Liberty Live Holdings, Inc. reported a sharp first‑quarter 2026 net loss of $294,138 thousand, compared with $29,476 thousand a year earlier. Revenue rose to $63,620 thousand as Quint hosted more Formula 1 and MotoGP events, partly offset by weaker NBA hospitality demand.
The loss was driven mainly by a $124,326 thousand equity‑method loss from Live Nation and $229,632 thousand of realized and unrealized losses on financial instruments, including its 2.375% exchangeable debentures and related forward contracts. Live Nation also recorded a $450 million litigation provision tied to its U.S. antitrust case, which reduced Liberty Live’s share of earnings.
Despite the loss, Liberty Live ended March 31, 2026 with $524,431 thousand of cash and cash equivalents and $400,000 thousand of undrawn capacity on its Live Nation margin loan. However, all $1,818,523 thousand of exchangeable debentures were classified as current because holders can exchange them for cash through June 30, 2026, creating a sizeable near‑term liability against its large Live Nation stake.
Liberty Live Holdings, Inc. reported a sharp first‑quarter 2026 net loss of $294,138 thousand, compared with $29,476 thousand a year earlier. Revenue rose to $63,620 thousand as Quint hosted more Formula 1 and MotoGP events, partly offset by weaker NBA hospitality demand.
The loss was driven mainly by a $124,326 thousand equity‑method loss from Live Nation and $229,632 thousand of realized and unrealized losses on financial instruments, including its 2.375% exchangeable debentures and related forward contracts. Live Nation also recorded a $450 million litigation provision tied to its U.S. antitrust case, which reduced Liberty Live’s share of earnings.
Despite the loss, Liberty Live ended March 31, 2026 with $524,431 thousand of cash and cash equivalents and $400,000 thousand of undrawn capacity on its Live Nation margin loan. However, all $1,818,523 thousand of exchangeable debentures were classified as current because holders can exchange them for cash through June 30, 2026, creating a sizeable near‑term liability against its large Live Nation stake.
Liberty Live Holdings, Inc. completed privately negotiated exchanges of approximately $1,116 million aggregate principal amount of its 2.375% Exchangeable Senior Debentures due 2053 for an equal principal amount of newly issued debentures, canceling the exchanged old notes. As of March 20, 2026, about $34 million principal of the old debentures remains outstanding.
The new debentures are unsecured senior obligations bearing 2.375% annual interest, maturing on September 30, 2053, with quarterly interest payments starting March 31, 2026. Each $1,000 principal amount is initially exchangeable into cash equal to the value of 9.5320 shares of Live Nation Entertainment, Inc. common stock, with about 10.5 million Live Nation shares initially attributable in total.
The company may redeem the new debentures, in whole or in part, on or after September 30, 2032, and holders can require the company to purchase their debentures on the same date at 100% of adjusted principal plus accrued interest and any final period distribution, under an indenture with U.S. Bank Trust Company, National Association.
Liberty Live Holdings, Inc. completed privately negotiated exchanges of approximately $1,116 million aggregate principal amount of its 2.375% Exchangeable Senior Debentures due 2053 for an equal principal amount of newly issued debentures, canceling the exchanged old notes. As of March 20, 2026, about $34 million principal of the old debentures remains outstanding.
The new debentures are unsecured senior obligations bearing 2.375% annual interest, maturing on September 30, 2053, with quarterly interest payments starting March 31, 2026. Each $1,000 principal amount is initially exchangeable into cash equal to the value of 9.5320 shares of Live Nation Entertainment, Inc. common stock, with about 10.5 million Live Nation shares initially attributable in total.
The company may redeem the new debentures, in whole or in part, on or after September 30, 2032, and holders can require the company to purchase their debentures on the same date at 100% of adjusted principal plus accrued interest and any final period distribution, under an indenture with U.S. Bank Trust Company, National Association.
Liberty Live Holdings, Inc. entered into privately negotiated exchange agreements with certain holders of its 2.375% Exchangeable Senior Debentures due 2053. Holders agreed to exchange approximately $1,014 million outstanding principal amount of the old debentures for approximately $1,014 million principal amount of new debentures with the same coupon.
The new debentures are also exchangeable for the cash value of Live Nation common stock, but feature updated terms, including a September 30, 2032 initial company redemption and holder repurchase date, a revised make-whole table, and different tax parameters. The exchanges are expected to close on or about March 20, 2026, subject to customary conditions.
Liberty Live Holdings, Inc. entered into privately negotiated exchange agreements with certain holders of its 2.375% Exchangeable Senior Debentures due 2053. Holders agreed to exchange approximately $1,014 million outstanding principal amount of the old debentures for approximately $1,014 million principal amount of new debentures with the same coupon.
The new debentures are also exchangeable for the cash value of Live Nation common stock, but feature updated terms, including a September 30, 2032 initial company redemption and holder repurchase date, a revised make-whole table, and different tax parameters. The exchanges are expected to close on or about March 20, 2026, subject to customary conditions.
Liberty Live Holdings, Inc. CEO and President Chad Hollingsworth reported a tax-related share disposition in Liberty Live’s Series C Liberty Live Group Common Stock. On March 5, 2026, he disposed of 609 shares at $97.20 per share to satisfy tax withholding obligations.
After this tax-withholding disposition, Hollingsworth directly owns 1,276 shares of Series C Liberty Live Group Common Stock. The transaction was reported under code “F,” which indicates payment of an exercise price or tax liability by delivering securities rather than an open-market trade.
Liberty Live Holdings, Inc. CEO and President Chad Hollingsworth reported a tax-related share disposition in Liberty Live’s Series C Liberty Live Group Common Stock. On March 5, 2026, he disposed of 609 shares at $97.20 per share to satisfy tax withholding obligations.
After this tax-withholding disposition, Hollingsworth directly owns 1,276 shares of Series C Liberty Live Group Common Stock. The transaction was reported under code “F,” which indicates payment of an exercise price or tax liability by delivering securities rather than an open-market trade.
Liberty Live Holdings, Inc. executive Brian J. Wendling, the CAO & PFO, reported a tax-related share disposition in Series C Liberty Live Group common stock. On March 5, 2026, 1,491 shares were disposed of to cover tax liabilities at a price of $97.20 per share, leaving him with 18,955 directly held shares.
Liberty Live Holdings, Inc. executive Brian J. Wendling, the CAO & PFO, reported a tax-related share disposition in Series C Liberty Live Group common stock. On March 5, 2026, 1,491 shares were disposed of to cover tax liabilities at a price of $97.20 per share, leaving him with 18,955 directly held shares.
Liberty Live Holdings, Inc. Chief Legal/Admin Officer Renee L. Wilm reported a tax-related share disposition. On March 5, 2026, she disposed of 2,814 shares of Series C Liberty Live Group Common Stock at $97.20 per share to cover tax withholding obligations. After this transaction, she directly held 16,792 shares of the same stock.
Liberty Live Holdings, Inc. Chief Legal/Admin Officer Renee L. Wilm reported a tax-related share disposition. On March 5, 2026, she disposed of 2,814 shares of Series C Liberty Live Group Common Stock at $97.20 per share to cover tax withholding obligations. After this transaction, she directly held 16,792 shares of the same stock.
Liberty Live Holdings, Inc. announced plans to hold its 2026 Annual Meeting of Stockholders as a fully virtual event. The meeting will take place on Monday, May 11, 2026 at 12:00 p.m. Mountain Time.
Stockholders of record as of 5:00 p.m., New York City time, on March 23, 2026 will be eligible to participate. They can listen, vote and submit questions by logging in at www.virtualshareholdermeeting.com/LLYV2026 using the 16-digit control number provided on their proxy card or Notice of Internet Availability of Proxy Materials.
The meeting will also be accessible via webcast through Liberty Live’s investor relations calendar, with an archived version available after required SEC filings. Liberty Live consists of its ownership in Live Nation, its wholly owned subsidiary Quint and other minority investments.
Liberty Live Holdings, Inc. announced plans to hold its 2026 Annual Meeting of Stockholders as a fully virtual event. The meeting will take place on Monday, May 11, 2026 at 12:00 p.m. Mountain Time.
Stockholders of record as of 5:00 p.m., New York City time, on March 23, 2026 will be eligible to participate. They can listen, vote and submit questions by logging in at www.virtualshareholdermeeting.com/LLYV2026 using the 16-digit control number provided on their proxy card or Notice of Internet Availability of Proxy Materials.
The meeting will also be accessible via webcast through Liberty Live’s investor relations calendar, with an archived version available after required SEC filings. Liberty Live consists of its ownership in Live Nation, its wholly owned subsidiary Quint and other minority investments.
Liberty Live Holdings, Inc. is a newly separated holding company created through Liberty Media’s split-off of the Liberty Live Group in December 2025. The company now stands alone with assets including approximately 69.6 million shares of Live Nation, a controlling equity stake equal to about 30% of Live Nation’s outstanding stock as of December 31, 2025, and full ownership of Quint, a provider of premium sports and entertainment hospitality packages.
Liberty Live relies heavily on Live Nation’s performance, which is driven by concert promotion, venue operations, ticketing and sponsorships, and on Quint’s success selling high-end, event-based experiences tied to partners such as Formula 1 and the NBA. The 10-K explains that Liberty Live is highly influenced by its tax sharing and services agreements with Liberty Media, carries about $1.15 billion of debt, and must absorb standalone public company costs. Key risks include concentration in Live Nation, exposure to changing consumer demand for live events, competition across concert and ticketing markets, cybersecurity threats, regulatory compliance, and potential tax liabilities if the split-off were ever challenged under U.S. tax law.
Liberty Live Holdings, Inc. is a newly separated holding company created through Liberty Media’s split-off of the Liberty Live Group in December 2025. The company now stands alone with assets including approximately 69.6 million shares of Live Nation, a controlling equity stake equal to about 30% of Live Nation’s outstanding stock as of December 31, 2025, and full ownership of Quint, a provider of premium sports and entertainment hospitality packages.
Liberty Live relies heavily on Live Nation’s performance, which is driven by concert promotion, venue operations, ticketing and sponsorships, and on Quint’s success selling high-end, event-based experiences tied to partners such as Formula 1 and the NBA. The 10-K explains that Liberty Live is highly influenced by its tax sharing and services agreements with Liberty Media, carries about $1.15 billion of debt, and must absorb standalone public company costs. Key risks include concentration in Live Nation, exposure to changing consumer demand for live events, competition across concert and ticketing markets, cybersecurity threats, regulatory compliance, and potential tax liabilities if the split-off were ever challenged under U.S. tax law.
Liberty Live Holdings, Inc. reported that Chief Legal/Admin Officer Renee L. Wilm acquired 6,205 shares of Series C Liberty Live Group Common Stock at a stated price of $0.00 per share. These shares are being issued after performance criteria for previously granted performance-based restricted stock units were certified as satisfied on February 16, 2026, bringing her direct holdings to 19,606 shares.
Liberty Live Holdings, Inc. reported that Chief Legal/Admin Officer Renee L. Wilm acquired 6,205 shares of Series C Liberty Live Group Common Stock at a stated price of $0.00 per share. These shares are being issued after performance criteria for previously granted performance-based restricted stock units were certified as satisfied on February 16, 2026, bringing her direct holdings to 19,606 shares.
Liberty Live Holdings, Inc. reported that executive Brian J. Wendling, the company’s CAO & PFO, acquired 3,180 shares of Series C Liberty Live Group Common Stock on February 16, 2026. These shares are being issued at no cost following certification that performance criteria tied to prior performance-based restricted stock units were satisfied. After this grant-related issuance, Wendling holds a total of 20,446 shares of this stock directly.
Liberty Live Holdings, Inc. reported that executive Brian J. Wendling, the company’s CAO & PFO, acquired 3,180 shares of Series C Liberty Live Group Common Stock on February 16, 2026. These shares are being issued at no cost following certification that performance criteria tied to prior performance-based restricted stock units were satisfied. After this grant-related issuance, Wendling holds a total of 20,446 shares of this stock directly.