ap

Skip to content

Breaking News

Author
PUBLISHED:
Getting your player ready...

Liberty Media Corp.’s entertainment stock jumped 24 percent after cable billionaire John Malone’s company reaffirmed a plan to spin off the division.

Liberty Entertainment rose $3.14 to $16.10 in Nasdaq trading. Douglas County-based Liberty Media said Dec. 12 it would distribute assets, including a 52 percent stake in DirecTV Group Inc., the largest U.S. satellite-TV company, and its regional sports networks.

RevContent Feed

More in Business