Hollywood Reporter: Liberty Media CEO Gregory Maffei said he is looking for some big and “messy” investment deals. Liberty, known for taking stakes in a variety of media companies, is on the hunt for “the extra large. We think there’s better opportunities in the elephant-hunting realm,” Maffei said. “Our strategy usually is to try and do things that are complex, because other people don’t like complex — or messy.” He added that “the market is very frothy” for smaller deals, and he’s happy to sit on cash until the right investment presents itself.