Douglas County-based Liberty Media Corp. is focused on subscription-based companies like satellite-radio provider Sirius XM Holdings Inc. and cable operator Charter Communications Inc., and the ongoing speculation about what’s next for Yahoo Inc. isn’t “front and center,” says CEO Greg Maffei.
“We are focused on subscription businesses,” Maffei said Wednesday in an interview on Bloomberg TV. “Those are businesses Liberty understands better.”
of shares in Alibaba Group Holding Ltd. amid mounting pressure from investors concerned about the tax risks of the deal. Instead, the Web portal will consider a plan to package all of its other assets into a new publicly traded company.
Among potential suitors, said he would consider a deal with Yahoo Inc. if the tech company’s board decides to sell it.
Liberty Media, which is controlled by cable magnate John Malone, holds interests in companies ranging from Time Warner Inc. to concert-promoter Live Nation Entertainment Inc.
