---
schema_version: "secwatch.filing_event.v1"
accession: "0001560385-24-000010"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:58:09.700763+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liberty Media Q1 2024: F1 revenue up 45%, SiriusXM up 1%; announces €3.5B MotoGP acquisition

## Summary
- Liberty SiriusXM Group revenue $2.162B (+1% YoY); SiriusXM net income $265M, adj. EBITDA $650M (+4%).
- Formula One Group revenue $587M (+54% YoY); operating income $136M vs $35M; adj. OIBDA $202M vs $105M.
- Planned MotoGP acquisition for €3.5B equity value; expected close by year-end 2024; MotoGP mgmt retains 14%.
- Live Nation investment fair value $7.4B; no share repurchases; remaining buyback authorization $1.1B.

## SEC filing metadata
- accession: 0001560385-24-000010
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2024-05-08T23:59:59+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/1560385/000156038524000010/0001560385-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000156038524000010/lmca-20240508x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560385-24-000010
- JSON: https://secwatch.observer/filing/0001560385-24-000010.json
- Plain text: https://secwatch.observer/filing/0001560385-24-000010.txt

## Key facts
- Earnings Releases
  Liberty Media Corp updated its first quarter 2024 guidance (reaffirmed).
  - Period: first quarter 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 8, 2024, Liberty Media Corporation (the “Company”) issued a press release (the “Earnings Release”) setting forth information, including financial information, which is intended to supplement the financial statements and related Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, filed with the Securities and Exchange Commission (the “SEC”) on May 8, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560385/000156038524000010/0001560385-24-000010-index.htm

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