AOL: JOHN MALONE WANTS TO BE HEARD

摘要

Presiding over a meeting of his investors at New York's Hudson Theatre last September, 61-year-old cable titan John C. Malone pretty much summed up his investment strategy. "A down market," he declared, "is a point of opportunity for us." Indeed, John Malone didn't get to be John Malone by sitting on the sidelines during hard times. When Ted Turner faced bankruptcy in 1987, Malone bailed him out. It was Malone's money that early on helped to keep alive the Discovery Channel, Black Entertainment Television, and Home Shopping Network, now among the hottest properties in cable. So who is Malone looking to rescue these days? AOL Time Warner Inc., the biggest media company in the world, whose shares are down 43% this year.