secwatch / observer

Liberty Media Corp — fact timeline

Source-grounded facts extracted from Liberty Media Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

FWONA Liberty Media Corp JSON
Governance Changes

Liberty Media Corp: Reincorporated from Delaware to Nevada; adopted new Nevada bylaws approved by the board of directors (effective 2026-05-12).

“the affairs of Liberty Media ceased to be governed by the laws of the State of Delaware, Liberty Media’s prior restated certificate of incorporation and Liberty Media’s prior amended and restated bylaws, and instead became governed by the laws of the State of Nevada, the articles of incorporation filed with the Secretary of State of the State of Nevada (the “ Nevada Charter ”) and the bylaws approved by Liberty Media’s board of directors (the “ Nevada Bylaws ”)”
Governance Changes

Liberty Media Corp: Reincorporated from Delaware to Nevada; adopted new Nevada articles of incorporation which eliminated the tracking stock structure (effective 2026-05-12).

“The Nevada Charter eliminated the tracking stock structure set forth in Liberty Media’s prior restated certificate of incorporation”
Shareholder Votes

Liberty Media Corp shareholders approved Approval of one or more adjournments of the annual meeting to permit further solicitation of proxies if necessary at the 2026-05-11 meeting.

“The Adjournment Proposal Votes For Votes Against Abstentions Broker Non-Votes 33,661,566 9,843,568 49,276 2,124,588”
Shareholder Votes

Liberty Media Corp shareholders approved Approval of conversion to a Nevada corporation and adoption of new articles of incorporation at the 2026-05-11 meeting.

“The Conversion Proposal Votes For Votes Against Abstentions Broker Non-Votes 33,617,617 9,887,048 49,745 2,124,588”
Shareholder Votes

Liberty Media Corp shareholders approved Ratification of KPMG LLP as independent auditors for fiscal year 2026 at the 2026-05-11 meeting.

“The Auditors Ratification Proposal Votes For Votes Against Abstentions Broker Non-Votes 45,126,065 447,810 105,123 -”
Shareholder Votes

Liberty Media Corp shareholders approved Election of the following Nominees to the Company’s Board of Directors at the 2026-05-11 meeting.

“Election of the following Nominees to the Company’s Board of Directors Director Nominee Votes For Votes Withheld Broker Non-Votes Derek Chang 38,665,477 4,888,933 2,124,588 Evan D. Malone 37,868,770 5,685,640 2,124,588 Larry E. Romrell 37,489,715 6,064,695 2,124,588”
Earnings Releases

Liberty Media Corp reported financial results for the quarter ended March 31, 2026.

“On May 7, 2026, 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, 2026, filed with the Securities and Exchange Commission (the “SEC”) on May 7, 2026.”
M&A Transactions

Liberty Media Corp completed a disposition involving Liberty Live Holdings, Inc. (closed 2025-12-15).

“On December 15, 2025 at 4:05 p.m., New York City time (the “ Effective Time ”), Liberty Media Corporation (the “ Company ”) completed its previously announced split-off (the “ Split-Off ”) of its former wholly owned subsidiary Liberty Live Holdings, Inc. (“ Liberty Live Holdings ”).”
Equity Issuances

Liberty Media Corp issued 47,297 shares of FWONB of common stock to John C. Malone for shares of FWONK.

“on December 8, 2025, the JM Trust transferred to the Company an aggregate of 47,297 shares of FWONB and in exchange, the Company issued to the JM Trust an equivalent number of shares of the Company's Series C Liberty Formula One common stock, par value $0.01 per share (" FWONK ").”
M&A Transactions

Liberty Media Corp completed an acquisition involving Dorna Sports, S.L. (MotoGP) for cash (closed 2025-07-03).

“On July 3, 2025 (the “Closing Date”), Liberty Media Corporation (“Liberty Media” or the “Company”) completed its previously announced acquisition (the “MotoGP Acquisition”), by Libertad Especia, S.L.U., a private limited company incorporated in Spain and a wholly owned subsidiary of Liberty Media (“Buyer”), of approximately 84% of the equity interests in Dorna Sports, S.L., a private limited company incorporated in Spain (“MotoGP”), for cash”
M&A Transactions

Liberty Media Corp completed an acquisition involving Dorna Sports, S.L., Global Racing LX2 S.à.r.l., Global Racing LX1 S.à.r.l., and Dorna management equity holders for cash on hand of approximately $2.3 billion and borrowings of $1.0 billion under the F1 Facilities Agreement (closed 2025-07-03).

“On July 3, 2025, Liberty Media completed its previously announced acquisition (the “ Acquisition ”), by Libertad Especia, S.L.U., a private limited company incorporated in Spain and a wholly owned subsidiary of Liberty Media (“ Buyer ”), of approximately 84% of the equity interests in Dorna Sports, S.L., a private limited company incorporated in Spain (“ Dorna ”), for cash pursuant to that certain Share Purchase Agreement, dated as of March 29, 2024, by and among Liberty Media, Buyer, Global Racing LX2 S.à.r.l., a company incorporated in Luxembourg, Global Racing LX1 S.à.r.l., a company incorporated in Luxembourg and Dorna management equity holders (the “ Management Sellers ”).”

John C. Malone was appointed as interim Chief Executive Officer at Liberty Media Corp.

“John C. Malone, will assume the additional role of interim Chief Executive Officer of the Company at that time.”

Gregory B. Maffei was appointed as Senior Advisor at Liberty Media Corp.

“Mr. Maffei will serve as a Senior Advisor to the Company effective January 1, 2025.”

Gregory B. Maffei departed as President and Chief Executive Officer at Liberty Media Corp.

“notified the Company that he will be stepping down from these roles at the end of 2024.”
M&A Transactions

Liberty Media Corp completed a disposition involving Liberty Sirius XM Holdings Inc. for redeeming each outstanding share of Liberty SiriusXM common stock in exchange for 0.8375 of a share of New Sirius common stock, with cash in lieu of fractional (closed 2024-09-09).

“the “ Split-Off ”) of its former wholly owned subsidiary, Liberty Sirius XM Holdings Inc. (“ New Sirius ”). The Split-Off was accomplished by Liberty Media redeeming each outstanding share of Liberty SiriusXM common stock, par value $0.01 per”
Earnings Releases

Liberty Media Corp updated its first quarter 2024 guidance (reaffirmed).

“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.”
Material Agreements

Liberty Media Corp entered into Shareholders’ Agreement with Buyer, Dorna, and Initial Management Holders (effective 2024-03-29).

“Concurrent with the entry into the Purchase Agreement and as further contemplated by the Purchase Agreement, Buyer, Dorna and certain Management Sellers (the “ Initial Management Holders ”) entered into a shareholders’ agreement (the “ Shareholders’ Agreement ”),”
Material Agreements

Liberty Media Corp entered into Share Purchase Agreement with Libertad Especia, S.L.U., Global Racing LX2 S.à.r.l., Global Racing LX1 S.à.r.l., and certain Management Sellers valued at aggregate equity value of approximately €3.502 billion (effective 2024-03-29).

“On March 29, 2024, Liberty Media Corporation, a Delaware corporation (“ Liberty Media ”), agreed, subject to certain conditions, to acquire approximately 86% of the equity interests in Dorna Sports, S.L., a private limited company incorporated in Spain (“ Dorna ”), in a transaction with an aggregate equity value of approximately €3.502 billion (the “ Transaction ”). To effect the Transaction, Liberty Media entered into a Share Purchase Agreement (the “ Purchase Agreement ”), with Libertad Especia, S.L.U., a private limited company incorporated in Spain and a wholly owned subsidiary of Liberty Media (“ Buyer ”), Global Racing LX2 S.à.r.l., a company incorporated in Luxembourg (“ Institutional Seller ”), Global Racing LX1 S.à.r.l., a company incorporated in Luxembourg (“ LX1 Seller ”), and certain current Dorna management equity holders (the “ Management Sellers ” and together with the Institutional Seller and LX1 Seller, the “ Sellers ”).”
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.

“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”
Earnings Releases

Liberty Media Corp reported financial results for third quarter 2023.

“Liberty Media Corporation (“Liberty Media” or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today reported third quarter 2023 results.”

Albert E. Rosenthaler departed as Chief Corporate Development Officer at Liberty Media Corp.

“On October 20, 2023, Albert E. Rosenthaler notified Liberty Media Corporation (the “Company”) of his intention to retire from his position as Chief Corporate Development Officer of the Company, effective January 1, 2024, after over 20 years with the Company and its predecessors.”
Earnings Releases

Liberty Media Corp reported second quarter 2023 results: revenue $2.25 billion, net income $310 million, EPS $0.08.

“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”
M&A Transactions

Liberty Media Corp completed a disposition involving Atlanta Braves Holdings, Inc. (closed 2023-07-18).

“On July 18, 2023 at 5:00 p.m., New York City time (the “Effective Time”), Liberty Media Corporation (the “Company”) completed its previously announced split-off (the “Split-Off”) of its former wholly owned subsidiary Atlanta Braves Holdings, Inc. (“Atlanta Braves Holdings”).”
Shareholder Votes

Liberty Media Corp shareholders approved The Adjournment Proposal to approve the adjournment of the Special Meeting by the Company from time to time to solicit additional proxies at the 2023-07-17 meeting.

“5. The Adjournment Proposal Entitled to Vote Votes For Votes Against Abstentions Broker Non-Votes BATRA, BATRB, LSXMA, LSXMB, FWONA, FWONB 229,441,074 3,282,273 52,419 -”
Shareholder Votes

Liberty Media Corp shareholders approved The Liberty Formula One Recapitalization Proposal to reclassify each outstanding share of Liberty Formula One common stock into one share of the corresponding series of new Liberty Formula One common stock and 0.0428 of a share of the corresponding series of Liberty Live common stock at the 2023-07-17 meeting.

“4. The Liberty Formula One Recapitalization Proposal Entitled to Vote Votes For Votes Against Abstentions Broker Non-Votes BATRA, BATRB, LSXMA, LSXMB, FWONA, FWONB 232,566,770 174,576 34,420 -”
Shareholder Votes

Liberty Media Corp shareholders approved The Liberty SiriusXM Recapitalization Proposal to reclassify each outstanding share of Liberty SiriusXM common stock into one share of the corresponding series of new Liberty SiriusXM common stock and 0.2500 of a share of the corresponding series of Liberty Live common stock at the 2023-07-17 meeting.

“3. The Liberty SiriusXM Recapitalization Proposal Entitled to Vote Votes For Votes Against Abstentions Broker Non-Votes BATRA, BATRB, LSXMA, LSXMB, FWONA, FWONB 232,575,242 164,952 35,572 -”
Shareholder Votes

Liberty Media Corp shareholders approved The Tracking Stock Proposal to approve the amendment and restatement of the Company’s restated certificate of incorporation to, among other things, following the completion of the Split-Off, reclassify the Company’s then-outstanding shares of common stock into three new tracking stocks at the 2023-07-17 meeting.

“2. The Tracking Stock Proposal Entitled to Vote Votes For Votes Against Abstentions Broker Non-Votes BATRA, BATRB, LSXMA, LSXMB, FWONA, FWONB 232,574,650 177,996 23,120 -”
Shareholder Votes

Liberty Media Corp shareholders approved The Split-Off Proposal to approve the redemption by the Company of each outstanding share of Liberty Braves common stock in exchange for one share of the corresponding series of common stock of Atlanta Braves Holdings, Inc. at the 2023-07-17 meeting.

“At Liberty Media Corporation’s (the " Company ") special meeting of stockholders held on July 17, 2023 (the " Special Meeting "), the following proposals were considered and acted upon by the stockholders of the Company: (1) a proposal (the " Split-Off Proposal ") to approve the redemption by the Company of each outstanding share of Liberty Braves common stock in exchange for one share of the corresponding series of common stock of Atlanta Braves Holdings, Inc.”
Shareholder Votes

Liberty Media Corp shareholders approved Ratify the selection of KPMG LLP as the Company’s independent auditors for the fiscal year ending December 31, 2023 at the 2023-06-06 meeting.

“Accordingly, the auditors ratification proposal was approved.”
Shareholder Votes

Liberty Media Corp shareholders approved Election of Derek Chang, Evan D. Malone and Larry E. Romrell to continue serving as Class I members of the board of directors at the 2023-06-06 meeting.

“The number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each proposal are set forth below.”
Earnings Releases

Liberty Media Corp reported financial results for first quarter 2023.

“LIBERTY MEDIA CORPORATION REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS ​ ​ Englewood, Colorado, May 5, 2023- Liberty Media Corporation ("Liberty Media" or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported first quarter 2023 results.”
Earnings Releases

Liberty Media Corp reported the year ended December 31, 2022 results: revenue $9.0 billion, net income $1.21 billion, EPS $0.31. Guidance initiated.

“o SiriusXM reported strong full year 2022 results ◾ 2022 revenue of $9.0 billion; up 4% year-over-year ◾ Net income of $1.21 billion in 2022 and diluted EPS of $0.31 ◾ Adjusted EBITDA (2) reached $2.83 billion ◾ SiriusXM achieved financial guidance in 2022; reported full-year self-pay net additions of 348 thousand ◾ SiriusXM issued 2023 financial guidance”

David E. Rapley resigned as Director at Liberty Media Corp.

“On March 9, 2022, David E. Rapley resigned from the board of directors (the “Board”) of Liberty Media Corporation (the “Company”), effective April 4, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.