Comcast offers $34 billion for Sky TV, topping a bid from Fox

Read on: ENTERTAINMENT - Los Angeles Times.

The bidding war for Sky, the European pay-TV service, heated up Wednesday when Rupert Murdoch’s 21st Century Fox upped its ante and, late in the day, Comcast Corp. countered with an even higher offer.

Independent directors of the London company initially approved Fox’s $32.5-billion bid, but they...