Latest news with #LibertyMediaCorporation
Yahoo
03-07-2025
- Business
- Yahoo
Liberty Media Corporation Completes Acquisition of MotoGP™
ENGLEWOOD, Colo., July 03, 2025--(BUSINESS WIRE)--Liberty Media Corporation ("Liberty Media") (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) and Dorna Sports, S.L. ("Dorna"), the exclusive commercial rights holder of the MotoGP™ World Championship ("MotoGP"), announced today that Liberty Media has completed its acquisition of Dorna. Following transaction close, Liberty Media's Formula One Group is composed of its subsidiaries Formula 1, MotoGP and Quint, and other minority investments. A presentation containing additional information on the MotoGP business has been posted to the Liberty Media website at About Liberty Media Corporation Liberty Media Corporation operates and owns interests in media, sports and entertainment businesses. Those businesses are attributed to two tracking stock groups: the Formula One Group and the Liberty Live Group. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include Liberty Media's subsidiaries Formula 1, MotoGP and Quint, and other minority investments. The businesses and assets attributed to the Liberty Live Group (NASDAQ: LLYVA, LLYVK) include Liberty Media's interest in Live Nation and other minority investments. About Dorna Sports, S.L. & MotoGP™ Dorna Sports became the sole commercial and television rights holder of the FIM MotoGP™ World Championship in 1991 and is based in Madrid, with premises in Barcelona and a subsidiary in Rome. Dorna holds exclusive rights to MotoGP feeder series Moto2™ and Moto3™, electric series MotoE™, the FIM Superbike World Championship and the FIM Women's Circuit Racing World Championship. Source: Liberty Media CorporationSource: Dorna Sports, S.L. & MotoGP™ View source version on Contacts Liberty Media Corporation – Investor Contact Shane Kleinstein, +1 720-875-5432 Dorna Sports, S.L. – Media Contact Frances Wyld, franceswyld@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
03-07-2025
- Business
- Business Wire
Liberty Media Corporation Completes Acquisition of MotoGP™
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation ('Liberty Media') (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) and Dorna Sports, S.L. ('Dorna'), the exclusive commercial rights holder of the MotoGP™ World Championship ('MotoGP'), announced today that Liberty Media has completed its acquisition of Dorna. Following transaction close, Liberty Media's Formula One Group is composed of its subsidiaries Formula 1, MotoGP and Quint, and other minority investments. A presentation containing additional information on the MotoGP business has been posted to the Liberty Media website at About Liberty Media Corporation Liberty Media Corporation operates and owns interests in media, sports and entertainment businesses. Those businesses are attributed to two tracking stock groups: the Formula One Group and the Liberty Live Group. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include Liberty Media's subsidiaries Formula 1, MotoGP and Quint, and other minority investments. The businesses and assets attributed to the Liberty Live Group (NASDAQ: LLYVA, LLYVK) include Liberty Media's interest in Live Nation and other minority investments. About Dorna Sports, S.L. & MotoGP™ Dorna Sports became the sole commercial and television rights holder of the FIM MotoGP™ World Championship in 1991 and is based in Madrid, with premises in Barcelona and a subsidiary in Rome. Dorna holds exclusive rights to MotoGP feeder series Moto2™ and Moto3™, electric series MotoE™, the FIM Superbike World Championship and the FIM Women's Circuit Racing World Championship. Source: Liberty Media Corporation Source: Dorna Sports, S.L. & MotoGP™
Associated Press
29-04-2025
- Business
- Associated Press
Liberty Media Corporation to Present at J.P. Morgan Global Technology, Media and Communications Conference
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Apr 29, 2025-- Liberty Media Corporation ('Liberty Media') (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) announced that Derek Chang, President and CEO of Liberty Media, will be presenting at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 13 th at 11:30 a.m. E.T. in Boston. During his presentation, Mr. Chang 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 website at to register for the webcast. An archive of the webcast will also be available on this website after appropriate filings have been made with the SEC. About Liberty Media Corporation Liberty Media Corporation operates and owns interests in media, sports and entertainment businesses. Those businesses are attributed to two tracking stock groups: the Formula One Group and the Liberty Live Group. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include Liberty Media's subsidiaries Formula 1 and Quint, and other minority investments. The businesses and assets attributed to the Liberty Live Group (NASDAQ: LLYVA, LLYVK) include Liberty Media's interest in Live Nation and other minority investments. View source version on CONTACT: Liberty Media Corporation Shane Kleinstein, 720-875-5432 KEYWORD: UNITED STATES NORTH AMERICA COLORADO INDUSTRY KEYWORD: MEDIA GENERAL ENTERTAINMENT COMMUNICATIONS ENTERTAINMENT SOURCE: Liberty Media Corporation Copyright Business Wire 2025. PUB: 04/29/2025 08:15 AM/DISC: 04/29/2025 08:16 AM
South China Morning Post
17-03-2025
- Automotive
- South China Morning Post
How Liberty Media turned Formula One into a more enticing investment opportunity
Since US mass media conglomerate Liberty Media Corporation bought the Formula One Group in 2016, investment opportunities in its title asset – Formula One (F1) and its popular motorsport world championship – have never been stronger, whether the interest is in buying a team, developing new driving talent or securing the rights to host races. Advertisement According to Dan Wells, CEO of motorsport investment advisers Dan Wells & Investors, F1's evolving business model has opened new doors for institutional investors and sovereign wealth funds looking to get a piece of the motorsport industry that was worth US$7.9 billion in 2024, according to Business Research Insights. 'It was always a very costly exercise to run an F1 team, but the business model has improved in the last few years with Liberty's takeover,' said Wells. 'If you owned a team before Liberty's acquisition of F1, you would now have an asset worth well in advance of what it would have been [without the acquisition].' The investment options are diverse. 'People can invest in a driver's career so that they get a return on future earnings. There's also investing in circuits on the F1 calendar,' noted Wells. 'There are different ways people can be involved from an investment perspective.' For a country, the economic benefits of hosting F1 races can be enormous. 'Look at what Singapore did with the Singapore Grand Prix [since 2008] – the amount of business the country attracts is huge,' explained Wells. Advertisement While traditional constructors Ferrari and Mercedes still dominate F1 to an extent, the field is seeing some expansion. General Motors' Cadillac have announced plans to enter a team in 2026, when Audi will also join, taking over the current Sauber team.
Yahoo
28-02-2025
- Business
- Yahoo
Liberty Media Corporation - Liberty Formula One Series A (FWONA) Reports Q4 Loss, Misses Revenue Estimates
Liberty Media Corporation - Liberty Formula One Series A (FWONA) came out with a quarterly loss of $1.03 per share versus the Zacks Consensus Estimate of $0.58. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -277.59%. A quarter ago, it was expected that this company would post earnings of $0.31 per share when it actually produced earnings of $0.48, delivering a surprise of 54.84%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Liberty Media Corporation - Liberty Formula One Series A , which belongs to the Zacks Media Conglomerates industry, posted revenues of $1.07 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 14.23%. This compares to year-ago revenues of $1.23 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Liberty Media Corporation - Liberty Formula One Series A shares have added about 4.7% since the beginning of the year versus the S&P 500's gain of 1.3%. While Liberty Media Corporation - Liberty Formula One Series A has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Liberty Media Corporation - Liberty Formula One Series A: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.29 on $431 million in revenues for the coming quarter and $0.80 on $3.88 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Media Conglomerates is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Consumer Discretionary sector, American Outdoor Brands, Inc. (AOUT), has yet to report results for the quarter ended January 2025. The results are expected to be released on March 6. This company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents a year-over-year change of +75%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. American Outdoor Brands, Inc.'s revenues are expected to be $56.4 million, up 5.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Liberty Media Corporation - Liberty Formula One Series A (FWONA) : Free Stock Analysis Report American Outdoor Brands, Inc. (AOUT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
