Seeking Alpha

Did Malone set a fire under media stocks?

  • Media stocks outperform the broad market with comments from Liberty Media's (LMCA +2.5%) John Malone on the monetization possibilities in the industry not hurting the festive mood one little bit.
  • If Malone is to be believed, new forms of content distribution will lead to riches across the sector.
  • Advancers: Time Warner Cable (TWC) +5.6%, Charter Communications (CHTR) +3.9%, CenturyLink (CTL) +3.3%, CBS (CBS) +3.9%, Netflix (NFLX) +5.5%.
  • Liberty Media Analyst Day webcast
  • Related ETFS: PBS
Comments (5)
  • Just as long as SIRI goes gangbusters---to the moon
    10 Oct 2013, 03:32 PM Reply Like
  • The Washington Effect (short panic) seems to be helping.
    10 Oct 2013, 03:36 PM Reply Like
  • Look at this for more detail:

     

    http://on-msn.com/GIlWtS

     

    Since I am a very minor Netflix stockholder and a very major Netflix fan, I found Malone's words to be strange. Here is someone who is now posing as a friend to the consumer--but, remember, he has been part of the price-gouging media establishment that has given America its $100-plus per month cable and satellite bills!

     

    Cut that cord folks!
    10 Oct 2013, 04:18 PM Reply Like
  • Remember that a lot of the blame goes to the content producers who have been raising their fees for the past several years.
    11 Oct 2013, 10:50 AM Reply Like
  • That response reminds me of the image of several bullies on a schoolyard who, having a taken a child's lunchbox, are passing it back and forth between themselves while taunting the child. Each time after handing it off to another, a bully would say, "Lunchbox? I ain't got your lunchbox kid."
    11 Oct 2013, 05:46 PM Reply Like
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