Author: Michael

Media mogul John Malone predicted Wednesday that Elon Musk’s SpaceX could strike a multibillion-dollar investment and distribution deal with Skydance, just two weeks after the company completed its $81 billion acquisition of Warner Bros. Discovery. Speaking with Liberty Global CEO Mike Fries at the Paley International Council Summit in New York, Malone suggested the companies could reach a global content distribution agreement involving as much as $8 billion to $10 billion in cross-investment. The potential partnership could give SpaceX’s Starlink satellite internet service a foothold in Hollywood content distribution while providing financial backing to Skydance, which is navigating a substantial…

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