Get the latest gossip
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.
Or read this on Billboard