Liberty Media Corp-Liberty Formula One

Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. Pandora provides music, comedy, and a podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.

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Liberty Media Corp. engages in the media and entertainment industries. It operates through the following segments: Sirius XM Holdings, Formula 1, and Other. The Sirius XM Holdings segment focuses on operating two complementary audio entertainment businesses, Sirius XM and Pandora and Off-platform. The Formula 1 segment is involved in the global motorsports business that holds exclusive commercial rights with respect to the world championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.

Formula One Group (FWONA) Q4 2023 Earnings Call Transcript

Liberty Media Corp-Liberty SiriusXM

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call.

Liberty Media Corporation Announces Fourth Quarter Earnings Release and Conference Call

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Apple is reportedly considering an offer for $2 billion per season media rights deal with Formula One. The possibility of Andretti Autosport joining the series could increase fan interest and make Formula One more appealing to sponsors and media partners. Formula One Group reported strong financial performance in Q2 and Q3.

Apple Media Deal Could Be A Game Changer For Formula One Group

Liberty Media chairman and "cable cowboy" John Malone weighed in on the state of streaming in an interview with CNBC's David Faber.

Here's what streaming bundles could look like, according to Liberty Media's John Malone

Formula One Group (NASDAQ:FWONA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Shane Kleinstein - VP-IR Greg Maffei - President and CEO-Liberty Media Corporation Stefano Domenicali - President and CEO Brian Wendling - Chief Accounting and Principal Financial Officer, Liberty Media Corporation Renee Wilm - Chief Legal Officer and Chief Administrative Officer Derek Schiller - President and CEO, Atlanta Braves Conference Call Participants David Karnovsky - JPMorgan Ben Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Vijay Jayant - Evercore Stephen Laszczyk - Goldman Sachs Stephen Glagola - TD Cowen David Joyce - Seaport Research Partners Jason Bazinet - Citi Barton Crockett - Rosenblatt Securities Operator Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] Afterwards, we will conduct a question-and-answer session.

Formula One Group (FWONA) Q3 2023 Earnings Call Transcript

Formula One's surging popularity in the U.S. will accelerate further with next month's Las Vegas Grand Prix and an F1 movie starring Brad Pitt on the way, McLaren boss Zak Brown told Reuters.

F1's US takeover just getting started, says McLaren chief Brown

Apple is making seismic moves in the media space by going after the broadcast rights to popular sports. Formula 1 racing is rumored to be the tech giant's latest target, and its offer could be enormous.

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Apple

Apple is interested in the exclusive global rights for Formula 1 races, Business F1 reported. The iPhone maker could offer up to $2 billion a year for the rights, per the report.

Formula 1 could be coming to Apple as it mulls offering up to $2 billion a year to show races, report says

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ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Proposes Combination with Sirius XM Holdings Inc.

Liberty Media Corporation Proposes Combination with Sirius XM Holdings Inc.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has entered into a definitive agreement to acquire greater than 90% of QuintEvents, LLC (“Quint”) in a transaction valuing the company at $313 million. Quint will be attributed to Liberty Media's Formula One Group tracking stock, and the transaction, which is expected to be accretive, will be funded with cash on hand.

Liberty Media Corporation Announces Definitive Agreement to Acquire QuintEvents

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ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures.

Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation to Present at Goldman Sachs Communacopia & Technology Conference.

Liberty Media Corporation to Present at Goldman Sachs Communacopia & Technology Conference

Liberty Media (FWONK) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.35 per share a year ago.

Liberty Media (FWONK) Tops Q2 Earnings Estimates

Formula One Group (NASDAQ:FWONA ) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President-Investor Relations Greg Maffei - President and Chief Executive Officer-Liberty Media Corporation Stefano Domenicali - President and Chief Executive Officer Brian Wendling - Chief Accounting and Principal Financial Officer-Liberty Media Corporation Renee Wilm - Chief Legal Officer & Chief Administrative Officer Ben Oren - Executive Vice President & Treasurer Conference Call Participants Stephen Glagola - Cowen & Company Ben Swinburne - Morgan Stanley Vijay Jayant - Evercore Bryan Kraft - Deutsche Bank David Karnovsky - J.P. Morgan Stephen Laszczyk - Goldman Sachs Marlane Pereiro - Bank of America Operator Good morning, and welcome to the Liberty Media Corporation's 2023 Q2 Earnings Call.

Formula One Group (FWONA) Q2 2023 Earnings Call Transcript

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Second Quarter 2023 Financial Results.

Liberty Media Corporation Reports Second Quarter 2023 Financial Results

Liberty Media (FWONK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Liberty Media (FWONK) Ahead of Earnings?

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances

Liberty Media Corp. LSXMA, -0.19% LSXMB, +10.40% FWONA, +0.15% FWONK, +0.05% BATRA, +0.36% BATRK, +0.58% said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves Holding Inc. on July 18 after the market close. It also expects to complete its previously announced reclassification of Liberty Media's existing common stock and the creation of the new Liberty Live common stock on Aug. 3 after market close.

Liberty Media to split off Atlanta Braves stock on July 18

Renewed revenue growth has been driven by a strategic initiative to target new customers. Netflix's Drive to Survive, new tracks globally, and digital expansion are key growth drivers that have been highly successful.

Formula One: Popularity Driving Growth

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Formula One Group (NASDAQ:FWONA ) Q1 2023 Earnings Conference Call May 5, 2023 9:30 AM ET Company Participants Shane Kleinstein – Vice President-Investor Relations Greg Maffei – President and Chief Executive Officer-Liberty Media Corporation Stefano Domenicali – President and Chief Executive Officer Brian Wendling – Chief Accounting and Principal Financial Officer-Liberty Media Corporation Conference Call Participants David Karnovsky – J.P. Morgan Bryan Kraft – Deutsche Bank Vijay Jayant – Evercore Peter Supino – Wolfe Research Stephen Laszczyk – Goldman Sachs David Joyce – Seaport Research Partners Matthew Harrigan – Benchmark Company Operator Welcome to the Liberty Media Corporation's 2023 Q1 Earnings Call.

Formula One Group (FWONA) Q1 2023 Earnings Call Transcript

Liberty Media (NASDAQ:LINTA), whose portfolio of assets across the media and entertainment industries are tracked by the stocks Liberty SiriusXM Group, Formula One Group, and Braves Group, reported its first quarter earnings before the opening bell on Friday. Formula One Group, in which the Liberty SiriusXM Group has an approximate 0.4% intergroup interest as of April 30, reported revenue of $381 million, compared to $360 million in the year-ago quarter.

Formula One owner Liberty Media reports mixed 1Q results

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports First Quarter 2023 Financial Results.

Liberty Media Corporation Reports First Quarter 2023 Financial Results

News for Liberty Media Corp-Liberty Formula One Stock (FWONK)