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Media mogul John Malone is opening up about advising David Zaslav, the chief executive of Warner Bros. Discovery, on his new contract with the media giant. In an interview with the New York Times about his memoir Born to be Wired, Malone, Zaslav’s longtime mentor, told the publication that he recently advised the WBD boss…
A second memoir on Hollywood media mogul John Malone appears to be in the works. “Well, he’s had one,” Liberty Media CEO Greg Maffei told the MoffettNathanson Media, Internet & Communications Conference during a session that was webcast on Tuesday. Maffei, who works hand-in-hand with Malone, was referring to the 2003 biography Cable Cowboy: John…
Formula 1 owner Liberty Media, led by chairman John Malone and CEO Greg Maffei, has struck a deal to acquire a big majority stake in the company behind the motorcycle racing circuit MotoGP in a deal that puts an enterprise value of €4.2 billion ($4.5 billion) on the firm. The deal for Madrid, Spain-based Dorna…
John Malone and Charter Directors Reach $87.5M Deal to Settle Investor Suit A seven-year old lawsuit alleging billionaire John Malone was illegally compensated through a side deal in Charter’s 2015 acquisition of Time Warner Cable has settled for $87.5 million. A proposed deal filed on Friday in a Delaware court notes that the money will…
Liberty Media Fourth-Quarter Revenue Grows Across SiriusXM, Atlanta Braves, F1 Units Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, reported fourth-quarter financials on Wednesday. Overall revenue at Liberty Media for the year to Dec. 31 came…
“Keith Olbermann slams CNN’s Chris Licht over morning shakeup: ‘S–tstorm is here’” Ex-MSNBC anchor Keith Olbermann labeled former colleague Chris Licht a “TV fascist” after the new CNN boss announced an overhaul of the struggling network. Olbermann lashed out at Licht shortly after CNN revealed that left-leaning anchor Don Lemon would shift from primetime to…
“CNN ‘blowing up’ its morning show next after Brian Stelter firing: report” CNN brass is reportedly planning to shake up the network’s morning show “New Day” as its next move following the abrupt dismissal of ex-anchor Brian Stelter. CNN president Chris Licht is set on “blowing up” the morning programming block due to poor ratings,…
“Guest asks ex-CNN host Brian Stelter if John Malone axed his show” A guest on Brian Stelter’s “Reliable Sources” CNN show publicly aired speculation about whether an influential billionaire was responsible for axing the left-leaning media commentary show. During the program’s last show on Sunday, Insider’s chief media correspondent Claire Atkinson brought up media tycoon…
“CNN’s news coverage should be ‘more centrist’: John Malone” Key WarnerBros. Discovery shareholder John Malone reportedly denied involvement in CNN’s decision to ax Brian Stelter this week and cancel his “Reliable Sources” program – but called for the network to return to non-partisan coverage. Malone, a billionaire board director at WarnerBros. Discovery and close confidant…