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Relations between Malone's Liberty Media and AT&T remain tense. Here's why:
-- Starz Encore, Liberty's premium cable movie unit, filed suit against AT&T on July 10, claiming AT&T owes $44 million to cover programming costs. AT&T disputes the claim.
-- AT&T (T
) and Liberty (LMG.A
) are at an impasse over how much Malone must pay for access to AT&T channels for interactive programming.
-- Liberty will invest up to $1 billion to help News Corp. (NWS
) buy DirecTV (GMH
), which competes with AT&T Broadband.