Liberty Media chief: "Everybody is talking to everybody"

Liberty Media is on the hunt for "durable assets" as it seeks to boost shareholder value, CEO Greg Maffei says in this interview. Maffei also said that in the "fairly small" cable industry, "everybody is talking to everybody about how they might wish to participate" in Charter Communications' potential bid for Time Warner Cable. "The major players …all see some benefit to incremental subscribers so it's safe to assume that everybody is considering ... how they might be able to increase their footprint to get scale economies."

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