home · filing · 0001104659-24-117311
8-K filed November 13, 2024, 6:59 PM ET
ticker FWONA
CIK 0001560385
other material
confidence high
sentiment positive
materiality 0.85
Liberty Media CEO Maffei to step down; co plans split-off of Liberty Live Group
Liberty Media Corp
Greg Maffei steps down as President & CEO at year-end 2024; John Malone to serve as interim CEO effective Jan 1, 2025.
Maffei will remain as Senior Advisor to support the transition starting January 1, 2025.
Liberty Media to split-off Liberty Live Group by redeeming Liberty Live shares for new company Liberty Live, Inc., expected H2 2025.
Liberty Live, Inc. will hold ~69.6M Live Nation shares, Quint, and private assets; Liberty Media retains Formula 1 and MotoGP.
Split-off aims to simplify capital structure, reduce NAV discount, and enhance trading liquidity at both entities.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2025-01-01
Filed November 13, 2024, 6:59 PM ET
John C. Malone, will assume the additional role of interim Chief Executive Officer of the Company at that time.
Effective 2024-12-31
Successor John C. Malone
Filed November 13, 2024, 6:59 PM ET
notified the Company that he will be stepping down from these roles at the end of 2024.
Appointed
Gregory B. Maffei
Senior Advisor
FWONA ·
Liberty Media Corp
Effective 2025-01-01
Filed November 13, 2024, 6:59 PM ET
Mr. Maffei will serve as a Senior Advisor to the Company effective January 1, 2025.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
John C. Malone was appointed as interim Chief Executive Officer at Liberty Media Corp.
Action appointed
Role interim Chief Executive Officer
Exact text from the filing
John C. Malone, will assume the additional role of interim Chief Executive Officer of the Company at that time.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gregory B. Maffei departed as President and Chief Executive Officer at Liberty Media Corp.
Action stepped down
Role President and Chief Executive Officer
Exact text from the filing
notified the Company that he will be stepping down from these roles at the end of 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gregory B. Maffei was appointed as Senior Advisor at Liberty Media Corp.
Action appointed
Role Senior Advisor
Exact text from the filing
Mr. Maffei will serve as a Senior Advisor to the Company effective January 1, 2025.
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-24-117311
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