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 *
MAFFEI GREGORY B
   2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [LMCA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, CEO
(Last)
(First)
(Middle)
12300 LIBERTY BOULEVARD		 3. Date of Earliest Transaction (Month/Day/Year)
12/23/2016
(Street)

ENGLEWOOD, CO 80112		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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
Series A Liberty Braves Common Stock 12/23/2016   J   3,669 D $ 20.64 (1) 176,869 D  
Series A Liberty Media Common Stock 12/23/2016   J   9,172 D $ 31.68 (2) 442,174 D  
Series A Liberty SiriusXM Common Stock 12/23/2016   J   36,690 D $ 34.93 (3) 1,768,700 D  
Series B Liberty Braves Common Stock (4) 12/23/2016   J   3,669 A $ 20.64 (5) 3,669 D  
Series B Liberty Media Common Stock (6) 12/23/2016   J   9,172 A $ 31.68 (7) 9,172 D  
Series B Liberty SiriusXM Common Stock (8) 12/23/2016   J   36,690 A $ 34.93 (9) 36,690 D  

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
MAFFEI GREGORY B
12300 LIBERTY BOULEVARD
ENGLEWOOD, CO 80112		   X     President, CEO  

Signatures

 /s/ Craig Troyer as Attorney-in-Fact for Gregory B. Maffei   12/28/2016
**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) The price at which the reporting person sold the shares of Series A Liberty Braves Common Stock ("BATRA") has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because the Series B Liberty Braves Common Stock ("BATRB") is a derivative security of BATRA within the meaning of such rule. See Footnote 4.
(2) The price at which the reporting person sold the shares of Series A Liberty Media Common Stock ("LMCA") has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because the Series B Liberty Media Common Stock ("LMCB") is a derivative security of LMCA within the meaning of such rule. See Footnote 6.
(3) The price at which the reporting person sold the shares of Series A Liberty SiriusXM Common Stock ("LSXMA") has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because the Series B Liberty SiriusXM Common Stock ("LSXMB") is a derivative security of LSXMA within the meaning of such rule. See Footnote 8.
(4) Each share of BATRB is convertible, at the holder's election, into one share of BATRA, at any time for no consideration other than the surrender of the share of BATRB for each share of BATRA.
(5) The price at which the reporting person acquired the shares of BATRB has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because BATRB is a derivative security of BATRA within the meaning of such rule. See Footnote 4.
(6) Each share of LMCB is convertible, at the holder's election, into one share of LMCA, at any time for no consideration other than the surrender of the share of LMCB for each share of LMCA.
(7) The price at which the reporting person acquired the shares of LMCB has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because LMCB is a derivative security of LMCA within the meaning of such rule. See Footnote 6.
(8) Each share of LSXMB is convertible, at the holder's election, into one share of LSXMA, at any time for no consideration other than the surrender of the share of LSXMB for each share of LSXMA.
(9) The price at which the reporting person acquired the shares of LSXMB has been determined in accordance with Rule 16b-6(c)(2) of the Securities Exchange Act of 1934, as amended, because LSXMB is a derivative security of LSXMA within the meaning of such rule. See Footnote 8.

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