John Malone

Malone confirms succession plan

The CEOs of John Malone’s companies will have the first right to acquire his controlling stock after he dies, the US cable magnate has told the Irish Times. Malone, speaking during Liberty Global’s annual overseas board meeting in Dublin, confirmed to the paper that “most of [his] long-time CEOs…have the first right” to acquire stock […]

Discovery buying Scripps for US$14.6bn

Discovery Communications is acquiring fellow US-based cable group Scripps Networks Interactive for US$14.6 billion (€12.4 billion). The cash-and-stock deal values each Scripps at US$90, a 34% premium of the company’s share price when talks with Discovery first began on Tuesday, July 18. The deal, which is subject to approval of both sets of shareholders and […]

Report: Lionsgate restarts Starz talks

Lionsgate Entertainment is reportedly back in talks to buy US premium cable channel Starz. The pair was previously linked in late-2014, and came closer together last year when Starz’s main shareholder, John Malone, bought 3.4% of Lionsgate through his Liberty Global cable group. Bloomberg has now reported that talks over Lionsgate acquiring the Outlander network […]

Malone trumps Drahi to strike merger deal with Time Warner Cable

Cable magnate John Malone-backed US cable operator Charter Communications has struck a deal to merge with Time Warner Cable and acquire US number six cable operator Bright House Networks in a deal that values Time Warner Cable at US$78.7 billion (€71.6 billion).  Charter is to pay US$195.71 a share, representing a premium of about 14% […]

Malone: Vodafone-Liberty Global combination would be ‘great fit’

A combination of Vodafone and Liberty Global would be a “great fit” for the latter, according to Liberty chairman John Malone. Malone, interviewed by Bloomberg yesterday, said that an agreement to work together or a combination of the two companies could deliver “very substantial synergies” and cited the benefits of a merger in markets including […]

Liberty Global acquisition drive “slowing down” and turning vertical

Liberty Global is unlikely to acquire fixed networks in further European markets and is not interested in acquiring mobile networks, but could drive consolidation in Poland, according to CEO Mike Fries, speaking to the Wall Street Journal in a joint interview alongside Liberty chairman John Malone. Fries said that Liberty’s acquisition story “is not coming […]

Malone makes share plans with Discovery’s Zaslav, Liberty’s Fries

Media mogul John Malone has given right of first refusal to his holdings in Discovery Communications and Liberty Global to the respective companies’ CEOs. The move has been widely seen as 72 year-old Malone’s first steps in laying out a succession plan for his global media empire. Discovery chief exec David Zaslav will get a […]

AMC buys Liberty’s Chellomedia for €750 million

AMC Networks has reached an agreement to buy Liberty Global-owned channel operator Chellomedia for €750 million. The deal hands US-based AMC an extensive array of channels that are distributed to nearly 400 million homes in 138 territories. Chellomedia is the international content arm of John Malone’s Liberty Global, while AMC has emerged a leading cable […]

John Malone admits defeat in Kabel Deutschland race

Liberty Global owner John Malone has admitted his company has lost the race to buy German cableco Kabel Deutschland to Vodafone. In June, Vodafone agreed a deal to buy the cable provider for €7.7 billion and Malone told Bloomberg that the telco had beaten it to a German deal. “Unfortunately the Vodafone guys have preempted […]

Malone says cable companies should unite for Hulu bid

US MSOs should join forces to make a bid for Hulu, according to Liberty Media boss John Malone. The influential media executive was speaking to Reuters at the fringes of Allen & Co’s Sun Valley conference and said that all US MSOs would benefit from owning an online streaming and catch-up service. Hulu is currently […]