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The Guardian - US
The Guardian - US
Business
Callum Jones in New York

‘Cable Cowboy’ John Malone to step down from his media empire

a man walks outside
John Malone arrives for a conference in Sun Valley, Idaho, on 7 July 2016. Photograph: David Paul Morris/Bloomberg via Getty Images

Billionaire media mogul John Malone, the so-called “Cable Cowboy”, is stepping down as chair of his powerful empire.

Malone will stand aside in January from his roles overseeing Liberty Media, owner of Formula One, and Liberty Global, the firm behind telecommunications operator Virgin Media O2, it was announced today.

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