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Old 03-10-2024, 18:42   #518
Horizon
Media Watcher
 
Join Date: Feb 2006
Location: Essex
Services: Sky, Cable & Freeview
Posts: 2,409
Horizon has reached the bronze age
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Re: VM General News Thread

https://variety.com/2024/biz/news/jo...ks-1236154920/

The old codger John Malone is still knocking around and still doing deals, merging Charter with Liberty Broadband. Unlike what I said in the first post of this thread, the deals have come at a slower pace than expected, but he's still at it.

The first post in the thread has a helpful, yet out of date infographic of all Malone's interests and I had expected him to merge all of them by now, but there's still time.

As the article says, Malone also has a large shareholding in Warner Discovery. He used to control Discovery and Discovery's ex boss who is the current Warner boss, is Malone's man, so more consolidation may still happen after this latest deal. Malone sits on the Warner Board and has now been joined by his nephew, so there's little doubt that Malone wields considerable influence, if not control, on Warner Discovery.

Malone is also close to Comcast boss Brian Roberts, so we may still end up with a mega cableco/media company at some point, which may or may not include VM, but ultimately I still believe that Big Tech will gobble up the lot in the not too distant future.

BTW: Talking of Comcast and Warner, they're at war over Harry Potter. Sky is suing Warner over it:

https://variety.com/2024/tv/news/sky...it-1236158357/

Sky's deal with Warner for Sky Atantic content expires at the end of 2025 and that will not include the new Harry Potter series. Also, Comcast is very keen to retain HP for its theme parks, including the new one for the UK. Planning permission for that is going to the government soon, so either these companies settle their differences in court, or in bed.
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Last edited by Horizon; 03-10-2024 at 18:50.
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