Malone is a major shareholder in a number of media-related companies, including the Liberty companies (which control SiriusXM, Formula 1, the Atlanta Braves and other properties) as well as Charter Communications. He is also a mentor to WBD CEO David Zaslav.

Daniel E. Sanchez will join Warner Bros. Discovery's Board of Directors, effective Oct. 1, and stand for election by the Company's stockholders at the 2025 Annual Meeting of Stockholders, the company announced on Wednesday.

Warner Bros. Discovery has named attorney Daniel E. Sanchez, the nephew of John Malone, to its board effective Oct. 1. The WBD board voted at its last meeting to expand the number of directors to 12.