---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-117311"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T00:54:38.925291+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Liberty Media CEO Maffei to step down; co plans split-off of Liberty Live Group

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-117311
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560385/000110465924117311/0001104659-24-117311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000110465924117311/tm2428305d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-117311
- JSON: https://secwatch.observer/filing/0001104659-24-117311.json
- Plain text: https://secwatch.observer/filing/0001104659-24-117311.txt

## Key facts
- Executive change
  John C. Malone was appointed as interim Chief Executive Officer at Liberty Media Corp.
  - Action: appointed
  - Role: interim Chief Executive Officer
  source text: John C. Malone, will assume the additional role of interim Chief Executive Officer of the Company at that time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000110465924117311/0001104659-24-117311-index.htm
- Executive change
  Gregory B. Maffei departed as President and Chief Executive Officer at Liberty Media Corp.
  - Action: stepped down
  - Role: President and Chief Executive Officer
  source text: notified the Company that he will be stepping down from these roles at the end of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000110465924117311/0001104659-24-117311-index.htm
- Executive change
  Gregory B. Maffei was appointed as Senior Advisor at Liberty Media Corp.
  - Action: appointed
  - Role: Senior Advisor
  source text: Mr. Maffei will serve as a Senior Advisor to the Company effective January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000110465924117311/0001104659-24-117311-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.