Bulletin
Investor Alert

press release

March 19, 2020, 1:15 p.m. EDT

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

/zigman2/quotes/206865773/composite
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
loading...
/zigman2/quotes/203690159/composite
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
loading...
/zigman2/quotes/207582816/composite
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
loading...
/zigman2/quotes/206823934/composite
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
loading...
/zigman2/quotes/206450527/composite
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
loading...
/zigman2/quotes/208745927/composite
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
loading...
/zigman2/quotes/209855829/composite
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
loading...
/zigman2/quotes/203077299/composite
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
loading...
/zigman2/quotes/206865773/composite
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
loading...
/zigman2/quotes/203690159/composite
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
loading...
/zigman2/quotes/207582816/composite
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
loading...
/zigman2/quotes/206823934/composite
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
loading...
/zigman2/quotes/206450527/composite
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
loading...
/zigman2/quotes/208745927/composite
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
loading...
/zigman2/quotes/209855829/composite
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
loading...

Comtex
Link to MarketWatch's Slice.