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Liberty Media CEO Gregory Maffei Hints At Streaming Push

Related LMCA
Citi Waiting On The Sidelines In Liberty Media, Liberty SiriusXM
Earnings Scheduled For May 9, 2016

Wednesday morning on CNBC's Squawk on the Street, Gregory Maffei of Liberty Media (NASDAQ: LMCA) gave some color about:

On the AT&T (NYSE: T) deal for DirecTV (NASDAQ: DTV):
The deal is positive for AT&T, but not game changing.

On Streaming Services and if They Threaten Sirius XM
A lot of Sirius XM (NASDAQ: SIRI) customers are streaming customers as is. It can be complimentary to these services.

Will Liberty Media Develop a Streaming Product?
Eventually a streaming product will be developed, whether that's an in-house solution or an acquisition, but that's not a near-term focus for the company.

Liberty Media shares traded up 1.06 percent to $126.45 around the time of interview. Shares are about even for the day.

Posted-In: Gregory MaffeiCNBC News Tech Media


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