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Comcast reportedly won't try to top Disney's $71.3B bid for Fox

The cable giant will apparently focus on bidding for the UK's Sky television instead.

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marrianzhou
Marrian Zhou Staff Reporter
Marrian Zhou is a Beijing-born Californian living in New York City. She joined CNET as a staff reporter upon graduation from Columbia Journalism School. When Marrian is not reporting, she is probably binge watching, playing saxophone or eating hot pot.
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Marrian Zhou
Comcast To Bid For Sky TV

Comcast seems to have removed itself from the Fox hunt.

 Joe Raedle / Getty Images

Comcast may walk away from its bidding war over Fox's entertainment assets.

Cable giant  Comcast  won't raises its bid for Fox to counter Disney's $71.3 billion offer, according to CNBC. Comcast will reportedly focus on its pursuit of UK's Sky television instead.

21st Century Fox, home to popular franchises like X-Men, Deadpool, Ice Age and The Simpsons, agreed to Disney's bid of $71.3 billion in June, rejecting Comcast's $65 billion offer.

Around the same time, Comcast bid against Fox for Sky television. Earlier this month, Fox offered $32 billion for Sky -- before Comcast raised its offer for Sky to $34 billion. Fox already owns nearly 40 percent of Sky and had been attempting to take full control.

Comcast didn't immediately respond to a request for comment.