Comcast Is Taking “Tremendous Risks” With Sky Offer, But Could End Up With Netflix-Like Moat: Analyst [Deadline]

Comcast Is Taking “Tremendous Risks” With Sky Offer, But Could End Up With Netflix-Like Moat: Analyst [Deadline]

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By Dade Hayes

March 12, 2018 | In a 47-page report out today, influential Wall Street analyst Craig Mofett deems the presumed bid for Comcast by pay-TV giant Sky TV as a gambit with “tremendous risks” that nonetheless could yield an OTT service with Netflix-style advantages.

 The near-term upside of Comcast’s overture for Sky has been nil, notes Moffett, a partner in MoffettNathanson...

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