The Faber Report
MOST SHARED
- US Becomes Top Country Brand Under Obama: Survey
- Sweeping Health Care Overhaul Bill Passes House
- BofA Board in Civil War Over Lewis' Succesor
- What Stocks to Buy Amid Health Care Overhaul: Strategist
- GE, Comcast Agree on NBC Universal Valuation
- Hottest Zip Codes for Home Prices
- Obama Delays Start of Asia Trip to Attend Memorial
- Want the Homebuyer's Tax Credit? Here Are Some Tips
- Tamminen: Why Does Oklahoma Want To Drown New York?
- Food Network, HGTV Drive Scripps Networks' Upside Surprise
- Tommy Lee, Medical Tourism and Nasty Santa, Your Emails
- U.S. Markets Gain 3% for the Week Despite 10.2% Unemployment
- Disney's 'Carol' Tests Widest 3-D Release Ever
- Stimulus II? Jobs Tax Credit=Cash For Clunkers
- Rockwell Automation Earnings: What Options Are Saying
- Gold Will Touch Higher Lows and Higher Highs: Analyst
- Is Misery Alive And Well in Your Office?
- Kraft to Formalize Hostile Cadbury Bid on Monday
- GE, Comcast Agree on NBC Universal Valuation
- US Health Care Reforms Face Tough Path in Senate
- Obama Delays Start of Asia Trip to Attend Memorial
- China Urges US to Control Deficit to Stabilize Dollar
- BofA Board in Civil War Over Lewis' Succesor
- US Home Values Follow Sales Higher, For Some
- Hottest Zip Codes for Home Prices
- Week Ahead: Stocks Search for Catalyst in Quiet Week
RSS FEED
Text Size 
CNBC Anchor and Reporter
 |
Greg Maffei |
]. I’ve been hearing from my sources that Maffei has interest in the Direct TV job and he certainly didn’t deny that this morning, declining to take the opportunity to say he was happy staying in his current job (see clip).
I also asked Maffei about Liberty’s possible interest in AOL, the unit that is in the process of being spun off from Time Warner [TWX
Loading...
()
]. Liberty controlled Time Warner shares worth roughly $660 million as of the end of March and has always favored tax free transactions in which it can swap ownership stakes like that one for operating businesses.
It seems unlikely Liberty would try and make a move now, though after AOL is spun it becomes a great deal more unlikely. When I asked Maffei about AOL he acknowledged Liberty has had “positive” discussions with Time Warner regarding AOL (see clip).
As for the main event: the merging of Liberty Entertainment into Direct TV [DTV
Loading...
()
] ( a company for which John Malone will no longer control the right to block a deal) , Maffei had little to offer about what is constant speculation that the company will eventually be sold to either AT&T [T
Loading...
()
] or Verizon [VZ
Loading...
()
].
Stay tuned.
As part of that complex transaction, Liberty will create a new stock that will largely track the performance of its Starz network. The market is currently attributing little value to Starz, which like many of the other “movie channels” may need to alter its business model in years ahead given the expiration of programming deals with the movie studios and the cost of those deals.
Questions? Comments? Write to .
- Rumors abound that Oprah will leave her show to start a new network. What would this mean for daytime TV?
- A private equity specialist sponsored a stand-up comedy troupe in New York to prove that CEOs can, in fact, be funny.
- Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
- Did Hideki Matsui’s performance make it more likely that the Yankees will pay to have him back?
- Which wines should you bring—or serve—with holiday meals this year? Ask a connoisseur.
- Two competitors in this year’s World Series of Poker in Las Vegas have stories fit for Hollywood.
Data is a real-time snapshot *Data is delayed at least 15 minutes