TelevisionWeek is teaming up with TV industry veteran Marianne Paskowski. The blog will give Marianne a forum to convey her deep knowledge of the industry and pass along some of the juicy morsels she's hearing on the grapevine. Marianne has covered the TV industry from the inside out and top to bottom, and TVWeek's readers are bound to benefit from her sharp eyes, ears and wit. TVWeek.com invites readers to jump online, chime in and pick Marianne's brain on the latest industry news.


Marianne Paskowski

Liberty Media’s Malone Speaks on CNBC

July 1, 2008 12:04 PM

John Malone, Liberty Media’s 67-year-old CEO, made a rare appearance on CNBC to discuss the future of his hydra-headed empire.

Any reporter who covers this company is always baffled by the more than half a dozen tracking stocks that comprise this empire. Apparently investors are confused, too, as the stock continues to languish.

Malone said a “simple company is best,” and that the transition is already under way, but not complete, to create a new, less confusing model, providing the tax ramifications are positive.

And there’s the rub: Malone hates to pay taxes, hence the baffling structure of Liberty today.

Anyone have any ideas for Malone here?

If he has them, he kept them close to the vest today.


TrackBack URL for this entry:

Post a comment