Liberty Global to Acquire Warner Bros. Discovery's Stake in Formula E Racing Series
Acquiring Company
Liberty Global
Acquired Company
Warner Bros. Discovery
London
New YorkHardwareMobileInternetSatellite CommunicationMedia And EntertainmentVideoMusicPublishingFilmFilm ProductionEntertainment ProvidersentertainmentTv ProductionDescription
Liberty Global is set to acquire shares held by Warner Bros. Discovery in the electric car racing series Formula E, increasing its ownership to 65% and taking a controlling interest in the world's fastest growing motorsport. This strategic acquisition aligns with Liberty Global's commitment to investing in highly attractive businesses and advancing sustainability standards in sports.
Quick answer
Liberty Global is acquiring Warner Bros. Discovery, announced June 13, 2024. Liberty Global is based in London, England, United Kingdom.
- How much did Liberty Global pay for Warner Bros. Discovery?
- The deal value was not disclosed.
- What does Liberty Global do?
- Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is a world leader in converged broadband, video and mobile communications services.
- Where are Liberty Global and Warner Bros. Discovery based?
- Liberty Global is based in London, England, United Kingdom. Warner Bros. Discovery is based in New York, New York, United States.
- Who are the decision-makers at Liberty Global?
- Fundz holds 1 contact at Liberty Global. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Liberty Global, and when
When Liberty Global changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Liberty Global raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Liberty Global, from your own LinkedIn network
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Frequently asked
Who acquired Warner Bros. Discovery?
Warner Bros. Discovery was acquired by Liberty Global, based in London. The deal was reported on June 13, 2024. Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is a world leader in converged broadband, video and mobile communications services. Liberty Global is publicly traded (LBTYA) and operates in Hardware.
When did Liberty Global acquire Warner Bros. Discovery?
Liberty Global's acquisition of Warner Bros. Discovery was reported on June 13, 2024. Liberty Global is set to acquire shares held by Warner Bros. Discovery in the electric car racing series Formula E, increasing its ownership to 65% and taking a controlling interest in the world's fastest growing motorsport. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Warner Bros. Discovery do?
Warner Bros. Discovery, a premier global media and entertainment company, offers audiences the world’s most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. It is privately held, operating in Media And Entertainment, and is based in New York.
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