To assemble Adweek's second annual Power List, we considered the profiles and results of global corporate titans, taking into account such criteria as company value, revenue and revenue growth, market performance, consumer reach and affinity, their standing among rivals, the number of employees overseen, key acquisitions and partnerships, industry accolades and media buzz.
In what would appear to be a succession-planning move, John Malone has offered Discovery Communications CEO David Zaslav the right of first refusal to buy his voting stakes in the Silver Spring, Md.-based media company.
David Zaslav, president and CEO of Discovery Communications, will continue in that role through 2019, the cable conglomerate announced today.
Comcast is looking seriously at acquiring Time Warner Cable, multiple reports said earlier today, prompting rapid fluctuations in TWC's stock price, which spiked 9 percent to $132.16 a share this afternoon (the stock was trading below $120 a share as recently as Wednesday).
The rumors have been flying around since last winter, but Time Warner Cable on Thursday finally made it official, announcing that chairman and CEO Glenn Britt would retire when his contract expires at the end of the year.
The cable pioneer who Al Gore once referred to as “Darth Vader” has fired up the tractor beam, as John Malone’s Liberty Media has snared a significant stake in Charter Communications.