Liberty Media Corporation
(NASDAQ: LMCA)
130.01
+3.26
+2.57%
+3.26
+2.57%
MORE ON LMCA
COMPANY INFORMATION
| Exchange: | NASDAQ national market |
| Stock: | Liberty Media Corporation |
| Industry: | Broadcasting - TV |
| Employees: | 2,100 |
DESCRIPTION
| Old Liberty refers to Liberty Media Corporation which changed its name to Liberty Interactive Corporation on September 22, 2011. New Liberty refers to Liberty CapStarz, Inc. which changed its name to Liberty Media Corporation on September 22, 2011. The Company owns interests in a broad range of media, communications and entertainment businesses. Those interests include subsidiaries Atlanta National League Baseball Club, Inc., and TruePosition, Inc., interest in SiriusXM, Live Nation and Barnes & Noble, and minority equity investments in Time Warner Inc. and Viacom. The Company identifies following consolidated subsidiaries and equity method affiliates as its reportable segments: Starz, LLC—consolidated subsidiary that provides premium subscription video programming to United States multichannel video distributors, including cable operators, satellite television providers and telecommunications companies. Starz also develops, produces and acquires entertainment content and distributes this content to consumers in a wide variety of formats in the United States and throughout the world. ANLBC—consolidated subsidiary that owns and operates the Atlanta Braves Major League Baseball franchise. SIRIUS XM—a 49% owned equity method affiliate that provides a subscription based satellite radio service. SIRIUS XM broadcasts to subscribers over approximately 130 digital-quality channels, including more than 60 channels of 100% commercial-free music, plus exclusive channels of sports, news, talk, entertainment, traffic, weather and data through its two proprietary satellite radio systems -- the Sirius system and the XM system. ANLBC faces competition from many alternative forms of leisure entertainment. ANLBC competes with other sporting and live events for game day attendance, which is integral to ANLBC's ticket, concession and souvenir sales revenue. TruePosition faces competition from Commscope and smaller providers, which provide similar location-based product and services to TrueProsition. SIRIUS XM faces significant competition for both listeners and advertisers. In addition to pre-recorded entertainment purchased or playing in cars, homes and using portable players, SIRIUS XM competes with numerous other providers of radio or other audio services. Providers of internet, telephony and satellite service are subject to varying degrees of regulation in the United States by the Federal Communications Commission and other entities and in foreign countries by similar regulators. |
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