Sector: Consumer Cyclicals | Industry: Broadcasting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 12300 Liberty Blvd ENGLEWOOD CO 80112-7009 |
Tel: | N/A |
Website: | https://www.libertymedia.com |
IR: | See website |
Key People | ||
John C. Malone Chairman of the Board | Gregory B. Maffei President, Chief Executive Officer, Director | Brian J. Wendling Principal Financial Officer, Chief Accounting Officer | Renee L. Wilm Chief Administrative Officer, Chief Legal Officer |
Business Overview |
Liberty Media Corporation operates and owns interests in a range of media, communications, and entertainment businesses. The Company's businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Formula One Group, and the Liberty Live Group. Its Sirius XM Holdings segment operates two complementary audio entertainment businesses, SiriusXM and Pandora and Off-platform. SiriusXM features music, sports, entertainment, comedy, talk, news, traffic and weather channels and other content, as well as podcasts and infotainment services, in the United States on a subscription fee basis. SiriusXM's packages include live, curated and certain exclusive and on-demand programming. Its Formula 1 segment is a global motorsports business that holds commercial rights with respect to the World Championship, an annual, approximately nine-month long, motor race-based competition. It is also a provider of premium experiences at the world's sports and entertainment events. |
Financial Overview |
For the fiscal year ended 31 December 2023, Liberty Media Corp revenues increased 25% to $3.22B. Net income decreased 67% to $185M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by G/L on Invest. HFS, Maturity & Trading decrease of 63% to $42M (income), Interest expense increase of 44% to $214M (expense). |
Employees: | 6,400 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $30,610M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,222M as of Dec 31, 2023 |
EBITDA (TTM): | $666.00M as of Dec 31, 2023 |
Net annual income (TTM): | $185.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $193.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,498M as of Dec 31, 2023 |
Shares outstanding: | 234,666,862 as of Jan 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |