Ownership Submission

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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OMB Number:

3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

MALONE JOHN C

2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [LSXMA]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman of the Board

(Last)

(First)

(Middle)

12300 LIBERTY BOULEVARD

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2020

(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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Series C Liberty Braves Common Stock	11/18/2020		S		18,351	D	$ 24.5838 ⁽¹⁾	2,690,156 ⁽²⁾	D
Series C Liberty Formula One Common Stock	11/18/2020		S		1,200	D	$ 42.9521 ⁽³⁾	4,200,041 ⁽⁴⁾	D
Series C Liberty Formula One Common Stock	11/18/2020		S		37,638	D	$ 42.5198 ⁽⁵⁾	4,162,403	D
Series C Liberty SiriusXM Common Stock	11/18/2020		S		129,399	D	$ 43.1472 ⁽⁶⁾	14,272,067	D
Series C Liberty Braves Common Stock	11/19/2020		S		22,998	D	$ 24.6357 ⁽⁷⁾	2,667,158	D
Series C Liberty Braves Common Stock	11/19/2020		S		25,867	D	$ 23.927 ⁽⁸⁾	2,641,291	D
Series C Liberty Formula One Common Stock	11/19/2020		S		3,010	D	$ 41.6344 ⁽⁹⁾	4,159,393	D
Series C Liberty Formula One Common Stock	11/19/2020		S		52,614	D	$ 41.1084 ⁽¹⁰⁾	4,106,779	D
Series C Liberty SiriusXM Common Stock	11/19/2020		S		3,577	D	$ 43.2624 ⁽¹¹⁾	14,268,490	D
Series C Liberty SiriusXM Common Stock	11/19/2020		S		54,930	D	$ 42.9791 ⁽¹²⁾	14,213,560	D
Series C Liberty Braves Common Stock								11 ⁽¹³⁾	I	By 401(k) Savings Plan
Series C Liberty Formula One Common Stock								21 ⁽¹³⁾	I	By 401(k) Savings Plan
Series C Liberty SiriusXM Common Stock								129 ⁽¹³⁾	I	By 401(k) Savings Plan
Series C Liberty SiriusXM Common Stock								575,000	I	John C. Malone 1997 Charitable Remainder Unitrust
Series C Liberty Braves Common Stock								167,293	I	John C. Malone June 2003 Charitable Remainder Unitrust
Series C Liberty Formula One Common Stock								245,298	I	John C. Malone June 2003 Charitable Remainder Unitrust
Series C Liberty SiriusXM Common Stock								839,890	I	John C. Malone June 2003 Charitable Remainder Unitrust
Series C Liberty Braves Common Stock								113,329	I	Leslie A. Malone 1995 Revocable Trust ⁽¹⁴⁾
Series C Liberty Formula One Common Stock								166,171	I	Leslie A. Malone 1995 Revocable Trust ⁽¹⁵⁾
Series C Liberty SiriusXM Common Stock								832,420	I	Leslie A. Malone 1995 Revocable Trust ⁽¹⁶⁾
Series C Liberty SiriusXM Common Stock								575,000	I	Malone Starz 2015 Charitable Remainder Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MALONE JOHN C 12300 LIBERTY BOULEVARD ENGLEWOOD, CO 80112	X	X	Chairman of the Board

Signatures

/s/ Craig Troyer as Attorney-in-Fact for John C. Malone		11/20/2020
^**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)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $24.030 to $24.930, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(2)	This balance was increased by 80 shares from the Form 4 filed by the reporting person on October 4, 2017 as a result of distributions from the reporting person's 401(k) plan.
(3)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $42.900 to $43.010, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(4)	This balance was increased by 186 shares from the Form 4 filed by the reporting person on April 22, 2016 as a result of distributions from the reporting person's 401(k) plan.
(5)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $41.890 to $42.885, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(6)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $42.730 to $43.615, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(7)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $24.520 to $24.730, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(8)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $23.520 to $24.510, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(9)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $41.550 to $41.870, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(10)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $40.550 to $41.540, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(11)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $43.220 to $43.380, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(12)	The price is a weighted average price. These shares were sold in multiple transactions ranging from $42.220 to $43.210, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
(13)	The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of October 31, 2020.
(14)	Includes 113,329 shares of the Issuer's Series C Liberty Braves common stock that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
(15)	Includes 166,171 shares of the Issuer's Series C Liberty Formula One common stock that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
(16)	Includes 832,420 shares of the Issuer's Series C Liberty SiriusXM common stock that were previously reported as indirectly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
Remarks: These sales were effected by the reporting person in connection with a structured tax planning process.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.