• Subscribe to our Daily News Emails
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Malone buys more Discovery shares

November 19, 2019 14.34 Europe/London By Chris Dziadul

John Malone has invested around $75 million in Discovery stock.

Quoting a regulatory filing published this Monday, November 18, Billboard reports that last Thursday, November 14 he acquired 2.67 million Discovery Class C for $28.03, thereby boosting his Class C stock to nearly 12.2 million.

It adds that Malone has until now held a 3% economic stake in Discovery.

Although last week’s acquisition was non-voting stock, his economic stake in the company stands at around 23% thanks to super-voting shares.

Following on from the sale of its assets in Germany, Hungary, the Czech Republic and Romania to Vodafone, Malone’s Liberty Global has begun to expand outside Europe through the acquisition of AT&T’s operations in Puerto Rico ands US Virgin Islands.

The media mogul also recently completed the sale of his remaining shares in Lionsgate.

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Related

Filed Under: Finance, Newsline, People Tagged With: Discovery, John Malone Edited: 20 November 2019 12:07

Avatar photo

About Chris Dziadul

Latest News

  • Must carry introduced for Flemish media apps
  • Icelandic partnership between Síminn and HBO
  • Italy’s Piracy Shield could breach EU Digital Services Act
  • Two arrested in Midlands streaming investigation 
  • ProSiebenSat.1 secures Hollywood content deal with NBC Universal

Most Popular

  • DAZN picks up international rights to Serie A 
    DAZN picks up international rights to Serie A 
  • Italy’s Piracy Shield could breach EU Digital Services Act
    Italy’s Piracy Shield could breach EU Digital Services Act
  • Prime Video to distribute france.tv channels and content
    Prime Video to distribute france.tv channels and content
  • Icelandic partnership between Síminn and HBO
    Icelandic partnership between Síminn and HBO
  • ProSiebenSat.1 secures Hollywood content deal with NBC Universal
    ProSiebenSat.1 secures Hollywood content deal with NBC Universal
  • Must carry introduced for Flemish media apps
    Must carry introduced for Flemish media apps
  • ARD decides against 5G Broadcast introduction
    ARD decides against 5G Broadcast introduction

White Paper

Eutelsat planning capital increase to become European Starlink

The French state has bolstered its take in Eutelsat as part of a €1.35 billion capital increase. … [Download the White Paper ...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Editorial

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Commercial

Arundel View Cottage
Wepham
West Sussex
BN18 9RA
sales@broadbandtvnews.com

Connect with Us

 

Copyright © 2025 Broadband TV News LLP · Log in

 

Loading Comments...
 

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.