---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-23-000034"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:58:00.898435+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liberty Media Q2: SiriusXM rev flat at $2.25B, F1 rev -3%; Braves split-off done, tracker reclassification complete

## Summary
- Liberty SiriusXM Group revenue $2.25B (flat YoY); SiriusXM net income $310M (+6%), adj. EBITDA $702M (+3%).
- Formula One Group revenue $724M (-3% YoY) on six races vs seven; adj. OIBDA $155M (flat).
- Completed Braves split-off on July 18 and tracker reclassification on Aug 3, creating Liberty Live Group.
- No share repurchases May-July; remaining repurchase authorization $1.1B.
- F1 extended Austrian GP until 2030 and Hungarian GP until 2032; Heineken extended as Global Partner.

## SEC filing metadata
- accession: 0001560385-23-000034
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2023-08-04T23:59:59+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/1560385/000156038523000034/0001560385-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000034/lmca-20230804x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-23-000034
- JSON: https://secwatch.observer/filing/0001560385-23-000034.json
- Plain text: https://secwatch.observer/filing/0001560385-23-000034.txt

## Key facts
- Earnings Releases
  Liberty Media Corp reported second quarter 2023 results: revenue $2.25 billion, net income $310 million, EPS $0.08.
  - Period: second quarter 2023
  - Revenue: $2.25 billion
  - Net income: $310 million
  - EPS: $0.08
  - Result: reported results
  source text: SiriusXM reported second quarter 2023 operating and financial results ◾ Second quarter 2023 revenue of $2.25 billion ◾ Net income of $310 million, up 6% year-over-year; diluted EPS of $0.08
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000034/0001560385-23-000034-index.htm

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