Malone Orbiting with Malone

John Malone secured a coup when he forced Rupert Murdoch to hand him control of DirecTV. But what will he do with the satellite broadcaster? Chances are he will repeat the game he played successfully when he built Tele-Communications Inc (TCI) into a cable empire in the 1990s. He could start by offering to buy the sports channels owned by Cablevision, whose controlling shareholder’s attempt to take the media company private was stymied last week. Malone’s TCI playbook had three parts: create va...