1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Gabelli Asset Management Comments on Liberty Media Corp

May 13, 2014 | About:
Liberty Media Corp. (1.5%) (LMCA)(LMCA - $130.73 - NASDAQ) is a diversified investment vehicle guided by cable television pioneer John Malone (Chairman) and former Microsoft Corp. (0.2%) CFO Greg Maffei (CEO). The company owns 52% of satellite radio provider Sirius XM, 27% of cable operator Charter Communications, the Atlanta Braves baseball club, and stakes in several other public and private entities. Malone and Maffei have created significant value for shareholders over the past several years as they tax-efficiently distributed, traded, or sold interests in Discovery Communications (1.2%), News Corp (0.4%), Time Warner Inc. (1.1%), DIRECTV, Starz (0.3%), and QVC, among others. Over the last year, Liberty has been focused on new investments and was a key player in Charter's bid for Time Warner Cable (0.3%). To sharpen the focus on these efforts, Liberty announced it would create a tracking stock for its cable investments to be called Liberty Broadband to be issued later in 2014.

From Mario Gabelli (Trades, Portfolio)'s Value 25 Fund first quarter 2014 shareholder commentary.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by


User Generated Screeners


ttaranto10 Growth 30% Off Hi P/E
jrCannabis Companies
browntroutBV Compounders with Single Dig
browntroutSingle Digit TTM PE and Low BV
NeteaAdi growth screening
andrewgu999BEST1
andrewgu999BEST
DANGORDON***TOTAL RETURN 5Y 10Y 6-30-17
FingerStoppersEV/EBITDA gurufocus
HattcoSCapP>7PB1PE<40No OTC
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK