Liberty Media Corp Liberty Formula One-A 2024年度报告

FORM10-K OR Commission File Number001-35707 LIBERTY MEDIA CORPORATION Registrant’s telephone number, including area code: (720)875-5400Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12months (or for such shorter period that the Registrant was required to file such reports) and (2)has been subject to such filing requirements for the past90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 ofRegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” inRule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orLarge accelerated filer☒Acceleratedfiler☐Non-acceleratedfiler☐Smallerreportingcompany☐Emerging Growth Company☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by anyof the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ The aggregate market value of the voting and non-voting common stock held by non affiliates of Liberty Media Corporation computed by reference to the lastsales price of such stock, as of the closing of trading on June30, 2024, was approximately $25.8billion. The number of outstanding shares of Liberty Media Corporation’s common stock as of January31, 2025 was: The Registrant’s definitive proxy statement for its 2025 Annual Meeting of Stockholders is hereby incorporated by reference into PartIII of this Annual Reporton Form10-K. LIBERTY MEDIA CORPORATION2024 ANNUAL REPORT ON FORM10-K Table of Contents PartI Item1.BusinessI‑3Item1A.Risk FactorsI-14Item1B.Unresolved Staff CommentsI-41Item 1C.CybersecurityI-42Item2.PropertiesI-44Item3.Legal ProceedingsI-44Item4.Mine Safety DisclosuresI-44 PartII Item5.Market for Registrant’s Common Equity, Related Stockholder Matters andIssuer Purchases of Equity SecuritiesII‑1Item6.[Reserved]II‑2Item7.Management’s Discussion and Analysis of Financial Condition and Results ofOperationsII‑3Item7A.Quantitative and Qualitative Disclosures About Market RiskII‑17Item8.Financial Statements and Supplementary DataII‑17Item9.Changes in and Disagreements with Accountants on Accounting andFinancial DisclosureII‑17Item9A.Controls and ProceduresII‑17Item9B.Other InformationII‑18Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent InspectionsII‑18 PartIII Item10.Directors, Executive Officers and Corporate GovernanceIII‑1Item11.Executive CompensationIII‑1Item12.Security Ownership of Certain Beneficial Owners and Management andRelated Stockholder MattersIII‑1Item13.Certain Relationships and Related Transactions, and Director IndependenceIII‑1Item14.Principal Accountant Fees and ServicesIII‑1 PartIV Item15.Exhibits and Financial Statement SchedulesIV‑1Item16.Form10-K SummaryIV‑4 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSAND RISK FACTORS Certainstatements in this Annual Report on Form 10-K constitute forward-lookingstatements within the meaning of the Private Securities Litigation Reform Act of 1995, includingstatements regarding business, product and marketing plans, strategies and initiatives; renewal oflicensesand authorizations;the recoverability of goodwill and other long-lived assets;theperformance of our equ