John Malone

  1. DreamWorks Looking to Acquire a Piece of Vevo

    April 11, 2014 11:40 AM EDT DreamWorks Animation is looking to acquire a piece of music and content distributor Vevo, reports Re/code.  According to sources, earlier this week DreamWorks CEO Jeffrey Katzenberg made an undisclosed bid for the company, which is owned primarily ...

  2. Sirius XM Reports Record Quarterly Revenue

    February 04, 2014 12:41 PM EST The satellite radio firm, controlled by John Malone's Liberty Media, ended 2013 with 25.6 subscribers. Sirius XM Radio on Tuesday reported record fourth-quarter and full-year revenue and continued subscriber growth. The satellite radio compan ...

  3. Sirius XM Stock Rises Amid Accusations Liberty Is Lowballing Shareholders

    January 06, 2014 8:21 PM EST Shares of Sirius XM soared 7 percent to $3.83 on Monday as investors seemed to conclude that a buyout offer from Liberty Media is too low and headed higher. On Monday, multiple shareholders disparaged the offer of $3.68 that Liberty made public on ...

  4. Liberty Media Seeks to Make Sirius XM a Wholly Owned Subsidiary

    January 03, 2014 8:48 PM EST Liberty Media said late Friday it is proposing to make Sirius XM Radio a wholly owned subsidiary of the conglomerate controlled by billionaire John Malone. Liberty already owns a controlling stake in Sirius XM, but if shareholders approve of the p ...

  5. Liberty Media Third-Quarter Earnings Drop, Revenue From Media, Entertainment Stakes Rise

    November 05, 2013 9:29 AM EST John Malone's Liberty Media on Tuesday reported lower third-quarter earnings, but improved other key financials amid the inclusion of Sirius XM Radio financials and the exclusion of premium TV firm Starz, which it spun off earlier in the ye ...

  6. Eddie 'Piolin' Sotelo, MLB Deals Boost Sirius XM Outlook

    August 20, 2013 2:07 PM EDT Lazard Capital Markets analyst Barton Crockett in a bullish report has lauded satellite radio giant Sirius XM Radio for a couple of recent "serious content upgrades." He cited a just-announced Major League Baseball deal extension and a ...

  7. SiriusXM Radio Surpasses 25 Million Subscribers, Raises Full-Year Target

    July 09, 2013 7:55 AM EDT SiriusXM Radio said Tuesday that it added 715,000 net new subscribers in the second quarter, bringing its total subscriber base to more than 25 million as of mid-year. The satellite radio firm controlled by John Malone's Liberty Media, said ...

  8. Liberty Media's First-Quarter Results Rise Dramatically Following Sirius XM Inclusion

    May 08, 2013 11:31 AM EDT John Malone's Liberty Media on Wednesday posted higher first-quarter results after the inclusion of Sirius XM Radio in its financials and the separation of Starz, which was spun off into a separate company. Liberty reported quarterly earnin ...

  9. Morning Fix: Beyonce's Sales Soar; Lipmans Re-Up; Indies & Higher Postal Rates; SiriusXM Earnings

    February 05, 2013 12:09 AM EST INCREASED POSTAGE RATES FORCE INDIE LABELS TO CHANGE TACTICS A new round of shipping rate increases from the United States Postal Service— which now charges on a sliding, weight-based scale— is putting palpable pressure on indie labels that rely o ...

  10. Irving Azoff's Exit: The Invisible Hand of John Malone

    December 31, 2012 9:57 PM EST The exit of veteran music manager Irving Azoff as executive chairman at Live Nation comes two months after another media veteran, Mel Karmazin, stepped down as chairman and CEO of SiriusXM Satellite Radio. The person they have in common? Veteran m ...

  11. Deals to Watch in 2013: AEG, Live Nation, EMI Divestments, More

    December 14, 2012 7:00 AM EST As the year comes to a close, some big deals are still up in the air; and others appear to be waiting in the wings. • The auction for AEG, Anschutz Entertainment Group, which owns more than 100 arenas including Los Angeles' Staples Center and ...

  12. Morning Fix: Billboard Touring Conference Kicks Off; Facebook Woos Music Apps; Carnegie Hall Reopens

    November 07, 2012 8:13 AM EST Head H ERE to subscribe to Billboard's Morning Fix and other free music-business newsletters FACEBOOK TO MUSIC APP DEVELOPERS: YOU NEED US: Facebook trumpeted its track record as a platform for music applications not named Spotify in a post e ...

  13. Mel Karmazin to Step Down From SiriusXM

    October 23, 2012 4:41 PM EDT SiriusXM Radio today announced that Mel Karmazin told its board of directors that he will be leaving the company on February 1, 2013, according to multiple media outlets . He will also leave the company's board on that date. Karmazin's d ...

  14. John Malone is Quite The Risk Taker

    October 15, 2012 8:27 AM EDT The billionaire might be making more music investments like AEG. John Malone, the billionaire investor most responsible for cable TV's presence in more than 100 million U.S. homes today, is doubling down on his two music-led investments and ...

  15. Morning Fix: Tupac Hologram Company Goes Broke, More Coachellas? J.Lo's Cable Channel, iPhone 5!

    September 12, 2012 7:30 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters: Breaking News, Touring, Top 40, Country and many more. AEG ATTORNEY FIRES BACK OVER MICHAEL JACKSON EMAILS: 'NOBODY IS TELLING THE STORY PROPERLY': A series of c ...

  16. Liberty Media Raises Stake In SiriusXM Again To 48.8 Percent

    August 29, 2012 12:50 PM EDT John Malone's Liberty Media continues to slowly raise its stake in Sirius XM Radio. The satellite radio firm, led by CEO Mel Karmazin, reported in a regulatory filing late Tuesday that Liberty has bought additional stock to take its ownership ...

  17. Liberty Media Applies for Control of Sirius XM Radio

    August 17, 2012 9:19 PM EDT Billionaire media-mogul John Malone and his Liberty Media moved a step closer on Friday to taking control Sirius XM Radio. In a filing with the FCC, Liberty asked permission to take "de jure" control over Sirius XM, having already failed ...

  18. Morning Fix: Liberty Vs. SiriusXM, DJs Stump for Obama, Deezer Comes To Asia

    August 15, 2012 8:25 AM EDT MTV Unveils Artist.MTV Pages, Tries to Catch MySpace Napping If a re-launched MySpace isn't going to be the online destination for musicians it once promised to be, maybe MTV is up for the job. MTV today unveiled its long-awaited Artists.MTV ...

  19. Business Matters: Rumors Heat Up That Liberty Media Will Buy Out Live Nation

    June 28, 2012 4:10 PM EDT Rumors Heat Up That Liberty Media Will Buy Out Live Nation -- Another summer, another round of speculation that Liberty Media may buy out the remaining shares of Live Nation it does not already own. Liberty Media upped its stake in Live Nation to ...

  20. Universal Music Parent Vivendi Ordered to Pay $956 Million in Liberty Media Suit

    June 26, 2012 10:50 AM EDT LONDON - Vivendi, the parent company of Universal Music Group, saw its shares slip in European trading Tuesday after the entertainment and telecom conglomerate lost a stage in a court case to John Malone's Liberty Media. Analysts said most in ...

  21. Liberty Media Unveils New Plan to Take Control of Sirius XM Radio

    June 01, 2012 6:31 AM EDT John Malone's Liberty Media on Thursday filed details about its new plan to take control of satellite radio firm Sirius XM Radio over time by taking over its board. FCC Rejects Liberty Media's Request to Control Sirius XM Radio The plan ...

  22. Liberty to Boost Stake in Sirius XM

    May 09, 2012 7:44 AM EDT LOS ANGELES (AP) -- Billionaire John Malone's Liberty Media Corp. said Tuesday that it will spend $650 million to increase its effective control of satellite radio company Sirius XM Radio Inc. to 45.2 percent. FCC Rejects Liberty Media's ...

  23. FCC Rejects Liberty Media's Request to Control Sirius XM Radio

    May 04, 2012 8:50 PM EDT The FCC has dismissed a request made March 20 by Liberty Media to temporarily control Sirius XM Radio. Liberty, controlled by John Malone, had sought jurisdiction over the satellite radio company despite owning only enough convertible stock to tra ...

  24. Live Nation Would Benefit From Going Private: John Malone

    July 07, 2011 8:28 AM EDT SUN VALLEY, Idaho - Live Nation Entertainment , the world's largest concert and promotions business, would benefit from being taken private, according to the company's largest shareholder. Cable entertainment mogul John Malone said Live ...

  25. Liberty Media Offers $1 Billion for Barnes & Noble

    May 20, 2011 7:54 AM EDT NEW YORK (Reuters) - John Malone's Liberty Media Corp has proposed to buy Barnes & Noble Inc for $1.02 billion, nine months after the largest U.S. bookstore chain put itself up for sale. Liberty Media is offering $17 per share, a 20.5 per ...

  26. Exclusive: Irving Azoff Talks Live Nation's Purchase Of Front Line Shares, Board Reorganization

    February 07, 2011 6:12 PM EST Live Nation Entertainment chairman Irving Azoff says today's announcement of the company's purchase of the remaining shares of Front Line Management from Azoff and Madison Square Garden "made incredible financial sense," in an ...

  27. Live Nation Acquires Remaining Equity in Front Line, Azoff Named Chairman

    February 07, 2011 8:43 AM EST Live Nation Entertainment acquired substantially all of the remaining equity stake in Front Line Management Group, Inc. that it did not previously own for total consideration of $116.2 million in cash and stock, the company announced today. Additi ...

  28. Barry Diller Resigns From Live Nation Board

    January 28, 2011 2:13 PM EST Barry Diller resigned from the Live Nation board of directors, effective Jan. 24, the company disclosed in an SEC filing on Friday. He had taken over as chairman of Live Nation last year after the company merged with Ticketmaster. It has been repo ...

  29. Liberty Media Raises Stake In Live Nation

    November 17, 2010 12:00 AM EST Liberty Media increased its stake in Live Nation to just over 18%, according to details in a Wednesday SEC filing. The company's chairman of the board and director, John Malone, took over as interim chairman of the board of Live Nation in mid ...

  30. Liberty Media Chairman: Barry Diller 'Got Tired' of Board Conflict

    October 01, 2010 12:00 AM EDT Barry Diller's decision to step down as chairman of Live Nation can be blamed on his getting sucked into discussions about competing interests of different parts of the business, John Malone, chairman of Live Nation investor Liberty Media sai ...

  31. Sirius XM Agrees To Liberty Media Deal

    February 17, 2009 12:00 AM EST Satellite Radio firm Sirius XM has avoided a bankruptcy filing, confirming Tuesday morning a deal with John Malone's Liberty Media that will provide it with cash infusions in return for a minority stake in the company. With the agreement, Mal ...

  32. Liberty Media Completes Spin-off Of Discovery

    July 26, 2005 12:00 AM EDT Liberty Media Corp., the conglomerate headed by cable pioneer John Malone, said July 21 it had completed the spin-off of Discovery Holdings, which includes Liberty's 50% stake in Discovery Communicati NEW YORK (Reuters) -- Liberty Media Corp. ...