John Malone

Malone: ‘I tried to buy Netflix’

Liberty Media chairman John Malone has revealed that he attempted to buy Netflix in its early days. Speaking to CNBC, the billionaire investor said that he tried to have DirecTV purchase Netflix during his tenure as chairman between 2008-2010. In comments to the news network, Malone said: “I tried to buy Netflix from Reed Hastings […]

Malone retires from Liberty Latin America board

Liberty Global chairman John Malone has announced his retirement from the board of Liberty Latin America.  The 78-year old Malone will transition to a director emeritus role going forward, meaning he will still be able to attend board meetings but will not be able to vote.  Malone said: ““I have decided to retire from the […]

Liberty Global’s John Malone increases Discovery stake

Liberty Global chairman John Malone has increased his stake in Discovery, purchasing US$75 million (€68.15 million) in stocks.  In total, Malone – who was already the company’s largest individual shareholder and has a seat on the board of directors – purchased 2.7 million shares at US$28.03. This follows Malone’s US$33 million (€30 million) stock buy […]

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 […]