---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-23-000007"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T17:53:15.298317+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liberty Media reports FY2022 results: SiriusXM revenue $9B, F1 up 20%, Braves OIBDA down 36%; plans Braves split-off

## Summary
- SiriusXM full-year 2022 revenue $9.0B (+4% YoY), net income $1.21B, adjusted EBITDA $2.83B; 348k self-pay net adds.
- F1 full-year revenue $2.573B (+20% YoY), adjusted OIBDA $593M (+20%); record 5.7M fan attendance.
- Braves full-year revenue $588M (+4% YoY) but adjusted OIBDA fell 36% to $61M due to higher player salaries and fewer postseason games.
- Liberty Media plans to complete split-off of Atlanta Braves Holdings and create Liberty Live Group tracking stock in Q2 2023.
- No share repurchases in Nov-Jan; remaining authorization $1.1B.

## SEC filing metadata
- accession: 0001560385-23-000007
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000007/0001560385-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000007/lmca-20230301x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-23-000007
- JSON: https://secwatch.observer/filing/0001560385-23-000007.json
- Plain text: https://secwatch.observer/filing/0001560385-23-000007.txt

## Key facts
- Earnings Releases
  Liberty Media Corp reported the year ended December 31, 2022 results: revenue $9.0 billion, net income $1.21 billion, EPS $0.31. Guidance initiated.
  - Period: the year ended December 31, 2022
  - Revenue: $9.0 billion
  - Net income: $1.21 billion
  - EPS: $0.31
  - Guidance: initiated
  - Result: reported results
  source text: o SiriusXM reported strong full year 2022 results ◾ 2022 revenue of $9.0 billion; up 4% year-over-year ◾ Net income of $1.21 billion in 2022 and diluted EPS of $0.31 ◾ Adjusted EBITDA (2) reached $2.83 billion ◾ SiriusXM achieved financial guidance in 2022; reported full-year self-pay net additions of 348 thousand ◾ SiriusXM issued 2023 financial guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000007/0001560385-23-000007-index.htm

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