°΅ΊΪ±¬ΑΟΝψ

Annual report [Section 13 and 15(d), not S-K Item 405]

Investments In Affiliates Accounted For Using The Equity Method (Tables)

v3.25.0.1
Investments In Affiliates Accounted For Using The Equity Method (Tables)
12 Months Ended
Dec. 31, 2024
Schedule Of Equity Ownership And Carrying Amount

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

ΆΩ±π³¦±π³Ύ²ϊ±π°ωΜύ31,Μύ2024

​

ΆΩ±π³¦±π³Ύ²ϊ±π°ωΜύ31,Μύ2023

Μύ

​

ΜύΜύΜύΜύ

Percentage

ΜύΜύΜύΜύ

Fair Value

ΜύΜύΜύΜύ

Carrying

ΜύΜύΜύΜύ

Carrying

Μύ

​

​

ownership

​

(Level 1)

​

amount

​

amount

Μύ

​

​

dollarΜύamountsΜύinΜύmillions

Μύ

Formula One Group

​

​

​

​

​

​

​

​

​

​

​

Other

Μύ

various

​

Μύ

NA

Μύ

$

33

Μύ

41

​

Total Formula One Group

​

​

​

​

​

​

​

33

Μύ

41

​

​

​

​

​

​

​

​

​

​

​

​

​

Liberty Live Group

​

​

​

​

​

​

​

​

​

​

​

Live Nation

​

30%

​

$

9,019

Μύ

​

430

​

307

​

Other

​

​

​

​

NA

​

​

28

​

26

​

Total Liberty Live Group

​

​

​

​

​

​

​

458

​

333

​

​

​

​

​

​

​

​

​

​

​

​

​

Consolidated Liberty

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​

​

​

​

​

$

491

​

374

​

​

​

Schedule Of Liberty's Share Of Earnings (Losses) Of Affiliates

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​

​

​

​

​

​

​

​

​

​

​

YearsΜύendedΜύDecemberΜύ31,

Μύ

​

ΜύΜύΜύΜύ

2024

ΜύΜύΜύΜύ

2023

ΜύΜύΜύΜύ

2022

Μύ

​

​

amountsΜύinΜύmillions

Μύ

Formula One Group

​

​

​

​

​

​

​

​

Other (a)

​

$

(10)

Μύ

(4)

Μύ

β€”

​

Total Formula One Group

​

​

(10)

​

(4)

​

β€”

​

​

​

​

​

​

​

​

​

​

Liberty Live Group

​

​

​

​

​

​

​

​

Live Nation (a)

​

​

236

​

21

​

NA

​

Other (a)

​

​

2

​

1

​

NA

​

Total Liberty Live Group

​

​

238

​

22

​

NA

​

​

​

​

​

​

​

​

​

​

Liberty SiriusXM Group

​

​

​

​

​

​

​

​

Live Nation (a)

​

​

NA

​

127

​

72

​

Total Liberty SiriusXM Group

​

​

NA

​

127

​

72

​

​

​

​

​

​

​

​

​

​

Braves Group

​

​

​

​

​

​

​

​

Other

​

​

NA

​

12

​

32

​

Total Braves Group

​

​

NA

​

12

​

32

​

Consolidated Liberty

​

$

228

Μύ

157

Μύ

104

​

(a) Liberty’s interests in Live Nation and certain other equity affiliates were reattributed to the Liberty Live Group effective August 3, 2023. Liberty’s share of earnings (losses) related to these affiliates were reflected in the results of the Liberty SiriusXM Group and the Formula One Group prior to the Reclassification and are reflected in the results of the Liberty Live Group following the Reclassification.
Live Nation Μύ
Summarized financial information

Consolidated Balance Sheets

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​

​

​

​

​

​

December 31,

​

​

ΜύΜύΜύΜύ

2024

ΜύΜύΜύΜύ

2023

ΜύΜύΜύΜύ

​

​

amounts in millions

​

Current assets

​

$

9,290

Μύ

9,533

Μύ

Property, plant and equipment, net

​

Μύ

2,442

Μύ

2,101

Μύ

Intangible assets

​

​

1,366

​

1,539

​

Goodwill

​

Μύ

2,621

Μύ

2,691

Μύ

Other assets

​

​

3,920

​

3,166

​

Total assets

​

$

19,639

Μύ

19,030

Μύ

​

​

​

​

​

​

​

Current liabilities

​

$

9,358

​

9,984

​

Long-term debt, net

​

​

6,177

​

5,459

​

Other liabilities

​

​

2,159

​

2,175

​

Redeemable noncontrolling interests

​

​

1,126

​

860

​

Equity

​

​

819

​

552

​

Total liabilities and equity

​

$

19,639

​

19,030

​

​

Consolidated Statements of Operations

​

​

​

​

​

​

​

​

​

​

​

YearsΜύendedΜύDecemberΜύ31,

​

​

​

2024

ΜύΜύΜύΜύ

2023

ΜύΜύΜύΜύ

2022

​

​

​

amounts in millions

​

Revenue

​

$

23,156

Μύ

22,726

Μύ

16,681

​

Operating expenses:

​

Μύ

​

​

​

​

​

​

Direct operating expenses

​

​

17,328

​

17,251

​

12,348

​

Selling, general and administrative expenses

​

Μύ

4,096

Μύ

3,557

Μύ

2,956

​

Depreciation and amortization

​

​

550

​

517

​

450

​

Other operating expenses

​

​

357

​

316

​

205

​

​

​

​

22,331

Μύ

21,641

Μύ

15,959

​

Operating income (loss)

​

​

825

​

1,085

​

722

​

Interest expense

​

​

(326)

​

(350)

​

(278)

​

Other income (expense), net

​

​

240

​

178

​

46

​

Earnings (loss) before income taxes

​

​

739

​

913

​

490

​

Income tax (expense) benefit

​

​

392

​

(209)

​

(116)

​

Net earnings (loss)

​

​

1,131

​

704

​

374

​

Less net earnings (loss) attributable to noncontrolling interests

​

​

235

​

147