LONDON: Walt Disney is hovering like the Death Star over European telecom groups’ media dreams. The likes of BT are investing in sports and other content to sell to their customers. With rival pay-TV group Sky soon to be owned by the maker of Star Wars movies, which feature the planet-destroying space station, some may be forced into retreat.[...]
Hedge fund manager Crispin Odey argues that Sky should fetch a higher price following Disney’s $52 billion deal with Fox[...]

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