Latest in Greg Maffei

Liberty Media CEO Gregory Maffei’s compensation for 2019 totaled just over $44 million, more than double $20 million the year before. In its annual proxy filing with the SEC, Liberty said Maffei received a base salary of $1.16 million, a bonus of $2.2 million, stock awards of $3.5 million, option awards of $27.8…

Liberty Media has announced a set of senior management changes, including the retirement of CFO Mark Carleton, whose affiliation with Liberty chairman John Malone dates to 1987. Carleton will stay focused on certain companies in Liberty’s portfolio, shifting to an advisory role. Taking his place is Brian Wendling, a…

Altice shares are down 5.2%, and Charter Communication’s up 3.2%, after CNBC reported that Patrick Drahi’s European telecom company is thinking about making a $200 billion offer for the No. 2 U.S. cable company. Although it’s not certain yet that Altice will pull the trigger, it “seems likely,” the report says, as…

Liberty Media CEO Greg Maffei paid Amazon a backhanded compliment today, telling analysts that he considers the e-retailer “a ridiculously scary company.” Maffei made the characterization when asked about the threat Amazon’s streaming music efforts might pose to SiriusXM, which Liberty owns — along with a threat its…

Liberty Media just added some more static to the shifting signals it’s been sending about its interest in buying Pandora Media. “We think the stock is overvalued, so it’s unlikely we’re going to buy them,” Liberty CEO Greg Maffei told investors today at the Deutsche Bank Media, Internet & Telecom Conference. “I would…

Liberty Media CEO Greg Maffei seemed to change his tune slightly today when it comes to a possible deal with SiriusXM buying Pandora Media. The streaming music company’s shares jolted to a 2% gain after Maffei, whose company owns 66% of the satellite radio provider, called Pandora “a really interesting asset.” “You…

Liberty Media is officially in the F1 driver’s seat. The company run by president and CEO Greg Maffei has completed its $4.4B acquisition of the global motorsports business, whose parent company is Delta Topco, and Formula 1 has tapped former Fox exec Chase Carey as its chief executive. He replaces Bernie Ecclestone…

Donald Trump’s victory on Tuesday could help cable companies — both because of his tax policies and regulatory ones — Liberty Media chairman John Malone told investors today. “You're going to see more fiscal stimulus” if he lowers tax rates, potentially encouraging companies that park cash overseas to bring it back to…

Don’t be surprised if Liberty Media introduces a direct-to-consumer streaming service featuring Formula One racing once the the John Malone-controlled company acquires the league. Liberty’s “very excited about the idea,” CEO Greg Maffei told analysts today in a quarterly earnings call. A streaming service “makes a lot…

John Malone’s Liberty Media will see a change in some of its top positions on October 1. Chief Development Officer Mark Carleton will become CFO, replacing Christopher Shean, who moves to Senior Advisor overseeing what Liberty describes as some of its “significant investments.” Albert Rosenthaler moves from Chief Tax…

Hulu owners Disney, Comcast and Fox as well as other programmers might talk tough about using online services to compete with cable and satellite, but they’ll stop short of becoming serious competitors, Liberty Media CEO Greg Maffei told investors today at the MoffettNathanson Media and Communications Summit. “Do you…

How eager is Liberty Media’s John Malone to become a major player in Hollywood? Not very, it seems, based on comments that Liberty CEO Greg Maffei made at an investor conference today. “The odds that we at Liberty will participate other than through Starz [which Malone controls] in some big content consolidation — I…