Comcast ’s Co-CEO designate Mike Cavanagh said today that if the company was looking at M&A it would be interested in streaming and studio assets and that it will have more options along those lines, post Versant spinoff, than many seem to believe.
“I think we’ve said repeatedly, and I’ll say it again, that the bar is very high for us to pursue any M&A transactions given how strongly we feel about the businesses we have, the strategies we’re pursuing and the opportunities we have ahead of us,” he said on a call with analysts after quarterly earnings. That’s de rigueur ahead of any deal talk,
But, he said, in response to a question, “You should expect us to look at things that are trading in the space around our industry. It’s our job to try to figure out if there are ways to add val

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