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Liberty Media CEO Gregory Maffei Hints At Streaming Push

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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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