Recent 8-K filings for FWONA

• May 7, 2026, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01 ◈ Earnings Releases

  Liberty Media Q1: F1 revenue $617M (+53%), Adj. OIBDA $172M (+102%)

  F1 revenue $617M (+53%); operating income $107M (vs -$28M prior year); Adjusted OIBDA $172M (+102%)

• February 26, 2026, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Liberty Media 2025: F1 revenue $3.87B (+14%), OI $632M; MotoGP OI $54M (+86%)

  F1 full-year revenue $3.873B (+14%), operating income $632M (+28%), Adjusted OIBDA $946M (+20%), fan attendance 6.75M (+4%).

• December 15, 2025, 6:59 PM ET other material materiality 0.75 neutral item 1.01item 2.01item 3.01item 7.01item 8.01item 9.01 ◈ M&A Transactions

  Liberty Media completes split-off of Liberty Live Holdings; Liberty Live begins trading Dec 16

  Effective at 4:05 p.m. Dec 15, 2025; each share of Liberty Live common stock exchanged for one share of Liberty Live Holdings common stock.

• December 8, 2025, 6:59 PM ET other material materiality 0.75 neutral item 3.01item 5.07item 8.01item 9.01

  Liberty Media split-off of Liberty Live Holdings approved; delisting Dec 15, new listing Dec 16

  Stockholders approved split-off at Dec 5 special meeting; Liberty Live common stock to be redeemed 1-for-1 for new Liberty Live Group shares.

• November 5, 2025, 6:59 PM ET earnings materiality 0.80 neutral item 2.02item 9.01

  Liberty Media Q3 2025: F1 revenue up 1% to $869M; MotoGP acquired July 3; Liberty Live split-off set for Dec 15

  F1 Q3 revenue $869M (+1% YoY); operating income $168M (+15%); Adjusted OIBDA $234M (+6%).

• October 29, 2025, 7:59 PM ET leadership materiality 0.75 neutral item 5.02item 7.01item 9.01

  John Malone to step down as Liberty Media Chairman effective Jan 1, 2026; Bennett succeeds

  John Malone resigns from Board and Chairman role Dec 31, 2025; becomes Chairman Emeritus Jan 1, 2026.

• October 14, 2025, 7:59 PM ET other material materiality 0.70 neutral item 8.01item 9.01

  Liberty Media sets Dec 5 special meeting for Liberty Live split-off vote

  Virtual special meeting on Dec 5, 2025, for LLYVA and LLYVB holders to vote on redemptive split-off of Liberty Live Group.

• September 17, 2025, 7:59 PM ET M&A materiality 0.85 neutral item 9.01item 2.01 ◈ M&A Transactions

  Liberty Media completes ~84% MotoGP acquisition; pro forma H1 2025 net income $155M, FY2024 net loss $156M

  Acquired ~84% of Dorna Sports (MotoGP) for cash on July 3, 2025; ~16% retained by rollover sellers.

• August 18, 2025, 7:59 PM ET debt materiality 0.70 positive item 7.01item 9.01

  Liberty Media Announces Closing of MotoGP Debt Refinancing and Maturity Extension

  Dorna Sports closed refinancing of €800M Term Loan B maturing Aug 2032, replacing €975M loan with Mar 2029 maturity.

• August 7, 2025, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Liberty Media Q2: F1 revenue +41% to $1.23B; MotoGP acquired; Live split-off on track

  Formula One Group Q2 revenue $1.34B (+36% YoY); Adjusted OIBDA $369M (+124% YoY).

• July 3, 2025, 7:59 PM ET M&A materiality 0.90 positive item 1.01item 2.01item 2.03item 7.01item 9.01 ◈ M&A Transactions

  Liberty Media closes ~84% acquisition of Dorna Sports (MotoGP) for ~$3.3B; funds with cash and new debt

  Acquired ~84% of Dorna; remaining ~16% retained by management sellers.

• June 23, 2025, 7:59 PM ET M&A materiality 0.90 positive item 7.01item 9.01

  European Commission clears Liberty Media's acquisition of MotoGP; closing by July 3, 2025

  Unconditional approval from European Commission is final condition; transaction closes no later than July 3, 2025.

• May 30, 2025, 7:59 PM ET other material materiality 0.65 neutral item 1.01item 2.03item 9.01

  Liberty Media enters forward contracts on up to 10.5M Live Nation shares; $1.15B prepayment capacity for split-off

  LN Holdings 1, LLC signs forward contracts with Santander, Citibank, Morgan Stanley, Mizuho covering up to 10,488,960 LYV shares.

• May 29, 2025, 7:59 PM ET other material materiality 0.65 neutral item 8.01

  Liberty Media enters forward contracts on up to 10.5M Live Nation shares to fund Split-Off liquidity

  LNSPV enters variable forward contracts with Santander, Citibank, Morgan Stanley, Mizuho for up to 10,488,960 Live Nation shares.

• May 7, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01

  Liberty Media Q1: F1 revenue down 27% to $403M; operating loss of $28M

  Formula One Group revenue $447M vs $587M in Q1 2024; operating loss $67M vs income $95M.

• February 28, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Liberty Media F1 revenue +6% in 2024; Q4 revenue -8% YoY with Las Vegas GP drag

  F1 FY2024 revenue $3,411M (+6% YoY), Adjusted OIBDA $791M (+9%), operating income $492M (+26%).

• January 8, 2025, 6:59 PM ET leadership materiality 0.70 positive item 5.02item 7.01item 9.01

  Liberty Media names Derek Chang as President & CEO effective Feb 1, 2025; Malone remains Chairman

  Derek Chang appointed President & CEO, effective Feb 1, 2025; John Malone resigns as CEO, stays Chairman.

• December 19, 2024, 6:59 PM ET M&A materiality 0.70 neutral item 1.01item 7.01

  Liberty Media extends Dorna (MotoGP) acquisition longstop date to June 2025 after EC Phase II review

  EC initiated Phase II investigation of Liberty Media's €3.5B Dorna acquisition on Dec 19.

• November 13, 2024, 6:59 PM ET other material materiality 0.85 positive item 5.02item 7.01item 8.01item 9.01 ◈ executive_change ×3

  Liberty Media CEO Maffei to step down; co plans split-off of Liberty Live Group

  Greg Maffei steps down as President & CEO at year-end 2024; John Malone to serve as interim CEO effective Jan 1, 2025.

• November 12, 2024, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  F1 Q3 OIBDA up 3% to $221M; MotoGP funding secured, SiriusXM split-off completed

  F1 revenue $861M (-3% YoY on one fewer race); primary revenue declined 4%, other revenue up 6%.

• September 20, 2024, 7:59 PM ET debt materiality 0.75 positive item 1.01item 2.03item 7.01item 9.01

  Formula 1 closes $1.7B Term Loan B refinancing, secures $1B incremental funding for MotoGP acquisition

  Refinanced $1.7B Term Loan B (due 2030) into new one due 2031; extended $689M Term Loan A and $500M revolver from 2028 to 2029.

• September 10, 2024, 7:59 PM ET M&A materiality 0.75 positive item 2.01item 3.01item 7.01item 9.01

  Liberty Media completes split-off of Sirius XM, merger creates independent Sirius XM Holdings

  On Sept 9, 2024, Liberty Media split-off Liberty Sirius XM Holdings by exchanging each share for 0.8375 New Sirius shares.

• September 4, 2024, 7:59 PM ET M&A materiality 0.80 neutral item 8.01item 9.01

  Liberty Media and Sirius XM set final exchange ratios for split-off and merger; New SiriusXM to trade SIRI Sep 10

  Each LSXMA/B/C share will be redeemed for 0.8375 share of New Sirius common stock, plus cash for fractions.

• September 3, 2024, 7:59 PM ET debt materiality 0.65 neutral item 2.02

  Liberty Media proposes $850M incremental term loan B for Formula 1; discloses $1.457B cash at Aug 31, 2024

  Formula 1 hosting lender presentation on Sep 3, 2024 for proposed incremental $850M term loan B.

• August 27, 2024, 7:59 PM ET other material materiality 0.85 neutral item 3.01item 8.01item 5.07

  Liberty Media shareholders approve SiriusXM split-off; LSXMA/B/K to delist Sept 9, new SIRI ticker starts Sept 10

  Shareholders of LSXMA and LSXMB approved Split-Off Proposal with 171.4M votes for, 69K against, 244K abstentions.

Executive changes

Materiality & sentiment trend

Max materiality 0.90 · Median 0.57 · Most common event other_material

12 positive 1 negative 37 neutral

source · FWONA on sec.gov