Media company deal chances few: Liberty's Malone

Liberty Media Chairman John Malone on Friday said few opportunities exist to buy media companies right now, even with stock prices badly depressed across much of the industry. The media mogul and well-known dealmaker said one reason is the credit crunch, which has put the breaks on dealmaking. What's more, the presence of private equity and controlling families in the media business mean low stock prices don't necessarily open the door to dealmaking.