Comments to my Blockbuster (BBI) article
I received a bunch of email responses to my previous post (disqus anyone?). Here is an interesting commentary from someone who worked for John Malone. It is exciting to hear that at some point they saw us as a strategic threat! Here is the email, I removed the name and email address.
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Hello Mr. Politi,
Just read your post on Blockbuster and the move into cable and I remember this series of events quite vividly… but from the competing side. You see, at the time I was working with John Malone at Liberty as his GS point of contact and we were concerned that this deal would become reality. We actually tried to stop this deal by talking directly to Verizon and telling them to sell the property to Liberty instead. We even set off lobbyists to start massaging the agencies (FTC/FCC/etc) so that they approve of the sale. I wasn’t the lead guy in any of the talks but was kept in the loop at all times. We all had a collective sigh of the relief when the merger thing happened… I ended up working with Malone for 6-8 months after that and then went into commodities. It’s great to hear how the thing went down from the other side… thanks for posting it!
Xxxx
PS Found your post here: http://www.newmogul.com/ a bunch of us biz/HF/VC/banker guys read it daily.
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