Liberty Media Corporation and Liberty Live Holdings, Inc. announced the completion of the split-off of Liberty Live Holdings from Liberty Media on December 15, 2025. The separation took effect at 4:05 p.m. New York City time, resulting in both companies now operating as independent publicly traded entities.
Starting December 16, 2025, shares of Liberty Live Holdings’ Series A and Series C common stock will trade on the Nasdaq Global Select Market under the symbols “LLYVA” and “LLYVK.” The Series B common stock is set to be quoted on the OTC Markets with trading expected to begin around December 17, 2025. Shares of Liberty Media’s Formula One common stock will continue trading or being quoted on their respective markets following the split-off.
Following the transaction, Liberty Live Holdings has approximately 25.6 million shares of Series A common stock, 2.5 million shares of Series B common stock, and 63.8 million shares of Series C common stock outstanding.
In connection with this corporate restructuring and as previously disclosed by both companies, assets and liabilities were reattributed between Liberty Media’s Formula One Group and Liberty Live Group earlier in the day.
“This communication includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including certain statements relating to the trading of Liberty Live Group common stock on the Nasdaq Global Select Market or quoting on the OTC Markets, as applicable. All statements other than statements of historical fact are ‘forward-looking statements’ for purposes of federal and state securities laws. These forward-looking statements generally can be identified by phrases such as ‘possible,’ ‘potential,’ ‘intends’ or ‘expects’ or other words or phrases of similar import or future or conditional verbs such as ‘will,’ ‘may,’ ‘might,’ ‘should,’ ‘would,’ ‘could,’ or similar variations. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These forward-looking statements speak only as of the date of this communication, and Liberty Media and Liberty Live Holdings expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty Media’s and/or Liberty Live Holdings’ expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of Liberty Media, including Liberty Media’s definitive proxy statement materials for the special meeting held on December 5, 2025, and of Liberty Live Holdings, including Liberty Live Holdings’ prospectus forming a part of Amendment No. 2 to the Registration Statement on Form S-4 (File No. 333-288960), and their most recent Forms 10-K and 10-Q, as applicable, as such risk factors may be amended, supplemented or superseded from time to time by other reports Liberty Media and/or Liberty Live Holdings subsequently file with the Securities and Exchange Commission, for additional information about Liberty Media and/or Liberty Live Holdings and about the risks and uncertainties related to Liberty Media’s and/or Liberty Live Holdings’ respective businesses which may affect the statements made in this communication.”
Liberty Media Corporation operates in media, sports, and entertainment sectors through subsidiaries like Formula 1 https://www.businesswire.com/news/home/20251215672286/en/, MotoGP https://www.businesswire.com/news/home/20251215672286/en/, along with minority investments.
Liberty Live Holdings consists primarily of its ownership stake in Live Nation https://www.businesswire.com/news/home/20251215672286/en/, its wholly owned subsidiary Quint https://www.businesswire.com/news/home/20251215672286/en/, plus other minority investments.
