- What is °Ù»¨ÊÓÆµ?
°Ù»¨ÊÓÆµ owns interests in a broad range of media, entertainment and sports businesses. Those interests are attributed to two tracking stock groups: the °Ù»¨ÊÓÆµ Live Group and the Formula One Group.
- What are the differences between each of the °Ù»¨ÊÓÆµ Formula One common stock and °Ù»¨ÊÓÆµ Live common stock and the Series A, Series B and Series C common stocks?
- The °Ù»¨ÊÓÆµ Formula One common stock and the °Ù»¨ÊÓÆµ Live common stock are intended to track and reflect the economic performance of the businesses, assets and liabilities attributed to the Formula Group and the °Ù»¨ÊÓÆµ Live Group, respectively.
- Series A common stock has one vote per share, Series B common stock has ten votes per share and Series C common stock is non-voting stock (subject to certain exceptions in the case of Series C common stock).
- Series B common stock is exchangeable at any time by the holder on a one-for-one basis for Series A common stock. Series A and Series C common stock are not exchangeable at any time by the holder of such stock.
- What are your stock symbols?
- The Series A and Series C °Ù»¨ÊÓÆµ Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B °Ù»¨ÊÓÆµ Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
- The Series A and Series C °Ù»¨ÊÓÆµ Live common stock trade on the Nasdaq Global Select Market under the stock symbols LLYVA and LLYVK, respectively. The Series B °Ù»¨ÊÓÆµ Live common stock is quoted on the OTC Markets under the symbol LLYVB.
- What happened to the °Ù»¨ÊÓÆµ SiriusXM Group and LSXMA/LSXMB/LSXMK ticker symbols? Can I still purchase shares?
On September 9, 2024, °Ù»¨ÊÓÆµ competed the transaction with Sirius XM whereby the °Ù»¨ÊÓÆµ SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, °Ù»¨ÊÓÆµ SiriusXM is no longer a tracking stock group of °Ù»¨ÊÓÆµ.
- Do I need to take any action to exchange my shares of former LSXMA, LSXMB and LSXMK common stock for shares of the new Sirius XM stock following the transaction?
No additional action needs to be taken by shareholders. As part of the transaction, °Ù»¨ÊÓÆµ SiriusXM shareholders received [0.83] shares of the new Sirius XM common stock (NASDAQ: SIRI) for each outstanding share of °Ù»¨ÊÓÆµ SiriusXM common stock previously held, with cash paid in lieu of fractional shares. If you have further questions, please call Broadridge, °Ù»¨ÊÓÆµâ€™s transfer agent at (888) 789-8415.
- Was the 2024 split-off of °Ù»¨ÊÓÆµ SiriusXM Group and the subsequent merger with Sirius XM Holdings Inc. taxable to °Ù»¨ÊÓÆµ SiriusXM shareholders?
The split-off and reclassification were structured not to be taxable to °Ù»¨ÊÓÆµ shareholders; additional information on tax implications can be found in the filed S-4 here.
- Were the 2023 split-off of Atlanta Braves Holdings, Inc. and reclassification of °Ù»¨ÊÓÆµ tracking stocks taxable to °Ù»¨ÊÓÆµ shareholders?
- The split-off and reclassification were structured not to be taxable to °Ù»¨ÊÓÆµ shareholders; additional information on tax implications can be found in the filed S-4 here.
- Do I need to take any action to exchange my shares of former Series A, Series B and Series C common stock for shares of the new tracking stocks following the August 2023 reclassification?
- No additional action needs to be taken by shareholders. In the reclassification, each outstanding share of °Ù»¨ÊÓÆµ SiriusXM common stock was reclassified into one share of the corresponding series of new °Ù»¨ÊÓÆµ SiriusXM common stock and 0.2500 of a share of the corresponding series of °Ù»¨ÊÓÆµ Live common stock, and each outstanding share of °Ù»¨ÊÓÆµ Formula One common stock was reclassified into one share of the corresponding series of new °Ù»¨ÊÓÆµ Formula One common stock and 0.0428 of a share of the corresponding series of °Ù»¨ÊÓÆµ Live common stock. If you have further questions, please call Broadridge, °Ù»¨ÊÓÆµâ€™s transfer agent at (888) 789-8415.
- What happened to the Braves Group and BATRA/BATRB/BATRK ticker symbols? Can I still purchase shares?
- °Ù»¨ÊÓÆµ completed the split-off of Atlanta Braves Holdings, Inc. on July 18, 2023. As a result, °Ù»¨ÊÓÆµ and Atlanta Braves Holdings are separate publicly traded companies. Atlanta Braves Holdings consists of the assets and liabilities previously attributed to the Braves Group tracking stock of °Ù»¨ÊÓÆµ, including the Atlanta Braves baseball club and the associated mixed-use development project, The Battery Atlanta. Atlanta Braves Holdings, Inc. stock trades under the same tickers as the previous Braves Group tracking stock (NASDAQ: BATRA, BATRK; OTC: BATRB).
- Prior to the September 2011 split-off, as a shareholder of °Ù»¨ÊÓÆµ Interactive Corporation, how many shares of °Ù»¨ÊÓÆµ Interactive and °Ù»¨ÊÓÆµ Capital tracking stock did I receive in the May 2006 restructuring?
Each holder of the then-°Ù»¨ÊÓÆµ Series A common stock received 0.25 of a share of °Ù»¨ÊÓÆµ Interactive Series A common stock and 0.05 of a share of °Ù»¨ÊÓÆµ Capital Series A common stock for each share of old °Ù»¨ÊÓÆµ Series A common stock held; and each holder of the then-°Ù»¨ÊÓÆµ Series B common stock received 0.25 of a share of °Ù»¨ÊÓÆµ Interactive Series B common stock and 0.05 of a share of °Ù»¨ÊÓÆµ Capital Series B common stock for each share of old °Ù»¨ÊÓÆµ Series B common stock held.
- As a °Ù»¨ÊÓÆµ Capital group shareholder how many shares of °Ù»¨ÊÓÆµ Entertainment tracking stock did I receive in the March 2008 reclassification at °Ù»¨ÊÓÆµ Interactive Corporation?
With the reclassification of °Ù»¨ÊÓÆµ Capital in March 2008, each holder of °Ù»¨ÊÓÆµ Capital group Series A common stock received 4 shares of °Ù»¨ÊÓÆµ Entertainment Series A common stock and maintained existing holdings of °Ù»¨ÊÓÆµ Capital group Series A common stock.
Each holder of °Ù»¨ÊÓÆµ Capital group Series B common stock received 4 shares of °Ù»¨ÊÓÆµ Entertainment Series B common stock and maintained existing holdings of °Ù»¨ÊÓÆµ Capital group Series B common stock.
Shares of °Ù»¨ÊÓÆµ Interactive were not affected by the reclassification of the °Ù»¨ÊÓÆµ Capital common stock.
- As a shareholder, how many shares of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Capital or °Ù»¨ÊÓÆµ Starz common stock did I receive in the September 2011 split-off the °Ù»¨ÊÓÆµ Capital and °Ù»¨ÊÓÆµ Starz tracking stock groups from °Ù»¨ÊÓÆµ Interactive Corporation?
Each holder of °Ù»¨ÊÓÆµ Interactive Corporation's °Ù»¨ÊÓÆµ Capital Series A common stock received 1 share of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Capital Series A common stock.
Each holder of °Ù»¨ÊÓÆµ Interactive Corporation's °Ù»¨ÊÓÆµ Capital Series B common stock received 1 share of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Capital Series B common stock.
Each holder of °Ù»¨ÊÓÆµ Interactive Corporation's °Ù»¨ÊÓÆµ Starz Series A common stock received 1 share of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Starz Series A common stock.
Each holder of °Ù»¨ÊÓÆµ Interactive Corporation's °Ù»¨ÊÓÆµ Starz Series B common stock received 1 share of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Starz Series B common stock.
- What happened to °Ù»¨ÊÓÆµ Capital and the LCAPA/LCAPB ticker symbols? Can I still purchase shares?
On November 28, 2011, °Ù»¨ÊÓÆµ eliminated its tracking stock structure by converting each share of its °Ù»¨ÊÓÆµ Starz common stock into 0.88129 of a share of the corresponding series of °Ù»¨ÊÓÆµ Capital common stock. In connection with that transaction, °Ù»¨ÊÓÆµ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. The ticker symbols LCAPA and LCAPB are no longer used.
- What happened to °Ù»¨ÊÓÆµ Starz and the LSTZA/LSTZB ticker symbols? Can I still purchase shares?
On November 28, 2011, °Ù»¨ÊÓÆµ eliminated its tracking stock structure by converting each share of its °Ù»¨ÊÓÆµ Starz common stock into 0.88129 of a share of the corresponding series of °Ù»¨ÊÓÆµ Capital common stock. In connection with that transaction, °Ù»¨ÊÓÆµ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011. Investors can no longer purchase LSTZA and LSTZB shares.
- How do I purchase °Ù»¨ÊÓÆµ stock?
°Ù»¨ÊÓÆµ has no direct stock purchase plan. You can purchase °Ù»¨ÊÓÆµ Formula One common stock or °Ù»¨ÊÓÆµ Live common stock through a broker.
- What happened to °Ù»¨ÊÓÆµ over the years and the L ticker symbol? Can I still purchase L shares?
On May 9, 2006, shares of the entity formerly known as °Ù»¨ÊÓÆµ were exchanged for shares of the °Ù»¨ÊÓÆµ Interactive and °Ù»¨ÊÓÆµ Capital tracking stocks and the old °Ù»¨ÊÓÆµ Series A and Series B shares, which traded under the L and LMC.B ticker symbols, ceased trading. Investors can no longer purchase L or LMC.B shares.
On March 3, 2008, holders of °Ù»¨ÊÓÆµ Capital tracking stock were issued shares of °Ù»¨ÊÓÆµ Entertainment tracking stock.
On November 20, 2009, holders of °Ù»¨ÊÓÆµ Entertainment tracking stock were issued shares of DIRECTV and °Ù»¨ÊÓÆµ Starz tracking stock. °Ù»¨ÊÓÆµ Entertainment Series A and Series B shares, which traded under the LMDIA and LMDIB ticker symbols, ceased trading.
On September 23, 2011, °Ù»¨ÊÓÆµ Interactive Corporation redeemed all of the shares of its °Ù»¨ÊÓÆµ Capital common stock in exchange for shares of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Capital common stock, and redeemed all of the shares of its °Ù»¨ÊÓÆµ Starz common stock for shares of °Ù»¨ÊÓÆµ's °Ù»¨ÊÓÆµ Starz common stock.
Following these redemptions, °Ù»¨ÊÓÆµ, which previously existed as a subsidiary of °Ù»¨ÊÓÆµ Interactive Corporation, was split-off from °Ù»¨ÊÓÆµ Interactive Corporation. The redemptions and split-off had no effect on the holders of °Ù»¨ÊÓÆµ Interactive common stock. °Ù»¨ÊÓÆµ Interactive Corporation (now known as Qurate Retail, Inc.) and °Ù»¨ÊÓÆµ are now two separate publicly traded companies and are not affiliated with each other.
On November 28, 2011, °Ù»¨ÊÓÆµ eliminated its tracking stock structure by converting each share of its °Ù»¨ÊÓÆµ Starz common stock into 0.88129 of a share of the corresponding series of °Ù»¨ÊÓÆµ Capital common stock. In connection with that transaction, °Ù»¨ÊÓÆµ Capital common stock began trading under the new Nasdaq symbols of LMCA and LMCB beginning on November 29, 2011.
On January 11, 2013, °Ù»¨ÊÓÆµ (formerly known as °Ù»¨ÊÓÆµ Spinco, Inc.) was spun-off from Starz (formerly known as °Ù»¨ÊÓÆµ). The spin-off was accomplished by the distribution by Starz of a dividend of one share of °Ù»¨ÊÓÆµâ€™s Series A common stock for each outstanding share of Starz’s Series A °Ù»¨ÊÓÆµ Capital common stock, and one share of °Ù»¨ÊÓÆµâ€™s Series B common stock for each outstanding share of Starz’s Series B °Ù»¨ÊÓÆµ Capital common stock held as of January 10, 2013. The °Ù»¨ÊÓÆµ common stock continued to trade under the Nasdaq symbols of LMCA and LMCB.
In April 2016, °Ù»¨ÊÓÆµ reclassified its common stock into three tracking stocks and each holder of °Ù»¨ÊÓÆµâ€™s former Series A, Series B and Series C common stock received 1 share of the corresponding series of °Ù»¨ÊÓÆµ SiriusXM common stock (tickers LSXMA/LSXMB/LSXMK), 0.1 of a share of the corresponding series of °Ù»¨ÊÓÆµ Braves common stock (tickers BATRA/BATRB/BATRK) and 0.25 of a share of the corresponding series of °Ù»¨ÊÓÆµ common stock (tickers LMCA/LMCB/LMCK).
In January 2017, °Ù»¨ÊÓÆµ changed the name of its °Ù»¨ÊÓÆµ common stock to °Ù»¨ÊÓÆµ Formula One common stock (tickers FWONA/FWONB/FWONK) in connection with °Ù»¨ÊÓÆµâ€™s acquisition of the Formula 1 business.
In July 2023, °Ù»¨ÊÓÆµ completed the split-off of Atlanta Braves Holdings, Inc. As a result, °Ù»¨ÊÓÆµ and Atlanta Braves Holdings, Inc. are separate publicly traded companies.
In August 2023, °Ù»¨ÊÓÆµ reclassified its existing °Ù»¨ÊÓÆµ SiriusXM common stock and °Ù»¨ÊÓÆµ Formula One common stock into three new tracking stocks: °Ù»¨ÊÓÆµ SiriusXM Group (tickers LSXMA/LSXMB/LSXMK), °Ù»¨ÊÓÆµ Formula One Group (tickers FWONA, FWONB, FWONK) and °Ù»¨ÊÓÆµ Live Group (ticker LLYVA, LLYVB, LLYVK).
In September 2024, °Ù»¨ÊÓÆµ competed a transaction with Sirius XM whereby the °Ù»¨ÊÓÆµ SiriusXM tracking stock group was separated by means of a redemptive split-off into a separate company. This company was subsequently combined with Sirius XM Holdings Inc. to create a new public company that continues to operate under the Sirius XM name and brand (NASDAQ: SIRI). As a result, °Ù»¨ÊÓÆµ SiriusXM is no longer a tracking stock group of °Ù»¨ÊÓÆµ.
- Was the 2008 restructuring taxable to °Ù»¨ÊÓÆµ shareholders?
The 2008 reclassification and issuance of the °Ù»¨ÊÓÆµ Interactive, °Ù»¨ÊÓÆµ Entertainment and °Ù»¨ÊÓÆµ Capital tracking stocks was structured not to be taxable to shareholders.
- What happened to °Ù»¨ÊÓÆµ Entertainment and the LMDIA/LMDIB ticker symbol? Can I still purchase shares?
In November 20, 2009, shares of °Ù»¨ÊÓÆµ Entertainment were exchanged for shares of DIRECTV and the °Ù»¨ÊÓÆµ Starz tracking stock and the old °Ù»¨ÊÓÆµ Entertainment Series A and Series B shares ceased trading. Investors can no longer purchase LMDIA or LMDIB shares.
- Was the split-off of °Ù»¨ÊÓÆµ Entertainment, Inc., and business combination with DIRECTV taxable to °Ù»¨ÊÓÆµ Entertainment Shareholders?
The split-off of °Ù»¨ÊÓÆµ Entertainment, Inc. and business combination with DIRECTV was structured not to be taxable to °Ù»¨ÊÓÆµ shareholders.
- Was the September 23, 2011 split-off of the °Ù»¨ÊÓÆµ Capital and °Ù»¨ÊÓÆµ Starz tracking stock group from °Ù»¨ÊÓÆµ Interactive Corporation taxable to °Ù»¨ÊÓÆµ Capital, °Ù»¨ÊÓÆµ Starz, or °Ù»¨ÊÓÆµ Interactive shareholders?
The September 23, 2011 split-off of °Ù»¨ÊÓÆµ Capital and °Ù»¨ÊÓÆµ Starz from °Ù»¨ÊÓÆµ Interactive was structured to not be taxable to °Ù»¨ÊÓÆµ Capital, °Ù»¨ÊÓÆµ Starz and °Ù»¨ÊÓÆµ Interactive shareholders.
- How do I exchange my shares of former Series A, Series B and Series C common stock for shares of the new tracking stocks following the April 2016 reclassification?
As a shareholder of record of °Ù»¨ÊÓÆµ, you should have received a letter of transmittal to submit with your shares. If you did not receive this document or have misplaced this document, please call Broadridge, °Ù»¨ÊÓÆµâ€™s transfer agent at (888) 789-8415 and a customer service representative will be able to assist you.
- Does the Company pay a cash dividend?
°Ù»¨ÊÓÆµ has not paid a cash dividend on any class of its stock in the past and does not currently intend to pay cash dividends on any class of its stock.
- Does °Ù»¨ÊÓÆµ hold an annual meeting of shareholders?
Yes. Webcasts of meetings can be found on the IR Calendar page under the Investor Relations section of this website.
- When does the Company report financial results?
°Ù»¨ÊÓÆµ will report within 40 days after the end of the first, second and third quarters and within 60 days after year-end.
- Where can I find the Company's financial statements?
°Ù»¨ÊÓÆµ financial statements can be found on our web site under the Investor Relations section or at .
- How do I obtain information about my account or transfer ownership of my stock?
To contact the Company's transfer agent, Broadridge, please go to the Contact section or you can call them directly at (888) 789-8415.
- How do I calculate my cost basis?
For more information on calculating your cost basis (tax basis) please visit the page of this Web site.
- Where can I get information on current happenings within the Company?
We can add your name to one of our distribution lists, via our Contact Us page, you can view the Press Release section of this Web site or you can visit our Event Calendar pages on this Web site.
- Is °Ù»¨ÊÓÆµ related to Atlanta Braves Holdings, Inc., Qurate Retail, Inc., °Ù»¨ÊÓÆµ Broadband Corporation, °Ù»¨ÊÓÆµ TripAdvisor Holdings, Inc., Starz, °Ù»¨ÊÓÆµ Global plc or °Ù»¨ÊÓÆµ Latin America Ltd.?
°Ù»¨ÊÓÆµ, Atlanta Braves Holdings, Inc., Qurate Retail, Inc., °Ù»¨ÊÓÆµ Broadband Corporation, °Ù»¨ÊÓÆµ TripAdvisor Holdings, Inc., Starz, °Ù»¨ÊÓÆµ Global plc and °Ù»¨ÊÓÆµ Latin America Ltd. are separate public companies.
- Were my shares of Discovery Holding Company or °Ù»¨ÊÓÆµ Global affected by the 2008 restructuring?
Shares of Discovery Holding Company and °Ù»¨ÊÓÆµ Global were not affected by the 2008 issuance of the °Ù»¨ÊÓÆµ Interactive, °Ù»¨ÊÓÆµ Entertainment group and °Ù»¨ÊÓÆµ Capital tracking stocks.
- How can I reach the Company for answers to additional questions?
You can contact us via e-mail at investor@libertymedia.com.
- In connection with the dividend of °Ù»¨ÊÓÆµ's Series C common stock on July 23, 2014, how many shares of Series C common stock did I receive?
Holders of Series A and Series B common stock as of 5:00 p.m. E.D.T. time on July 7, 2014, the record date for the dividend, received a dividend of two shares of Series C common stock for each share of Series A or Series B common stock held by them as of the record date. To determine your basis allocation, .
- As a °Ù»¨ÊÓÆµ shareholder, how many shares of °Ù»¨ÊÓÆµ Broadband Corporation (NASDAQ: LBRDA/B/K) did I receive in the November 2014 spin-off?
In the spin-off, record holders of °Ù»¨ÊÓÆµâ€™s Series A, Series B and Series C common stock received one-fourth of a share of the corresponding series of °Ù»¨ÊÓÆµ Broadband Corporation’s common stock for every whole share of °Ù»¨ÊÓÆµ's common stock, with cash in lieu of fractional shares.
- What assets were spun-off as part of °Ù»¨ÊÓÆµ Broadband Corporation in November 2014?
Immediately following the spin-off, °Ù»¨ÊÓÆµ Broadband Corporation (NASDAQ: LBRDA/B/K) was comprised of among other things, its (i) interest in Charter Communications, Inc., (ii) subsidiary TruePosition, Inc., (iii) minority equity investment in Time Warner Cable Inc., (iv) certain deferred tax liabilities, as well as liabilities related to the Time Warner Cable Inc. call option and (v) net debt of $300 million.
- What is the °Ù»¨ÊÓÆµ Live Group?
The businesses and assets attributed to the °Ù»¨ÊÓÆµ Live Group consist of °Ù»¨ÊÓÆµâ€™s interest in Live Nation and other minority investments.
- What is the Formula One Group (formerly known as the °Ù»¨ÊÓÆµ Group)?
The Formula One Group consists of its subsidiaries Formula 1®, MotoGP™, Quint and other minority investments.
- As a °Ù»¨ÊÓÆµ shareholder, how many shares of °Ù»¨ÊÓÆµ Group, Braves Group and °Ù»¨ÊÓÆµ SiriusXM Group tracking stocks did I receive in the April 2016 reclassification of °Ù»¨ÊÓÆµ?
With the reclassification of °Ù»¨ÊÓÆµ in April 2016, each holder of °Ù»¨ÊÓÆµâ€™s former Series A, Series B and Series C common stock received:
- 1 share of the corresponding series of °Ù»¨ÊÓÆµ SiriusXM common stock
- 0.1 of a share of the corresponding series of Braves common stock
- 0.25 of a share of the corresponding series of °Ù»¨ÊÓÆµ common stock
- What happened to the LMCA/LMCB/LMCK ticker symbols?
Following the reclassification in April 2016 described above, the LMCA/LMCB/LMCK ticker symbols were changed to represent the new °Ù»¨ÊÓÆµ common stock which tracked the °Ù»¨ÊÓÆµ Group. Following °Ù»¨ÊÓÆµâ€™s acquisition of Formula 1 in January 2017, the °Ù»¨ÊÓÆµ Group was renamed the Formula One Group and the tickers were changed from LMCA/LMCB/LMCK to FWONA/FWONB/FWONK.
- Were there any tax implications from °Ù»¨ÊÓÆµ's acquisition of Formula 1 and the associated name change of the °Ù»¨ÊÓÆµ Group to the Formula One Group in January 2017?
The Formula 1 acquisition was not taxable to stockholders of °Ù»¨ÊÓÆµ for U.S. income tax purposes. The name change to the Formula One Group was not taxable for U.S. income tax purposes.