Bloomberg is now reporting speculation that Twenty-First Century Fox Inc FOXA 2.06% might make a new bid for Time Warner Inc (NYSE: TWX), a story that was reported last week on Benzinga.

About a year-and-a-half ago, Time Warner CEO Jeff Bewkes rejected an $85/share buyout offer from Fox, but Bloomberg columnist Tara Lachapelle believes that the potential deal still makes sense.

TV content providers are under attack by a wave of new digital content providers like Netflix, Inc. NFLX 8.59%, and consolidation on the cable side of the business has already exploded, including with headline merger deals by Charter Communications, Inc. CHTR 4.18%/Time Warner Cable Inc TWC 2.18% and AT&T Inc. T 0.47%/DIRECTV.

Last week, a source familiar with the matter told…

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