(Based on publicly available information
as of January 31, 2019)

Liberty Media Corporation owns interests in a broad range of media, communications and entertainment businesses.  Those interests are attributed to three tracking stock groups: the Braves Group, Formula One Group and Liberty SiriusXM Group.

The following table set forth some of Liberty Media Corporation’s assets which may be held directly and indirectly through partnerships, joint ventures, common stock investments and/or instruments convertible into common stock. Ownership percentages in the tables are approximate and, where applicable, assume conversion to common stock by Liberty Media Corporation and, to the extent known by Liberty Media Corporation, other holders. In some cases, Liberty Media Corporation’s interest may be subject to buy/sell procedures, repurchase rights or dilution.

braves group

Entity

DESCRIPTION OF OPERATING BUSINESS

ATTRIBUTED SHARE COUNT(1)
(in millions)

ATTRIBUTED OWNERSHIP(2)

Braves Holdings, LLC
Owner of the Atlanta Braves, a Major League Baseball club, as well as certain of the Atlanta Braves minor league clubs and associated real estate projects.
N/A
100%

Formula One GROUP

Entity

DESCRIPTION OF OPERATING BUSINESS

ATTRIBUTED SHARE COUNT(1)
(in millions)

ATTRIBUTED OWNERSHIP(2)

Associated Partners, L.P.
Investment and operating partnership that targets long-term, risk-balanced and tax-efficient returns.
N/A
33%
AT&T Inc.
(NYSE: T)
AT&T is a global leader in telecommunications, media and entertainment and technology. It executes in the market under four operating units: WarnerMedia, Communications, Latin America and Xandr.
6.1
<1%
Braves Group
Consists of Liberty Media Corporation’s wholly owned subsidiary Braves Holdings, LLC, which owns the Atlanta Braves, a Major League Baseball club, as well as certain of the Atlanta Braves’ minor league clubs and associated real estate projects.
9.1
15% (3)
Drone Racing League, Inc.
DRL is the premier drone racing league. A sports and media company, DRL combines world-class pilots, iconic locations, and proprietary technology to create engaging drone racing content with mass appeal
N/A
3%
Formula 1
Formula 1, which began in 1950, is an iconic global motorsports business.
N/A
100%
Ideiasnet
(BOVESPA: IDNT3)
A Brazil-based company that develops projects and acquires stakes in companies in technology, media and telecommunications.
4.0
24%
INRIX, Inc.
Provider of traffic data and analytics to auto OEM’s, governments, businesses and consumers.
N/A
4%
Kroenke Arena Company, LLC
Owner of the Pepsi Center, a sports and entertainment facility in Denver, Colorado.
N/A
7%
Liberty Technology Venture Capital, LLC
Investment fund focused on Israeli technology companies.
N/A
80%
Live Nation Entertainment, Inc.
(NYSE: LYV)
Largest live entertainment company in the world, consisting of four segments: concerts, sponsorship and advertising and ticketing.
69.6
33%
Saavn Global Holdings, Ltd.
Indian music streaming service focused on Bollywood music.
N/A
4.65%
Tastemade, Inc.
Tastemade brings the world’s leading tastemakers in food together to create high-quality shows in the food and lifestyle category for digital platforms.
N/A
6%
Viacom Inc.
(NASDAQ: VIA)
Viacom creates entertainment experiences through television, film, digital media, live events, merchandise and solutions. Viacom’s media networks segment includes Nickelodeon, MTV, BET, Comedy Central and Paramount Network. Viacom’s filmed entertainment segment includes Paramount Pictures, Paramount Players, Paramount Animation and Paramount Television divisions.
1.9
<1%

LIBERTY SIRIUSXM GROUP

Entity

DESCRIPTION OF OPERATING BUSINESS

ATTRIBUTED SHARE COUNT(1)
(in millions)

ATTRIBUTED OWNERSHIP(2)

Sirius XM Holdings Inc.
(NASDAQ: SIRI)
A satellite radio company delivering commercial-free music plus sports, entertainment, comedy, talk, news, traffic and weather.
3,162.2
67% (4)

1) Applicable only for publicly-traded entities.

2) Represents undiluted ownership interest unless otherwise noted.

3) Represents an inter-group interest in the Braves Group, which is not represented by outstanding shares.

4) Gives effect to the SIRI acquisition of Pandora Media, Inc., which closed on February 1st, 2019.

© 2018 Liberty Media Corporation