Liberty Media chairman and mogul John Malone told the company's annual shareholder meeting Thursday that the firm continues to believe in the value of live events businesses, such as sports and Live Nation Entertainment, despite the novel coronavirus pandemic. And he argued any hit to valuations could present a buying opportunity.
Malone spoke to investors in the firm, which houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, during the webcast virtual event.