°΅ΊΪ±¬ΑΟΝψ

​

​

Three months ended

​

Six months ended

​

​

​

June 30,

​

June 30,

​

​

ΜύΜύΜύΜύ

2025

ΜύΜύΜύΜύ

2024

ΜύΜύΜύΜύ

2025

ΜύΜύΜύΜύ

2024

Μύ

​

​

amountsΜύinΜύmillions

​

Formula One Group

​

​

​

​

​

​

​

​

​

​

Other

​

$

(2)

Μύ

(2)

Μύ

(5)

Μύ

(5)

​

Total Formula One Group

​

​

(2)

​

(2)

​

(5)

​

(5)

​

​

​

​

​

​

​

​

​

​

​

​

Liberty Live Group

​

​

​

​

​

​

​

​

​

​

Live Nation

​

​

69

​

83

​

73

​

63

​

Other

​

​

4

​

2

​

4

​

1

​

Total Liberty Live Group

​

​

73

​

85

​

77

​

64

​

Consolidated Liberty

​

$

71

Μύ

83

Μύ

72

Μύ

59

​

​

ΜύΜύΜύΜύ

June 30, 2025

ΜύΜύΜύΜύ

December 31, 2024

ΜύΜύΜύΜύ

​

​

amounts in millions

​

Current assets

​

$

11,823

Μύ

9,290

Μύ

Property, plant and equipment, net

​

Μύ

2,949

Μύ

2,442

Μύ

Intangible assets

​

​

1,461

​

1,366

​

Goodwill

​

Μύ

2,821

Μύ

2,621

Μύ

Investments in affiliates

​

​

484

​

504

​

Other assets

​

​

3,612

​

3,416

​

Total assets

​

$

23,150

Μύ

19,639

Μύ

​

​

​

​

​

​

​

Current liabilities

​

$

13,458

​

9,358

​

Long-term debt, net

​

​

4,991

​

6,177

​

Other liabilities

​

​

2,395

​

2,159

​

Redeemable noncontrolling interests

​

​

1,378

​

1,126

​

Equity

​

​

928

​

819

​

Total liabilities and equity

​

$

23,150

​

19,639

​

​

​

Three months ended

​

Six months ended

​

​

​

June 30,

​

June 30,

​

​

​

2025

ΜύΜύΜύΜύ

2024

ΜύΜύΜύΜύ

2025

​

2024

​

​

​

amounts in millions

​

Revenue

​

$

7,007

Μύ

6,023

Μύ

10,389

​

9,823

​

Operating expenses:

​

Μύ

​

​

​

​

​

​

​

​

Direct operating expenses

​

​

5,211

​

4,408

​

7,466

​

7,060

​

Selling, general and administrative expenses

​

Μύ

1,003

Μύ

926

Μύ

1,782

​

1,908

​

Depreciation and amortization

​

​

159

​

138

​

308

​

270

​

Other operating expenses

​

​

147

​

85

​

232

​

161

​

​

​

​

6,520

Μύ

5,557

Μύ

9,788

​

9,399

​

Operating income (loss)

​

​

487

​

466

​

601

​

424

​

Interest expense

​

​

(72)

​

(80)

​

(152)

​

(161)

​

Other income (expense), net

​

​

5

​

70

​

37

​

192

​

Earnings (loss) before income taxes

​

​

420

​

456

​

486

​

455

​

Income tax (expense) benefit

​

​

(117)

​

(80)

​

(137)

​

(121)

​

Net earnings (loss)

​

​

303

​

376

​

349

​

334

​

Less net earnings (loss) attributable to noncontrolling interests

​

​

60

​

78

​

82

​

91

​

Net earnings (loss) attributable to Live Nation stockholders

​

$

243

​

298

​

267

​

243

​