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Joan E. Solsman, Reporter, The Wall Street Journal in News on May 19, 2011 at 4:57 pm PT
Barnes & Noble Inc. said that Liberty Media Corp. has offered to buy the bookseller in a deal valuing it at about $1 billion.
Barnes & Noble shares were up 20 percent in after-hours trading Thursday on the news, matching the $17-a-share offer price from John Malone’s media empire.
News Byte
Peter Kafka in Media on December 2, 2010 at 5:40 am PT
Barry Diller and John Malone, who have been tied together for 17 years, are officially split up, for good: Malone’s Liberty Media is abandoning its majority stake in Diller’s IAC holding company and taking $220 million along with IAC’s Evite.com and Gift.com units, as parting gifts. Meanwhile Diller himself is making a smaller break with IAC by stepping down as CEO, but will remain as chairman. More details from
Shira Ovide.
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Jessica E. Vascellaro, Reporter, The Wall Street Journal in News on July 12, 2010 at 2:03 pm PT
Liberty Media Chairman John Malone is fired up about cable again, believing its high speeds will give it an edge over satellite as consumers devour more entertainment digitally.
The compulsive deal maker says he is looking for new investments, especially overseas, in cable, which he helped build over more than two decades as chief executive of Tele-Communications Inc. before it was sold to AT&T in 1999.
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Jessica E. Vascellaro, Reporter, The Wall Street Journal in News on July 8, 2010 at 3:11 pm PT
Media and technology executives and investors are sounding new alarms bells about the economy, worried it could wipe out recent growth.
In an interview Thursday morning at the Allen & Co. conference in Sun Valley, WPP LLC chief executive Martin Sorrell cited the possible widening of Europe’s economic troubles along with the coming expiration of some tax cuts for business as among the fears of the media, entertainment and technology executives attending the annual event. “People feel that things are uncertain,” he said.
Peter Kafka in Media on November 16, 2009 at 7:05 am PT
The new conventional wisdom is that sooner or later, consumers will have to start paying for some of the stuff they currently get for free on the Web.
But will they actually pay up? Here, the conventional wisdom is not so helpful. Nor are studies predicting consumer behavior.
Voices
Tiernan Ray, Blogger, Barron's, Tech Trader Daily in News on August 7, 2009 at 8:12 am PT
Shares of John Malone’s Liberty Media Interactive, owner of “QVC,” are up sharply this morning after the company beat Q2 expectations for revenue and operating profit.
Revenue fell, year over year, to $1.9 billion, the company reported, yielding adjusted Ebitda of $412 million. Still, that was ahead of the $1.834 billion and $345 million average estimate of analysts.
Kara Swisher in D7 on June 18, 2009 at 9:58 pm PT
As many already know, John Malone has been a cable legend since he first ran Tele-Communications Inc. back in the early 1970s. His influence put most cable channels on the map and his forceful business skills willed cable into becoming a key consumer medium for entertainment and news.
Malone talked about that experience onstage at the seventh
D: All Thing Digital conference and how it mirrors what is going on now as more content is being distributed on the Internet. You should listen, because Malone is a genuine media pioneer who could teach Web players a thing or two.
Kara Swisher in D7 on June 17, 2009 at 1:16 am PT
As many already know, John Malone has been a cable legend since he first ran Tele-Communications Inc. back in the early 1970s. His influence put most cable channels on the map and his forceful business skills willed cable into becoming a key consumer medium for entertainment and news.
Malone talked about that experience onstage at the seventh
D: All Thing Digital conference and how it mirrors what is going on now as more content is being distributed on the Internet. You should listen, because Malone is a genuine media pioneer who could teach Web players a thing or two.
