What is Âé¶¹×îгöÆ·?

Âé¶¹×îгöÆ· owns interests in a broad range of media, entertainment and sports businesses. Those interests are attributed to two tracking stock groups: the Âé¶¹×îгöÆ· Live Group and the Formula One Group.

What are the differences between each of the Âé¶¹×îгöÆ· Formula One common stock and Âé¶¹×îгöÆ· Live common stock and the Series A, Series B and Series C common stocks?
  • The Âé¶¹×îгöÆ· Formula One common stock and the Âé¶¹×îгöÆ· Live common stock are intended to track and reflect the economic performance of the businesses, assets and liabilities attributed to the Formula Group and the Âé¶¹×îгöÆ· Live Group, respectively.
  • Series A common stock has one vote per share, Series B common stock has ten votes per share and Series C common stock is non-voting stock (subject to certain exceptions in the case of Series C common stock).
  • Series B common stock is exchangeable at any time by the holder on a one-for-one basis for Series A common stock. Series A and Series C common stock are not exchangeable at any time by the holder of such stock.
What are your stock symbols?
  • The Series A and Series C Âé¶¹×îгöÆ· Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B Âé¶¹×îгöÆ· Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
  • The Series A and Series C Âé¶¹×îгöÆ· Live common stock trade on the Nasdaq Global Select Market under the stock symbols LLYVA and LLYVK, respectively. The Series B Âé¶¹×îгöÆ· Live common stock is quoted on the OTC Markets under the symbol LLYVB.
What happened to the Âé¶¹×îгöÆ· SiriusXM Group and LSXMA/LSXMB/LSXMK ticker symbols? Can I still purchase shares?

On September 9, 2024, Âé¶¹×îгöÆ· Media competed the transaction with Sirius XM whereby the Âé¶¹×îгöÆ· SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, Âé¶¹×îгöÆ· SiriusXM is no longer a tracking stock group of Âé¶¹×îгöÆ· Media.

Do I need to take any action to exchange my shares of former LSXMA, LSXMB and LSXMK common stock for shares of the new Sirius XM stock following the transaction?

No additional action needs to be taken by shareholders. As part of the transaction, Âé¶¹×îгöÆ· SiriusXM shareholders received [0.83] shares of the new Sirius XM common stock (NASDAQ: SIRI) for each outstanding share of Âé¶¹×îгöÆ· SiriusXM common stock previously held, with cash paid in lieu of fractional shares. If you have further questions, please call Broadridge, Âé¶¹×îгöƷ’s transfer agent at (888) 789-8415.

Was the 2024 split-off of Âé¶¹×îгöÆ· SiriusXM Group and the subsequent merger with Sirius XM Holdings Inc. taxable to Âé¶¹×îгöÆ· SiriusXM shareholders?

The split-off and reclassification were structured not to be taxable to Âé¶¹×îгöÆ· shareholders; additional information on tax implications can be found in the filed S-4 here.

Were the 2023 split-off of Atlanta Braves Holdings, Inc. and reclassification of Âé¶¹×îгöÆ· Media tracking stocks taxable to Âé¶¹×îгöÆ· Media shareholders?
  • The split-off and reclassification were structured not to be taxable to Âé¶¹×îгöÆ· shareholders; additional information on tax implications can be found in the filed S-4 here.
Do I need to take any action to exchange my shares of former Series A, Series B and Series C common stock for shares of the new tracking stocks following the August 2023 reclassification?
  • No additional action needs to be taken by shareholders. In the reclassification, each outstanding share of Âé¶¹×îгöÆ· SiriusXM common stock was reclassified into one share of the corresponding series of new Âé¶¹×îгöÆ· SiriusXM common stock and 0.2500 of a share of the corresponding series of Âé¶¹×îгöÆ· Live common stock, and each outstanding share of Âé¶¹×îгöÆ· Formula One common stock was reclassified into one share of the corresponding series of new Âé¶¹×îгöÆ· Formula One common stock and 0.0428 of a share of the corresponding series of Âé¶¹×îгöÆ· Live common stock. If you have further questions, please call Broadridge, Âé¶¹×îгöƷ’s transfer agent at (888) 789-8415.
What happened to the Braves Group and BATRA/BATRB/BATRK ticker symbols? Can I still purchase shares?
  • Âé¶¹×îгöÆ· Media completed the split-off of Atlanta Braves Holdings, Inc. on July 18, 2023. As a result, Âé¶¹×îгöÆ· Media and Atlanta Braves Holdings are separate publicly traded companies. Atlanta Braves Holdings consists of the assets and liabilities previously attributed to the Braves Group tracking stock of Âé¶¹×îгöÆ· Media, including the Atlanta Braves baseball club and the associated mixed-use development project, The Battery Atlanta. Atlanta Braves Holdings, Inc. stock trades under the same tickers as the previous Braves Group tracking stock (NASDAQ: BATRA, BATRK; OTC: BATRB).
Prior to the September 2011 split-off, as a shareholder of Âé¶¹×îгöÆ· Interactive Corporation, how many shares of Âé¶¹×îгöÆ· Interactive and Âé¶¹×îгöÆ· Capital tracking stock did I receive in the May 2006 restructuring?

Each holder of the then-Âé¶¹×îгöÆ· Series A common stock received 0.25 of a share of Âé¶¹×îгöÆ· Interactive Series A common stock and 0.05 of a share of Âé¶¹×îгöÆ· Capital Series A common stock for each share of old Âé¶¹×îгöÆ· Series A common stock held; and each holder of the then-Âé¶¹×îгöÆ· Series B common stock received 0.25 of a share of Âé¶¹×îгöÆ· Interactive Series B common stock and 0.05 of a share of Âé¶¹×îгöÆ· Capital Series B common stock for each share of old Âé¶¹×îгöÆ· Series B common stock held.

As a Âé¶¹×îгöÆ· Capital group shareholder how many shares of Âé¶¹×îгöÆ· Entertainment tracking stock did I receive in the March 2008 reclassification at Âé¶¹×îгöÆ· Interactive Corporation?

With the reclassification of Âé¶¹×îгöÆ· Capital in March 2008, each holder of Âé¶¹×îгöÆ· Capital group Series A common stock received 4 shares of Âé¶¹×îгöÆ· Entertainment Series A common stock and maintained existing holdings of Âé¶¹×îгöÆ· Capital group Series A common stock.

Each holder of Âé¶¹×îгöÆ· Capital group Series B common stock received 4 shares of Âé¶¹×îгöÆ· Entertainment Series B common stock and maintained existing holdings of Âé¶¹×îгöÆ· Capital group Series B common stock.

Shares of Âé¶¹×îгöÆ· Interactive were not affected by the reclassification of the Âé¶¹×îгöÆ· Capital common stock.

As a shareholder, how many shares of Âé¶¹×îгöÆ·'s Âé¶¹×îгöÆ· Capital or Âé¶¹×îгöÆ· Starz common stock did I receive in the September 2011 split-off the Âé¶¹×îгöÆ· Capital and Âé¶¹×îгöÆ· Starz tracking stock groups from Âé¶¹×îгöÆ· Interactive Corporation?

Each holder of Âé¶¹×îгöÆ· Interactive Corporation's Âé¶¹×îгöÆ· Capital Series A common stock received 1 share of Âé¶¹×îгöÆ· Media's Âé¶¹×îгöÆ· Capital Series A common stock.

Each holder of Âé¶¹×îгöÆ· Interactive Corporation's Âé¶¹×îгöÆ· Capital Series B common stock received 1 share of Âé¶¹×îгöÆ· Media's Âé¶¹×îгöÆ· Capital Series B common stock.

Each holder of Âé¶¹×îгöÆ· Interactive Corporation's Âé¶¹×îгöÆ· Starz Series A common stock received 1 share of Âé¶¹×îгöÆ· Media's Âé¶¹×îгöÆ· Starz Series A common stock.

Each holder of Âé¶¹×îгöÆ· Interactive Corporation's Âé¶¹×îгöÆ· Starz Series B common stock received 1 share of Âé¶¹×îгöÆ· Media's Âé¶¹×îгöÆ· Starz Series B common stock.

What happened to Âé¶¹×îгöÆ· Capital and the LCAPA/LCAPB ticker symbols? Can I still purchase shares?

On November 28, 2011, Âé¶¹×îгöÆ· Media eliminated its tracking stock structure by converting each share of its Âé¶¹×îгöÆ· Starz common stock into 0.88129 of a share of the corresponding series of Âé¶¹×îгöÆ· Capital common stock. In connection with that transaction, Âé¶¹×îгöÆ· Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. The ticker symbols LCAPA and LCAPB are no longer used.

What happened to Âé¶¹×îгöÆ· Starz and the LSTZA/LSTZB ticker symbols? Can I still purchase shares?

On November 28, 2011, Âé¶¹×îгöÆ· Media eliminated its tracking stock structure by converting each share of its Âé¶¹×îгöÆ· Starz common stock into 0.88129 of a share of the corresponding series of Âé¶¹×îгöÆ· Capital common stock. In connection with that transaction, Âé¶¹×îгöÆ· Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. Investors can no longer purchase LSTZA and LSTZB shares.

How do I purchase Âé¶¹×îгöÆ· Media stock?

Âé¶¹×îгöÆ· Media has no direct stock purchase plan. You can purchase Âé¶¹×îгöÆ· Formula One common stock or Âé¶¹×îгöÆ· Live common stock through a broker.

What happened to Âé¶¹×îгöÆ· over the years and the L ticker symbol? Can I still purchase L shares?

On May 9, 2006, shares of the entity formerly known as Âé¶¹×îгöÆ· were exchanged for shares of the Âé¶¹×îгöÆ· Interactive and Âé¶¹×îгöÆ· Capital tracking stocks and the old Âé¶¹×îгöÆ· Series A and Series B shares, which traded under the L and LMC.B ticker symbols, ceased trading. Investors can no longer purchase L or LMC.B shares.

On March 3, 2008, holders of Âé¶¹×îгöÆ· Capital tracking stock were issued shares of Âé¶¹×îгöÆ· Entertainment tracking stock.

On November 20, 2009, holders of Âé¶¹×îгöÆ· Entertainment tracking stock were issued shares of DIRECTV and Âé¶¹×îгöÆ· Starz tracking stock. Âé¶¹×îгöÆ· Entertainment Series A and Series B shares, which traded under the LMDIA and LMDIB ticker symbols, ceased trading.

On September 23, 2011, Âé¶¹×îгöÆ· Interactive Corporation redeemed all of the shares of its Âé¶¹×îгöÆ· Capital common stock in exchange for shares of Âé¶¹×îгöÆ· Media's Âé¶¹×îгöÆ· Capital common stock, and redeemed all of the shares of its Âé¶¹×îгöÆ· Starz common stock for shares of Âé¶¹×îгöÆ· Media's Âé¶¹×îгöÆ· Starz common stock.

Following these redemptions, Âé¶¹×îгöÆ· Media, which previously existed as a subsidiary of Âé¶¹×îгöÆ· Interactive Corporation, was split-off from Âé¶¹×îгöÆ· Interactive Corporation. The redemptions and split-off had no effect on the holders of Âé¶¹×îгöÆ· Interactive common stock. Âé¶¹×îгöÆ· Interactive Corporation (now known as Qurate Retail, Inc.) and Âé¶¹×îгöÆ· Media are now two separate publicly traded companies and are not affiliated with each other.

On November 28, 2011, Âé¶¹×îгöÆ· Media eliminated its tracking stock structure by converting each share of its Âé¶¹×îгöÆ· Starz common stock into 0.88129 of a share of the corresponding series of Âé¶¹×îгöÆ· Capital common stock. In connection with that transaction, Âé¶¹×îгöÆ· Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011.

On January 11, 2013, Âé¶¹×îгöÆ· (formerly known as Âé¶¹×îгöÆ· Spinco, Inc.) was spun-off from Starz (formerly known as Âé¶¹×îгöÆ·). The spin-off was accomplished by the distribution by Starz of a dividend of one share of Âé¶¹×îгöƷ’s Series A common stock for each outstanding share of Starz’s Series A Âé¶¹×îгöÆ· Capital common stock, and one share of Âé¶¹×îгöƷ’s Series B common stock for each outstanding share of Starz’s Series B Âé¶¹×îгöÆ· Capital common stock held as of January 10, 2013. The Âé¶¹×îгöÆ· Media common stock continued to trade under the Nasdaq symbols of LMCA and LMCB.

In April 2016, Âé¶¹×îгöÆ· Media reclassified its common stock into three tracking stocks and each holder of Âé¶¹×îгöƷ’s former Series A, Series B and Series C common stock received 1 share of the corresponding series of Âé¶¹×îгöÆ· SiriusXM common stock (tickers LSXMA/LSXMB/LSXMK), 0.1 of a share of the corresponding series of Âé¶¹×îгöÆ· Braves common stock (tickers BATRA/BATRB/BATRK) and 0.25 of a share of the corresponding series of Âé¶¹×îгöÆ· Media common stock (tickers LMCA/LMCB/LMCK).

In January 2017, Âé¶¹×îгöÆ· Media changed the name of its Âé¶¹×îгöÆ· Media common stock to Âé¶¹×îгöÆ· Formula One common stock (tickers FWONA/FWONB/FWONK) in connection with Âé¶¹×îгöÆ· Media’s acquisition of the Formula 1 business.

In July 2023, Âé¶¹×îгöÆ· Media completed the split-off of Atlanta Braves Holdings, Inc. As a result, Âé¶¹×îгöÆ· Media and Atlanta Braves Holdings, Inc. are separate publicly traded companies.

In August 2023, Âé¶¹×îгöÆ· Media reclassified its existing Âé¶¹×îгöÆ· SiriusXM common stock and Âé¶¹×îгöÆ· Formula One common stock into three new tracking stocks: Âé¶¹×îгöÆ· SiriusXM Group (tickers LSXMA/LSXMB/LSXMK), Âé¶¹×îгöÆ· Formula One Group (tickers FWONA, FWONB, FWONK) and Âé¶¹×îгöÆ· Live Group (ticker LLYVA, LLYVB, LLYVK).

In September 2024, Âé¶¹×îгöÆ· Media competed a transaction with Sirius XM whereby the Âé¶¹×îгöÆ· SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, Âé¶¹×îгöÆ· SiriusXM is no longer a tracking stock group of Âé¶¹×îгöÆ· Media.

Was the 2008 restructuring taxable to Âé¶¹×îгöÆ· shareholders?

The 2008 reclassification and issuance of the Âé¶¹×îгöÆ· Interactive, Âé¶¹×îгöÆ· Entertainment and Âé¶¹×îгöÆ· Capital tracking stocks was structured not to be taxable to shareholders.

What happened to Âé¶¹×îгöÆ· Entertainment and the LMDIA/LMDIB ticker symbol? Can I still purchase shares?

In November 20, 2009, shares of Âé¶¹×îгöÆ· Entertainment were exchanged for shares of DIRECTV and the Âé¶¹×îгöÆ· Starz tracking stock and the old Âé¶¹×îгöÆ· Entertainment Series A and Series B shares ceased trading. Investors can no longer purchase LMDIA or LMDIB shares.

Was the split-off of Âé¶¹×îгöÆ· Entertainment, Inc., and business combination with DIRECTV taxable to Âé¶¹×îгöÆ· Entertainment Shareholders?

The split-off of Âé¶¹×îгöÆ· Entertainment, Inc. and business combination with DIRECTV was structured not to be taxable to Âé¶¹×îгöÆ· shareholders.

Was the September 23, 2011 split-off of the Âé¶¹×îгöÆ· Capital and Âé¶¹×îгöÆ· Starz tracking stock group from Âé¶¹×îгöÆ· Interactive Corporation taxable to Âé¶¹×îгöÆ· Capital, Âé¶¹×îгöÆ· Starz, or Âé¶¹×îгöÆ· Interactive shareholders?

The September 23, 2011 split-off of Âé¶¹×îгöÆ· Capital and Âé¶¹×îгöÆ· Starz from Âé¶¹×îгöÆ· Interactive was structured to not be taxable to Âé¶¹×îгöÆ· Capital, Âé¶¹×îгöÆ· Starz and Âé¶¹×îгöÆ· Interactive shareholders.

How do I exchange my shares of former Series A, Series B and Series C common stock for shares of the new tracking stocks following the April 2016 reclassification?

As a shareholder of record of Âé¶¹×îгöÆ·, you should have received a letter of transmittal to submit with your shares. If you did not receive this document or have misplaced this document, please call Broadridge, Âé¶¹×îгöƷ’s transfer agent at (888) 789-8415 and a customer service representative will be able to assist you.

Does the Company pay a cash dividend?

Âé¶¹×îгöÆ· has not paid a cash dividend on any class of its stock in the past and does not currently intend to pay cash dividends on any class of its stock.

Does Âé¶¹×îгöÆ· hold an annual meeting of shareholders?

Yes. Webcasts of meetings can be found on the IR Calendar page under the Investor Relations section of this website.

When does the Company report financial results?

Âé¶¹×îгöÆ· Media will report within 40 days after the end of the first, second and third quarters and within 60 days after year-end.

Where can I find the Company's financial statements?

Âé¶¹×îгöÆ· Media financial statements can be found on our web site under the Investor Relations section or at .

How do I obtain information about my account or transfer ownership of my stock?

To contact the Company's transfer agent, Broadridge, please go to the Contact section or you can call them directly at (888) 789-8415.

How do I calculate my cost basis?

For more information on calculating your cost basis (tax basis) please visit the page of this Web site.

Where can I get information on current happenings within the Company?

We can add your name to one of our distribution lists, via our Contact Us page, you can view the Press Release section of this Web site or you can visit our Event Calendar pages on this Web site.

Is Âé¶¹×îгöÆ· related to Atlanta Braves Holdings, Inc., Qurate Retail, Inc., Âé¶¹×îгöÆ· Broadband Corporation, Âé¶¹×îгöÆ· TripAdvisor Holdings, Inc., Starz, Âé¶¹×îгöÆ· Global plc or Âé¶¹×îгöÆ· Latin America Ltd.?

Âé¶¹×îгöÆ·, Atlanta Braves Holdings, Inc., Qurate Retail, Inc., Âé¶¹×îгöÆ· Broadband Corporation, Âé¶¹×îгöÆ· TripAdvisor Holdings, Inc., Starz, Âé¶¹×îгöÆ· Global plc and Âé¶¹×îгöÆ· Latin America Ltd. are separate public companies.

Were my shares of Discovery Holding Company or Âé¶¹×îгöÆ· Global affected by the 2008 restructuring?

Shares of Discovery Holding Company and Âé¶¹×îгöÆ· Global were not affected by the 2008 issuance of the Âé¶¹×îгöÆ· Interactive, Âé¶¹×îгöÆ· Entertainment group and Âé¶¹×îгöÆ· Capital tracking stocks.

How can I reach the Company for answers to additional questions?

You can contact us via e-mail at investor@libertymedia.com.

In connection with the dividend of Âé¶¹×îгöÆ·'s Series C common stock on July 23, 2014, how many shares of Series C common stock did I receive?

Holders of Series A and Series B common stock as of 5:00 p.m. E.D.T. time on July 7, 2014, the record date for the dividend, received a dividend of two shares of Series C common stock for each share of Series A or Series B common stock held by them as of the record date. To determine your basis allocation, .

As a Âé¶¹×îгöÆ· shareholder, how many shares of Âé¶¹×îгöÆ· Broadband Corporation (NASDAQ: LBRDA/B/K) did I receive in the November 2014 spin-off?

In the spin-off, record holders of Âé¶¹×îгöƷ’s Series A, Series B and Series C common stock received one-fourth of a share of the corresponding series of Âé¶¹×îгöÆ· Broadband Corporation’s common stock for every whole share of Âé¶¹×îгöÆ·'s common stock, with cash in lieu of fractional shares.

What assets were spun-off as part of Âé¶¹×îгöÆ· Broadband Corporation in November 2014?

Immediately following the spin-off, Âé¶¹×îгöÆ· Broadband Corporation (NASDAQ: LBRDA/B/K) was comprised of among other things, its (i) interest in Charter Communications, Inc., (ii) subsidiary TruePosition, Inc., (iii) minority equity investment in Time Warner Cable Inc., (iv) certain deferred tax liabilities, as well as liabilities related to the Time Warner Cable Inc. call option and (v) net debt of $300 million.

What is the Âé¶¹×îгöÆ· Live Group?

The businesses and assets attributed to the Âé¶¹×îгöÆ· Live Group consist of Âé¶¹×îгöÆ· Media’s interest in Live Nation and other minority investments.

What is the Formula One Group (formerly known as the Âé¶¹×îгöÆ· Media Group)?

The Formula One Group consists of its subsidiaries Formula 1®, MotoGP™, Quint and other minority investments.

As a Âé¶¹×îгöÆ· shareholder, how many shares of Âé¶¹×îгöÆ· Media Group, Braves Group and Âé¶¹×îгöÆ· SiriusXM Group tracking stocks did I receive in the April 2016 reclassification of Âé¶¹×îгöÆ·?

With the reclassification of Âé¶¹×îгöÆ· in April 2016, each holder of Âé¶¹×îгöƷ’s former Series A, Series B and Series C common stock received:

  • 1 share of the corresponding series of Âé¶¹×îгöÆ· SiriusXM common stock
  • 0.1 of a share of the corresponding series of Braves common stock
  • 0.25 of a share of the corresponding series of Âé¶¹×îгöÆ· Media common stock
What happened to the LMCA/LMCB/LMCK ticker symbols?

Following the reclassification in April 2016 described above, the LMCA/LMCB/LMCK ticker symbols were changed to represent the new Âé¶¹×îгöÆ· Media common stock which tracked the Âé¶¹×îгöÆ· Media Group. Following Âé¶¹×îгöÆ· Media’s acquisition of Formula 1 in January 2017, the Âé¶¹×îгöÆ· Media Group was renamed the Formula One Group and the tickers were changed from LMCA/LMCB/LMCK to FWONA/FWONB/FWONK.

Were there any tax implications from Âé¶¹×îгöÆ· Media's acquisition of Formula 1 and the associated name change of the Âé¶¹×îгöÆ· Media Group to the Formula One Group in January 2017?

The Formula 1 acquisition was not taxable to stockholders of Âé¶¹×îгöÆ· Media for U.S. income tax purposes. The name change to the Formula One Group was not taxable for U.S. income tax purposes.