Media: British regulators approve Fox’s Sky deal

After 16 months of deliberation, U.K. regulators said this week that 21st Century Fox can proceed with its bid for control of the British satellite-broadcasting giant Sky, said Michael de la Merced in The New York Times. The approval of the deal, which is predicated on Fox selling Sky News, the broadcaster’s 24-hour news channel, is likely “a prelude to a bidding war over Sky—and to a larger fight.” Disney is trying to purchase Fox, “which already owns part of Sky and has offered to buy the rest.” But Comcast is attempting to play spoiler, bidding for both Fox and Sky, “all with the goal of causing trouble for Disney.”