Reports have surfaced that John Malone’s Liberty Media is seeking to take control of Formula One motor racing, with Sky News reporting that it is in detailed talks with F1’s controlling shareholder, CVC Capital Partners, about a transaction. Similar reports late June 2015 suggested that another of Malone’s companies, Liberty Global, was working with Sky on a bid. A year earlier, Liberty Global and cable networks programmer Discovery Communications were rumoured to be seeking to take a 49 … [Read more...] about Liberty Media racing towards F1
John Malone
Liberty Media Corporation announces retirement of David J.A. Flowers
Englewood, Colorado – Liberty Media Corporation announced on June 16 that after 19 years, David J.A. Flowers will be retiring from Liberty. Flowers joined Liberty in 1995 as a Vice President and Portfolio Manager, was named Senior Vice President and Treasurer in 2000 and Senior Vice President - Managing Director of Alternative Investments in 2011. Flowers will continue to serve Liberty as a consulting employee through the end of the year. “We thank Dave for his many … [Read more...] about Liberty Media Corporation announces retirement of David J.A. Flowers
Liberty Global to sell Chellomedia
Wall Street Journal reports that John Malone’s international cable business Liberty Global Inc., has put its Chellomedia television channel business up for sale, in a move that could lead to a deal valued at between $800 million and $1 billion, according to people familiar with the matter. Liberty Global, based in Englewood, Colo., owns a collection of broadband networks in more than a dozen countries including Germany and Belgium. Chellomedia is Liberty Global’s content division, … [Read more...] about Liberty Global to sell Chellomedia
