财务数据和关键指标变化 - 第三季度EBITDA同比增长4%,环比增长6%,实现了4000万美元的成本节约 [12] - 公司董事会批准了10%的股息增长,显示了对Sirius现金流生成能力的持续信心 [13] - Sirius宣布与福特扩大合作,从2024年开始将SiriusXM作为标准配置在所有传统F150车型上 [13] - 第三季度Formula One的OIBDA与收入增长保持一致,实现了对费用支付的杠杆效应 [37] - 第三季度Formula One的其他收入占总收入的21% [39] - 第三季度Formula One已经发生了约2.8亿美元的与维加斯赛道相关的资本支出 [40][41] 各条业务线数据和关键指标变化 - Sirius第三季度自付费净增加用户有所改善,预计下半年将略有正增长 [12] - Formula One第三季度收到更多赛季性收入,因为有8场比赛发生在本季度,而上年同期只有7场 [37] - Formula One第三季度的团队支付占税前OIBDA的64.6%,第二和第三季度通常有更高的支付比例 [39] - 2023年前三季度,Braves棒球收入同比增长11%,主要由于票房需求和观众人数增加 [29] - Braves的Battery综合体收入增长15%,主要由于租金收入增加和租户增加 [29] 各个市场数据和关键指标变化 - Formula One第三季度在新加坡和日本举办了两场飞越赛,而上年同期是在法国 [37] - Formula One的全球电视观众平均约7000万人 [55] - 一些增长市场如西班牙、澳大利亚、墨西哥以及美国的Formula One收视率同比增长良好 [55] - Formula One的YouTube频道订阅者达到近1000万,同比增长14% [56] - Formula One在社交媒体平台的关注者达到6760万,同比增长26% [56] - F1 2023游戏在美国市场超越英国,成为最大市场 [57] 公司战略和发展方向及行业竞争 - 公司计划将LSXM和SIRI合并,以简化双重公司结构,创造单一股票类别,并使两组股东受益 [11] - 公司宣布收购QuintEvents,这是一家为F1、NBA等体育赛事提供独特体验的供应商,有助于与F1的合作并拓展到其他现场体育赛事 [15][16] - Formula One正在推进观众测量方法的改进,以更好地捕捉观众规模和参与度的变化 [58] - Formula One正在推进100%先进可持续燃料的开发,并与DHL合作使用生物燃料卡车 [72][73] - Formula One正在评估是否批准第11支车队加入,这个过程仍在进行中 [139][140] - 公司认为棒球内容的整合和流媒体化存在机会,但目前尚未有具体计划 [163][164][165] 管理层对经营环境和未来前景的评论 - Sirius管理层表示全年将有连续改善,下半年将略有正增长 [12] - Sirius将于下周宣布新的流媒体体验和品牌平台,预计将提高用户参与度和增强用户获取及保留 [14] - Formula One对未来保持乐观,认为车队财务状况持续改善,商业利益强劲,并有多个品牌扩张计划在进行 [49][50][51] - Formula One对维加斯站的长期价值创造持乐观态度,尽管首年存在一些额外成本 [22][23] - Live Nation看到持续的有利趋势进入2024年及以后,消费者对现场体验的需求持续增长 [26][27] - Braves管理层对2023年球季的表现感到失望,但整体财务表现良好 [28][29] 问答环节重要的提问和回答 问题1 **David Karnovsky提问** 询问维加斯站的经济影响和利润预期是否发生变化 [82][83][84][85] **Greg Maffei和Brian Wendling回答** 解释了一些额外的启动成本,但仍然对维加斯站的长期价值创造持乐观态度 [83][84][85] 问题2 **Ben Swinburne提问** 询问体育版权费的市场环境及公司的应对策略 [96][97][98][99] **Greg Maffei回答** 分析了体育版权费市场的复杂性,但对Formula One的版权费续约保持乐观 [98][99] 问题3 **Bryan Kraft提问** 询问Sirius和SiriusXM合并的时间线和关键里程碑 [105][106][107] **Greg Maffei和Renee Wilm回答** 表示不会对谈判进程做进一步评论,但预计即使达成协议也需要数月时间完成交易 [106][107]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35707 LIBERTY MEDIA CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 37-1699499 (State or other ju ...

Formula One Group (NASDAQ:FWONA) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President-Investor Relations Greg Maffei - President and Chief Executive Officer-Liberty Media Corporation Stefano Domenicali - President and Chief Executive Officer Brian Wendling - Chief Accounting and Principal Financial Officer-Liberty Media Corporation Renee Wilm - Chief Legal Officer & Chief Administrative Officer Ben Oren - Executive Vice President & Treasurer Conf ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35707 LIBERTY MEDIA CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 37-1699499 (State or other jurisdi ...

Formula One Group (NASDAQ:FWONA) Q1 2023 Earnings Conference Call May 5, 2023 9:30 AM ET Company Participants Shane Kleinstein – Vice President-Investor Relations Greg Maffei – President and Chief Executive Officer-Liberty Media Corporation Stefano Domenicali – President and Chief Executive Officer Brian Wendling – Chief Accounting and Principal Financial Officer-Liberty Media Corporation Conference Call Participants David Karnovsky – J.P. Morgan Bryan Kraft – Deutsche Bank Vijay Jayant – Evercore Peter Sup ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35707 LIBERTY MEDIA CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 37-1699499 (State or other jurisd ...

Formula One Group (NASDAQ:FWONA) Q4 2022 Earnings Conference Call March 1, 2023 10:00 AM ET Company Participants Shane Kleinstein - VP, IR Gregory Maffei - President & CEO Brian Wendling - Chief Accounting & Principal Financial Officer Stefano Domenicali - President & CEO, Formula One Conference Call Participants Vijay Jayant - Evercore Benjamin Swinburne - Morgan Stanley Barton Crockett - Rosenblatt Securities Stephen Laszczyk - Goldman Sachs Peter Supino - Wolfe Research Jason Bazinet - Citi Operator Welc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35707 LIBERTY MEDIA CORPORATION (Exact name of Registrant as specified in its charter) State of Delaware 37-1699499 (State or other jurisdictio ...