Profile
Sector:
Communication ServicesIndustry:
BroadcastingCountry:
United StatesIPO:
18 April 2016Website:
http://www.libertymedia.comNext earnings report:
01 August 2024Last dividends:
10 February 2022Next dividends:
N/APrice
after hours | Wed, 26 Jun 2024 20:01:32 GMTAnalysts recommendations
Institutional Ownership
LSXMA Latest News
Warren Buffett's investment firm Berkshire Hathaway recently purchased 4.3 million shares of Liberty Sirius XM for around $116.58 million, according to SEC filings.
Berkshire Hathaway is capitalizing on a special opportunity to purchase a value stock at a further reduced price. In contrast to past arbitrage strategies, Buffett and his team seem to intend on holding onto the core business for the long haul.
Liberty Media Corp. said Monday it has reached an agreement to acquire Dorna Sports S.L., which owns the rights to the MotoGP World Championship, from Bridgepoint and Canada Pension Plan Investment Board in a deal with an enterprise value of 4.2 billion euros ($4.5 billion).
Warren Buffett has been busy during a relatively quiet week, as he has been bulking up his stake on Liberty SiriusXM tracking stocks.
Sirius XM stock is moving lower for the fifth year in a row, but that trend could reverse. Revenue growth may have stalled, but the catalysts are there for it to return to growth in 2024.
Liberty Media Corporation (LSXMA) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.24 per share a year ago.
Liberty Media CEO Greg Maffei joins 'Squawk on the Street' to discuss short sales of Sirius XM stock, developing a new tracking stock, and Liberty Media's short-term deal with ESPN coming to a close.
What type of business is Liberty SiriusXM?
The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. As of December 31, 2021, it served approximately 34.0 million subscribers through Sirius XM and approximately 6.4 million subscribers through Pandora. The Liberty SiriusXM Group is headquartered in Englewood, Colorado. The Liberty SiriusXM Group is a subsidiary of Liberty Media Corporation.
What sector is Liberty SiriusXM in?
Liberty SiriusXM is in the Communication Services sector
What industry is Liberty SiriusXM in?
Liberty SiriusXM is in the Broadcasting industry
What country is Liberty SiriusXM from?
Liberty SiriusXM is headquartered in United States
When did Liberty SiriusXM go public?
Liberty SiriusXM initial public offering (IPO) was on 18 April 2016
What is Liberty SiriusXM website?
https://www.libertymedia.com/tracking-stocks/liberty-siriusxm-group
Is Liberty SiriusXM in the S&P 500?
No, Liberty SiriusXM is not included in the S&P 500 index
Is Liberty SiriusXM in the NASDAQ 100?
No, Liberty SiriusXM is not included in the NASDAQ 100 index
Is Liberty SiriusXM in the Dow Jones?
No, Liberty SiriusXM is not included in the Dow Jones index
When does Liberty SiriusXM report earnings?
The next expected earnings date for Liberty SiriusXM is 01 August 2024