TechThe Information1h ago
Veteran Media Mogul John Malone Gives Up Controlling Stake in Liberty
Veteran media mogul John Malone is giving up his controlling stake in Liberty Media, by exchanging his supervoting shares for regular shares and shrinking his voting stake to 3% from 48%, Liberty said Thursday. Malone, who is 85 years old, was a major force in the media industry…
Read full articleSource: The Information · Opens in new tab