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Comcast CEO Brian Roberts. Photo by Drew Angerer/Getty Images.

Comcast executives had a basic theme for investors, during a call that followed the company's $65 billion bid for 21st Century Fox's entertainment assets: Confidence.

Confidence that regulators will approve the deal. Confidence that Comcast shareholders will like the deal. And confidence that the deal will help it expand internationally and compete with streaming giants like Netflix.

Regulatory: Comcast believes regulatory pressure will be limited because 70% of revenue from the acquired assets will be generated outside the United States, whereas most current Comcast revenue is domestic.

"We are confident our deal is as or more likely to receive regulatory approval as the Disney deal."
— Comcast CEO Brian Roberts

Streaming power: Comcast believes this deal would give it the streaming power to take on Netflix. They also want to hold onto Hulu.

"With Fox assets, we would extend our tech capabilities into Europe, India and Latin America."
Steve Burke, CEO of NBCUniversal, which was acquired by Comcast in 2011.

Shareholders: Comcast execs repeatedly stressed how this would be a win for shareholders, despite the steep price.

"The combined company would have $130 billion in revenue and would yield $20 billion of free cash-flow annually."
— Comcast CFO Mike Cavanagh, Comcast's CFO.

International expansion: The addition of new international networks would expand Comcast's subscriber base by 53 million, executives said. 

  • Steve Burke said that Comcast would pick up international streaming assets from Fox, like the remaining 39% of Sky Broadcasting in Europe (it's currently vying to outbid Fox for the other 61%), Star TV and Hot Star Streaming in India and Fox premium in Latin America. 

Go deeper

Updated 3 hours ago - World

Up to 17 U.S. missionaries kidnapped in Haiti

Haitian soldiers guard the public prosecutor's office in Port-au-Prince this month. Photo: Richard Pierrin/AFP via Getty Images

Children were among up to 17 American Christian missionaries and their relatives kidnapped by a gang in Haiti on Saturday, the New York Times first reported.

The latest: Haitian police inspector Frantz Champagne identified the 400 Mawozo gang as the group responsible, in a statement to AP.

Hollywood union reaches deal with studios to avert strike

Photo: AaronP/Bauer-Griffin/GC Images

A Hollywood workers' union reached a tentative deal with studios, networks and streamers that will guarantee better working conditions, meal breaks and increased wages for low-paid workers, the International Alliance of Theatrical Stage Employees (IATSE) announced Saturday night.

Why it matters: The deal, which still needs to be ratified by IATSE members, will avert a nationwide strike by film and television workers that was set to start Monday. It would have been the first strike in the union's 128-year history.

Bill Clinton released from hospital following treatment for non-COVID infection

Photo: Tasos Katopodis/Getty Images/Bloomberg via Getty Images

Former President Bill Clinton was discharged from the University of California, Irvine Medical Center on Sunday, nearly a week after he was admitted for a non-COVID-related infection, according to his spokesperson Angel Ureña.

What they're saying: "His fever and white blood cell count are normalized and he will return home to New York to finish his course of antibiotics," wrote Dr. Alpesh Amin, who has been overseeing the team of doctors treating Clinton. "On behalf of everyone at UC Irvine Medical Center, we were honored to have treated him and will continue to monitor his progress."

Worth noting: Clinton had a urinary tract infection that spread to his bloodstream, per CNN.

  • The California-based medical team had been administering IV antibiotics and fluids, and was in constant communication with Clinton's New York team, including his cardiologist, according to the former president's physicians.
  • President Biden spoke by phone with Clinton on Friday to see how he was doing, and the catch-up included a discussion of recent politics.