---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-23-000052"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:23:19.723758+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liberty Media Q3 2023: SiriusXM net income +47%, F1 revenue +24%, debenture issuance

## Summary
- SiriusXM revenue $2.27B; net income $363M (+47% YoY); adjusted EBITDA $747M (+4%).
- Formula 1 revenue $887M (+24% YoY) on 8 vs 7 races; operating income $132M (+61%).
- Liberty Live Group issued $1.15B 2.375% exchangeable debentures due 2053; repurchased $858M of 0.5% debentures.
- Proposed combination of Liberty SiriusXM and SiriusXM to simplify structure; SiriusXM reiterated 2023 guidance.
- No share repurchases Aug–Oct; remaining authorization $1.1B; retired $199M 1.375% notes in October.

## SEC filing metadata
- accession: 0001560385-23-000052
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1560385/000156038523000052/0001560385-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000052/lmca-20231103x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-23-000052
- JSON: https://secwatch.observer/filing/0001560385-23-000052.json
- Plain text: https://secwatch.observer/filing/0001560385-23-000052.txt

## Key facts
- Earnings Releases
  Liberty Media Corp reported financial results for third quarter 2023.
  - Period: third quarter 2023
  - Result: reported results
  source text: Liberty Media Corporation (“Liberty Media” or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today reported third quarter 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000156038523000052/0001560385-23-000052-index.htm

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