Liberty Media Corp disclosure: Principal Global Investors reports beneficial ownership of 8,571,760 shares of Series C Liberty Formula One Common Stock, representing 3.8% of that class. The filing lists shared voting and dispositive power over 8,571,760 shares and no sole voting or dispositive power. The filing is an amendment to a Schedule 13G and is signed by J. Markham Penrod, Chief Compliance Officer - North America, on 05/11/2026.
Liberty Media Corporation reported the results of its annual stockholder meeting held on May 11, 2026. Stockholders re-elected Derek Chang, Evan D. Malone and Larry E. Romrell as Class I directors to serve until the 2029 annual meeting, based on vote totals showing clear majorities in favor.
Stockholders also approved the ratification of KPMG LLP as independent auditors for the fiscal year ending December 31, 2026, with 45,126,065 votes for, 447,810 against and 105,123 abstentions. A proposal to convert the company into a corporation organized under Nevada law, including adoption of new Nevada articles of incorporation, was approved with 33,617,617 votes for, 9,887,048 against and 49,745 abstentions.
In addition, an adjournment proposal intended to allow extra time for proxy solicitation if needed received 33,661,566 votes for, 9,843,568 against and 49,276 abstentions, although the meeting ultimately was not adjourned before the conversion proposal vote.
Liberty Media Corporation reported much stronger first quarter 2026 results, driven by Formula 1 and the addition of MotoGP. Consolidated revenue rose to $711 million from $447 million, and operating income swung to a $64 million profit from a $67 million loss.
Net earnings attributable to Liberty stockholders increased to $57 million from $5 million. Formula 1 revenue grew to $617 million with Adjusted OIBDA doubling to $172 million, while MotoGP contributed $94 million of revenue and $16 million of Adjusted OIBDA. Total cash climbed to $1.33 billion and consolidated leverage improved to 3.0x.
Liberty Media Corporation reported stronger results for the three months ended March 31, 2026. Revenue rose to $711 million from $447 million, driven mainly by Formula 1 and the first full-quarter contribution from MotoGP. Formula 1 revenue increased to $617 million with one additional race, higher media rights, sponsorship and hospitality activity, and growing Las Vegas operations.
The company swung from an operating loss of $67 million to operating income of $64 million, and earnings from continuing operations rose to $53 million. Net earnings attributable to Liberty stockholders were $57 million. Cash and cash equivalents increased to $1,332 million, while long-term debt was about $4,968 million, largely at the Formula 1 and MotoGP levels and non-recourse to Liberty.
Liberty Media Corporation announced that President and CEO Derek Chang will present at the J.P. Morgan Global Technology, Media and Communications Conference in Boston on Tuesday, May 19 at 9:25 a.m. E.T.
The presentation will be webcast live via Liberty Media’s investor relations website, with an archived replay available online after required SEC filings. Chang may discuss the company’s financial performance, outlook and other forward-looking matters during the appearance.
Liberty Media Corporation announced it will host a conference call to discuss its first quarter 2026 results on Thursday, May 7 at 10:00 a.m. E.T. A press release with the results will be issued before the market opens that day.
The call will include prepared remarks and a brief Q&A with management and will be available by phone and webcast through Liberty Media’s investor relations website. This information, including the related press release, is being furnished under Regulation FD, not filed, via an 8-K with Exhibit 99.1.
MALONE JOHN C reported open-market sale transactions in this Form 4 filing.
Liberty Media Corp insider John C. Malone entered into a derivative transaction involving Series A Liberty Formula One Common Stock. On March 30, 2026, he wrote over-the-counter put options with an aggregate underlying 250,000 shares at a strike price of $71.7531 per share.
Malone received an aggregate premium of approximately $1,284,000 in connection with these put options. The options are European style and may be settled physically or in cash at his option, and they expire in three approximately equal components on March 29, 2027, March 30, 2027 and March 31, 2027.
Liberty Media’s Series A Formula One shareholder John C. Malone filed an amended Schedule 13D reporting updated holdings and new derivatives. He beneficially owns 491,170 shares of Series A Liberty Formula One Common Stock, representing 2.0% of that class, based on 23,991,058 shares outstanding as of March 23, 2026.
Including his Series B Liberty Formula One Common Stock, Malone may be deemed to control voting equity representing approximately 49.49% of the issuer’s voting power in director elections. On March 30, 2026 he wrote over-the-counter European-style put options on 250,000 Series A shares at a strike price of $71.7531, receiving about $1,284,000 in premiums. The puts can be physically or cash settled at his option and expire in three tranches on March 29, March 30 and March 31, 2027.
Malone states he holds his shares for investment purposes and currently has no specific plans for transactions or corporate actions involving Liberty Media, while reserving the right to change his intentions and buy or sell shares in the future depending on business, tax, liquidity and market considerations.
Liberty Media Corporation is asking voting stockholders to approve four items at its fully virtual 2026 annual meeting on May 11, 2026. Stockholders will vote on re-electing three Class I directors (Derek Chang, Evan D. Malone and Larry E. Romrell) to terms ending at the 2029 annual meeting and on ratifying KPMG LLP as independent auditors for the fiscal year ending December 31, 2026.
The most significant proposal is a conversion of Liberty Media from a Delaware corporation to a Nevada corporation, including new Nevada articles of incorporation and bylaws. The Board states this move is expected to reduce long-term costs, increase predictability in decision making, lessen the risk of opportunistic litigation and help attract and retain qualified management. An additional adjournment proposal would allow the company to postpone and continue soliciting proxies if support for the conversion is initially insufficient.
Only holders of FWONA (one vote per share) and FWONB (ten votes per share) at 5:00 p.m. New York City time on March 23, 2026 may vote; FWONK shares are non‑voting except as required by Delaware law. The proxy also details Liberty Media’s board structure, committee composition, sustainability priorities and a pay-for-performance oriented executive compensation program with significant performance-based bonuses and equity awards.