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<div id="block-views-articles-articles-just-in" class="block block-views first odd"> <div id="block-views-articles-articles_just_in-ajax-content" class="ajaxblocks-wrapper"></div> </div> <div id="block-block-50" class="block block-block even"> <div style="width:215px; height:200px; padding:0; margin:0;"></div> </div> <div id="block-block-52" class="block block-block last odd">  <div class="OUTBRAIN" data-src="https://web.archive.org/web/20180725075641oe_/http://thehill.com/policy/technology/392137-comcast-offers-65-billion-bid-for-fox" data-widget-id="SB_1" data-ob-template="The Hill"></div> </div> </div> <div class="left-sidebar-space"> </div> </div> <div class="content-wrapper"> <h1 class="title" id="page-title">Comcast offers $65 billion cash bid for 21st Century Fox</h1> <div class="submitted-wrp"> <span class="submitted-by"> By <a href="/web/20180725075641/http://thehill.com/author/harper-neidig">Harper Neidig </a> - <span class="submitted-date">06/13/18 04:33 PM EDT</span> </span> <a href="/web/20180725075641/http://thehill.com/policy/technology/392137-comcast-offers-65-billion-bid-for-fox#bottom-story-socials" class="disqus-comments" data-disqus-identifier="node/392137"></a> </div> <div class="blogs-social-wrp"> <span data-behavior="socialShareCount" data-href="http://thehill.com/policy/technology/392137-comcast-offers-65-billion-bid-for-fox" class="social-share-count"> 6</span> <div class="addthis_inline_share_toolbox_ru82"></div> <div class="share-additional"> <div class="share-linkedin"> <script> ;(function(){ var linkedinScriptEl = document.querySelector('script[src="//web.archive.org/web/20180725075641/http://platform.linkedin.com/in.js"]'); if (linkedinScriptEl == null) { var shareLinkedinEl = document.querySelector('.share-linkedin'); var scriptEl = document.createElement('script'); scriptEl.src = "//web.archive.org/web/20180725075641/http://platform.linkedin.com/in.js"; scriptEl.async = true; scriptEl.innerHTML = " lang: en_US"; 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Roberts said in his letter that a merger with Comcast has just as good of a chance of getting regulatory approval.</p><p>"21st Century Fox remains subject to the Disney Merger Agreement," Fox said in a statement. "Consistent with the terms of this agreement and the fiduciary duties of the Company’s directors, 21st Century Fox’s Board, in consultation with its outside legal counsel and financial advisors, will carefully review and consider the Comcast proposal."</p><p>The efforts by telecom companies to buy up media companies comes as consumers are increasingly forgoing traditional pay TV subscriptions and as traditional video distribution is being challenged by companies like Netflix, Hulu and Amazon.</p><p>After the FCC’s decision to repeal its net neutrality rules, internet providers may also soon be free to prioritize their own entertainment content to subscribers over offerings from competitors.</p><p><em>Updated at 5:41 p.m.</em></p></div></div></div> <div id="bottom-story-socials" class="blogs-social-wrp"> <div class="addthis_inline_share_toolbox_ru82"></div> <div class="share-additional"> <div class="share-linkedin"> <script> ;(function(){ var linkedinScriptEl = document.querySelector('script[src="//web.archive.org/web/20180725075641/http://platform.linkedin.com/in.js"]'); if (linkedinScriptEl == null) { var shareLinkedinEl = document.querySelector('.share-linkedin'); var scriptEl = document.createElement('script'); scriptEl.src = "//web.archive.org/web/20180725075641/http://platform.linkedin.com/in.js"; scriptEl.async = true; scriptEl.innerHTML = " lang: en_US"; shareLinkedinEl.appendChild(scriptEl); } })(); </script> <script type="IN/Share"></script> </div> <div class="share-stumbleupon"> <su:badge layout="6"></su:badge> <script type="text/javascript"> (function() { var li = document.createElement('script'); li.type = 'text/javascript'; li.async = true; li.src = ('https:' == document.location.protocol ? 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