Comcast wants to buy Disney for $66 billion

Posted Wednesday, February 11, 2004 8:43 AM | Contributed by Jeff

Comcast, the largest U.S. cable television operator, Wednesday launched a stunning proposal to buy Walt Disney in a deal Comcast said would value Disney at $66 billion including debt. If successful, the deal would vault Comcast into one of the world's largest media companies, combining Disney's film studio, ABC television network, ESPN sports network and theme parks with Comcast's 21 million cable subscribers.

Read more from C-Net News.com.

Comments: 55

Loading...