| Market Capitalization (Millions $) |
16,978 |
| Shares
Outstanding (Millions) |
762 |
| Employees |
28,000 |
| Revenues (TTM) (Millions $) |
12,366 |
| Net Income (TTM) (Millions $) |
1,498 |
| Cash Flow (TTM) (Millions $) |
-66 |
| Capital Exp. (TTM) (Millions $) |
969 |
Liberty Media Corporation
Liberty Media Corporation is an American mass media and entertainment company that was created by John Malone in 1990. It is based in Englewood, Colorado and is a subsidiary of Liberty Media Group, which is a subsidiary of the media conglomerate, Liberty Global. Liberty Media Corporation is primarily known for its various investments in media and entertainment companies, including SiriusXM, Formula One, Braves Group, and Live Nation Entertainment.
SiriusXM is a subscription-based satellite radio service that offers over 150 channels of ad-free music, talk, sports, and news programming. In 2013, Liberty Media acquired a controlling interest in SiriusXM, and the company now owns over 71% of the satellite radio service. Liberty Media has also invested in several other media and entertainment companies, including Pandora Radio, which is a music streaming service, and iHeartMedia, which is a radio broadcasting company.
Formula One is a global motorsports series that Liberty Media acquired for $8 billion in 201 It is one of the most popular auto racing series in the world, and Liberty Media has been working to increase its global popularity by expanding into new markets, such as Vietnam and Azerbaijan. The company has also implemented numerous changes to the race format, including shorter race weekends and new graphics packages.
Braves Group, formerly known as Liberty Media Corporation, is a media and entertainment company that owns the Atlanta Braves baseball team. The company also operates the Braves' stadium, SunTrust Park, and has invested in several other sports-related ventures, including the Professional Bull Riders and the True North Sports and Entertainment group.
Live Nation Entertainment is a global concert promotion and ticketing company that Liberty Media has invested in. With its network of venues, promoters, and ticketing services, Live Nation is one of the largest and most influential companies in the music industry. By investing in Live Nation, Liberty Media has gained a significant foothold in the concert promotion market.
In addition to its media and entertainment investments, Liberty Media Corporation has also invested in several other sectors, including the energy industry, real estate, and telecommunications. The company is known for its aggressive acquisition strategy and has frequently made large investments in companies that it believes have strong growth potential. With a diverse portfolio of investments in some of the world's most prominent media and entertainment companies, Liberty Media Corporation is poised to remain a major player in the global entertainment industry for many years to come.
Company Address: 12300 Liberty Boulevard Englewood 80112 CO
Company Phone Number: 875-5400 Stock Exchange / Ticker: NASDAQ LSXMA
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68.79 %