Sirius XM's $3.5 billion Pandora deal is a bet on the future of streaming — here’s how its largest shareholder, 'cable cowboy' John Malone, came to be worth $9 billion
Monday, 24 September 2018 () · *John Malone, controlling owner of Liberty Media, is one the US' richest men with a net worth of about $9.3 billion.*
· *The billionaire began his career as a "cable cowboy" in research & development at Bell Labs*
· *He went on to oversee some of the biggest deals in cable and entertainment, with foray's into sports,...
According to Business Insider, Sirius XM has bought Pandora in an all-stock transaction. The deal creates the world's largest audio-entertainment company. It also has an implied price of $10.14 a share and includes a "go-shop" provision.
A huge stock market slump on Wednesday cost the world's richest man more than $9 billion. Jeff Bezos lost $9.1 billion on Wednesday, leaving him with a net worth of $145.2 billion. This sets Bezos back..
Sometime towards the end of 2011, the 7 billionth living person will be born. The number of people on earth took very roughly 250,000 years to reach a billion in 1800. More than a century pass before..