Liberty Media Corporation Announces Full Repayment of Live Nation Margin Loan

Liberty Media Corporation (“Liberty Media”) /zigman2/quotes/206865773/composite LSXMA -0.03% /zigman2/quotes/203690159/composite LSXMB +5.56% /zigman2/quotes/207582816/composite LSXMK -0.06% /zigman2/quotes/206823934/composite BATRA +0.51% /zigman2/quotes/206450527/composite BATRK +0.73% /zigman2/quotes/208745927/composite FWONA -1.54% /zigman2/quotes/209855829/composite FWONK -1.36% today announced that is has fully repaid the Live Nation Entertainment /zigman2/quotes/203077299/composite LYV +0.38% margin loan using a portion of cash on hand. With the payment of $130 million, there are no margin or other price triggers that could require a sale of the underlying stock. Liberty Media owns approximately 69.6 million shares of Live Nation common stock.

About Liberty Media Corporation

Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group. The businesses and assets attributed to the Liberty SiriusXM Group /zigman2/quotes/206865773/composite LSXMA -0.03% /zigman2/quotes/203690159/composite LSXMB +5.56% /zigman2/quotes/207582816/composite LSXMK -0.06% include Liberty Media Corporation's interest in SiriusXM. The businesses and assets attributed to the Braves Group /zigman2/quotes/206823934/composite BATRA +0.51% /zigman2/quotes/206450527/composite BATRK +0.73% include Liberty Media Corporation's subsidiary Braves Holdings, LLC. The businesses and assets attributed to the Formula One Group /zigman2/quotes/208745927/composite FWONA -1.54% /zigman2/quotes/209855829/composite FWONK -1.36% consist of all of Liberty Media Corporation's businesses and assets other than those attributed to the Liberty SiriusXM Group and the Braves Group, including its subsidiary Formula 1, its interest in Live Nation Entertainment and minority equity investment in AT&T Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200319005611/en/

SOURCE: Liberty Media Corporation

Liberty Media Corporation
Courtnee Chun, 720-875-5420

Copyright Business Wire 2020

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Liberty Media Corp. Series A SiriusXM

US : U.S.: Nasdaq

$ 36.27

-0.01 -0.03%

Volume: 213,022

Aug. 7, 2020 4:00p

P/E Ratio

17.94

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

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Liberty Media Corp. Series B SiriusXM

US : U.S.: Nasdaq

$ 36.42

+1.92 +5.56%

Volume: 11.00

Aug. 5, 2020 3:09p

P/E Ratio

18.01

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

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Liberty Media Corp. Series C SiriusXM

US : U.S.: Nasdaq

$ 36.30

-0.02 -0.06%

Volume: 380,066

Aug. 7, 2020 4:00p

P/E Ratio

18.05

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

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Liberty Media Corp. Series A Liberty Braves

US : U.S.: Nasdaq

$ 19.54

+0.10 +0.51%

Volume: 38,086

Aug. 7, 2020 4:00p

P/E Ratio

24.35

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

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Liberty Media Corp. Series C Liberty Braves

US : U.S.: Nasdaq

$ 19.30

+0.14 +0.73%

Volume: 110,032

Aug. 7, 2020 4:00p

P/E Ratio

24.05

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

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Liberty Media Corp. Series A Liberty Formula One

US : U.S.: Nasdaq

$ 34.59

-0.54 -1.54%

Volume: 108,977

Aug. 7, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

$401,098

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Liberty Media Corp. Series C Liberty Formula One

US : U.S.: Nasdaq

$ 36.87

-0.51 -1.36%

Volume: 690,879

Aug. 7, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

$401,098

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Live Nation Entertainment Inc.

US : U.S.: NYSE

$ 47.65

+0.18 +0.38%

Volume: 2.24M

Aug. 7, 2020 4:03p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$10.31 billion

Rev. per Employee

$1.14M

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Liberty Media Corp. Series A SiriusXM

US : U.S.: Nasdaq

$ 36.27

-0.01 -0.03%

Volume: 213,022

Aug. 7, 2020 4:00p

P/E Ratio

17.94

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

/zigman2/quotes/203690159/composite

Add to watchlist LSXMB

Liberty Media Corp. Series B SiriusXM

US : U.S.: Nasdaq

$ 36.42

+1.92 +5.56%

Volume: 11.00

Aug. 5, 2020 3:09p

P/E Ratio

18.01

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

/zigman2/quotes/207582816/composite

Add to watchlist LSXMK

Liberty Media Corp. Series C SiriusXM

US : U.S.: Nasdaq

$ 36.30

-0.02 -0.06%

Volume: 380,066

Aug. 7, 2020 4:00p

P/E Ratio

18.05

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

/zigman2/quotes/206823934/composite

Add to watchlist BATRA

Liberty Media Corp. Series A Liberty Braves

US : U.S.: Nasdaq

$ 19.54

+0.10 +0.51%

Volume: 38,086

Aug. 7, 2020 4:00p

P/E Ratio

24.35

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

/zigman2/quotes/206450527/composite

Add to watchlist BATRK

Liberty Media Corp. Series C Liberty Braves

US : U.S.: Nasdaq

$ 19.30

+0.14 +0.73%

Volume: 110,032

Aug. 7, 2020 4:00p

P/E Ratio

24.05

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

N/A

/zigman2/quotes/208745927/composite

Add to watchlist FWONA

Liberty Media Corp. Series A Liberty Formula One

US : U.S.: Nasdaq

$ 34.59

-0.54 -1.54%

Volume: 108,977

Aug. 7, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

$401,098

/zigman2/quotes/209855829/composite

Add to watchlist FWONK

Liberty Media Corp. Series C Liberty Formula One

US : U.S.: Nasdaq

$ 36.87

-0.51 -1.36%

Volume: 690,879

Aug. 7, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$22.06 billion

Rev. per Employee

$401,098