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Liberty Media CEO Greg Maffei’s 2020 Pay Package Totaled $47 Million, Up From $44 Million Year Earlier
Liberty Media CEO Greg Maffei saw his total compensation rise to $47 million last year from $44 million in 2019 on large option and stock grants.
Maffei's base pay was $871,880 but he received an option award worth nearly $25 million and a stock award of $8.3 million, according to the company's proxy statement filed…
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Liberty Media CEO Reassures On SiriusXM Host Howard Stern Re-Upping; Reports Softer Q3 For Atlanta Braves, Formula One
Liberty Media CEO and SiriusXM chairman Greg Maffei said Thursday that the satellite broadcaster's star host Howard Stern, whose contract ends this year, is likely to re-up and apologized that a recently announced top management reshuffle was handled too abruptly.
"I think we were surprised by the market reaction and…
Liberty Media CEO Greg Maffei’s 2019 Compensation Soared To $44 Milllion
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 Management Reshuffle Includes Retirement Of CFO Mark Carleton
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…
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By Dade Hayes
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Altice Considers A Play For Charter Communications: Report
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: Amazon’s Capabilities Are “Ridiculously Scary”
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 CEO Says Its “Unlikely” He Will Buy Pandora At Current Price
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…
Pandora Media Shares Jump After Liberty CEO Seems To Warm To A Deal
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’s Formula 1 Acquisition Gets Checkered Flag
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…
John Malone: Donald Trump May Help Cable With Tax Cuts & End To Open Internet Rules
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…
Liberty Media Looks To Launch Streaming Service For Formula One Racing
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…
Liberty Media Promotes Mark Carleton To CFO In C-Suite Reshuffling
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…
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