Liberty Media Looks To Launch Streaming Service For Formula One Racing

Don’t be surprised if Liberty Media introduces a direct-to-consumer streaming service featuring Formula One racing once the the John Malone-controlled company acquires the league. Liberty’s “very excited about the idea,” CEO Greg Maffei told analysts today in a quarterly earnings call. A streaming service “makes a lot of sense for them and us.” It might take time. There are “things to be worked through” to clarify the rights that are available from the pacts that Formula…

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