Liberty Media CEO 'Judicious' About Overseas Expansion
May 18 2009 - 5:11PM
Dow Jones News
Liberty Media Corp. (LINTA) Chief Executive Greg Maffei on
Monday told an investor conference of the cable company's broad,
but "judicious" overseas expansion plan.
Maffei said China, Brazil and India are "the next three or four
countries we continue to look at" when asked of the company's
overseas expansion plans. Of the three, he said the company was
furthest along in China. He described the expansion pace to be
"judicious."
Internet commerce is another focus internationally, he said.
"We are beginning to look at expanding a bunch of our e-commerce
businesses internationally," Maffei said during an appearance at
the investor conference. But he declined to be any more
specific.
He also said that one or two movie studios could come up for
sale, of which Liberty could be of interest. He declined to be more
specific.
-By Ben Charny, Dow Jones Newswires; 415-765-8230;
ben.charny@dowjones.com