The Liberty Media Corporation is an American media conglomerate and the control is exercised by company Chairman John C. Malone, with a majority of the voting shares. Liberty Media operates three divisions: Liberty Capital (NASDAQ: LCAPA, NASDAQ: LCAPB), Liberty Entertainment (NASDAQ: LMDIA, NASDAQ: LMDIB), and Liberty Interactive Group (NASDAQ: LINTA, NASDAQ: LINTB). The tracking stock of each division of Liberty Media trade on the NASDAQ stock ...
more
The Liberty Media Corporation is an American media conglomerate and the control is exercised by company Chairman John C. Malone, with a majority of the voting shares. Liberty Media operates three divisions: Liberty Capital (NASDAQ: LCAPA, NASDAQ: LCAPB), Liberty Entertainment (NASDAQ: LMDIA, NASDAQ: LMDIB), and Liberty Interactive Group (NASDAQ: LINTA, NASDAQ: LINTB). The tracking stock of each division of Liberty Media trade on the NASDAQ stock exchange.
Liberty Media Corp. began in 1991 as a spin-off of TCI, an American cable television group. Peter Barton, hired by TCI's John C. Malone, served as president until retiring in April 1997 to start an investment firm and spend time with his family.
Liberty Media took over TCI assets considered to have little value, but Barton completed "a deal every ten days for six years" and made the company a big success. Liberty was merged back into TCI in the mid-1990s.
On March 13, 1998, Liberty Media Group and TCI Group announced the merger of...
less
