Liberty Media

The Liberty Media Corporation is an American media conglomerate.

It originated as part of TCI, the US cable television group founded in the mid 1950s and acquired by AT&T ( Ma Bell ) in 1999 for $54 billion.

It was spun off from AT&T in the second half of 2001, subsequently spending $5 billion on nine Germany regional cable networks. Apart from television distribution it holds major interests in other groups. For example it is the largest shareholder in News Corporation (though the founding Rupert Murdoch family owns more voting shares), and has a 4 percent stake in Time Warner. As of December 2003 it has never paid a dividend.

Control is exercised by engineer Dr. John Malone (described by Al Gore as the Darth Vader of cable ), with a majority of the voting shares.

=External link=

*[http://www.libertymedia.com/ Official web site] *[http://www.ketupa.net/liberty.htm Ketupa - Liberty Media Corporation] in-depth profile *[http://biz.yahoo.com/ic/51/51395.html Yahoo! - Liberty Media Corporation Company Profile]