NP Refugee

Perspective on John Malone's Sirius Stance

I worked for John Malone at one time in my career, so I can speak with absolute authority when I tell you that he is not only smart, he is very keen when it comes to perception about the potential of businesses. He is looking beyond the surface and has probably sized up the business wisely. I haven't spoken to him in over 10 years, but his way of thinking would be this:

If the Fairness Doctrine comes back, then talk radio goes to satellite radio. Whatever his motivation, he is betting on some event that will fundamentally alter the chess board.

I will say this about him too. I had to present my budget to he and several others every year. The others always appeared distracted--some to the point of reading the WSJ as I presented. Not John. He hung on every word I said and I felt he was scanning my brain. That is one seriously focused and engaged man.