Over the weekend, Comcast outbid Twenty-First Century Fox by $3.6 billion in a long-running battle between the two companies for British broadcaster, Sky.
The move is the latest in a series of major developments in the media industry this year, following the Walt Disney Company's bid to purchase Fox's assets.
The pharmaceutical industry also saw a merger and acquisition deal of a similar magnitude earlier in the year, as Japan's Takeda Pharmaceutical agreed to buy London-listed drug-maker Shire. The $62 billion deal is currently pending regulatory approval from authorities.
— Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.
— Reuters contributed to this report.