Tgl presented by SoFi, the made-for-primetime TV golf competition founded by PGA Tour legends Tiger Woods and Rory McIlroy and former NBC Sports executive Mike McCarley, officially has a U.S. TV home.
ESPN has secured the media rights for Tgl, and will debut the league Tuesday, Jan. 9, 2024, the day after the College Football Playoff National Championship. The second match will run Tuesday Jan. 16, the night after ESPN’s Monday Night Football NFL Wild Card game, giving both matches a football-driven promotional boost.
There will be 15 regular season matches, plus semifinals and finals matches.
All the matches will run on ESPN or ESPN2, and will also be simulcast on ESPN+. ABC will also air a Tgl preview show Saturday, Dec. 30. Tmrw Sports and ESPN say that it is a “multi-year partnership.”
“We think Tgl is a well-aligned partner…from the time I was first connected with Mike I was impressed by their vision,...
ESPN has secured the media rights for Tgl, and will debut the league Tuesday, Jan. 9, 2024, the day after the College Football Playoff National Championship. The second match will run Tuesday Jan. 16, the night after ESPN’s Monday Night Football NFL Wild Card game, giving both matches a football-driven promotional boost.
There will be 15 regular season matches, plus semifinals and finals matches.
All the matches will run on ESPN or ESPN2, and will also be simulcast on ESPN+. ABC will also air a Tgl preview show Saturday, Dec. 30. Tmrw Sports and ESPN say that it is a “multi-year partnership.”
“We think Tgl is a well-aligned partner…from the time I was first connected with Mike I was impressed by their vision,...
- 10/5/2023
- by Alex Weprin
- The Hollywood Reporter - Movie News
Liberty Media Corp. has asked the Sirius Xm board of directors to Ok a plan to split off the business that holds SiriusXM and combine it with the rest of Sirius Xm holdings, to create a new company.
Billionaire John Malone holds 83% of SiriusXM, the satellite radio company that also owns the Pandora music streaming platform. His shares are held in a tracking stock called the Liberty SiriusXM Group, which trades under the ticker symbol Lsxma.
The rest of the company best known for hosting shock jock Howard Stern is traded through Sirius Xm Holdings, ticker symbol Siri.
Shares of Malone’s Liberty SiriusXM Group jumped Tuesday morning, adding $1.39, or 6.1%, to $24.03. The lightly traded shares exceeded their typical volume for the day within the first hour of trading.
SiriusXM Holdings shares, meanwhile, dipped 12 cents, or 2.9%, to $3.89. with volume also heavy.
SiriusXM Holdings said in a statement that a special committee...
Billionaire John Malone holds 83% of SiriusXM, the satellite radio company that also owns the Pandora music streaming platform. His shares are held in a tracking stock called the Liberty SiriusXM Group, which trades under the ticker symbol Lsxma.
The rest of the company best known for hosting shock jock Howard Stern is traded through Sirius Xm Holdings, ticker symbol Siri.
Shares of Malone’s Liberty SiriusXM Group jumped Tuesday morning, adding $1.39, or 6.1%, to $24.03. The lightly traded shares exceeded their typical volume for the day within the first hour of trading.
SiriusXM Holdings shares, meanwhile, dipped 12 cents, or 2.9%, to $3.89. with volume also heavy.
SiriusXM Holdings said in a statement that a special committee...
- 9/26/2023
- by Eileen AJ Connelly
- The Wrap
Liberty Media said Tuesday that it has communicated a proposal to a special committee of the board of Sirius Xm Holdings, outlining the terms of a proposed combination of the Liberty SiriusXM tracking stock group, with the satellite radio giant, led by CEO Jennifer Witz, to form a “new, consolidated public company.”
Liberty, led by president and CEO Greg Maffei and chairman John Malone, says on its website that it owned an 83 percent stake in Sirius Xm as of July 31. Wall Street has in the past repeatedly suggested a proposal to take full control of the satellite radio company, which operates the SiriusXM and Pandora brands, could be in the works.
Liberty’s business stakes and interests are attributed to three tracking stocks, designed to track the performance of different businesses: Liberty SiriusXM Group, Formula One Group, and Liberty Live Group. The Liberty SiriusXM Group tracking stock is listed under the ticker symbol Lsxm,...
Liberty, led by president and CEO Greg Maffei and chairman John Malone, says on its website that it owned an 83 percent stake in Sirius Xm as of July 31. Wall Street has in the past repeatedly suggested a proposal to take full control of the satellite radio company, which operates the SiriusXM and Pandora brands, could be in the works.
Liberty’s business stakes and interests are attributed to three tracking stocks, designed to track the performance of different businesses: Liberty SiriusXM Group, Formula One Group, and Liberty Live Group. The Liberty SiriusXM Group tracking stock is listed under the ticker symbol Lsxm,...
- 9/26/2023
- by Georg Szalai
- The Hollywood Reporter - Movie News
Formula 1 is no stranger to live events, producing dozens of races around the world every year.
But this year, tied to its Miami Grand Prix, the Liberty Media-owned racing competition is trying out a new idea: A live sports, entertainment and business summit.
Called F1 Accelerate, the summit is a collaboration with Custom Events from WSJ, the commercial unit of Dow Jones and The Wall Street Journal, and will be held at the Rubell Museum in Miami, Florida on May 4, the day before the Miami Gp begins.
The world of entertainment will be well-represented at the invitation-only summit, with Top Gun: Maverick filmmakers Jerry Bruckheimer and Joseph Kosinski set to discuss their upcoming F1 movie starring Brad Pitt, which will begin production this summer and be distributed by Apple.
In addition, Hello Sunshine CEO Sarah Harden and Managing Director of F1 Academy Susie Wolff will discuss the...
But this year, tied to its Miami Grand Prix, the Liberty Media-owned racing competition is trying out a new idea: A live sports, entertainment and business summit.
Called F1 Accelerate, the summit is a collaboration with Custom Events from WSJ, the commercial unit of Dow Jones and The Wall Street Journal, and will be held at the Rubell Museum in Miami, Florida on May 4, the day before the Miami Gp begins.
The world of entertainment will be well-represented at the invitation-only summit, with Top Gun: Maverick filmmakers Jerry Bruckheimer and Joseph Kosinski set to discuss their upcoming F1 movie starring Brad Pitt, which will begin production this summer and be distributed by Apple.
In addition, Hello Sunshine CEO Sarah Harden and Managing Director of F1 Academy Susie Wolff will discuss the...
- 4/24/2023
- by Alex Weprin
- The Hollywood Reporter - Movie News
After Amazon Prime signed deals for soccer rights in the U.K. and Germany and is now eyeing more Thursday night NFL games, Liberty Media CEO Greg Maffei sees the streaming giant spearheading an accelerated push by Big Tech platforms for more international sports rights.
“Look, Amazon is certainly looking pretty actively at the NFL,” Maffei told the Deutsche Bank Media, Internet and Telecom Conference during a virtual session that was webcast on Monday. The e-commerce giant began to stream select NFL Thursday Night Football games on Amazon Prime in 2017.
And recent speculation points to Amazon wanting to ...
“Look, Amazon is certainly looking pretty actively at the NFL,” Maffei told the Deutsche Bank Media, Internet and Telecom Conference during a virtual session that was webcast on Monday. The e-commerce giant began to stream select NFL Thursday Night Football games on Amazon Prime in 2017.
And recent speculation points to Amazon wanting to ...
After Amazon Prime signed deals for soccer rights in the U.K. and Germany and is now eyeing more Thursday night NFL games, Liberty Media CEO Greg Maffei sees the streaming giant spearheading an accelerated push by Big Tech platforms for more international sports rights.
“Look, Amazon is certainly looking pretty actively at the NFL,” Maffei told the Deutsche Bank Media, Internet and Telecom Conference during a virtual session that was webcast on Monday. The e-commerce giant began to stream select NFL Thursday Night Football games on Amazon Prime in 2017.
And recent speculation points to Amazon wanting to ...
“Look, Amazon is certainly looking pretty actively at the NFL,” Maffei told the Deutsche Bank Media, Internet and Telecom Conference during a virtual session that was webcast on Monday. The e-commerce giant began to stream select NFL Thursday Night Football games on Amazon Prime in 2017.
And recent speculation points to Amazon wanting to ...
Liberty Media CEO and SiriusXM chairman Greg Maffei said Thursday that the satellite broadcaster’s star host Howard Stern, whose contract ends this year, is likely to re-up and apologized that a recently announced top management reshuffle was handled too abruptly.
“I think we were surprised by the market reaction and maybe in hindsight we should have been smarter,” Maffei said on a conference call today. Liberty is the controlling shareholder of SiriusXM, which announced unexpectedly in mid-September that its highly regarded CEO Jim Meyer and longtime CFO David Frear were stepping down. Meyer was replaced by Jennifer Witz, head of Sales, Marketing and Operations, and Frear by former AMC Networks CFO Sean Sullivan.
It was a lot, Maffei said, to announce “the changing out the CEO and CFO at same time [with] the overhang of, ‘Is Howard going to sign.’ ”
The drama over Stern has been dragging on for months.
“I think we were surprised by the market reaction and maybe in hindsight we should have been smarter,” Maffei said on a conference call today. Liberty is the controlling shareholder of SiriusXM, which announced unexpectedly in mid-September that its highly regarded CEO Jim Meyer and longtime CFO David Frear were stepping down. Meyer was replaced by Jennifer Witz, head of Sales, Marketing and Operations, and Frear by former AMC Networks CFO Sean Sullivan.
It was a lot, Maffei said, to announce “the changing out the CEO and CFO at same time [with] the overhang of, ‘Is Howard going to sign.’ ”
The drama over Stern has been dragging on for months.
- 11/5/2020
- by Jill Goldsmith
- Deadline Film + TV
John Malone’s Liberty Media said Friday that Chase Carey will drop his CEO and chairman titles at racing circuit Formula One to focus on the role of non-executive chairman.
Lamborghini’s Stefano Domenicali will take over as the new president and CEO of Formula One in January.
“Chase has done a phenomenal job leading F1,” said Liberty president and CEO Greg Maffei. “He assembled a first-class commercial and sporting organization that has a long list of achievements, including broadening the appeal of the sport, growing its digital presence, establishing new technical regulations, securing a cost cap for the ...
Lamborghini’s Stefano Domenicali will take over as the new president and CEO of Formula One in January.
“Chase has done a phenomenal job leading F1,” said Liberty president and CEO Greg Maffei. “He assembled a first-class commercial and sporting organization that has a long list of achievements, including broadening the appeal of the sport, growing its digital presence, establishing new technical regulations, securing a cost cap for the ...
- 9/25/2020
- The Hollywood Reporter - Movie News
John Malone’s Liberty Media said Friday that Chase Carey will drop his CEO and chairman titles at racing circuit Formula One to focus on the role of non-executive chairman.
Lamborghini’s Stefano Domenicali will take over as the new president and CEO of Formula One in January.
“Chase has done a phenomenal job leading F1,” said Liberty president and CEO Greg Maffei. “He assembled a first-class commercial and sporting organization that has a long list of achievements, including broadening the appeal of the sport, growing its digital presence, establishing new technical regulations, securing a cost cap for the ...
Lamborghini’s Stefano Domenicali will take over as the new president and CEO of Formula One in January.
“Chase has done a phenomenal job leading F1,” said Liberty president and CEO Greg Maffei. “He assembled a first-class commercial and sporting organization that has a long list of achievements, including broadening the appeal of the sport, growing its digital presence, establishing new technical regulations, securing a cost cap for the ...
- 9/25/2020
- The Hollywood Reporter - Film + TV
Liberty Media CEO Greg Maffei on Thursday warned that Hollywood's escalating and costly streaming wars will eventually undermine the pay TV industry.
"Ott will drain linear TV first, but Ott players will drain each other in a circular fire squad, in our judgment," Maffei told his company's investor day gathering of analysts. The investor presentations included Liberty Media chairman John Malone touting the increasing profitability of TV sports content.
"Sport rights still have an enormous amount of market power, like all live entertainment. It's unique, exclusive, timely and can still attract large audiences,"...
"Ott will drain linear TV first, but Ott players will drain each other in a circular fire squad, in our judgment," Maffei told his company's investor day gathering of analysts. The investor presentations included Liberty Media chairman John Malone touting the increasing profitability of TV sports content.
"Sport rights still have an enormous amount of market power, like all live entertainment. It's unique, exclusive, timely and can still attract large audiences,"...
- 11/21/2019
- The Hollywood Reporter - Film + TV
Liberty Media said on Monday that the company’s Chief Financial Officer Mark Carleton will step down to retire.
“Mark’s relationship with Liberty and Tci goes back to 1987 and his efforts as chief financial officer and leading the corporate development team have provided great value to the company. I’m pleased that he will continue as a senior advisor,” Liberty CEO Greg Maffei said in a statement.
While Carleton plans to stay on as a senior advisor, his exit sparked a succession of management moves throughout the company, which owns interests in a broad range of media, communications and entertainment businesses.
Also Read: Showtime Hires Michael Engleman as Chief Marketing Officer
Brian Wendling, who has been at Liberty since 1999 and served as Controller since 2011, has been appointed to the additional role of principal financial officer. Wendling also serves as CFO for Liberty TripAdvisor.
Liberty General Counsel and Chief Legal...
“Mark’s relationship with Liberty and Tci goes back to 1987 and his efforts as chief financial officer and leading the corporate development team have provided great value to the company. I’m pleased that he will continue as a senior advisor,” Liberty CEO Greg Maffei said in a statement.
While Carleton plans to stay on as a senior advisor, his exit sparked a succession of management moves throughout the company, which owns interests in a broad range of media, communications and entertainment businesses.
Also Read: Showtime Hires Michael Engleman as Chief Marketing Officer
Brian Wendling, who has been at Liberty since 1999 and served as Controller since 2011, has been appointed to the additional role of principal financial officer. Wendling also serves as CFO for Liberty TripAdvisor.
Liberty General Counsel and Chief Legal...
- 7/8/2019
- by Trey Williams
- The Wrap
John Malone's Liberty Media, which controls audio entertainment giant SiriusXM Satellite Radio, the Atlanta Braves baseball team and the Formula One racing circuit, said Monday that Mark Carleton has retired as CFO, while remaining with the company as a senior advisor.
Carleton, who has held the CFO post since 2016, will now advise the company controlled by billionaire investor Malone. Brian Wendling, who has been at Liberty since 1999 and has been serving as controller since 2011, has taken on the added title of Liberty's principal financial officer, while also serving as CFO of Liberty TripAdvisor.
Greg Maffei,...
Carleton, who has held the CFO post since 2016, will now advise the company controlled by billionaire investor Malone. Brian Wendling, who has been at Liberty since 1999 and has been serving as controller since 2011, has taken on the added title of Liberty's principal financial officer, while also serving as CFO of Liberty TripAdvisor.
Greg Maffei,...
“I think there’s zero chance Apple buys this.”
Liberty Media chief executive Greg Maffei knows a thing or two about negotiating in public. According to the New York Post, Denver-based Liberty Media Corp. is seeking to acquire a 35 percent stake in iHeartMedia, owner of radio giant iHeartRadio.
This would be seismic news for the music industry: iHeart, which owns more than 850 U.S. broadcast brands, claims to have the largest reach of any radio or television outlet in America. The firm, which fell into bankruptcy last year, reaches a...
Liberty Media chief executive Greg Maffei knows a thing or two about negotiating in public. According to the New York Post, Denver-based Liberty Media Corp. is seeking to acquire a 35 percent stake in iHeartMedia, owner of radio giant iHeartRadio.
This would be seismic news for the music industry: iHeart, which owns more than 850 U.S. broadcast brands, claims to have the largest reach of any radio or television outlet in America. The firm, which fell into bankruptcy last year, reaches a...
- 1/18/2019
- by Tim Ingham
- Rollingstone.com
Sun Valley, Idaho — The black and silver SUVs packed with CEOs started rolling in about noon. Allen & Co.’s annual gathering of media and tech titans at the Sun Valley Lodge resort here brings together several combatants in active industry battles that have observers transfixed.
Will Comcast’s Brian Roberts and Disney’s Bob Iger wind up talking in the halls about their escalating bidding war for Rupert Murdoch‘s 21st Century Fox? Will Shari Redstone and Leslie Moonves, now fighting each other in court over control of CBS Corp., meet on a resort pathway or in a conference session? Several conference attendees admitted privately that the corporate soap operas have been the buzz of the confab in the early going.
Redstone and Moonves arrived at the lodge within an hour or two of each other. The same was true for Roberts and Murdoch. Murdoch pulled in to the circular driveway with his wife,...
Will Comcast’s Brian Roberts and Disney’s Bob Iger wind up talking in the halls about their escalating bidding war for Rupert Murdoch‘s 21st Century Fox? Will Shari Redstone and Leslie Moonves, now fighting each other in court over control of CBS Corp., meet on a resort pathway or in a conference session? Several conference attendees admitted privately that the corporate soap operas have been the buzz of the confab in the early going.
Redstone and Moonves arrived at the lodge within an hour or two of each other. The same was true for Roberts and Murdoch. Murdoch pulled in to the circular driveway with his wife,...
- 7/11/2018
- by Cynthia Littleton
- Variety Film + TV
If ever the atmosphere was ripe for dealmaking at Allen & Co.’s annual gathering of moguls in Sun Valley, Idaho, this is the year.
Key players in the megabucks M&A activity that has made headlines in recent months will be rubbing elbows in the confines of the Sun Valley Lodge and its posh surroundings during the conference, which begins July 10 and runs through the weekend, when Warren Buffett will hold court with his annual Q&A.
Participants will surely keep a close eye on the movements of Comcast’s Brian Roberts, Disney’s Bob Iger and Fox’s Rupert Murdoch for hints of a resolution to the Disney-versus-Comcast brawl over large portions of Murdoch’s media empire. CBS Corp. chief Leslie Moonves will be on hand, as will the subject of the lawsuit CBS unleashed in May on its controlling shareholder, Shari Redstone of National Amusements. CBS and National...
Key players in the megabucks M&A activity that has made headlines in recent months will be rubbing elbows in the confines of the Sun Valley Lodge and its posh surroundings during the conference, which begins July 10 and runs through the weekend, when Warren Buffett will hold court with his annual Q&A.
Participants will surely keep a close eye on the movements of Comcast’s Brian Roberts, Disney’s Bob Iger and Fox’s Rupert Murdoch for hints of a resolution to the Disney-versus-Comcast brawl over large portions of Murdoch’s media empire. CBS Corp. chief Leslie Moonves will be on hand, as will the subject of the lawsuit CBS unleashed in May on its controlling shareholder, Shari Redstone of National Amusements. CBS and National...
- 7/10/2018
- by Brent Lang and Cynthia Littleton
- Variety Film + TV
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