Liberty Media CEO Gregory Maffei Hints At Streaming Push
Wednesday morning on CNBC's Squawk on the Street, Gregory Maffei of Liberty Media (NASDAQ: LMCA) gave some color about:
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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.