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Liberty Media Corporation Completes Split-Off of Liberty Live Holdings, Inc.
Businesswire· 2025-12-15 22:09
Core Points - Liberty Media Corporation and Liberty Live Holdings, Inc. have completed the split-off, resulting in two separate publicly traded companies [1] - Liberty Live Holdings' Series A and Series C common stock will begin trading on Nasdaq under symbols "LLYVA" and "LLYVK" on December 16, 2025, while Series B common stock will be quoted on OTC Markets under symbol "LLYVB" starting around December 17, 2025 [2] - Following the split-off, Liberty Live Holdings has approximately 25.6 million shares of Series A, 2.5 million shares of Series B, and 63.8 million shares of Series C common stock outstanding [3] - Liberty Media reattributed certain assets and liabilities between the Formula One Group and Liberty Live Group in connection with the split-off [4] Company Information - Liberty Media Corporation operates and owns interests in media, sports, and entertainment businesses, including subsidiaries like Formula 1 and MotoGP [6] - Liberty Live Holdings consists of ownership in Live Nation, its wholly owned subsidiary Quint, and other minority investments [7]
Hooper Stevens to Join Liberty Media as Senior Vice President, Investor Relations
Businesswire· 2025-12-08 21:15
Core Insights - Liberty Media Corporation announced the appointment of Hooper Stevens as Senior Vice President of Investor Relations, effective January [1] - Stevens brings over 20 years of experience in investor relations and finance, having previously served at SiriusXM, where he contributed to its growth into a Fortune 500 company [2] - Derek Chang, President and CEO of Liberty Media, expressed confidence in Stevens' expertise and relationships within the industry, highlighting his familiarity with Liberty's operations [3] Company Overview - Liberty Media Corporation operates in the media, sports, and entertainment sectors, with interests divided into two tracking stock groups: the Formula One Group and the Liberty Live Group [4] - The Formula One Group includes subsidiaries such as Formula 1 and Quint, along with other minority investments [4] - The Liberty Live Group encompasses Liberty Media's stake in Live Nation and additional minority investments [4]
GCI Liberty (NasdaqGS:GLIB.A) 2025 Investor Day Transcript
2025-11-20 19:12
Summary of GCI Liberty (NasdaqGS:GLIB.A) 2025 Investor Day Company Overview - **Company**: GCI Liberty - **Event**: 2025 Investor Day - **Date**: November 20, 2025 - **Location**: Las Vegas Key Points Industry Insights - **Formula 1 and MotoGP**: The company is heavily invested in motorsports, particularly Formula 1 and MotoGP, which are seen as premier global sports properties with significant growth potential [14][21][30]. Financial Performance - **Revenue Growth**: Formula 1 revenue increased by 9% year-to-date, with adjusted EBITDA up 15% [50]. - **Future Revenue**: Formula 1 has nearly $16 billion in future revenue under contract, representing a 14% CAGR since 2022 [41]. - **Attendance Records**: Full-season attendance for Formula 1 is expected to reach approximately 6.7 million, a nearly 60% increase from pre-COVID levels [51]. Strategic Developments - **Corporate Structure**: The split-off of Liberty Live is expected to enhance liquidity and simplify the corporate structure, with both Liberty Media and Liberty Live becoming asset-backed securities [33][34]. - **New Partnerships**: Significant partnerships have been established, including a media rights deal with Apple, which is anticipated to enhance audience reach and engagement [55]. Market Positioning - **Fan Engagement**: Formula 1 has over 830 million fans, a 60% increase since 2018, with a strong focus on digital engagement and social media [22][27]. - **Diverse Audience**: The demographic profile of fans is increasingly diverse, with a notable rise in female and younger audiences [63]. Competitive Landscape - **Team Valuations**: The value of Formula 1 teams has grown significantly, with valuations now in the range of $5 billion to $6 billion, comparable to major sports leagues like the NBA and MLB [24]. - **Sponsorship Growth**: The number of global and official partners has more than doubled since 2020, reflecting strong brand resonance [57]. Future Outlook - **Expansion Plans**: The company plans to leverage learnings from Formula 1 to grow MotoGP, aiming to close the monetization gap between the two [30]. - **Sustainability Goals**: A commitment to achieving net zero by 2030 is emphasized, alongside efforts to promote diversity and inclusion [64]. Operational Highlights - **Event Success**: The Las Vegas Grand Prix is highlighted as a key event, with expectations of sell-out attendance without price reductions [20]. - **Investment in Infrastructure**: Ongoing investments in race infrastructure and fan experiences are noted, enhancing the overall value proposition for fans and sponsors [54]. Challenges and Risks - **Market Competition**: The company acknowledges the competitive nature of the sports and entertainment market, necessitating continuous innovation and engagement strategies [65]. - **Economic Factors**: Potential impacts from macroeconomic conditions, including trade disputes and AI developments, are recognized as risks [21]. Conclusion GCI Liberty is positioned as a leading player in the global sports entertainment industry, with a strong focus on motorsports. The company is leveraging its assets to drive growth, enhance fan engagement, and achieve financial stability while navigating the complexities of the market.
X @Bloomberg
Bloomberg· 2025-10-30 14:00
.@jasonkellynews travels to Maranello, Italy, to sit down with Ferrari’s leaders and discuss upcoming Formula 1 regulations and how the brand’s racing innovations shape the road cars we drive today.Watch the full episode of Power Players https://t.co/F59DbRJC5L https://t.co/tG8LyBq3tt ...
Power Players Season 3 Trailer | Premieres Oct. 23
Bloomberg Originals· 2025-10-22 16:00
Power Players is back to take a look under the hood of the business of Formula 1. >> Hi, I'm here to see PR Gastley. >> Welcome uh to my workplace.>> Do you feel pressure. >> Massive, massive pressure. >> Ferrari is the best example that we can be very proud of the past to look after the future.>> From the iconic brand setting the standard. >> Oh boy. Can you imagine Ferrari without racing.>> No. And I say, "No, no, no." >> To the newcomers forging ahead. >> I grew up my whole life racing against the boys.> ...
Apple revs up for F1 rights: Here's what to know
CNBC Television· 2025-10-16 12:05
Big moves could be coming to the world of motorsports. CNBC has learned that Apple close to finalizing a US media rights deal with Formula 1 that's expected to be worth, if you're ready for this, $140 million per year. Our own Alex Sherman spoke to Apple's senior VP of services, Eddie Q, about the future of racing.>> I think in the US, everyone talks about how big Formula 1 is now. And and the reality is is because it was nowhere. Um, and so if you're nowhere, it's gotten huge.But the truth is, it's not hug ...
Nestlé CEO dismissed over misconduct, court rules most of Trump tariffs are illegal
Yahoo Finance· 2025-09-02 15:46
[Music] I'm finance executive editor Brian S and you're watching a live shot of the opening bells on Wall Street on this postol Tuesday morning and you're not seeing things. Ben Beth Beyond and it's outspoken executive chair Marcos Lonis uh ringing the bell at the New York Stock Exchange as it tries to convince everyone it's still relevant and uh BM group getting things underway over at the NASDAQ. Uh summer may unofficially be over, but there are a few fireworks still poised to pop off in Wall Street over ...
X @Forbes
Forbes· 2025-06-29 13:37
Mercedes, IWC, Expensify and other brands paid millions to sponsor a fictional Formula 1 team in Apple’s new F1 movie, which blurs the line between cinema and commerce—and could shape the future of both.Read more: https://t.co/BbVn3DhhQRPhoto: PA Wire/PA Images https://t.co/EAjoH43Wmw ...