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The Latest Breaking News from John Malone

Former F1 CEO Carey appointed to Liberty Media board

Formula 1's previous CEO Chase Carey has returned to owner Liberty Media as the company narrows its focus on its flagship asset.

Motorsport

Liberty braced to deny fresh F1 takeover speculation following Maffei departure

Greg Maffei’s impending departure from Liberty Media will undoubtedly once again bring forth rumours of Formula 1 being up for sale, regardless of the stance taken by the current owners.

Autosport

Maffei to step down as CEO of F1 owner Liberty Media

Formula 1 owner Liberty Media has announced its president and CEO Greg Maffei will leave his role by the end of 2024.

Motorsport

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Warren Buffett's Berkshire buys top entertainment stock

The Oracle of Omaha boosts his stake in this media company.

The Street

WBD vs. GOGO Hit 52-Week Lows: Which is the Better Buy?

Warner Bros. Discovery hit its 35th 52-week low on Tuesday. Gogo hit its 32nd of the past 12 months. The former also hit its 32nd 2-year low, while the latter had its 43rd 2-year low. While they’re both troubled companies, one is a better buy than the other. Here’s why.

Barchart

For sale: Murdoch’s grand dream, barely used. Available by subscription only

News Corp’s sale of Foxtel represents the dying embers of Rupert Murdoch’s grand plan for a global television subscription network.

Crikey

John Malone, Adam Silver Among Speakers Lined Up for Paley International Council Summit

‘Global Innovators: Defining the Future of Media’ is the name of the two-day event in New York

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John Malone Quits Director Emeritus Role at Charter Amid Antitrust Concerns

The Clayton Act says Malone’s serving simultaneously on the boards of Charter and Warner Bros. Discovery is a no-no

Broadcasting & Cable

Here's What We Think About MotoGP's Merger With F1

Massive American firm Liberty Media Corporation has acquired MotoGP rights from holder Dorna for $4 billion. Here's what it could mean for fans.

RideApart

With higher fees and more ads, streaming services like Netflix, Disney+ and Hulu are cashing in by using the old tactics of cable TV

There’s one thing that television viewers can count on in 2024: higher fees and more commercials.

The Conversation

What's in Store for '24? FASTs Fall, Par Gets Sliced, Apple Takes a Bigger Bite

In a very special and forward-looking 'Next Text,' if you sarcastically come at David Bloom with the name 'Carnac,' you best not leave out 'The Magnificent'

Broadcasting & Cable

Streaming May Become Less Overwhelming (and Less Expensive) Next Year

Streaming services: We’re about to enter the era of bundles, saving money in the process, study says.

Kiplinger

High-profile billionaire lets a big secret slip about Warren Buffett

He's trying to use the same strategy as Buffett.

The Street

Cesar Conde, Debra Lee, John Malone Lined Up For Paley International Council Summit

Annual event brings together execs from media, entertainment, sports, telecom and tech

Multichannel News

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Salon

A wild idea to fix CNN after Chris Licht

Winning back the right can't be done. Neither will persuading them that CNN isn't a villain. Time to move forward

Salon

CNN boss out after Trump town hall mess

Licht gets the axe — but he was merely executing the vision of top executives, media watchdog says

Barchart

Warner Bros. Discovery’s Mistakes Keep Piling Up

CNN CEO Chris Licht looks like he could be forced to walk the plank for the sins of an ego-driven and highly overpaid boss in David Zaslav. Either way, WBD stock remains a dud.

Broadcasting & Cable

B+C Hall of Fame Speeches: Wonya Lucas, Hallmark Media CEO

Henry Aaron, Ted Turner and Rubye Lucas loom large in the Hallmark CEO's life story

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Broadcasting & Cable

CNN Pivots to the Political Center, but No One Is Around to Watch

Under John Malone’s mandate, Warner Disco chief David Zaslav hired a morning show producer to reorient a cable news channel deemed too woke by the far right. But a year into Chris Licht’s term, the audience has gone to sleep

The Guardian - UK

US firm Liberty Global buys stake in Vodafone after tumultuous year

‘Cable cowboy’ John Malone rules out takeover bid but says he believes UK telecoms company is undervalued

The Guardian - US

Layoffs, low ratings and a lurch closer to the right: is CNN in crisis?

New management outlines a course to cut costs and return to political middle ground, but there may be no easy fix in sight

The Guardian - US

The changes at CNN look politically motivated. That should concern us all

Brian Stelter’s very popular and commerically successful show was axed. The reason? Follow the money

Los Angeles Times

Jean Guerrero: Latinophobia in mainstream news fuels the radical right

A main driver of democracy's decline in the United States is Latinophobia — from its central role in the rise of Donald Trump to its influence in the Jan. 6 insurrection.

The Guardian - US

Brian Stelter rebukes CNN on final show: ‘It’s not partisan to stand up to demagogues’

Host says, ‘It is not partisan to stand up for decency and democracy and dialogue,’ after CNN cancels media show Reliable Sources

Axios

CNN evaluating partisan talent as part of push to make coverage more neutral

The network's new boss, Chris Licht, could oust individual CNN contributors who don't embrace the new approach, sources say.

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