Liberty Media CEO, Malone, Hints AT&T Break with Company
With so much speculation in the air surrounding anti-trust
regulatory opinion on Microsoft, America Online, and of course,
AT&T, John Malone, CEO at Liberty Media, a company owned
by AT&T, suggested last week Liberty and AT&T may part the
ways. This comment occurred during Liberty Media's annual
meeting with Wall Street investors - Malone suggesting the two
companies divergent goals were, perhaps, creating painful
stretchmarks which may lead to separation of a kind. Ultimately,
things will remain the same for now, he said. Liberty hopes to be,
primarily, a content services developer and acquire other business
to enhance that strategy, while AT&T is clearly building infrastructure.
Liberty, in the next year, will begin announcing partnerships
with technology and service providers and making investements
in many new start ups that feel they have a solution. Two larger deals
include the TV Games Networks (interactive horse racing in
Kentucky), and interactive TV Guide (a joint venture with Murdoch's
News Corp).
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