°΅ΊΪ±¬ΑΟΝψ

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ΜύΜύΜύΜύ

2024

ΜύΜύΜύΜύ

2023

ΜύΜύΜύΜύ

2024

ΜύΜύΜύΜύ

2023

Μύ

​

​

amountsΜύinΜύmillions

​

Formula One Group

​

​

​

​

​

​

​

​

​

​

Other (a)

​

$

(1)

Μύ

2

Μύ

(6)

Μύ

(1)

​

Total Formula One Group

​

​

(1)

​

2

​

(6)

​

(1)

​

​

​

​

​

​

​

​

​

​

​

​

Liberty Live Group

​

​

​

​

​

​

​

​

​

​

Live Nation (a)

​

​

117

​

90

​

180

​

90

​

Other (a)

​

​

β€”

​

β€”

​

1

​

β€”

​

Total Liberty Live Group

​

​

117

​

90

​

181

​

90

​

​

​

​

​

​

​

​

​

​

​

​

Liberty SiriusXM Group

​

​

​

​

​

​

​

​

​

​

Live Nation (a)

​

​

NA

​

50

​

NA

​

127

​

Total Liberty Sirius XM Group

​

​

NA

​

50

​

NA

​

127

​

​

​

​

​

​

​

​

​

​

​

​

Braves Group

​

​

​

​

​

​

​

​

​

​

Other

​

​

NA

Μύ

1

​

NA

​

12

​

Total Braves Group

​

​

NA

​

1

​

NA

​

12

​

Consolidated Liberty

​

$

116

Μύ

143

Μύ

175

Μύ

228

​

​

ΜύΜύΜύΜύ

September 30, 2024

ΜύΜύΜύΜύ

December 31, 2023

ΜύΜύΜύΜύ

​

​

amounts in millions

​

Current assets

​

$

9,775

Μύ

9,533

Μύ

Property, plant and equipment, net

​

Μύ

2,376

Μύ

2,101

Μύ

Intangible assets

​

​

1,428

​

1,539

​

Goodwill

​

Μύ

2,670

Μύ

2,691

Μύ

Investments in affiliates

​

​

515

​

448

​

Other assets

​

​

2,983

​

2,718

​

Total assets

​

$

19,747

Μύ

19,030

Μύ

​

​

​

​

​

​

​

Current liabilities

​

$

9,681

​

9,984

​

Long-term debt, net

​

​

5,673

​

5,459

​

Other liabilities

​

​

2,439

​

2,175

​

Redeemable noncontrolling interests

​

​

1,024

​

860

​

Equity

​

​

930

​

552

​

Total liabilities and equity

​

$

19,747

​

19,030

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

​

2024

ΜύΜύΜύΜύ

2023

ΜύΜύΜύΜύ

2024

​

2023

​

​

​

amounts in millions

​

Revenue

​

$

7,651

Μύ

8,155

Μύ

17,474

​

16,907

​

Operating expenses:

​

Μύ

​

​

​

​

​

​

​

​

Direct operating expenses

​

​

5,780

​

6,298

​

12,840

​

12,590

​

Selling, general and administrative expenses

​

Μύ

1,005

Μύ

974

Μύ

2,913

​

2,533

​

Depreciation and amortization

​

​

137

​

131

​

407

​

382

​

Other operating expenses

​

​

89

​

98

​

250

​

236

​

​

​

​

7,011

Μύ

7,501

Μύ

16,410

​

15,741

​

Operating income (loss)

​

​

640

​

654

​

1,064

​

1,166

​

Interest expense

​

​

(88)

​

(86)

​

(249)

​

(257)

​

Other income (expense), net

​

​

34

​

64

​

226

​

147

​

Earnings (loss) before income taxes

​

​

586

​

632

​

1,041

​

1,056

​

Income tax (expense) benefit

​

​

(70)

​

(51)

​

(192)

​

(127)

​

Net earnings (loss)

​

​

516

​

581

​

849

​

929

​

Less net earnings (loss) attributable to noncontrolling interests

​

​

64

​

60

​

154

​

139

​

Net earnings (loss) attributable to Live Nation stockholders

​

$

452

​

521

​

695

​

790

​