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Quarterly report [Sections 13 or 15(d)]

Investments In Affiliates Accounted For Using The Equity Method - Live Nation - Consolidated Statements of Operations (Details)

v3.25.1
Investments In Affiliates Accounted For Using The Equity Method - Live Nation - Consolidated Statements of Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Condensed Consolidated Statements of Operations Ìý Ìý
Revenue $ 447 $ 587
Operating expenses: Ìý Ìý
Selling, general and administrative expenses 104 93
Depreciation and amortization 77 86
Other operating expense 1 1
Total operating costs and expenses 518 494
Operating income (loss) (71) 93
Interest expense (55) (62)
Other income (expense), net 47 (86)
Earnings (loss) from continuing operations before income taxes (24) 7
Income tax (expense) benefit 29 (3)
Net earnings (loss) 5 245
Less net earnings (loss) attributable to the noncontrolling interests Ìý 42
Net earnings (loss) attributable to Liberty Stockholders 5 203
Live Nation Ìý Ìý
Condensed Consolidated Statements of Operations Ìý Ìý
Revenue 3,382 3,800
Operating expenses: Ìý Ìý
Direct operating expenses 2,255 2,651
Selling, general and administrative expenses 779 982
Depreciation and amortization 149 133
Other operating expense 84 75
Total operating costs and expenses 3,267 3,841
Operating income (loss) 115 (41)
Interest expense (80) (81)
Other income (expense), net 31 120
Earnings (loss) from continuing operations before income taxes 66 (2)
Income tax (expense) benefit (20) (41)
Net earnings (loss) 46 (43)
Less net earnings (loss) attributable to the noncontrolling interests 23 11
Net earnings (loss) attributable to Liberty Stockholders $ 23 $ (54)