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Mar 31, 2024
Liberty Formula One Q1 2024 Earnings Report
Liberty Media Corporation reported first quarter results, highlighting Formula One's revenue growth and the planned acquisition of MotoGP.
Key Takeaways
Liberty Media Corporation reported a strong first quarter in 2024, driven by Formula One's revenue growth and strategic acquisitions. The company's focus remains on expanding its presence in live events and sports industries.
Announced planned acquisition of MotoGP, expected to complete by year-end 2024.
Formula 1 kicked off the 2024 season with over 1 million fans in attendance across the first five races.
SiriusXM delivered solid revenue and adjusted EBITDA growth.
Planned merger with Liberty SiriusXM is on track to be completed at the beginning of the third quarter.
Revenue by Segment
Forward Guidance
Liberty Media did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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