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“Look, people are not held accountable for inaccuracies, so there’s that issue,” former Disney kingpin Bob Iger says of the news media business today.

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Charter CEO Tom Rutledge’s 2021 Pay Up 8% To $41.9 Million

Tom Rutledge, chairman and CEO of Charter Communications, saw his 2021 compensation rise to $41.9 million from $38.8 million in 2020.

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Discovery And AT&T Determine Board Of Directors For Merging Media Company

Discovery and AT&T have determined the 13 members of the board of directors for Warner Bros Discovery, the new company that will be created via a pending $43 billion merger.

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AT&T Names Samuel Di Piazza Chairman of Warner Bros. Discovery

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Discovery Shareholders Approve WarnerMedia Merger

Discovery just announced that its stockholders have approved its merger with AT&T’s WarnerMedia to create Warner Bros. Discovery, “a premier, global entertainment company” — marking the completion of one of the few remaining closing conditions for the merger.

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AT&T’s Short, Bumpy Ride in Hollywood: Timeline of WarnerMedia’s Road to Discovery Spinoff Deal

Jennifer Maas TV Business WriterWarnerMedia has been owned by telco giant AT&T for less than four years and it will soon have a new parent company — likely by the end of next month.Discovery’s shareholder vote on the acquisition of WarnerMedia is set for today during a special meeting of stockholders set for 10 a.m. ET. The deal is expected to get an easy thumbs-up given the approval already bestowed by Discovery’s oldest and most influential holders, investor John Malone and Advance/Newhouse Co.

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Discovery CEO David Zaslav Touts CNN’s Ukraine War Footing, Doesn’t Address Post-Jeff Zucker Direction Of Network

Discovery CEO David Zaslav dropped his usual quota of names during the company’s quarterly earnings call — John Malone, Jack Welch, Oprah — but one name didn’t come up: Jeff Zucker.

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Discovery Sets March 11 For Shareholder Vote On WarnerMedia Merger

Discovery has set March 11 as the date of a special shareholder meeting to hold a vote on the company’s proposed merger with AT&T’s WarnerMedia.

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WarnerMedia-Discovery Merger Gets Green Light From U.S. Regulators

The merger of AT&T’s WarnerMedia and Discovery has cleared U.S. regulators, the companies announced Wed., in the last major hurdle for the $43-billion deal.

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AT&T’s John Stankey And Discovery’s David Zaslav Avoid Talking Details Of Jeff Zucker’s Exit: “Unfortunate Set Of Circumstances”

AT&T CEO John Stankey and Discovery CEO David Zaslav generally sidestepped questions about the exit of CNN boss Jeff Zucker amid dismay among the cable network’s on air talent and staffers over how the situation was handled.

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Billionaire Media Maven John Malone Calls Discovery-WarnerMedia Merger: “A Big Synergy Combination” With Savings Offsetting Debt

John Malone, the billionaire media mogul who is a longtime stakeholder in Discovery, said its pending merger with WarnerMedia will incur debt but will make up for it in cost savings.

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Discovery-WarnerMedia Deal Chatter: John Malone’s Big Move, Jason Kilar’s Exit Plan

Cynthia Littleton Business EditorDiscovery’s tie-up with WarnerMedia has stirred up a firestorm of chatter about the impact of the deal that took nearly everyone in Burbank and Hudson Yards by surprise over the weekend.After a day of digesting the news and reading tea leaves, industry insiders were focused on the timing of WarnerMedia CEO Jason Kilar’s departure and the size of his severance package after one year and two weeks on the job.Another surprise that emerged from the fine print on the deal was the changes it signaled for John Malone, the Liberty Media and former TCI baron who is a longtime investor as an individual in Discovery.

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02.05.2021 / 07:51

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Liberty Global CEO Michael Fries' 2020 Pay Falls to $44.9 Million

Mike Fries, CEO of Liberty Global, John Malone's international cable giant, saw his overall pay package for 2020 shrink to $44.9 million, compared to a pay packet of $123.2 million in 2019 that was part of a front end-loaded, multi-year compensation package. The $123.2 million overall compensation package for 2019, part of a new five-year contract renewal, included a multi-year remuneration target, certain levels of stock appreciation and amounts aggregated into a single year lump amount.

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30.04.2021 / 19:16

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Charter Loses 138,000 Pay TV Subscribers, Adds Broadband Users

Cable operator Charter Communications, in which John Malone's Liberty Broadband owns a big stake, lost 138,000 pay TV subscribers in the first quarter. Just like in the fourth quarter of 2020, Charter's broadband user gains remained a key growth engine amid the coronavirus pandemic, but subscriber growth slowed over the comparable period of 2020.

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28.04.2021 / 17:45

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SiriusXM Grows Self-Pay Satellite Radio, Pandora Subscribers

Audio entertainment giant SiriusXM, the home of Howard Stern, said on Wednesday that it added self-paying subscribers in its satellite radio unit during the first quarter, but its user count dropped due to a decline in promotional customers. The company added 113,000 net self-pay subscribers in its Pandora music streaming business,ending the first quarter with 6.4 million total users, compared with nearly 6.3 million as of the end of 2020.

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15.04.2021 / 17:00

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Liberty Media CEO Greg Maffei's 2020 Pay Rises to $47.1 Million

John Malone's Liberty Media — which owns audio entertainment giant SiriusXM, the Atlanta Braves baseball team and the Formula One racing circuit — disclosed that president and CEO Gregory Maffei's 2020 compensation amounted to $47.1 million, up from $44 million in 2019 and $20.1 million in 2018. He had made $19.8 million in 2017 and $16.9 million in 2016.The pay details were disclosed in a regulatory filing with the Securities and Exchange Commission.

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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.

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Televisa-Univision Execs On Plans For “Harmonized” Global Spanish-Language OTT Service

Televisa and Univision executives said a new global OTT service to launch early next year will roll up their current streaming offerings — including Prende TV, Vix and Blim — and that its content won’t overlap with Univision’s linear networks.

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19.03.2021 / 13:24

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Charter CEO Tom Rutledge's Pay Rises to $38.8 Million in 2020

Charter Communications chairman and CEO Thomas Rutledge received compensation worth $38.8 million in 2020, a big jump from $8.74 million in 2019 and $8.15 million in 2018. An SEC filing issued on Thursday by Charter, in which John Malone's Liberty Broadband owns a big stake, indicated Rutledge's base salary for 2020 was $2.07 million, just up from $2 million in 2019.

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27.02.2021 / 01:15

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Liberty Media Posts Loss in COVID-19-Hit Fourth Quarter

Liberty Media — the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit — has reported its fourth-quarter financials amid the ongoing coronavirus pandemic. Fourth quarter revenue at SiriusXM rose slightly percent to $2.7 billion, compared to a year-earlier $2.61 billion.

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SiriusXM Swings To Q4 Loss On $976M Pandora Charge; Sales Up, Adds Satellite Radio Subs

SiriusXM swung to a $677 million net loss last quarter from a $243 million profit the year before on a one-time, noncash charge of $976 million at Pandora. The anticipated hit was based on Pandora’s royalty cost structure.

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John Malone: Last News

Range Media Partners Secures Minority Investment From Group Including Liberty Global And David Bonderman’s Wildcat Capital Management

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