Comcast is expected to raise its offer for Sky

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And the bidding goes on... Rupert Murdoch's 21st Century Fox has raised its offer for Britain's Sky. Fox wants a deal at 14 pounds a share. Topping Comcast's 12.50 pounds a share. Take a look at Sky today. Investors expect Comcast to counter offer.

This all part of the ongoing battle for Fox's entertainment assets. gets more complicated as the days go on. Does this focus on Sky mean we need to think about this whole deal differently?

GBH Insights is saying the real winner is Netflix if Comcast prevails.

All of this happens as Allen and company annnual retreat in Sun Valley is underway. Is this the deal that inspires more or scares off others?

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