Liberty Media has announced that Derek Chang has been appointed President and Chief Executive Officer. Chang is a veteran executive across the global media, sports and entertainment industries. He has led operating, corporate development and investment teams at prominent companies during various stages of growth including EverPass Media, the NBA, DirecTV, Scripps, Charter and TCI. […]
Greg Maffei is stepping down as Liberty Media CEO at the end of 2024. John Malone will assume the role of interim CEO. This week the company said it plans to split off the Liberty Live Group, which would be comprised of 69.6 million shares of Live Nation Entertainment and Quint, among other assets. The […]
Hibox Systems, a subsidiary of the Accedo Group, has been chosen by Liberty Latin America (LLA) to deploy its next gen hospitality solution, Smartroom, in hotels across several of its Caribbean and Latin American markets. LLA is a telecommunications company with operations in Latin America and the Caribbean, providing communications and entertainment services to residential […]
F1 owner Liberty Media is buying MotoGP. The €3.5bn deal will see Dorna Sports, the commercial and television rights holder of MotoGP, remain an independently run company included in Liberty Media’s Formula One Group tracking stock. Carmelo Ezpeleta, who has been CEO since 1994, will remain in his position and continue to run the business […]
Full Disclosure: I write this piece without any pretence to journalistic objectivity. I ride a motorcycle, l love to do it, and I am a huge fan of motorcycle racing. Therefore, I wish Liberty Media all the best with their acquisition of Dorna, the organiser behind MotoGP and World Superbikes. MotoGP is the top, prototype […]
Liberty Global has announced that Severina Pascu has been appointed to the newly created role of Senior Vice President, Commercial and Operations. Reporting directly to Liberty Global CEO Mike Fries, Pascu will provide operating and commercial expertise in the management of the company’s core FMC champions and venture activities. With a crossfunctional team, she will […]
Virgin Media O2 together with its shareholders, Liberty Global and Telefónica, have initiated plans to create a national fixed network company (NetCo) that that they say will “underpin full fibre take up and roll out; provide new financing optionality and a platform for potential altnet consolidation opportunities; and establish the biggest dedicated fixed network challenger […]
All3Media is reportedly exploring sale options that include cashing out on their joint venture in a deal that could be worth more than £1 billion (€0.93 billion). Liberty Global and Warner Bros Discovery (WBD) are considering selling their stakes in the UK-based TV producer, which is home to over 50 production companies, to a third […]
Technetix, the broadband technology provider, has announced the appointment of Hernan Benavides as Chief Technology Officer, South America.Benavides is an accomplished professional with over 28 years experience in the cable TV industry. He has been a member of the SCTE since 1995.“Hernan has played a pivotal role in the technological advancement of the cable TV […]
Liberty Global earnings were negative in Q1, posting a loss of $713.5 million (€650.3m) from continuing operations. Adjusted EBITDA was down by 6 per cent to $624.5 million. The company says it suffered from was a combination of subscriber losses and rising energy and labour costs in the quarter. Meanwhile, Liberty revealed it plans to […]