ENGLEWOOD, Colo.--(BUSINESS WIRE)--
Liberty Media Corporation's ("Liberty Media") (NASDAQ: LSXMA, LSXMB,
LSXMK, BATRA, BATRK, FWONA, FWONK) President and Chief Executive
Officer, Greg Maffei, will host a conference call to discuss results for
the fourth quarter of 2016 on Tuesday, February 28th, at 11:00 a.m.
(E.S.T.). Following prepared remarks, the company will host a brief Q&A
session during which management will accept questions regarding both
Liberty Media Corporation and Liberty Broadband Corporation. During the
call, Mr. Maffei may discuss the financial performance and outlook of
both companies, as well as other forward looking matters.
Please call ReadyTalk at (844) 838-8043 or (678) 509-7480 at least 10
minutes prior to the call. Callers will need to be on a touch-tone
telephone to ask questions. The conference administrator will provide
instructions on how to use the polling feature.
In addition, the fourth quarter earnings conference call will be
broadcast live via the Internet. All interested participants should
visit the Liberty Media website at http://www.libertymedia.com/events
to register for the web cast. Links to the press release and replays of
the call will also be available on the Liberty Media website. The
conference call and related materials will be archived on the website
for one year.
Liberty Media also wishes to note that, following the completion of the
Formula 1 acquisition on January 23, 2017, there are approximately 217
million shares of Series A, Series B and Series C Liberty Formula One
common stock (formerly the Liberty Media common stock) ("FWONA" "FWONB"
and "FWONK", respectively) outstanding, pro-forma for the dilutive
impact of the $351 million FWONK exchangeable security and excluding the
approximate 19 million FWONK shares retained in treasury for possible
sale to the Formula 1 teams. This clarifies information previously
provided by Liberty Media regarding the outstanding shares of its
Liberty Formula One tracking stock group following the completion of the
Formula 1 acquisition.
About Liberty Media Corporation
Liberty Media Corporation operates and owns interests in a broad range
of media, communications and entertainment businesses. Those businesses
are attributed to three tracking stock groups: the Liberty SiriusXM
Group, the Braves Group and the Formula One Group. The businesses and
assets attributed to the Liberty SiriusXM Group (Nasdaq: LSXMA, LSXMB,
LSXMK) include Liberty Media Corporation's interest in SiriusXM. The
businesses and assets attributed to the Braves Group (Nasdaq: BATRA,
BATRK) include Liberty Media Corporation's subsidiary Braves Holdings,
LLC. The businesses and assets attributed to the Formula One Group
(Nasdaq: FWONA, FWONK) consist of all of Liberty Media Corporation's
businesses and assets other than those attributed to the Liberty
SiriusXM Group and the Braves Group, including its subsidiary Formula 1,
its interest in Live Nation Entertainment and minority equity
investments in Time Warner Inc. and Viacom.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170127005627/en/
Liberty Media Corporation
Courtnee Chun, 720-875-5420
Source: Liberty Media Corporation
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