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With Increased Voting Power, Liberty Media Head Sends Signal to Murdoch.

By Phyllis Furman, Daily News, New York Knight Ridder/Tribune Business News

Jan. 23--When Rupert Murdoch looks back, he'll see John Malone in the rear-view mirror.

Get ready for the shrewd Liberty head to shake up News Corp., now that Malone's company has upped its stake to become the second biggest voting shareholder behind Murdoch himself.

Wall Street was buzzing yesterday over Malone's intentions. Some expect the wily investor to flex his muscles over everything from who will succeed Murdoch to how he runs his vast empire, which includes

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  • Reading Into Malone's Moves
    • Liberty Media Corp.'s moves to acquire a large voting stake in News Corp. could be a vehicle for Liberty chairman John Malone to influence future leadership changes at the Australian media conglomerate, analysts said last week. Liberty said that it acquired a 9.15% voting stake in News Corp. through a ......
  • Why Liberty Halted Its ‘Forward’ Pass
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  • Murdoch May Buy Out Malone
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  • Murdoch Blocks Malone — Maybe
    • News Corp. chairman Rupert Murdoch and Liberty Media Corp. chairman John Malone reached a stalemate last week, with News adopting a shareholder’s-rights plan aimed at thwarting any attempt at a takeover by Malone. Malone recently cut a deal with Merrill Lynch International to swap about $1.5 billion of nonvoting News ......
  • Fox Done: Liberty Next?
    • With its $6.6 billion buy-in of the remaining interest in Fox Entertainment Group Inc. out of the way, News Corp. can hunker down to the real business at hand — figuring out a way to buy Liberty Media Corp.’s 17% voting interest in the media giant. Last Monday, News Corp....
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  • What Does John Malone Want?
    • Watching John Malone make big financial moves is fun. Watching the pundits pontificate about what he’s really up to is more fun. The Liberty Media chairman’s recent moves toward Rupert Murdoch’s News Corp. haven’t disappointed. In a deft use of financial derivatives, Malone is about to boost his share of ......

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