Liberty Media, controlled by billionaire John Malone, has reported its Q3 earnings. The company has split off its holdings in Sirius XM into a new tracking stock, Sirius XM Holdings, which simplifies ownership into a new consolidated public company. Shareholders of Liberty Sirius XM now own approximately 81 per cent of new Sirius, with former […]
US pay-radio operator SiriusXM has released its Q3 results, reporting revenue of $2.17 billion (€2bn), a 4 per cent decline on the same period a year ago. However, the company has gone through a major restructuring associated with the acquisition of the SiriusXM by Liberty Media. This translated into a net loss of $2.96 billion. […]
Unified Streaming, a streaming software company, has hired Valentijn Siebrands, an industry veteran, as its new streaming solutions manager. The company also hired Arne Dibbits as its new head of customer success. Recruiting Siebrands and Dibbits to the Unified Streaming team signals that the company is not only prioritising bolstering ties with its current customers, […]
Seven European cellular operators have issued negative comments on SpaceX’s plans to use its Starlink broadband satellites to provide ‘Direct-to-Cellular’ (D2C) services to consumers. Seven companies – including Vodafone, Liberty Global, Orange, PPF Telecom, Telefonica, Telenor and United Group – have told the FCC they’ll sue if the Commission loosens its rules for SpaceX’s cellular […]
Warner Bros. Discovery (WBD) has announced that Daniel E Sanchez will join the Company’s Board of Directors effective October 1st, and stand for election by the Company’s stockholders at the 2025 Annual Meeting of Stockholders. At its recent meeting, the Board adopted a resolution to increase the size of the Board to twelve directors, and […]
Liberty Global has announced its Q2 2024 financial results. CEO Mike Fries stated, “Q2 has been another active quarter as we’ve continued to drive our strategic priorities; maximising the value of our FMCs, leveraging our Ventures portfolio, and taking steps to deliver that value directly to shareholders over time. ” “Our plan to spin-off Sunrise […]
Adeia, the company whose patented innovations shape the way consumers explore and experience entertainment, has announced that Liberty Global has agreed to a long-term renewal agreement for Adeia’s media intellectual property (IP) portfolio. Liberty Global has played a critical role in bringing advanced digital communications and entertainment services to its customers. According to Statista, the […]
Liberty Global is to acquire shares held by Warner Bros Discovery (WBD) in the electric car racing series Formula E. The acquisition of shares held by WBD will, on completion, bring Liberty Global’s total share of ownership in Formula E to 65 per cent and mean that Liberty Global will take a controlling interest in […]
Vodafone Group and Liberty Global have announced that Stephen van Rooyen has been appointed CEO of Dutch telco VodafoneZiggo, effective from September 2024. Van Rooyen was previously the CEO of Sky UK & Ireland and Chief Commercial Officer for the Sky Group. He brings a wealth of telecoms and media experience to VodafoneZiggo after more […]
Liberty Global has reported tht Q1 revenue increased 4.1 per cent YoY on a reported basis and 1.9 per cent on a rebased basis to $1.94 billion (€1.81bn). Q1 net earnings (loss) increased 173.9 per cent YoY on a reported basis to $527 million. CEO Mike Fries stated: “On our extended fourth quarter results call […]