Discovery Comm closed its purchase of HowStuffWorks, which remains the largest shareholder of HSW Intl. As part of the deal, the latter company named Discovery pres, digital media, emerging networks and business development Billy Campbell a board member. — XFone inked agreements for approx $33.4mln in non-secured debt and equity to finance its acquisition of NTS Comm, a triple-play provider in TX. — Comcast Interactive Capital and others participated in a new $17.5mln funding round for BelAir Networks, a provider of mobile wireless broadband mesh network solutions.

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Fox on Dropping TNF, the US Open

Fox Corp passed up on some big sports deals this year, but CEO Lachlan Murdoch seemed confident that was the right move at an investor conference Thursday.

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