Tuesday, November 24, 2015

Malone on the Movie Business.

Words of wisdom from Dr. John Malone, 
"one of the biggest sins of commission in my career was to get into the movie business with Starz. I lost money both times." 
 “ a couple of years ago I tried to get Direct to buy Netflix, but we had Starz and it would have upset our cable partners so they talked me out of it.  As it was,  I should have flushed Starz.”
Liberty Media Analyst Conference 11/12/15

And, now he controls 25% of the shares of Lionsgate. This time it is different, right? 

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