Business | There can be only one

Comcast and Disney battle over Rupert Murdoch’s empire

The winner will seek to take on Netflix and Amazon globally

|NEW YORK

A YEAR ago, investors in 21st Century Fox, Rupert Murdoch’s entertainment empire, could have been forgiven a bout of the blues. Shares were down by 30% from their peak in December 2014. Viewership of most of the company’s American networks was in decline, and millions had dropped expensive pay-TV packages, including its own, in favour of cheaper web-delivered video.

This article appeared in the Business section of the print edition under the headline “There can be only one”

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