Liberty Media Corporation Series C Liberty SiriusXM Common Stock

LSXMK

Market cap $7.28B

Liberty Media (NASDAQ:LINTA) is to sell a US$825 million chunk of shares in Formula 1 to help pay for its acquisition of the motorbike racing equivalent MotoGP. In April, Liberty agreed to buy 86% Dorna Sports, the business holding MotoGP's commercial rights, in a deal valuing the bike championship at US$4.2 billion.

The Liberty SiriusXM Group (NASDAQ:LSXMK ) Q2 2024 Earnings Call August 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager, Investor Relations Gregory Maffei - President and Chief Executive Officer Stefano Domenicali - President and Chief Executive Officer, Formula One Brian Wendling - Chief Accounting and Principal Financial Officer Renee Wilm - Chief Legal Officer and Chief Administrative Officer Derek Schiller - President and Chief Executive Officer, Atlanta Braves Conference Call Participants Bryan Kraft - Deutsche Bank Peter Supino - Wolfe Research Ben Swinburne - Morgan Stanley David Joyce - Seaport Research Partners Vijay Jayant - Evercore ISI David Karnovsky - JPMorgan Barton Crockett - Rosenblatt Securities Stephen Laszczyk - Goldman Sachs Operator Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8.

Insiders are buying these hot stocks that have ample upside for investors. The list includes pharma, entertainment, and financial stocks and Berkshire buys.

Buffett trimmed Berkshire's position in Apple and completely cut its stake in Paramount Global. He made a few small stock purchases last quarter, but sold far more than he purchased.

The Liberty SiriusXM Group (NASDAQ:LSXMK ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager of Investor Relations Gregory Maffei - President and Chief Executive Officer Brian Wendling - Chief Accounting Officer and Principal Financial Officer Stefano Domenicali - President and Chief Executive Officer of Formula One Derek Schiller - President and Chief Executive Officer of Atlanta Braves Renee Wilm - Chief Legal Officer and Chief Administrative Officer Conference Call Participants Vijay Jayant - Evercore ISI Jeffrey Wlodarczak - Pivotal Research Group David Karnovsky - JPMorgan Chase & Co. Benjamin Swinburne - Morgan Stanley Stephen Laszczyk - Goldman Sachs Barton Crockett - Rosenblatt Securities Bryan Kraft - Deutsche Bank David Joyce - Seaport Research Partners Matthew Harrigan - Benchmark Company Operator Welcome to the Liberty Media Corporation's 2024 First Quarter Earnings Call. During the presentation, all participants will be in a listen-only mode.

Berkshire Hathaway has been snapping up shares of a stock set to merge with another stock it owns. The economics of the merger currently favor buying one set of shares over the other.

The Oracle of Omaha yet again boosted his stake in a media giant's tracking stocks, though the transaction was smaller than previous ones.

At the end of the previous week, the Oracle of Omaha yet again boosted his stake in a media giant's tracking stocks, even with shares still in retreat.

Yet again, the Oracle of Omaha has bolstered his stake in a media giant's tracking stocks, even with shares in retreat.

Berkshire Hathaway is taking advantage of a unique situation to buy a value stock at an even bigger discount. Unlike previous arbitrage plays, Buffett and his team appear to plan to keep the underlying business long-term.