Liberty Media Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

Investments In Affiliates Accounted For Using The Equity Method (Tables)

12 Months Ended

Dec. 31, 2018

Investments in Affiliates Accounted for Using the Equity Method

Schedule Of Equity Ownership And Carrying Amount


	December 31, 2018					December 31, 2017
	Percentage	Fair Value		Carrying		Carrying
	ownership	(Level 1)		amount		amount
	dollar amounts in millions
Liberty SiriusXM Group
SIRIUS XM Canada	70%	$	NA	$	613	672
Other					16	—
Total Liberty SiriusXM Group					629	672

Braves Group
Other	NA		NA		92	145
Total Braves Group					92	145

Formula One Group
Live Nation (a)	33%	$	3,430		743	756
Other	various		NA		177	177
Total Formula One Group					920	933
Consolidated Liberty				$	1,641	1,750

(a)

See note 10 for details regarding the number and value of shares pledged as collateral pursuant to the Live Nation Margin Loan as of December 31, 2018.

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates


	Years ended December 31,
	2018		2017	2016
	amounts in millions
Liberty SiriusXM Group
SIRIUS XM Canada	$	(1)	29	13
Other		(10)	—	—
Total Liberty SiriusXM Group		(11)	29	13

Braves Group
Other (a)		12	78	9
Total Braves Group		12	78	9

Formula One Group
Live Nation		3	(18)	(12)
Other		14	15	4
Total Formula One Group		17	(3)	(8)
Consolidated Liberty	$	18	104	14

(a)

During the year ended December 31, 2017, an equity method affiliate of Braves Holdings sold a controlling interest in a subsidiary, resulting in Braves Holdings recording its portion of the gain of $69 million.