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 — has reported its fourth-quarter financials amid the ongoing coronavirus pandemic.
Fourth quarter revenue at SiriusXM rose slightly percent to $2.7 billion, compared to a year-earlier $2.61 billion. The Formula One Group, which completed 17 races during its latest season, posted overall revenue of $485 million, against $523 million in 2019.
The Atlanta Braves recorded virtually unchanged quarterly revenue at $35 million, and the Liberty SiriusXM Group saw revenue rise to $2.18 billion, compared to $2.06 billion in 2019.
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