Liberty Media: Last News

Audio entertainment giant SiriusXM, the home of Howard Stern, on Thursday said it added 169,000 self-pay subscribers in its satellite radio and 105,000 in its Pandora unit during the third quarter. The company, controlled by John Malone's Liberty Media, saidthat at SiriusXM total net subscriber additions were 186,000, resulting in 34.4 million total users at the end of September.

John Malone's Liberty Media said Friday that Chase Carey will drop his CEO and chairman titles at racing circuit Formula One to focus on the role of non-executive chairman. Lamborghini's Stefano Domenicaliwill take over as the new president and CEO of Formula One inJanuary.

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Monday reported second-quarter financials as the novel coronavirus pandemic delayed events in its sports operations. Liberty Media posted a loss attributable to its stockholders of $326 million, compared with a year-ago profit of $116 million on a 32 percent revenue drop to $1.91 billion.

Audio entertainment giant SiriusXM, the home of Howard Stern, on Thursday said it added self-pay subscribers in its satellite radio and Pandora businesses for the second quarter, the first one that was fully affected by the coronavirus pandemic.

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Thursday (May 7) reported stable first-quarter overall revenues, but a steep 84% revenue loss from its Formula One race car division. Liberty Media posted earnings of $293 million, up from a year-earlier profit of $162 million, on overall revenues at $2.013 billion, vi

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Thursday reported stable first-quarter overall revenues, but a steep 84 percent revenue loss from its Formula One race car division. Liberty Media posted earnings of $293 million, up from a year-earlier profit of $162 million, on overall revenues at $2.013 billion, virtually unchanged from a year-earlier $2.012 billion.

Audio entertainment giant SiriusXM is planning more formal talks with Howard Stern over the coming months about a potential contract renewal for his The Howard Stern Showas the current five-year deal for it expires at the end of 2020. SiriusXM, controlled by John Malone's Liberty Media, previously said the current pact was part of a broader "12-year agreement, under which legendary broadcaster Stern" has continued to produce and host The Howard Stern Show on SiriusXM.

Audio entertainment giant SiriusXM, the home of Howard Stern, on Tuesday said it added self-pay subscribers in its satellite radio and Pandora businesses for the first quarter, the first one affected by the coronavirus pandemic. But the company, controlled by John Malone's Liberty Media, withdrew its 2020 guidance amid the pandemic and said its satellite radio subscribers fell when including promotional subs.

Audio entertainment giant SiriusXM is planning more formal talks with Howard Stern over the coming months about a potential contract renewal for his The Howard Stern Show as the current five-year deal for it expires at the end of this year.SiriusXM, controlled by John Malone's Liberty Media, previously said that the current pact was part of a broader "12-year agreement, under which legendary broadcaster Stern" has continued to produce and host The Howard Stern Show on SiriusXM.Under the current deal, financial details of which weren't disclosed, SiriusXM also launched its first venture into video programming with Stern.Asked on the firm's first-quarter earnings conference call on Tuesday (April 28) about a mention Stern made in the past 24

Audio entertainment giant SiriusXM, the home of Howard Stern, on Tuesday said it added self-pay subscribers in its satellite radio and Pandora businesses for the first quarter, the first one affected by the coronavirus pandemic. But the company, controlled by John Malone's Liberty Media, withdrew its 2020 guidance amid the pandemic and said its satellite radio subscribers fell when includi

The Public Investment Fund, Saudi Arabia’s sovereign-wealth fund, recently purchased a large stake in Live Nation Entertainment, the world’s largest live-entertainment company, according to SEC filings released Monday.

John Malone's Liberty Media said Thursday it was re-attributing its 33 percent stake in Live Nation Entertainment, along with other assets, from its Formula One Group to its SiriusXM tracking stock. The changes bring the live event and music company stake under the umbrella of audio entertainment giant SiriusXM, while strengthening the liquidity of racing circuit Formula One.

Radio and audio giant iHeartMedia has cut senior management pay and furloughed "non-essential" staff as it eyes around $250 million in cost savings this year amid the coronavirus pandemic. The news comes as entertainment companies have been looking to preserve cash and reduce expenses, in some cases via layoffs, to manage the uncertain fallout from the virus crisis.

Radio and audio giant iHeartMedia has begun to cut senior management pay and lay off "non-essential" staff as it eyes around $250 million in cost savings this year amid the coronavirus pandemic.

John Malone's Liberty Media, which owns audio entertainment giant SiriusXM, the Atlanta Braves baseball team and the Formula One racing circuit, disclosed that president and CEO Gregory Maffei's 2019 compensation amounted to $44 million, compared with $20.2 million in 2018.That was an increase of 118 percent.He made $19.8 million in 2017 and $16.9 million in 2016.His compensation for last year jumped thanks to a new employment contract that boosted his option awards from $8.8 million to $27.8 million. "In December 2019, we entered into the 2019 Maffei Employment Agreement pursuant to which Mr.

Patrick Hipes Executive Managing EditorSirius XM Holdings, which said last month that it planned to raise $1 billion in a private debt offering, is reportedly near a deal to acquire E.W. Scripps’ Stitcher podcast division for $300 million.The news, reported Monday by the Wall Street Journal which cited sources, comes amid a flurry of deals in the growing podcast space.