John Malone, the veteran media billionaire known as the "cable cowboy," is stepping down as chairman of Liberty Media (LLYVK). This ends more than three decades at the helm of the company he helped build into a sprawling media empire. Malone, 84, will transition to chairman emeritus, effective Jan. 1 2026. Vice chairman Robert R. "Dob" Bennett will assume the role of chairman, according to a company statement. "Founding Liberty Media and serving as its Chairman has been among the most rewarding experienc ...