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Liberty Media Corp (LMCA)

- NASDAQ
  • May. 7, 2013, 5:30 PM
    Notable earnings before Wednesday’s open: AOL, ARQL, CTSH, CWH, DTEGY.PK, ENB, EZCH, FSYS, FUN, KRO, LMCA, LSE, MPEL, NAVB, NICE, POZN, SODA, STWD, THI, TTI, VVUS, WEN, WMC
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  • Apr. 30, 2013, 7:34 AM
    More on Sirius XM Radio (SIRI): The company says its total paid subscriber base increased 9% Y/Y to reach 24.4M as the resurgence of the U.S. automobile industry helps bring in first-time subscribers. Subscriber acquisition costs per gross addition declined during the period. At the end of the quarter, free cash flow stood at $142M. Guidance for 2013 is for total net subscriber adds of 1.4M and revenue of over $3.7B. SIRI +1.0% premarket. (PR)
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  • Apr. 18, 2013, 1:45 PM
    Liberty Media's (LMCA -0.8%) string of high-profile deals (Starz, Sirius XM Radio, Barnes & Noble, Charter) might not be done just yet, according to media industry insiders. The company still has up to $1B in non-core portfolio assets it could sell off and it isn't against the idea of borrowing more to make another key acquisition.
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  • Apr. 11, 2013, 6:53 AM
    Sirius XM Radio (SIRI) names Liberty Media (LMCA) CEO Greg Maffei as its new chairman to replace Eddy Hartenstein. The company fell under the control of Liberty Media in January after the media concern's stake rose to over 50%.
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  • Mar. 19, 2013, 8:46 AM
    More on the Charter Communications (CHTR) - Liberty Media (LMCA) deal: Even with four board seats and a sizable stake, analysts thinks the end game for Liberty Media is complete control and a potential merger/spinoff scenario. The deal could have a long-term impact for either Time Warner Cable (TWC) or Cablevision (CVC) and also brings in some interesting possibilities for Sirius XM Radio (SIRI).
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  • Mar. 19, 2013, 8:18 AM
    Deal on: Liberty Media (LMCA) will take a 27.3% stake in Charter Communications (CHTR) by paying $95.50 per share for a deal price of $2.617B if board approval is granted. As part of the proposed deal, Liberty will nab four spots on Charter's board. (Previous CHTR-LMCA: I, II)
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  • Mar. 19, 2013, 3:38 AM
    More on Liberty Media (LMCA) - Charter (CHTR) deal: Liberty is reportedly close to agreeing to a deal to buy a 25% stake in Charter for $2.5B from private-equity firms, including Apollo (APO). The move would mark John Malone's return as a major force in U.S. cable TV after he sold Tele-Communications to AT&T for $48B in 1999, and would add to large international acquisitions.
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  • Mar. 18, 2013, 12:47 PM
    Shares of Charter Communications (CHTR +8.4%) are under a trading halt after jetting higher on reports of a potential purchase by Liberty Media (LMCA -1%) of a sizable stake in the company.
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  • Mar. 15, 2013, 6:20 AM
    Live Nation (LYV) has named Liberty Media (LMCA) CEO Greg Maffei as Chairman to replace Irving Azoff, who left in December to start an artist-representation firm. Liberty is Live Nation's largest shareholder with a 27% stake, and Maffei has been on the latter company's board since February 2011. (PR)
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  • Feb. 5, 2013, 11:07 AM
    Satellite radio is just beginning to build its footprint with a large percentage of automobiles now embedded with the technology in a trend which Lazard Capital Markets' Barton Crocket thinks bodes well for Sirius XM Radio (SIRI -0.9%). The analyst calls the chance for a SIRI spinoff from Liberty Media (LMCA +0.8%) a very real possibility in a few years.
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  • Jan. 18, 2013, 3:24 AM
    The inevitable has finally happened and Liberty Media (LMCAD) has taken majority control of Sirius XM Radio (SIRI) by increasing its stake to 50.7% after acquiring 50M shares at $3.15 each. Liberty has said in the past that Sirius should improve its technology and expand internationally.
    | 9 Comments
  • Jan. 14, 2013, 2:07 PM
    Shares of Starz (STRZA) rise 9.7% in their Nasdaq debut after spinning off from Liberty Media (LMCA +1%). The company - which boasts about 55M subscribers for its Starz, Encore, and Movieplex channels - is considered by analysts to be a juicy target for a large media company.
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  • Jan. 9, 2013, 7:34 PM
    Liberty Media (LMCA) has been awarded a €765M ($999M) judgment in its lawsuit against Vivendi SA (VIVHY.PK). The case stems from Vivendi’s 2001 purchase of LMCA’s stake in USA Networks. A jury awarded the damages, agreeing with Liberty Media’s claim that Paris-based Vivendi misled it about a liquidity crisis at the company, artificially inflating the value of its shares, which it used to make the purchase.
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  • Jan. 8, 2013, 10:46 AM
    An early termination notice from the FTC indicates the agency doesn't have a problem with a proposed move by Liberty Media (LMCA -0.9%) to spin off its Starz premium movie channel into an independent company. The spinoff could happen as early as January 8th and is structured to be a tax-free transaction for investors.
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  • Jan. 3, 2013, 5:26 PM
    Liberty Media (LMCA) has won FCC approval to obtain de jure control of Sirius XM (SIRI). Liberty, which currently has a 49.8% stake in the satellite radio provider, says it expects to gain control of Sirius within the next 60 days. SIRI +1.3% AH.
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  • Dec. 31, 2012, 4:54 PM
    Live Nation (LYV +3.7%) chairman Irving Azoff has resigned and sold 1.7M shares in the company to Liberty Media (LMCA +1.7%). "My job here is done," says Azoff, whose sale raises Liberty's stake in the concert production/ticketing firm to 26.4%. Live Nation plans to announce a new chairman before its next board meeting, a source tells Bloomberg.
    | 1 Comment
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Company Description
Liberty Media Corporation through its subsidiaries owns interest in media, communication and entertainment businesses.
Sector: Services
Country: United States