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Andrew Harrer/Bloomberg via Getty Images

Just weeks after it was rumored to have placed a higher bid for Fox's entertainment assets than Disney, American cable giant Comcast announced that it is placing a $31 cash billion bid for a majority stake (over 50%) in Europe's Sky News, topping 21st Century Fox's $15 billion bid for an additional 61% of the network that it doesn’t already own.

Why it matters: Fox has been pursuing a majority stake in Sky for months, but has been facing regulatory hurdles around the deal. British authorities were supposed to give Fox a final decision this spring, but Comcast's bid could change the deal outlook for the network, which is simultaneously hoping to complete a $52 billion merger with Disney in the United States.

Between the lines: The bid shows how aggressive Comcast, which owns a majority stake in NBCUniversal, is willing to pursue content deals globally.

Comcast CEO Brian Roberts said Tuesday that the cable company is looking to acquire over 50% of the Sky shares in order launch a platform for growth in Europe. “Adding Sky to the Comcast family of businesses will increase our international revenues from 9% to 25% of company revenues," Roberts said.

  • Fox has offered some remedies to address media ownership plurality in Europe. The company recently pledged to create a fully independent board for Sky News to ensure its independence, should its $15 billion bid to take a majority stake in the Pay-TV company be approved.

The bigger picture: Many legacy media players have been consolidating to be able to compete with tech giants, like Google, Facebook and Netflix. Discovery Communications acquired Scripps Inc. for $14 billion this summer.

Go deeper

Using apps to prevent deadly police encounters

Illustration: Sarah Grillo/Axios

Mobile phone apps are evolving in ways that can stop rather than simply document deadly police encounters with people of color — including notifying family and lawyers about potential violations in real time.

Why it matters: As states and cities face pressure to reform excessive force policies, apps that monitor police are becoming more interactive, gathering evidence against rogue officers as well as posting social media videos to shame the agencies.

Dan Primack, author of Pro Rata
11 hours ago - Technology

TikTok gets more time (again)

Illustration: Aïda Amer/Axios

The White House is again giving TikTok's Chinese parent company more to satisfy national security concerns, rather than initiating legal action, a source familiar with the situation tells Axios.

The state of play: China's ByteDance had until Friday to resolve issues raised by the Committee on Foreign Investment in the U.S. (CFIUS), which is chaired by Treasury secretary Steve Mnuchin. This was the company's third deadline, with CFIUS having provided two earlier extensions.

Federal judge orders Trump administration to restore DACA

DACA recipients and their supporters rally outside the U.S. Supreme Court on June 18. Photo: Drew Angerer via Getty

A federal judge on Friday ordered the Trump administration to fully restore the Deferred Action for Childhood Arrivals program, giving undocumented immigrants who arrived in the U.S. as children a chance to petition for protection from deportation.

Why it matters: DACA was implemented under former President Obama, but President Trump has sought to undo the program since taking office. Friday’s ruling will require Department of Homeland Security officers to begin accepting applications starting Monday and guarantee that work permits are valid for two years.

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