Profile: Liberty Media Corp (LMCA.O)
21 Oct 2016
Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc. (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc. (Live Nation). The Company operates through two segments: SIRIUS X, and corporate and other. SIRIUS XM transmits its music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its approximately two satellite radio systems. Subscribers can also receive music and other channels, and features, such as Sirius XM On Demand and MySXM, over SIRIUS XM's Internet radio service, including through applications for mobile devices. SIRIUS XM has approximately 29.6 million subscribers. Its corporate and other segment includes its consolidated subsidiary, Braves Holdings.
SIRIUS XM's satellite radios are distributed through automakers (original equipment manufacturers (OEMs)); retail stores nationwide, and through its Website. SIRIUS XM is also engaged in providing connected vehicle applications and services. SIRIUS XM offers a programming lineup of commercial-free music, sports, entertainment, comedy, talk, news, traffic and weather, including a selection of music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin and classical; live play-by-play sports from major leagues and colleges; a multitude of talk and entertainment channels for a range of audiences; a range of national, international and financial news; exclusive limited run channels, and local traffic and weather reports for over 20 metropolitan markets throughout the United States. SiriusXM On Demand offers SIRIUS XM's Internet radio subscribers listening on its online media player and on smartphones the ability to choose their episodes from a catalog of content. MySXM allows subscribers to personalize SIRIUS XM's existing commercial-free music and comedy channels to create a customized listening experience.
SIRIUS XM is developing a product, SXM17, which focuses on combining SIRIUS XM's satellite and Internet services into a cohesive in-vehicle entertainment experience. SIRIUS XM has authorized manufacturers and distributors to produce and distribute radios, and has licensed its technology to various electronics manufacturers to develop, manufacture and distribute radios under certain brands. SIRIUS XM also has an equity interest in the satellite radio services offered in Canada through its investment in Sirius XM Canada Holdings, Inc. (SIRIUS XM Canada). SIRIUS XM offers Travel Link, a suite of data services that includes graphical weather, fuel prices, sports schedules and scores, and movie listings. SIRIUS XM also offers various real-time weather services designed for managing situational awareness in vehicle, marine and/or aviation use.
Braves Holdings (collectively with its subsidiaries) is the indirect owner and operator of the Major League Baseball (MLB) club the Atlanta Braves (Braves), and certain assets and liabilities associated with the Braves' stadium and Braves Holdings' mixed use development project. The Braves offer single game tickets, as well as various season ticket packages. Live Nation is a live entertainment company, which seeks to enhance the live entertainment experience for artists and fans before, during and after the show. Live Nation operates through four business segments: Concerts, Ticketing, Artist Nation and Sponsorship & Advertising.
The Company competes with Apple, Google, Pandora, iHeartRadio and Spotify.
Liberty Media Corp
12300 Liberty Blvd
ENGLEWOOD CO 80112-7009
Company Web Links
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