---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-24-000004"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:48:09.074272+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liberty Media FY2023: SiriusXM rev $8.95B, F1 rev $3.222B; debt down, combo by Q3

## Summary
- SiriusXM FY 2023 revenue $8.95B (-1% YoY); net income $1.26B; adjusted EBITDA $2.79B; free cash flow $1.20B.
- Liberty SiriusXM Group debt reduced $279M in Q4 and $782M full year; combination with SiriusXM expected early Q3 2024.
- F1 FY 2023 revenue $3.222B (+25% YoY); adjusted OIBDA $725M (+22% YoY); record 6M race attendance.
- Inaugural Las Vegas Grand Prix generated 16B global social media impressions; F1 signed new Madrid GP from 2026.
- Liberty Live Group: Live Nation investment fair value $6.5B at Dec 31; remaining share repurchase authorization $1.1B.

## SEC filing metadata
- accession: 0001560385-24-000004
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2024-02-28T23:59:59+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/1560385/000156038524000004/0001560385-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038524000004/lmca-20240228x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-24-000004
- JSON: https://secwatch.observer/filing/0001560385-24-000004.json
- Plain text: https://secwatch.observer/filing/0001560385-24-000004.txt

## Key facts
- Earnings Releases
  Liberty Media Corp reported the year ended December 31, 2023 results: revenue $8.95 billion, net income $1.26 billion, EPS $0.32.
  - Period: the year ended December 31, 2023
  - Revenue: $8.95 billion
  - Net income: $1.26 billion
  - EPS: $0.32
  - Result: reported results
  source text: SiriusXM reported fourth quarter and full year 2023 operating and financial results ◾ 2023 full year revenue of $8.95 billion ◾ Full year net income of $1.26 billion and diluted EPS of $0.32
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000156038524000004/0001560385-24-000004-index.htm

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