Liberty Media Corp chief executive Greg Maffei was appointed chairman of Sirius XM Radio yesterday (April 10), effective immediately. Liberty took control of the satellite radio company in January.
Last month Maffei was named non-executive chairman of the Live Nation Entertainment board of directors. Maffei, 52, replaced Irving Azoff as chairman.
Liberty Media is Live Nation’s biggest shareholder, with 52 million shares, or 27 percent of the stock.
Maffei joined Liberty Media as CEO-elect in November 2005 and became CEO in February 2006. He has also served as President and Chief Executive Officer of Liberty Interactive since May 2007.
Liberty Media Corporation owns interests in a broad range of media, communications and entertainment businesses. Those interests include subsidiaries Atlanta National League Baseball Club, Inc., and TruePosition, Inc., interest in SiriusXM, Live Nation and Barnes & Noble, and minority equity investments in Time Warner Inc. and Viacom.
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Sarah Skates has worked in the music business for more than a decade and is a longtime contributor to MusicRow.View Author Profile