Liberty Media

Liberty chief John Malone predicts streamer consolidation after ‘land rush’

Liberty Media chairman John Malone used his company’s annual investor day to give a frank assessment of the “mad Oklahoma land rush” towards streaming. He summarised: “There is a lot of blood flowing down the gutters of people who are streaming. Some of them can afford it, and some of them can’t. So my guess […]

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 […]

Formula 1 teams with ISG to launch in-play betting

Formula 1 has struck a far-reaching sponsorship and data rights commercial partnership with Interregional Sports Group (ISG) to create a new F1 betting offering, enabling the development of all new in-play betting markets during Grands Prix. Under the deal, ISG will have the right to sub-license Betting Partnership Rights to select betting brands around the […]

Whistle Sports raises US$28m in funding

Whistle Sports has raised more than US$28 million as part of an ongoing Series D funding round, which is being led by investment company and Eleven Sports founder, Aser. Aser’s investment forms part of a wider collaboration between Whistle Sports and its subsidiaries, including Eleven Sports, that is designed to help accelerate Whistle’s international expansion. […]

A+E adds ex-Fox exec to run History Japan

A+E Networks has appointed former Fox and Liberty Media exec John Flanagan as general manager of The History Channel Japan Corp (THCJ). Flanagan replaces Asia Ireton, who has held the role since 2013. Flanagan comes from London-based gift card retailer Blackhawk Networks, where he was president and representative director of Japan and South Korea. However, […]

Ecclestone replaced as Liberty Media completes F1 takeover

Liberty Media has completed its US$8 billion takeover of Formula 1 and appointed Chase Carey as CEO, replacing longstanding F1 boss Bernie Ecclestone. After some 40 years in charge of the sport Ecclestone now becomes ‘chairman emeritus’ and will be available as “a source of advice” for the F1 board. Carey, who also serves as […]

Liberty Media confirms US$4.4bn Formula 1 deal

Liberty Media has confirmed that it is buying the Formula1 motor sports business for US$4.4 billion. The deal gives F1 an enterprise value of US$8.0 and will see Liberty buy an initial minority stake of 18.7%, which it will up to 100% subject to antitrust and competition approvals in various countries. Liberty is buying the […]

Report: Liberty Media gears up to take F1 rights

Liberty Media is reportedly close to taking control of Formula One, buying ownership of the sport from controlling stakeholder CVC Capital. According to a report by German magazine Auto Motor und Sport, the US$8.5 billion (€7.6 billion) deal is set to go ahead this week with Liberty Media due to pay the first of two […]

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 […]

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