What is ÎçҹѰ»¨?

ÎçҹѰ»¨ owns interests in a broad range of media, entertainment and sports businesses. Those interests are attributed to two tracking stock groups: the ÎçҹѰ»¨ Live Group and the Formula One Group.

What are the differences between each of the ÎçҹѰ»¨ Formula One common stock and ÎçҹѰ»¨ Live common stock and the Series A, Series B and Series C common stocks?
  • The ÎçҹѰ»¨ Formula One common stock and the ÎçҹѰ»¨ Live common stock are intended to track and reflect the economic performance of the businesses, assets and liabilities attributed to the Formula Group and the ÎçҹѰ»¨ Live Group, respectively.
  • Series A common stock has one vote per share, Series B common stock has ten votes per share and Series C common stock is non-voting stock (subject to certain exceptions in the case of Series C common stock).
  • Series B common stock is exchangeable at any time by the holder on a one-for-one basis for Series A common stock. Series A and Series C common stock are not exchangeable at any time by the holder of such stock.
What are your stock symbols?
  • The Series A and Series C ÎçҹѰ»¨ Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B ÎçҹѰ»¨ Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
  • The Series A and Series C ÎçҹѰ»¨ Live common stock trade on the Nasdaq Global Select Market under the stock symbols LLYVA and LLYVK, respectively. The Series B ÎçҹѰ»¨ Live common stock is quoted on the OTC Markets under the symbol LLYVB.
What happened to the ÎçҹѰ»¨ SiriusXM Group and LSXMA/LSXMB/LSXMK ticker symbols? Can I still purchase shares?

On September 9, 2024, ÎçҹѰ»¨ Media competed the transaction with Sirius XM whereby the ÎçҹѰ»¨ SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, ÎçҹѰ»¨ SiriusXM is no longer a tracking stock group of ÎçҹѰ»¨ Media.

Do I need to take any action to exchange my shares of former LSXMA, LSXMB and LSXMK common stock for shares of the new Sirius XM stock following the transaction?

No additional action needs to be taken by shareholders. As part of the transaction, ÎçҹѰ»¨ SiriusXM shareholders received [0.83] shares of the new Sirius XM common stock (NASDAQ: SIRI) for each outstanding share of ÎçҹѰ»¨ SiriusXM common stock previously held, with cash paid in lieu of fractional shares. If you have further questions, please call Broadridge, ÎçҹѰ»¨â€™s transfer agent at (888) 789-8415.

Was the 2024 split-off of ÎçҹѰ»¨ SiriusXM Group and the subsequent merger with Sirius XM Holdings Inc. taxable to ÎçҹѰ»¨ SiriusXM shareholders?

The split-off and reclassification were structured not to be taxable to ÎçҹѰ»¨ shareholders; additional information on tax implications can be found in the filed S-4 here.

Were the 2023 split-off of Atlanta Braves Holdings, Inc. and reclassification of ÎçҹѰ»¨ Media tracking stocks taxable to ÎçҹѰ»¨ Media shareholders?
  • The split-off and reclassification were structured not to be taxable to ÎçҹѰ»¨ shareholders; additional information on tax implications can be found in the filed S-4 here.
Do I need to take any action to exchange my shares of former Series A, Series B and Series C common stock for shares of the new tracking stocks following the August 2023 reclassification?
  • No additional action needs to be taken by shareholders. In the reclassification, each outstanding share of ÎçҹѰ»¨ SiriusXM common stock was reclassified into one share of the corresponding series of new ÎçҹѰ»¨ SiriusXM common stock and 0.2500 of a share of the corresponding series of ÎçҹѰ»¨ Live common stock, and each outstanding share of ÎçҹѰ»¨ Formula One common stock was reclassified into one share of the corresponding series of new ÎçҹѰ»¨ Formula One common stock and 0.0428 of a share of the corresponding series of ÎçҹѰ»¨ Live common stock. If you have further questions, please call Broadridge, ÎçҹѰ»¨â€™s transfer agent at (888) 789-8415.
What happened to the Braves Group and BATRA/BATRB/BATRK ticker symbols? Can I still purchase shares?
  • ÎçҹѰ»¨ Media completed the split-off of Atlanta Braves Holdings, Inc. on July 18, 2023. As a result, ÎçҹѰ»¨ Media and Atlanta Braves Holdings are separate publicly traded companies. Atlanta Braves Holdings consists of the assets and liabilities previously attributed to the Braves Group tracking stock of ÎçҹѰ»¨ Media, including the Atlanta Braves baseball club and the associated mixed-use development project, The Battery Atlanta. Atlanta Braves Holdings, Inc. stock trades under the same tickers as the previous Braves Group tracking stock (NASDAQ: BATRA, BATRK; OTC: BATRB).
Prior to the September 2011 split-off, as a shareholder of ÎçҹѰ»¨ Interactive Corporation, how many shares of ÎçҹѰ»¨ Interactive and ÎçҹѰ»¨ Capital tracking stock did I receive in the May 2006 restructuring?

Each holder of the then-ÎçҹѰ»¨ Series A common stock received 0.25 of a share of ÎçҹѰ»¨ Interactive Series A common stock and 0.05 of a share of ÎçҹѰ»¨ Capital Series A common stock for each share of old ÎçҹѰ»¨ Series A common stock held; and each holder of the then-ÎçҹѰ»¨ Series B common stock received 0.25 of a share of ÎçҹѰ»¨ Interactive Series B common stock and 0.05 of a share of ÎçҹѰ»¨ Capital Series B common stock for each share of old ÎçҹѰ»¨ Series B common stock held.

As a ÎçҹѰ»¨ Capital group shareholder how many shares of ÎçҹѰ»¨ Entertainment tracking stock did I receive in the March 2008 reclassification at ÎçҹѰ»¨ Interactive Corporation?

With the reclassification of ÎçҹѰ»¨ Capital in March 2008, each holder of ÎçҹѰ»¨ Capital group Series A common stock received 4 shares of ÎçҹѰ»¨ Entertainment Series A common stock and maintained existing holdings of ÎçҹѰ»¨ Capital group Series A common stock.

Each holder of ÎçҹѰ»¨ Capital group Series B common stock received 4 shares of ÎçҹѰ»¨ Entertainment Series B common stock and maintained existing holdings of ÎçҹѰ»¨ Capital group Series B common stock.

Shares of ÎçҹѰ»¨ Interactive were not affected by the reclassification of the ÎçҹѰ»¨ Capital common stock.

As a shareholder, how many shares of ÎçҹѰ»¨'s ÎçҹѰ»¨ Capital or ÎçҹѰ»¨ Starz common stock did I receive in the September 2011 split-off the ÎçҹѰ»¨ Capital and ÎçҹѰ»¨ Starz tracking stock groups from ÎçҹѰ»¨ Interactive Corporation?

Each holder of ÎçҹѰ»¨ Interactive Corporation's ÎçҹѰ»¨ Capital Series A common stock received 1 share of ÎçҹѰ»¨ Media's ÎçҹѰ»¨ Capital Series A common stock.

Each holder of ÎçҹѰ»¨ Interactive Corporation's ÎçҹѰ»¨ Capital Series B common stock received 1 share of ÎçҹѰ»¨ Media's ÎçҹѰ»¨ Capital Series B common stock.

Each holder of ÎçҹѰ»¨ Interactive Corporation's ÎçҹѰ»¨ Starz Series A common stock received 1 share of ÎçҹѰ»¨ Media's ÎçҹѰ»¨ Starz Series A common stock.

Each holder of ÎçҹѰ»¨ Interactive Corporation's ÎçҹѰ»¨ Starz Series B common stock received 1 share of ÎçҹѰ»¨ Media's ÎçҹѰ»¨ Starz Series B common stock.

What happened to ÎçҹѰ»¨ Capital and the LCAPA/LCAPB ticker symbols? Can I still purchase shares?

On November 28, 2011, ÎçҹѰ»¨ Media eliminated its tracking stock structure by converting each share of its ÎçҹѰ»¨ Starz common stock into 0.88129 of a share of the corresponding series of ÎçҹѰ»¨ Capital common stock. In connection with that transaction, ÎçҹѰ»¨ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. The ticker symbols LCAPA and LCAPB are no longer used.

What happened to ÎçҹѰ»¨ Starz and the LSTZA/LSTZB ticker symbols? Can I still purchase shares?

On November 28, 2011, ÎçҹѰ»¨ Media eliminated its tracking stock structure by converting each share of its ÎçҹѰ»¨ Starz common stock into 0.88129 of a share of the corresponding series of ÎçҹѰ»¨ Capital common stock. In connection with that transaction, ÎçҹѰ»¨ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. Investors can no longer purchase LSTZA and LSTZB shares.

How do I purchase ÎçҹѰ»¨ Media stock?

ÎçҹѰ»¨ Media has no direct stock purchase plan. You can purchase ÎçҹѰ»¨ Formula One common stock or ÎçҹѰ»¨ Live common stock through a broker.

What happened to ÎçҹѰ»¨ over the years and the L ticker symbol? Can I still purchase L shares?

On May 9, 2006, shares of the entity formerly known as ÎçҹѰ»¨ were exchanged for shares of the ÎçҹѰ»¨ Interactive and ÎçҹѰ»¨ Capital tracking stocks and the old ÎçҹѰ»¨ Series A and Series B shares, which traded under the L and LMC.B ticker symbols, ceased trading. Investors can no longer purchase L or LMC.B shares.

On March 3, 2008, holders of ÎçҹѰ»¨ Capital tracking stock were issued shares of ÎçҹѰ»¨ Entertainment tracking stock.

On November 20, 2009, holders of ÎçҹѰ»¨ Entertainment tracking stock were issued shares of DIRECTV and ÎçҹѰ»¨ Starz tracking stock. ÎçҹѰ»¨ Entertainment Series A and Series B shares, which traded under the LMDIA and LMDIB ticker symbols, ceased trading.

On September 23, 2011, ÎçҹѰ»¨ Interactive Corporation redeemed all of the shares of its ÎçҹѰ»¨ Capital common stock in exchange for shares of ÎçҹѰ»¨ Media's ÎçҹѰ»¨ Capital common stock, and redeemed all of the shares of its ÎçҹѰ»¨ Starz common stock for shares of ÎçҹѰ»¨ Media's ÎçҹѰ»¨ Starz common stock.

Following these redemptions, ÎçҹѰ»¨ Media, which previously existed as a subsidiary of ÎçҹѰ»¨ Interactive Corporation, was split-off from ÎçҹѰ»¨ Interactive Corporation. The redemptions and split-off had no effect on the holders of ÎçҹѰ»¨ Interactive common stock. ÎçҹѰ»¨ Interactive Corporation (now known as Qurate Retail, Inc.) and ÎçҹѰ»¨ Media are now two separate publicly traded companies and are not affiliated with each other.

On November 28, 2011, ÎçҹѰ»¨ Media eliminated its tracking stock structure by converting each share of its ÎçҹѰ»¨ Starz common stock into 0.88129 of a share of the corresponding series of ÎçҹѰ»¨ Capital common stock. In connection with that transaction, ÎçҹѰ»¨ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011.

On January 11, 2013, ÎçҹѰ»¨ (formerly known as ÎçҹѰ»¨ Spinco, Inc.) was spun-off from Starz (formerly known as ÎçҹѰ»¨). The spin-off was accomplished by the distribution by Starz of a dividend of one share of ÎçҹѰ»¨â€™s Series A common stock for each outstanding share of Starz’s Series A ÎçҹѰ»¨ Capital common stock, and one share of ÎçҹѰ»¨â€™s Series B common stock for each outstanding share of Starz’s Series B ÎçҹѰ»¨ Capital common stock held as of January 10, 2013. The ÎçҹѰ»¨ Media common stock continued to trade under the Nasdaq symbols of LMCA and LMCB.

In April 2016, ÎçҹѰ»¨ Media reclassified its common stock into three tracking stocks and each holder of ÎçҹѰ»¨â€™s former Series A, Series B and Series C common stock received 1 share of the corresponding series of ÎçҹѰ»¨ SiriusXM common stock (tickers LSXMA/LSXMB/LSXMK), 0.1 of a share of the corresponding series of ÎçҹѰ»¨ Braves common stock (tickers BATRA/BATRB/BATRK) and 0.25 of a share of the corresponding series of ÎçҹѰ»¨ Media common stock (tickers LMCA/LMCB/LMCK).

In January 2017, ÎçҹѰ»¨ Media changed the name of its ÎçҹѰ»¨ Media common stock to ÎçҹѰ»¨ Formula One common stock (tickers FWONA/FWONB/FWONK) in connection with ÎçҹѰ»¨ Media’s acquisition of the Formula 1 business.

In July 2023, ÎçҹѰ»¨ Media completed the split-off of Atlanta Braves Holdings, Inc. As a result, ÎçҹѰ»¨ Media and Atlanta Braves Holdings, Inc. are separate publicly traded companies.

In August 2023, ÎçҹѰ»¨ Media reclassified its existing ÎçҹѰ»¨ SiriusXM common stock and ÎçҹѰ»¨ Formula One common stock into three new tracking stocks: ÎçҹѰ»¨ SiriusXM Group (tickers LSXMA/LSXMB/LSXMK), ÎçҹѰ»¨ Formula One Group (tickers FWONA, FWONB, FWONK) and ÎçҹѰ»¨ Live Group (ticker LLYVA, LLYVB, LLYVK).

In September 2024, ÎçҹѰ»¨ Media competed a transaction with Sirius XM whereby the ÎçҹѰ»¨ SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, ÎçҹѰ»¨ SiriusXM is no longer a tracking stock group of ÎçҹѰ»¨ Media.

Was the 2008 restructuring taxable to ÎçҹѰ»¨ shareholders?

The 2008 reclassification and issuance of the ÎçҹѰ»¨ Interactive, ÎçҹѰ»¨ Entertainment and ÎçҹѰ»¨ Capital tracking stocks was structured not to be taxable to shareholders.

What happened to ÎçҹѰ»¨ Entertainment and the LMDIA/LMDIB ticker symbol? Can I still purchase shares?

In November 20, 2009, shares of ÎçҹѰ»¨ Entertainment were exchanged for shares of DIRECTV and the ÎçҹѰ»¨ Starz tracking stock and the old ÎçҹѰ»¨ Entertainment Series A and Series B shares ceased trading. Investors can no longer purchase LMDIA or LMDIB shares.

Was the split-off of ÎçҹѰ»¨ Entertainment, Inc., and business combination with DIRECTV taxable to ÎçҹѰ»¨ Entertainment Shareholders?

The split-off of ÎçҹѰ»¨ Entertainment, Inc. and business combination with DIRECTV was structured not to be taxable to ÎçҹѰ»¨ shareholders.

Was the September 23, 2011 split-off of the ÎçҹѰ»¨ Capital and ÎçҹѰ»¨ Starz tracking stock group from ÎçҹѰ»¨ Interactive Corporation taxable to ÎçҹѰ»¨ Capital, ÎçҹѰ»¨ Starz, or ÎçҹѰ»¨ Interactive shareholders?

The September 23, 2011 split-off of ÎçҹѰ»¨ Capital and ÎçҹѰ»¨ Starz from ÎçҹѰ»¨ Interactive was structured to not be taxable to ÎçҹѰ»¨ Capital, ÎçҹѰ»¨ Starz and ÎçҹѰ»¨ Interactive shareholders.

How do I exchange my shares of former Series A, Series B and Series C common stock for shares of the new tracking stocks following the April 2016 reclassification?

As a shareholder of record of ÎçҹѰ»¨, you should have received a letter of transmittal to submit with your shares. If you did not receive this document or have misplaced this document, please call Broadridge, ÎçҹѰ»¨â€™s transfer agent at (888) 789-8415 and a customer service representative will be able to assist you.

Does the Company pay a cash dividend?

ÎçҹѰ»¨ has not paid a cash dividend on any class of its stock in the past and does not currently intend to pay cash dividends on any class of its stock.

Does ÎçҹѰ»¨ hold an annual meeting of shareholders?

Yes. Webcasts of meetings can be found on the IR Calendar page under the Investor Relations section of this website.

When does the Company report financial results?

ÎçҹѰ»¨ Media will report within 40 days after the end of the first, second and third quarters and within 60 days after year-end.

Where can I find the Company's financial statements?

ÎçҹѰ»¨ Media financial statements can be found on our web site under the Investor Relations section or at .

How do I obtain information about my account or transfer ownership of my stock?

To contact the Company's transfer agent, Broadridge, please go to the Contact section or you can call them directly at (888) 789-8415.

How do I calculate my cost basis?

For more information on calculating your cost basis (tax basis) please visit the page of this Web site.

Where can I get information on current happenings within the Company?

We can add your name to one of our distribution lists, via our Contact Us page, you can view the Press Release section of this Web site or you can visit our Event Calendar pages on this Web site.

Is ÎçҹѰ»¨ related to Atlanta Braves Holdings, Inc., Qurate Retail, Inc., ÎçҹѰ»¨ Broadband Corporation, ÎçҹѰ»¨ TripAdvisor Holdings, Inc., Starz, ÎçҹѰ»¨ Global plc or ÎçҹѰ»¨ Latin America Ltd.?

ÎçҹѰ»¨, Atlanta Braves Holdings, Inc., Qurate Retail, Inc., ÎçҹѰ»¨ Broadband Corporation, ÎçҹѰ»¨ TripAdvisor Holdings, Inc., Starz, ÎçҹѰ»¨ Global plc and ÎçҹѰ»¨ Latin America Ltd. are separate public companies.

Were my shares of Discovery Holding Company or ÎçҹѰ»¨ Global affected by the 2008 restructuring?

Shares of Discovery Holding Company and ÎçҹѰ»¨ Global were not affected by the 2008 issuance of the ÎçҹѰ»¨ Interactive, ÎçҹѰ»¨ Entertainment group and ÎçҹѰ»¨ Capital tracking stocks.

How can I reach the Company for answers to additional questions?

You can contact us via e-mail at investor@libertymedia.com.

In connection with the dividend of ÎçҹѰ»¨'s Series C common stock on July 23, 2014, how many shares of Series C common stock did I receive?

Holders of Series A and Series B common stock as of 5:00 p.m. E.D.T. time on July 7, 2014, the record date for the dividend, received a dividend of two shares of Series C common stock for each share of Series A or Series B common stock held by them as of the record date. To determine your basis allocation, .

As a ÎçҹѰ»¨ shareholder, how many shares of ÎçҹѰ»¨ Broadband Corporation (NASDAQ: LBRDA/B/K) did I receive in the November 2014 spin-off?

In the spin-off, record holders of ÎçҹѰ»¨â€™s Series A, Series B and Series C common stock received one-fourth of a share of the corresponding series of ÎçҹѰ»¨ Broadband Corporation’s common stock for every whole share of ÎçҹѰ»¨'s common stock, with cash in lieu of fractional shares.

What assets were spun-off as part of ÎçҹѰ»¨ Broadband Corporation in November 2014?

Immediately following the spin-off, ÎçҹѰ»¨ Broadband Corporation (NASDAQ: LBRDA/B/K) was comprised of among other things, its (i) interest in Charter Communications, Inc., (ii) subsidiary TruePosition, Inc., (iii) minority equity investment in Time Warner Cable Inc., (iv) certain deferred tax liabilities, as well as liabilities related to the Time Warner Cable Inc. call option and (v) net debt of $300 million.

What is the ÎçҹѰ»¨ Live Group?

The businesses and assets attributed to the ÎçҹѰ»¨ Live Group consist of ÎçҹѰ»¨ Media’s interest in Live Nation and other minority investments.

What is the Formula One Group (formerly known as the ÎçҹѰ»¨ Media Group)?

The Formula One Group consists of its subsidiaries Formula 1 and Quint and other minority investments.

As a ÎçҹѰ»¨ shareholder, how many shares of ÎçҹѰ»¨ Media Group, Braves Group and ÎçҹѰ»¨ SiriusXM Group tracking stocks did I receive in the April 2016 reclassification of ÎçҹѰ»¨?

With the reclassification of ÎçҹѰ»¨ in April 2016, each holder of ÎçҹѰ»¨â€™s former Series A, Series B and Series C common stock received:

  • 1 share of the corresponding series of ÎçҹѰ»¨ SiriusXM common stock
  • 0.1 of a share of the corresponding series of Braves common stock
  • 0.25 of a share of the corresponding series of ÎçҹѰ»¨ Media common stock
What happened to the LMCA/LMCB/LMCK ticker symbols?

Following the reclassification in April 2016 described above, the LMCA/LMCB/LMCK ticker symbols were changed to represent the new ÎçҹѰ»¨ Media common stock which tracked the ÎçҹѰ»¨ Media Group. Following ÎçҹѰ»¨ Media’s acquisition of Formula 1 in January 2017, the ÎçҹѰ»¨ Media Group was renamed the Formula One Group and the tickers were changed from LMCA/LMCB/LMCK to FWONA/FWONB/FWONK.

Were there any tax implications from ÎçҹѰ»¨ Media's acquisition of Formula 1 and the associated name change of the ÎçҹѰ»¨ Media Group to the Formula One Group in January 2017?

The Formula 1 acquisition was not taxable to stockholders of ÎçҹѰ»¨ Media for U.S. income tax purposes. The name change to the Formula One Group was not taxable for U.S. income tax purposes.