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## Liberty Media CEO Greg Maffei’s Compensation Package in 2023

Liberty Media CEO Greg Maffei

Jared C. Tilton/Getty Images

### Overview of Compensation Package
Media mogul John Malone’s Liberty Media has revealed that the compensation package for president and CEO Greg Maffei in 2023 totaled $28.66 million, a significant increase from previous years. This compared to $22.36 million in 2022 and $21.58 million in 2021.

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### Breakdown of Compensation
A detailed breakdown of Maffei’s compensation package in 2023 revealed various components. His compensation included $7.1 million in stock awards, previously not received in 2022, while the value of his option awards decreased from $7.8 million in 2022 to $3.8 million in 2023. Moreover, his non-equity incentive plan compensation saw a significant increase from $11.7 million to nearly $14.3 million.

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### Other Executive Compensation
Apart from Maffei’s compensation, the company also disclosed the annual pay for chairman John Malone, which amounted to $1.27 million in 2023, demonstrating a slight decrease from previous years.

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### Financial Performance and Regulatory Filings
Liberty Media reported a revenue increase to $12.5 billion in 2023 from $12.2 billion in the previous year. However, net earnings for the year declined to $962 million from $2.0 billion in 2022.

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### Malone’s Departure from Charter Communications
John Malone’s decision to step down from his director emeritus role at Charter Communications due to concerns related to the Clayton Act, a 1914 antitrust law, has raised questions within the industry.

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### Conclusion
In conclusion, the intricate details of executive compensation packages, financial performance metrics, and regulatory filings within Liberty Media underscore the importance of utilizing tools like the AI legalese decoder to interpret complex legal language and make informed decisions in the business world.