Deadline: Media companies have to think globally if they want to navigate the changing business currents, Liberty Media chief John Malone said. “We can no longer think of the U.S. being sufficient.” When you look at companies such as Facebook, which he called “immense,” then “we have to figure out our role in that world. Whether it’s content or distribution.” Malone added that he likes sports and news because they can “sustain themselves in a digital age where very few things have to be watched live.”