Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end

By CNBC   |   1 year ago
Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end

Liberty Media is spinning off most assets into a separate company called Liberty Live, with CEO Greg Maffei stepping down. Chairman John Malone will become interim CEO. Liberty Live will hold shares of Live Nation Entertainment and other private assets. Investor day on Thursday.

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