Liberty's (LMCA) Malone Thinks Cable Companies Should Create Netflix (NFLX) Rival

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Netflix (NFLX) Looks for STB Integration with Top U.S. Cable Companies

October 14, 2013 7:43 AM EDT

Netflix (Nasdaq: NFLX) is up early Monday following news that the company might be in discussions with U.S. cable companies over potential partnerships.

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Liberty Media (LMCA) PT Lifted at Maxim Group

October 11, 2013 8:44 AM EDT

Maxim Group analyst John Tinker reiterated a Buy rating and raised his price target on Liberty Media (NASDAQ: LMCA) from $182 to $188 following yesterday's analyst day.

Highlights were:

Liberty Media announced a repurchased 5.2% of its stock from Comcast (CMCSA) for $831M/$132 per share;

Future cable TV investments are the likely catalyst behind the recapitalization;

Sirius Radio (SIRI) is accelerating its share repurchases, doubling the plan to $2B. As part of this repurchase plan, LMCA... More

Sirius XM (SIRI) Adds $2B to Buyback Plan

October 10, 2013 6:45 AM EDT

Sirius XM Radio Inc. (Nasdaq: SIRI) announced that its Board of Directors has approved an additional $2 billion common stock repurchase program. Shares of common stock may be purchased from time to time on the open market and in privately negotiated transactions, including in transactions with Liberty Media and its affiliates. The Company will fund the repurchases through cash on hand, future cash flow from operations and future borrowings.

The Company also announced that it has agreed to repurchase $500 million of common stock... More

Liberty (LMCA) Enters Repurchase with Comcast (CMCSA); Sirius (SIRI) to Buyback Shares

October 10, 2013 6:37 AM EDT

Liberty Media Corporation ("Liberty Media") (Nasdaq: LMCA)(Nasdaq: LMCB) announced the following transactions:

* Repurchase of 5.2% of outstanding Liberty Media common stock from Comcast Corporation (Nasdaq: CMCSA)
* Agreement with SiriusXM to repurchase $500 million of SIRI shares from Liberty Media
* Proposed private offering of $500 million aggregate principal amount of convertible senior notes (with initial purchaser option to purchase an additional $75 million aggregate principal amount) due 2023

Repurchase from Comcast

Liberty Media and Comcast (Nasdaq: CMCSA, CMCSK) recently completed a... More