{"schema_version":"secwatch.filing_event.v1","accession":"0001560385-25-000011","form_type":"8-K","ticker":"FWONA","cik":"0001560385","company_name":"Liberty Media Corp","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.764229+00:00","generated_at":"2026-05-22T07:59:11.089680+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Liberty Media Q1: F1 revenue down 27% to $403M; operating loss of $28M","bullets":["Formula One Group revenue $447M vs $587M in Q1 2024; operating loss $67M vs income $95M.","F1 Adjusted OIBDA $85M vs $208M; two races held vs three last year.","Renewed Mexico GP through 2028, Miami GP through 2041; 2026 Concorde Agreement signed.","Live Nation investment fair value $9.1B; no share repurchases Feb–Apr; $1.1B authorization left.","Formula One Group cash $2.833B; F1 leverage 1.2x; MotoGP acquisition regulatory process ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0001560385-25-000011","json":"https://secwatch.observer/filing/0001560385-25-000011.json","markdown":"https://secwatch.observer/filing/0001560385-25-000011.md","text":"https://secwatch.observer/filing/0001560385-25-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560385/000156038525000011/0001560385-25-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560385/000156038525000011/lmca-20250507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T07:59:11.089680+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}