FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GAMCO INVESTORS, INC. ET AL
  2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [BATRA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
ONE CORPORATE CENTER, 
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2020
(Street)

RYE, NY 10580
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Liberty Braves Series A Common Stock 03/11/2020   P   1,000 A $ 20.2095 8,000 D (1)  
Liberty Braves Series A Common Stock               30,000 D (2)  
Liberty Braves Series A Common Stock               410 D (3)  
Liberty Braves Series A Common Stock               2,006 I By: Limited Partnership I (4)
Liberty Braves Series A Common Stock               4,000 I By: Limited Partnership II (4)
Liberty Braves Series A Common Stock               1,200 I By: Limited Partnership III (4)
Liberty Braves Series A Common Stock               30,000 I By: E3M 2018 LLC (5)
Liberty Braves Series A Common Stock               8,000 I By: MAGLIB 2018 LLC (6)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GAMCO INVESTORS, INC. ET AL
ONE CORPORATE CENTER
RYE, NY 10580
    X    
GGCP, INC.
140 GREENWICH AVENUE
GREENWICH, CT 06830
    X    
Associated Capital Group, Inc.
ONE CORPORATE CENTER
RYE, NY 10580
    X    
GABELLI MARIO J
C/O GAMCO INVESTORS, INC
ONE CORPORATE CENTER
RYE, NY 10580
    X    

Signatures

 /s/ Douglas R. Jamieson, Attorney-In-Fact for MARIO J. GABELLI, GGCP, INC. and ASSOCIATED CAPITAL GROUP, INC.   03/12/2020
**Signature of Reporting Person Date

 /s/ Kevin Handwerker, Executive VP, General Counsel & Secretary for GAMCO INVESTORS, INC.   03/12/2020
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares are owned by Mario J. Gabelli .
(2) These shares are owned by GGCP, Inc.
(3) These shares are owned by Associated Capital Group, Inc.
(4) GAMCO Investors, Inc. and Associated Capital Group, Inc. have less than a 100% interest in this entity; GGCP, Inc. has less than a 100% interest in GAMCO Investors, Inc. and Associated Capital Group, Inc.; and Mario J. Gabelli has less than a 100% interest in GGCP, Inc. The amount of securities reported as beneficially owned reflects the total amount of securities held by this entity which is greater that the Reporting Persons' indirect pecuniary interests. The Reporting Persons hereby disclaim ownership of these securities in excess of their pecuniary interests.
(5) Mr. Gabelli is the Initial Member of E3M 2018 LLC, a limited liability company.
(6) Mr. Gabelli is the Initial Member of MAGLIB 2018 LLC, a limited liability company.

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