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Liberty MediaThe Liberty Media Corporation is an American media conglomerate. It originated as part of TCI, the US cable television group founded in the mid 1950s and acquired by AT&T ('Ma Bell') in 1999 for $54 billion. It was spun off from AT&T in the second half of 2001, subsequently spending $5 billion on nine German regional cable networks. Apart from television distribution it holds major interests in other groups. For example it is the largest owner of News Corporation and has a 4 percent stake in Time Warner. As of December 2003 it has never paid a dividend. Control is exercised by engineer Dr. John Malone (described by Al Gore as the "Darth Vader of cable"), with a majority of the voting shares. External link
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