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Liberty Media CEO Greg Maffei Stepping Down as Company Spins Off Live Business


Liberty Media president and CEO Greg Maffei is stepping down to advise the company amid a planned spin-off of its live entertainment business.

Starting Jan. 1, Maffei will serve as a senior advisor for the company, aiding in the changeover amid a planned spin-off of its live entertainment assets into a new, publicly traded business. Over his 19-year tenure, Maffei led Liberty Media through significant growth, investing in high-profile companies including the Charter Communications, Live Nation Entertainment, the Atlanta Braves, SiriusXM, Formula 1 and DirecTV. In a statement, Malone commended Maffei’s impact, particularly his strategic vision that drove Liberty Media’s evolution and asset growth.

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