Liberty Global not sitting out media merger wave

Liberty Global (LBTYA +0.6%) Chairman John Malone acknowledges during a WSJ interview that more large media mergers are likely as he points to the "eat or be eaten" environment in the sector.

Malone echoes the theme that scale will help leverage contest acquisition costs and give media concerns a better vantage point to battle tech heavyweights such as Apple, Google, and Netflix.

Expect Liberty Global to be active in Europe consolidating strategic media operations.

Related ETF: PBS

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Comments (1)
  • vikramnjnjjdjnd
    , contributor
    Comments (1444) | Send Message
    Smart move!
    31 Jul 2014, 07:59 PM Reply Like
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