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Stock impact report

F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down [Yahoo! Finance]

Liberty Broadband Corporation - Class A (LBRDA) 
Last liberty broadband corporation - class a earnings: 2/8 04:44 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.libertybroadband.com/stockquote.cfm
Company Research Source: Yahoo! Finance
CEO Greg Maffei will step down at the end of the year, with billionaire Chairman John Malone assuming interim control. Liberty Broadband is being acquired by Charter Communications in a separate deal. Liberty Media ( FWONA FWONK LLYVA LLYVK ) said it plans to spin off most of its entertainment assets besides Formula One into a separately traded entity, Liberty Live, and announced CEO Greg Maffei is stepping down. Liberty Live will take with it the company's stake in Live Nation Entertainment, about 30% as of July 31. It will also hold Quint, a ticket and hospitality firm for the sports and entertainment industry. Liberty Media will retain Formula One, which it acquired in 2017, along with motorcycle racing operator MotoGP. The company expects the split to be completed in the second half of 2025. Longtime CEO Greg Maffei will step down from the company at the end of 2024, with Liberty Media chair and billionaire cable mogul John Malone taking over as interim CEO. Liberty Med Show less Read more
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