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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Liberty Formula One excels in 2022, eyes Vegas expansion

Liberty Media Corp-Liberty Formula One delivered strong financial performance in 2022, driven by record attendance and digital engagement, with a focus on expanding its fan base through innovative initiatives.
The company's strategic partnerships, commitment to diversity, and long-term sustainability efforts position it well for continued growth and fan loyalty.
While facing challenges such as anticipated headwinds and increased OpEx, Formula One has opportunities to capitalize on the upcoming Las Vegas event, global expansion, and strategic repositioning post the Braves split.
By balancing financial success with fan engagement and social responsibility, Liberty Media Corp-Liberty Formula One aims to sustain interest, drive growth, and solidify its position in the market.

Liberty Media Corp reports improved performance and growth opportunities

Liberty Media Corp and its subsidiaries showed improved performance and strategic initiatives to drive growth and financial health.
Live Nation and Formula One Group demonstrated resilience and innovation in navigating challenges and seizing opportunities in their respective industries.
Analysts and executives discussed key financial metrics, operational updates, and growth strategies during the earnings call.
The earnings call highlighted a mix of positive performance, challenges to address, and promising opportunities for future growth and success.

Liberty Media Corp reports strong Q2 results and eyes growth opportunities

Overall, Liberty Media Corp's segments displayed strong performance and growth potential, with a focus on financial stability and strategic investments. Challenges such as noise in Q2 and uncertainty around share borrowing require careful navigation. Opportunities for revenue growth and long-term prospects present avenues for further expansion and profitability.

Liberty Media Corp excels in Q3 with Formula One's popularity surge and SiriusXM's dividend increase

Liberty Media Corp's subsidiaries showed strong performance, with SiriusXM and Formula One Group leading the way. While facing challenges in managing costs and navigating complex rights regimes, the company is well-positioned to capitalize on opportunities for growth through customer engagement initiatives and revenue diversification.

Liberty Media Corp's 2023 Earnings Call Highlights Strong Performance and Growth Opportunities

Liberty Media Corp's subsidiaries demonstrated robust financial performance in 2023, with Formula One Group and SiriusXM leading the way. The company is strategically positioned to capitalize on opportunities in media rights, sponsorship growth, and hospitality revenues while navigating challenges related to MLB's interests and contract renewals.

Liberty Media Corp reports robust Q2 performance and growth opportunities

Overall, Liberty Media Corp and its subsidiaries showcased strong financial performance and strategic advancements, positioning the company for continued growth and value creation.
While facing challenges in revenue optimization and distribution disputes, the company's diverse portfolio and operational strengths provide a solid foundation for future success.
By capitalizing on growth opportunities in expanding markets and enhancing fan experiences, Liberty Media Corp is well-positioned to drive further value and innovation across its businesses.

Liberty Formula One reports robust Q3 performance amidst sponsorship challenges

Liberty Media Corp-Liberty Formula One (FWONA) showcased strong financial performance and strategic initiatives in Q3 2024. While facing challenges in sponsorship revenue and profitability, the company remains focused on growth opportunities through partnerships and events.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Liberty Media Corp-Liberty Live

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™.

Liberty Media Statement on European Commission Decision to Open Phase II Investigation of Proposed Acquisition of MotoGP™

The European Commission said on Thursday it had opened an in-depth investigation into the proposed 3.5 billion euro ($3.62 billion) acquisition of Dorna Sports by Liberty Media FWONA.O.

EU opens probe into Liberty Media's proposed Dorna Sports acquisition

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Appoints Chase Carey to Board of Directors.

Liberty Media Appoints Chase Carey to Board of Directors

Liberty Media Corp-Liberty SiriusXM

Formula One's U.S.-based owner Liberty Media's planned takeover of MotoGP's parent company Dorna will be decided by EU antitrust regulators by Dec. 19, a European Commission filing showed.

EU to decide on F1 owner Liberty Media's MotoGP deal by Dec. 19

Liberty Media (FWONA, FWONK, LLYVA, LLYVK) said it plans to spin off most of its entertainment assets besides Formula One into a separately traded entity, Liberty Live, and announced CEO Greg Maffei is stepping down.

F1 Owner Liberty Media To Spin Off Entertainment Assets as CEO Steps Down

Formula One owner Liberty Media (NASDAQ:LINTA) has announced plans to spin off Liberty Live, including its stake in Live Nation and sports experience provider Quint, into a standalone company and that CEO Greg Maffei will be stepping down at the end of the year. Liberty Media (NASDAQ:LINTA) will hold its subsidiary Formula One and MotoGP, among other assets.

Liberty Media announces Liberty Live spin off, CEO transition

Liberty Media's CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses.

John Malone Moves to Simplify Empire with Liberty Live Spinoff

Liberty Media is spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live. CEO Greg Maffei is stepping down at year-end.

Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end

ENGLEWOOD, Colo.--(BUSINESS WIRE)--LIBERTY MEDIA CORPORATION ANNOUNCES PLAN TO SPLIT OFF LIBERTY LIVE GROUP.

Liberty Media Corporation Announces Plan to Split Off Liberty Live Group

Liberty Media Corporation - Liberty Formula One Series A (FWONA) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.39 per share a year ago.

Liberty Media Corporation - Liberty Formula One Series A (FWONA) Surpasses Q3 Earnings and Revenue Estimates

Atlanta Braves Holdings Inc

ATLANTA--(BUSINESS WIRE)--Atlanta Braves Holdings, Inc. (Nasdaq: BATRA, BATRK) today announced that Derek Schiller, President and CEO of the Atlanta Braves will participate in Liberty Media Corporation's (“Liberty Media”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) annual Investor Meeting on Thursday, November 14, 2024. Mr. Schiller will participate in one of the afternoon sessions, which begin at 1:00pm E.T. During the presentation, observations may be made regarding the company's financial performan.

Atlanta Braves Holdings Announces Derek Schiller will Participate in Liberty Media Corporation's Annual Investor Meeting

Formula One Group (FWONK) Q3 2024 Earnings Conference Call Transcript

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Third Quarter 2024 Financial Results.

Liberty Media Corporation Reports Third Quarter 2024 Financial Results

Formula One Group (NASDAQ: FWONK) is poised for growth with rising sports media rights, expanded race calendar, and better monetization of sponsorships and digital mediums. F1's exclusive commercial rights, strong IP control, and strategic acquisitions like Moto-GP enhance its competitive edge and growth potential. Risks include potential changes in team profit-sharing agreements, reliance on government race fees, and variability in ad sponsorship growth.

Formula One Group: IP Moats Are Not Recognized For Their Value

Liberty Media Corporation - Liberty Formula One Series A (FWONA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Liberty Media Corporation - Liberty Formula One Series A (FWONA) to Report a Decline in Earnings: What to Look Out for

Liberty Media Corporation - Liberty Formula One Series A (FWONA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Liberty Media Corporation - Liberty Formula One Series A (FWONA): Will It Gain?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Liberty Media Corporation - Liberty Formula One Series A (FWONA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Liberty Media Corporation - Liberty Formula One Series A (FWONA) Should Keep going

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Annual Investor Meeting.

Liberty Media Corporation Announces Annual Investor Meeting

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) will host a conference call to discuss results for the third quarter of 2024 on Thursday, November 7th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. The press release and conference call may discuss the financial performance and outlook of the company, as well as other forward looking matters.

Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) announced today that it closed the refinancing of the first lien Term Loan B and the maturity extension of the first lien Term Loan A and first lien revolving credit facility of certain subsidiaries of Delta Topco Limited, the Liberty subsidiary which holds all of its interests in Formula 1, on September 19, 2024. Delta Topco Limited and its subsidiaries (“Formula 1”) refinanced the pre.

Liberty Media Corporation Announces Refinancing and Maturity Extension of Formula 1 Debt Facilities and Incremental Funding Related to MotoGP™ Acquisition

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Closed Offering of Series C Liberty Formula One Common Stock.

Liberty Media Corporation Closed Offering of Series C Liberty Formula One Common Stock

Liberty Media (NASDAQ:LINTA) is to sell a US$825 million chunk of shares in Formula 1 to help pay for its acquisition of the motorbike racing equivalent MotoGP. In April, Liberty agreed to buy 86% Dorna Sports, the business holding MotoGP's commercial rights, in a deal valuing the bike championship at US$4.2 billion.

Liberty Media sells F1 shares to fund MotoGP deal

Formula One Group (NASDAQ:FWONK ) Q2 2024 Results Conference Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Greg Maffei - President & Chief Executive Officer, Liberty Media Corporation Brian Wendling - Chief Accounting & Principal Financial Officer, Liberty Media Corporation Stefano Domenicali - President & Chief Executive Officer Derek Schiller - President & Chief Executive Officer, Atlanta Braves Renee Wilm - Chief Legal Officer & Chief Administrative Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Barton Crockett - Rosenblatt Securities David Karnovsky - JPMorgan Vijay Jayant - Evercore ISI David Joyce - Seaport Research Partners Ben Swinburne - Morgan Stanley Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank Operator Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8.

Formula One Group (FWONK) Q2 2024 Earnings Call Transcript

Formula One Group (NASDAQ:FWONA ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Greg Maffei - President & Chief Executive Officer, Liberty Media Corporation Brian Wendling - Chief Accounting & Principal Financial Officer, Liberty Media Corporation Stefano Domenicali - President & Chief Executive Officer Derek Schiller - President & Chief Executive Officer, Atlanta Braves Renee Wilm - Chief Legal Officer & Chief Administrative Officer Conference Call Participants Bryan Kraft - Deutsche Bank Peter Supino - Wolfe Research Ben Swinburne - Morgan Stanley David Joyce - Seaport Research Partners Vijay Jayant - Evercore ISI David Karnovsky - JPMorgan Barton Crockett - Rosenblatt Securities Stephen Laszcyzk - Goldman Sachs Operator Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8.

Formula One Group (FWONA) Q2 2024 Earnings Call Transcript

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports Second Quarter 2024 Financial Results.

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