Liberty Media upgraded by Seaport Research Partners with a new price target

Liberty Media Corporation (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced that Greg Maffei, President and CEO of Liberty Media Corporation, will be presenting at the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10th at 6:05 p.m. E.T. in San Francisco. During his presentation, Mr. Maffei may make observations regarding the company's financial performance and outlook, as well as other forward looking matters. The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Media Corporation website at https://www.libertymedia.com/investors/news-events/ir-calendar to register for the webcast. An archive

Formula 1® and Lenovo have today announced the extension of its partnership that will see the technology giant elevated to a Global Partner in a multi-year renewal starting from the beginning of 2025. As part of the deal, Motorola, a subsidiary of Lenovo Group, will become Global Smartphone Partner of F1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240905029431/en/(Photo: Business Wire) As a Global Partner of Formula 1, Lenovo will continue to provide F1 with state-of-the-art technology devices, solutions and services to support the delivery of Grands Prix at track and remotely. Under the agreement, Lenovo will serve as the t

Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) and Sirius XM Holdings Inc. (NASDAQ:SIRI) ("Sirius XM") announced today that, assuming the requisite conditions to the previously announced redemptive split-off (the "Split-Off") of Liberty Sirius XM Holdings Inc. ("New Sirius") are satisfied or waived, as applicable, at 4:05 p.m., New York City time, on September 9, 2024, Liberty Media will redeem each outstanding share of Series A Liberty SiriusXM common stock ("LSXMA"), Series B Liberty SiriusXM common stock ("LSXMB") and Series C Liberty SiriusXM common stock ("LSXMK", and together with LSXMA and LSXMB, the "Liberty SiriusXM common sto

Evercore ISI downgraded Liberty Media from Outperform to In-line and set a new price target of $27.00 from $36.00 previously

Seaport Research Partners upgraded Liberty Media from Neutral to Buy and set a new price target of $36.00

Citigroup downgraded Liberty Media from Buy to Neutral and set a new price target of $28.00 from $35.00 previously

Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced that after over 20 years, Albert E. Rosenthaler will be retiring from Liberty effective January 1, 2024. Mr. Rosenthaler has served as Chief Corporate Development Officer since 2016. Previously, he was the top tax officer for Liberty Media and its predecessors since joining in 2002. Mr. Rosenthaler will become a Senior Advisor and remain a resource to the Liberty family of companies and its portfolio companies. "I want to thank Albert for his material contributions, partnership and dedication to Liberty over the years. His knowledge and expertise have delivered tremendous value

Liberty Media Corporation ("Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of August 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures. As of September 3, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today's quarterly inter

Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today reported second quarter 2024 results. Headlines include(1): Attributed to Liberty SiriusXM Group SiriusXM reported second quarter 2024 operating and financial results Second quarter 2024 revenue of $2.18 billion Ad revenue of $443 million Net income of $316 million; diluted EPS of $0.08 Adjusted EBITDA(2) of $702 million Free cash flow(2) of $343 million SiriusXM reiterated 2024 financial guidance Liberty Media's ownership of SiriusXM was 83.3% as of July 30th Expect to complete planned combination of Liberty SiriusXM Group and SiriusXM on

Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) will host a conference call to discuss results for the second quarter of 2024 on Thursday, August 8th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. Following prepared remarks, the company will host a brief Q&A session during which management will accept questions regarding Liberty Media and Atlanta Braves Holdings, Inc. The press release and conference call may discuss the financial performance and outlook of these companies, as wel