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John Malone to step down as chair of Liberty Media, Liberty Global boards
John Malone, 84, transitions to chairman emeritus after over 50 years leading Liberty Media and Liberty Global, citing portfolio simplification and strong business positions.
- Wednesday, John Malone, the pioneering media mogul, announced he is stepping down as chairman of Liberty Media and Liberty Global, effective Jan. 1, 2026, when he will become chairman emeritus.
- Citing portfolio simplification, Malone said the recent simplification and stronger operating businesses made it appropriate to step back after exiting roles at Charter last year and WBD earlier this year.
- Liberty vice chairman Robert R. Bennett will become chairman of Liberty Media, described as a 35-year partner involved in key decisions, stepping into the role Malone held.
- Liberty Media's portfolio includes the Formula One Group and Liberty Live's interest in Live Nation Entertainment, and as of Aug. 31, Malone owned shares representing 49.5% and 48.9% of their voting power.
- Marking an end of an era, John Malone reflected at a Paley Center event and in Born to Be Wired on his half-century career, including deals like the $43 billion WarnerMedia acquisition and $48 billion TCI sale.
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Media mogul John Malone steps aside from his empire after decades of shaping cable TV
Media mogul and cable television pioneer John Malone steps back as chairman of Liberty Media and Liberty Global, with longtime partner Dob Bennett taking over the role next year.
·New York, United States
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US media mogul John Malone to step down as head of business empire
Billionaire media and telecoms tycoon John Malone will step down as chairman of his multinational companies Liberty Global and Liberty Media after decades influencing the global communications landscape, the businesses announced Wednesday. The 84-year-old American, nicknamed the "Cable Cowboy," is recognized as a pioneering force in the cable television industry who helped shape the trajectory
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Total News Sources39
Leaning Left5Leaning Right4Center8Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 29%
C 47%
R 24%
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