Liberty Media completes split-off of Liberty Live Holdings; LLYVA/LLYVK begin trading Dec 16
Liberty Live Holdings, Inc.
- Effective Dec 15, 2025, Liberty Live Holdings is an independent public company; each Liberty Media Liberty Live share exchanged for one Liberty Live Group share.
- Series A (LLYVA) and Series C (LLYVK) common stock begin trading on Nasdaq Dec 16; Series B (LLYVB) quoted on OTC Markets Dec 17.
- Liberty Live assumed $1.15B of 2.375% Exchangeable Senior Debentures due 2053; holders have repurchase/exchange rights post split-off.
- Board expanded to five directors: Robert Bennett (Chair), Derek Chang, Carl Vogel, David Flowers, Bill Kurtz; Renee Wilm and Chad Hollingsworth resigned from board but remain officers.
- Outstanding shares: ~25.6M Series A, 2.5M Series B, 63.8M Series C Liberty Live Group common stock.