John Malone Atlanta Coronavirus Entertainment pandemic John Malone Atlanta

Liberty Media Posts Loss in COVID-19-Hit Fourth Quarter

Reading now: 150
hollywoodreporter.com

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.

Read more on hollywoodreporter.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA