John Malone, the billionaire power broker and investor who has shaped the cable and media industries for more than five decades, has made his share of savvy deals. But he expressed regret that he didn’t get a granular financial picture of WarnerMedia before Discovery Communications closed the $43 billion deal to buy the media conglomerate from AT&T.
The 84-year-old media mogul spoke Thursday at a Paley Media Council event in Manhattan, “Wired for the Future: John Malone on Power, Disruption and on the Next Era of Media.”
Related Stories
As Malone recalled it, when AT&T in 2021 reached out about selling WarnerMedia to Discovery,
→ Continue reading at Variety
