Liberty Media Corporation Assets
(Based on publicly available information as of July 31, 2023, adjusted for the reclassification of Liberty Media’s common stock effected on August 3, 2023)
Liberty Media Corporation owns interests in a broad range of media, communications and entertainment businesses.
The following tables set forth some of Liberty Media Corporation’s assets that may be held directly or indirectly through partnerships, joint ventures, common stock investments and/or instruments convertible into common stock. Ownership percentages in the tables are approximate and, where applicable, assume conversion to common stock by Liberty Media Corporation and, to the extent known by Liberty Media Corporation, other holders. In some cases, Liberty Media Corporation’s interest may be subject to buy/sell procedures, repurchase rights or dilution.
On August 3, 2023 Liberty Media Corporation completed the reclassification of tracking stocks into three new tracking stock groups: the Formula One Group, Liberty SiriusXM Group and Liberty Live Group. Liberty Media Corporation’s ownership interests are attributed to these three tracking stocks, shown adjusted for the reclassification in the table below. Please note that these tables represent the adjusted assets attributed to each tracking stock, but the attributed share count and ownership below reflect publicly available information as of July 31, 2023.
Formula One Group
| Entity | Description of Operating Business | Attributed Share Count(1) (In Millions) |
Attributed Ownership(2) |
|---|---|---|---|
| Formula 1 |
Formula 1, which began in 1950, is an iconic global motorsports business. |
N/A | 100% |
| F1 Arcade |
Experiential entertainment concept licensed by F1 featuring full-motion racing simulators. |
N/A | 21% (3) |
| LV Diamond Production, LLC |
Investment in joint venture operating a fan festival during the Formula 1 Las Vegas Grand Prix. |
N/A | 49% |
| LV Diamond Property I, LLC |
Owner of approximately 40 acres in the Las Vegas, Nevada area on which the paddock building for the Formula 1 Las Vegas Grand Prix is being constructed. |
N/A | 100% |
| Meyer Shank Racing |
An American racing team, currently competing in the NTT IndyCar Series and WeatherTech SportsCar Championship. |
N/A | 30% |
Note: Tables above include holdings with owned asset value greater than $5 million. Investment in Clear Secure, Inc. Class A common stock was monetized in June 2023.
1) Applicable only for publicly-traded entities.
2) Represents undiluted ownership interest unless otherwise noted. All ownership percentages are based on publicly available information as of July 31, 2023 unless otherwise noted.
3) Includes ownership stake held at Formula 1.
Liberty Live Group
| Entity | Description of Operating Business | Attributed Share Count(1) (In Millions) |
Attributed Ownership(2) |
|---|---|---|---|
| Associated Partners, L.P. |
Investment and operating partnership that targets long-term, risk-balanced and tax-efficient returns. |
N/A | 33% |
| Drone Racing League, Inc. |
DRL is the premier drone racing league. A sports and media company, DRL combines world-class pilots, iconic locations, and proprietary technology to create engaging drone racing content with mass appeal. |
N/A | 3% |
| Green energy investments |
Investments in clean energy technologies. |
N/A | Various (4) |
| Griffin Gaming Fund |
Gaming focused venture capital fund. |
N/A | 3% |
| INRIX, Inc. |
Provider of traffic data and analytics to auto OEM’s, governments, businesses, and consumers. |
N/A | 4% |
| Kroenke Arena Company, LLC |
Owner of the Ball Arena, a sports and entertainment facility in Denver, Colorado. Liberty Media Corporation’s interest in Kroenke Arena Company, LLC includes an ~7% profits interest based on the value of the Denver Nuggets and Colorado Avalanche professional sports teams. The profits interest becomes payable upon a sale of such teams, or upon Liberty Media Corporation’s exercise of a put right on its interest. |
N/A | 7% |
| Liberty Technology Venture Capital, LLC |
Investment fund focused on Israeli technology companies. |
N/A | 80% |
| Live Nation Entertainment, Inc. (NYSE: LYV) |
Largest live entertainment company in the world, consisting of three segments: concerts, sponsorship and advertising and ticketing. |
69.6 | 30% |
| Overtime Sports, Inc. |
A sports media company geared toward next generation sports fans and athletes. Overtime distributes original content and runs Overtime Elite, a professional basketball league for 16-19 year olds. |
N/A | 5% |
| Tastemade, Inc. |
Tastemade brings the world’s leading tastemakers in food together to create high-quality shows in the food and lifestyle category for digital platforms. |
N/A | 6% |
Note: Tables above include holdings with owned asset value greater than $5 million.
1) Applicable only for publicly-traded entities.
2) Represents undiluted ownership interest unless otherwise noted. All ownership percentages are based on publicly available information as of July 31, 2023 unless otherwise noted.
3) Includes assets with non-controlling ownership.
Liberty SiriusXM Group
| Entity | Description of Operating Business | Attributed Share Count(1) (In Millions) |
Attributed Ownership(2) |
|---|---|---|---|
| Sirius XM Holdings Inc. (NASDAQ: SIRI) |
A satellite radio company delivering commercial-free music plus sports, entertainment, comedy, talk, news, traffic and weather. |
3,205.8 | 83% |
Note: Tables above include holdings with owned asset value greater than $5 million.
1) Applicable only for publicly-traded entities.
2) Represents undiluted ownership interest unless otherwise noted. All ownership percentages are based on publicly available information as of July 31, 2023 unless otherwise noted.
