Liberty Global has offloaded its remaining stake in Vodafone, according to a filing with the London Stock Exchange made on August 1st. Liberty held 5.018 per cent – consisting of 0.357 per cent in voting rights attached to shares and 4.661 per cent through financial instruments – in the British telco through Liberty Global Europe […]
A previous plan to spin off joint venture Virgin Media O2’s fixed network in Britain has been scrapped, Telefonica’s Chief Executive Marc Murtra has confirmed speaking to Reuters. “The project is stopped,” Murtra said, clarifying that the “plan is not on pause”. Virgin Media O2, which is jointly owned by Liberty Global and Telefónica, had […]
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 […]