Friday, February 13, 2004

More on Comcast and Disney: As expected, Comcast's proposed bid for Disney has made ways throughout the country, including in the sports world. The bid would have a strong effect on ESPN, as Comcast would not only be the largest cable provider in the nation, but also own the most popular cable channel. The deal, if successful, would also force Disney to sell the Mighty Ducks, the NHL franchise it has owned since the mid-90s and that has the name of the popular Disney movie.



The merger would also shake up the media industry. The New York Times reports that, as brands, Comcast and Disney make an awkward pair, but that Comcast investors are noticeably excited about the proposed deal.



In the latest news, Disney's board has vowed a fair review of the Comcast offer, though many analysts think it is undervalued.







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