Word: malonee
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Not only did Michael Jordan play a game of basketball so beautiful that it defied physics, but he racked up numbers that put him in a league of his own. Jordan has averaged 31 points a game, a huge gap over the (future) Hall of Famers he played against (e.g...
Monopolist. Bully. Cowboy. John Malone has heard it all before. As he dominated the U.S. cable-TV industry for much of the past three decades, the CEO of Denver-based TeleCommunications Inc. (TCI) was called plenty of names, including some that can't be printed here.
Skeptics said he was naive to think that Americans would shell out $10 to $20 a month for extra channels when they were happy with the ones they pulled in with rabbit ears. And when Malone ended up controlling more than 10 million cable subscribers and a stake in nearly...
Now Malone is back in the game, this time in Europe. And judging by the heavy odds he faces and the already nasty reception, he must feel right at home. The Connecticut native is busy trying to build a new cable empire--one that eventually wires all of Europe and...
By consolidating a debt-ridden, fragmented European cable industry worth $70 billion, he thinks he can achieve the economies of scale in programming, equipment and marketing that helped turn TCI into such a titan. But he faces a much tougher task on a continent that, despite its efforts at economic...