John Malone Latest Celebrity News & Gossip

Jennifer Maas TV Business WriterWarnerMedia has been owned by telco giant AT&T for less than four years and it will soon have a new parent company — likely by the end of next month.Discovery’s shareholder vote on the acquisition of WarnerMedia is set for today during a special meeting of stockholders set for 10 a.m. ET. The deal is expected to get an easy thumbs-up given the approval already bestowed by Discovery’s oldest and most influential holders, investor John Malone and Advance/Newhouse Co.

Discovery CEO David Zaslav dropped his usual quota of names during the company’s quarterly earnings call — John Malone, Jack Welch, Oprah — but one name didn’t come up: Jeff Zucker.

Discovery has set March 11 as the date of a special shareholder meeting to hold a vote on the company’s proposed merger with AT&T’s WarnerMedia.

The merger of AT&T’s WarnerMedia and Discovery has cleared U.S. regulators, the companies announced Wed.,  in the last major hurdle for the $43-billion deal.

AT&T CEO John Stankey and Discovery CEO David Zaslav generally sidestepped questions about the exit of CNN boss Jeff Zucker amid dismay among the cable network’s on air talent and staffers over how the situation was handled.

John Malone, the billionaire media mogul who is a longtime stakeholder in Discovery, said its pending merger with WarnerMedia will incur debt but will make up for it in cost savings.

Cynthia Littleton Business EditorDiscovery’s tie-up with WarnerMedia has stirred up a firestorm of chatter about the impact of the deal that took nearly everyone in Burbank and Hudson Yards by surprise over the weekend.After a day of digesting the news and reading tea leaves, industry insiders were focused on the timing of WarnerMedia CEO Jason Kilar’s departure and the size of his severance package after one year and two weeks on the job.Another surprise that emerged from the fine print on the

Mike Fries, CEO of Liberty Global, John Malone's international cable giant, saw his overall pay package for 2020 shrink to $44.9 million, compared to a pay packet of $123.2 million in 2019 that was part of a front end-loaded, multi-year compensation package. The $123.2 million overall compensation package for 2019, part of a new five-year contract renewal, included a multi-year remuneration target, certain levels of stock appreciation and amounts aggregated into a single year lump amount.

Cable operator Charter Communications, in which John Malone's Liberty Broadband owns a big stake, lost 138,000 pay TV subscribers in the first quarter. Just like in the fourth quarter of 2020, Charter's broadband user gains remained a key growth engine amid the coronavirus pandemic, but subscriber growth slowed over the comparable period of 2020.

John Malone's Liberty Media — which owns audio entertainment giant SiriusXM, the Atlanta Braves baseball team and the Formula One racing circuit — disclosed that president and CEO Gregory Maffei's 2020 compensation amounted to $47.1 million, up from $44 million in 2019 and $20.1 million in 2018. He had made $19.8 million in 2017 and $16.9 million in 2016.The pay details were disclosed in a regulatory filing with the Securities and Exchange Commission.

Televisa and Univision executives said a new global OTT service to launch early next year will roll up their current streaming offerings — including Prende TV, Vix and Blim — and that its content won’t overlap with Univision’s linear networks.

Charter Communications chairman and CEO Thomas Rutledge received compensation worth $38.8 million in 2020, a big jump from $8.74 million in 2019 and $8.15 million in 2018. An SEC filing issued on Thursday by Charter, in which John Malone's Liberty Broadband owns a big stake, indicated Rutledge's base salary for 2020 was $2.07 million, just up from $2 million in 2019.

Liberty Media — the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit — has reported its fourth-quarter financials amid the ongoing coronavirus pandemic. Fourth quarter revenue at SiriusXM rose slightly percent to $2.7 billion, compared to a year-earlier $2.61 billion.

Cable operator Charter Communications, in which John Malone's Liberty Broadband owns a big stake, lost fewer pay TV subscribers in the fourth quarter than in the year-ago period, but its broadband user gains,a key growth engine amid the coronavirus pandemic, slowed.

one punter said his first sip of draught beer in months was 'like an an angel p****ng on the tip of my tongue'. The pub is also frequented by Michael Deveney, of  The Creation of Manchester fame.

Dade Hayes Finance EditorRoku shares closed at a new record high of $255.67, up more than 10% for the day, on whispers of a distribution deal with HBO Max and a firm endorsement from billionaire media oracle John Malone.The stock has nearly doubled in 2020 as COVID-19 has boosted overall streaming hours. The influx of new services like Disney+, Apple TV+ and Peacock to challenge Netflix has been a positive development for the Los Gatos, CA-based tech firm.

Jill Goldsmith Co-Business EditorMedia patriarch John Malone in a rare appearance said he’d pushed DirecTV to buy Netflix when he was chairman of the satellite broadcaster – a position he held from 2008 to 2010.The Liberty Media founder and chairman said he had invited Hastings to a Liberty board meeting “and he assured us all that he had no intention of producing his own content .. to which I responded ‘bullsh-t.’ It was clear where he was headed.

John Malone's international cable giant Liberty Global said on Wednesday that it has agreed to make an all-cash public tender offer for all publicly held shares of Swiss pay TV and telecom company Sunrise Communications in a 6.8 billion Swiss franc ($7.4 billion) deal. The price tag puts a 32 percent premium on the no.

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Monday reported second-quarter financials as the novel coronavirus pandemic delayed events in its sports operations.

Cable operator Charter Communications, in which John Malone's Liberty Broadband owns a big stake, on Friday reported that it grew its pay TV subscribers in the second quarter when including customers on special COVID-19 offers and that its broadband user growth accelerated amid the coronavirus pandemic. It also more broadband users than in the year-ago period during what was the first quarter to be fully affected by the novel coronavirus pandemic.

Audio entertainment giant SiriusXM, the home of Howard Stern, on Thursday said it added self-pay subscribers in its satellite radio and Pandora businesses for the second quarter, the first one that was fully affected by the coronavirus pandemic.