Business World

Cable's Pied Piper of Consolidation

Why Liberty Media Chairman John Malone is back in the cable business.

Dec. 3, 2013 7:11 p.m. ET


The 72-year-old Mr. Malone, the original cable guy, has sidled back into the industry he helped create decades earlier. In March, his Liberty Media bought a 27% stake in Charter Communications, a midsize operator with a laggard history. Mr. Malone announced the time was ripe for consolidation. That's all it took.


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