Liberty Media Corp. CEO Greg Maffei will step down at the end of the year after nearly 20 years of significant dealmaking. Under his leadership, the company acquired and invested in notable businesses such as the Atlanta Braves, DirecTV, SiriusXM, Live Nation Entertainment, and Formula 1. Maffei, 64, was seen as a potential successor to John Malone, the 83-year-old chairman and a pioneer in the cable-TV industry.
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