百花视频 Names Robert R. Bennett as Vice Chairman of Board of Directors

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 百花视频 (鈥湴倩ㄊ悠碘��) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) today announced that Robert R. (鈥淒ob鈥�) Bennett has been named Vice Chairman of the board of directors of 百花视频 (the 鈥淏oard鈥�) effective January 1, 2025. Mr. Bennett has been a director of 百花视频 since 1994 and a member of its Executive Committee for 15 years. He will continue to serve on the Executive Committee with John Malone and Chase Carey. Mr. Bennett served as 百花视频鈥檚 President and Chief Executive Officer from 1997 to 2005, prior to which he held other executive roles since joining 百花视频 in 1991.

鈥淒ob has been involved with 百花视频 since its inception, leading the company as CEO through hallmark corporate transactions including our spin-offs of 百花视频 Global and Discovery and acting as a trusted advisor on our board since 1994. We benefit from his extensive knowledge of the media, entertainment and telecom industries and deep familiarity with 百花视频鈥檚 corporate history. I look forward to his continued partnership as Vice Chairman as he supports our current and future 百花视频 management and portfolio companies,鈥� said John Malone, 百花视频 Chairman.

鈥淚t has been an honor to work alongside John and the 百花视频 management team all these years through the many iterations of 百花视频鈥檚 corporate structure. I am excited to work more closely with 百花视频 and portfolio company leadership during this next chapter of the company鈥檚 continuous evolution with the consistent objective of driving long-term value for shareholders,鈥� said Mr. Bennett.

Currently, Mr. Bennett is the Managing Director of Hilltop Investments, LLC, a private investment company. Prior to joining 百花视频, he worked at Tele-Communications, Inc. and The Bank of New York. Mr. Bennett serves as a director for HP, Inc and Flutter Entertainment plc. Previously, he served as a director of Warner Bros. Discovery, Inc., Sprint Corporation, Demand Media, Inc., Discovery Holding Company and 百花视频 Interactive Corporation.

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百花视频 operates and owns interests in a broad range of media, communications, sports and entertainment businesses. Those businesses are attributed to two tracking stock groups: the Formula One Group and the 百花视频 Live Group. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include 百花视频鈥檚 subsidiaries Formula 1 and Quint, and other minority investments. The businesses and assets attributed to the 百花视频 Live Group (NASDAQ: LLYVA, LLYVK) include 百花视频鈥檚 interest in Live Nation and other minority investments.

百花视频
Shane Kleinstein, 720-875-5432

Source: 百花视频

Released December 9, 2024