Liberty Media: Vanguard now reports 0% stake

Liberty Media Corp (FWONA) is the subject of this amended Schedule 13G/A, in which The Vanguard Group reports that it now has 0 shares of Liberty Media common stock under its beneficial ownership and 0% of the class, with no voting or dispositive power.

Rhea-AI Filing Summary

Liberty Media Corp (FWONA) is the subject of this amended Schedule 13G/A, in which The Vanguard Group reports that it now has 0 shares of Liberty Media common stock under its beneficial ownership and 0% of the class, with no voting or dispositive power.

The Vanguard Group explains that, following an internal realignment on January 12, 2026, certain subsidiaries and business divisions now report their holdings separately in reliance on SEC Release No. 34-39538, and Vanguard is no longer deemed to beneficially own those securities. This amendment is filed solely to correct the issuer CIK in a prior amendment and does not reflect any change in beneficial ownership.

Key Figures

Beneficially owned shares: 0 shares Percent of class: 0% Internal realignment date: January 12, 2026 +1 more

4 metrics

Beneficially owned shares 0 shares Amount beneficially owned by The Vanguard Group in Liberty Media Corp common stock

Percent of class 0% Reported percentage of Liberty Media Corp common stock beneficially owned by The Vanguard Group

Internal realignment date January 12, 2026 Date The Vanguard Group, Inc. underwent the internal realignment affecting beneficial ownership reporting

Signature date September 3, 2026 Date the Schedule 13G/A amendment was signed by The Vanguard Group’s authorized signatory

Key Terms

beneficial ownership, dispositive power, Schedule 13G, SEC Release No. 34-39538, +1 more

5 terms

beneficial ownership regulatory

"will report beneficial ownership separately (on a disaggregated basis)"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

dispositive power regulatory

"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G regulatory

"This Amendment is being filed solely to correct the issuer CIK"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

SEC Release No. 34-39538 regulatory

"in accordance with SEC Release No. 34-39538 (January 12, 1998)"

Investment Company Act of 1940 regulatory

"investment companies registered under the Investment Company Act of 1940"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

FAQ

What does this Schedule 13G/A filing report for Liberty Media Corp (FWONA)?

It reports that The Vanguard Group now has 0 shares of Liberty Media Corp common stock under beneficial ownership and 0% of the class, with no sole or shared voting or dispositive power over the securities.

Why does Vanguard report 0% ownership of FWONA in this amendment?

The filing states that on January 12, 2026, The Vanguard Group, Inc. underwent an internal realignment, after which certain subsidiaries and business divisions report their beneficial ownership separately under SEC Release No. 34-39538, so Vanguard is no longer deemed to beneficially own those securities.

Does this particular amendment reflect any change in Vanguard’s ownership of FWONA?

No. The filing states that this amendment is being made solely to correct the issuer CIK from a previously filed amendment and that no change in beneficial ownership is being reported in this amendment.

What voting and dispositive powers does Vanguard report over FWONA shares?

The Vanguard Group reports 0 shares with sole voting power, 0 shares with shared voting power, 0 shares with sole dispositive power, and 0 shares with shared dispositive power, indicating no current control over Liberty Media Corp common stock.

Who signed the Schedule 13G/A for The Vanguard Group regarding FWONA?

The filing is signed by My Trieu-Gatt, identified as Authorized Signatory, Head of Global Fund Administration, with the signature dated September 3, 2026.

Does any Vanguard client hold more than 5% of FWONA according to this filing?

The filing notes that The Vanguard Group and its managed accounts may receive dividends or sale proceeds from the securities reported, but confirms that no one other person's interest in those securities is more than 5% of the class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 02:17 PM Accepted by SEC EDGAR 09/03/2026 - 02:17 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 8)

Liberty Media Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

531229755

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 531229755

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions. This Amendment is being filed solely to correct the issuer CIK reported in a previously filed Schedule 13G/A. No change in beneficial ownership is being reported.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Liberty Media Corp
(b)	Address of issuer's principal executive offices: 12300 Liberty Bvd, Englewood, CO, 80112
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 531229755
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	My Trieu-Gatt
Name/Title:	Authorized Signatory, Head of Global Fund Administration
Date:	09/03/2026