‘King of Cable’ making waves ahead of TWC merger decision
Don’t count out John Malone, the king of cable, just yet. The Liberty boss is making a play to win whether or not Comcast’s $45 billion deal to acquire Time Warner Cable gets a rubber stamp or gets...
View ArticleMalone’s Charter rides merger wave with $10.4B Bright House deal
John Malone-backed Charter Communications has agreed to buy a majority stake in billionaire Si Newhouse Jr.’s Bright House Networks for $10.4 billion. The deal will make Charter, which counts Malone’s...
View ArticleComcast CFO to head up $4.5B acquisition arm
Comcast is unleashing its dealmaking Chief Financial Officer Michael Angelakis. The country’s No. 1 cable company on Tuesday said Angelakis would soon leave the company to helm a separate investment...
View ArticleLiberty Media ready to pounce after TWC-Comcast deal falls through
John Malone could hardly wait for the heart to stop beating on Comcast’s now-dead deal for Time Warner Cable. Within hours of Comcast pulling the plug on the $45 billion merger, Charter Communications,...
View ArticleEquity firms to Liberty Media: We want cable!
The death of the Comcast/Time Warner Cable merger has sparked a private equity scramble to invest in US cable systems, The Post has learned. KKR is engaged in talks with Liberty Media boss John Malone...
View ArticleMalone’s on a mission to beat back Netflix
The Cable King is now the Broadband Boss. John Malone is set to become the No. 1 broadband provider on the planet with 46 million subscribers — 27 million in Europe and 19 million in the US — thanks to...
View ArticleJohn Malone blasts cable’s answer to Netflix
Cable pioneer John Malone calls it like he sees it. The chairman of Liberty Media, which is Charter Communication’s biggest shareholder, said Tuesday that TV Everywhere — the cable industry’s answer to...
View ArticleJohn Malone talks TWC pursuit, Evan Spiegel at Sun Valley
SUN VALLEY, Idaho — One of the great reporting traditions at this mogulfest — loitering outside the Sun Valley Lodge bar late at night and listening to cable tycoon John Malone hold court — was...
View ArticleQVC buys mommy e-tailer Zulily for $2.4 billion
Zulily, the women’s and kid’s e-tailer that had been known for its runaway growth, has been lassoed by media mogul John Malone. Malone’s Liberty Interactive, which owns QVC, agreed to purchase...
View ArticleJohn Malone dishes on what cable companies need to do
If you’re mad as hell over your rising cable bill, blame programmers not your cable company, Liberty Media Chairman John Malone said in a take-no-prisoners interview Wednesday. “The villains are...
View ArticleCable giant Charter snubbed a buyout bid from Verizon
Verizon boss Lowell McAdam, his company facing slowing sales of mobile phones, made a proposal to acquire cable TV giant Charter Communications in recent months, three sources told The Post. The offer...
View ArticleQVC buys HSN in bid to keep up with online retail giants
The two home shopping network giants are betting that it’s better to battle Amazon and other online retailers together rather than alone. Liberty Media-owned QVC will acquire the 62 percent of rival...
View ArticleSprint’s side meetings may indicate cable deal is off track
Reports that Sprint’s chairman met with John Malone and Warren Buffett during Allen & Co.’s Sun Valley retreat spread like wildfire on Friday — only to be doused almost as quickly for defying...
View ArticleMasayoshi Son considering massive Uber stake
Moneybags Masayoshi Son is seriously considering throwing some of his billions into troubled rideshare company Uber, sources told On the Money. Son was recently in Sun Valley, Idaho, powwowing with the...
View ArticleJohn Malone says Charter Communications in high demand for merger, acquisition
At least four large media companies have approached Charter Communications about a partnership or an acquisition, company director John Malone said Thursday. Malone, speaking at Charter’s investor day,...
View ArticleNew twist in Paul Singer battle over Lionsgate
In a battle of moguls, hedgie Paul Singer appears to have cable pioneer John Malone in an uncomfortable spot. Singer’s Elliott Management owns a $300 million piece of Starz and is fighting the $4.4...
View ArticleMalone’s last-ditch effort to buy iHeartMedia faces uphill battle
John Malone’s 11th-hour bid for embattled radio giant iHeartMedia is likely to fall on deaf ears, a source close to the situation said. The $1.16 billion offer from Malone’s Liberty Media for a 40...
View ArticleiHeartMedia files for bankruptcy amid overwhelming debts
iHeartMedia filed for Chapter 11 bankruptcy on Thursday as the largest US radio station owner reached an in-principle agreement with creditors to restructure its overwhelming debt load. The company,...
View ArticleTiVo CEO exits for Liberty Global after only 8 months
Enrique Rodriguez has stepped down as TiVo’s president and CEO — only eight months after the ex-AT&T Entertainment Group exec took the job — to join John Malone’s Liberty Global cable company as...
View ArticlePart of the Mets are for sale
Look under the couch cushions, Mets fans — some minority stakes in your favorite team are about to hit the market. At least three minority owners of the beleaguered team are planning to sell a total of...
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