Liberty Media Corporation Quarterly report pursuant to Section 13 or 15(d)

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

9 Months Ended

Sep. 30, 2023


	September 30, 2023						December 31, 2022
	Percentage		Fair Value		Carrying		Carrying
	ownership		(Level 1)		amount		amount

	dollar amounts in millions
Liberty SiriusXM Group
Sirius XM Canada	70	%		NA	$	604	597
Live Nation (a)				NA		NA	158
Other				NA		101	68
Total Liberty SiriusXM Group						705	823

Formula One Group
Other (a)	various			NA		43	34
Total Formula One Group						43	34

Liberty Live Group
Live Nation (a)(b)	30	%	$	5,783		372	NA
Other (a)				NA		25	NA
Total Liberty Live Group						397	NA

Braves Group
Other	various			NA		NA	95
Total Braves Group						NA	95
Consolidated Liberty					$	1,145	952

(a)	Liberty’s interests in Live Nation and certain other equity affiliates were reattributed to the Liberty Live Group effective August 3, 2023.

(b)	See note 7 for details regarding the number and fair value of shares pledged as collateral as of September 30, 2023 pursuant to Liberty’s margin loan secured by shares of Live Nation (the “Live Nation Margin Loan”).


	Three months ended			Nine months ended
	September 30,			September 30,
	2023		2022	2023	2022

	amounts in millions
Liberty SiriusXM Group
Sirius XM Canada	$	1	(2)	6	4
Live Nation (a)		50	107	127	140
Other		(6)	(1)	(16)	(4)
Total Liberty SiriusXM Group		45	104	117	140

Formula One Group
Other (a)		2	1	(1)	—
Total Formula One Group		2	1	(1)	—

Liberty Live Group
Live Nation (a)		90	NA	90	NA
Other (a)		—	NA	—	NA
Total Liberty Live Group		90	NA	90	NA

Braves Group
Other		1	6	12	18
Total Braves Group		1	6	12	18
Consolidated Liberty	$	138	111	218	158

(a)	Liberty’s interests in Live Nation and certain other equity affiliates were reattributed to the Liberty Live Group effective August 3, 2023.