Pursuits

Cable Magnate Malone's Stakes Scrutinized in Charter-TWC Deal

  • U.S. FCC looks at Malone's sway over Discovery, Starz
  • Charter said it wouldn't favor programming linked to Malone
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John Malone amassed a cable fortune decades ago, sold the holdings for billions of dollars, and went on to build a media empire with reach into pay-TV, movies and satellite radio.

Now Malone’s sprawling interests are being scrutinized by U.S. regulators reviewing the deal he helped broker to merge Time Warner Cable Inc. and Charter Communications Inc., where he is a leading shareholder, to create the second-largest U.S. cable company.