Liberty Media Corporation announced that Philip J. Boeckman will assume the role of Chief Legal Officer effective October 1, 2026, succeeding Renee L. Wilm who transitions to Senior Advisor on the same date. Mr. Boeckman joins from Cravath, Swaine & Moore LLP where he served as Managing Partner and Co-Head of EMEA Capital Markets since relocating to London in 2000. Ms. Wilm will continue to provide strategic guidance while supporting key initiatives across the Company. Liberty Media Corporation operates in the media and entertainment industry, holding controlling interests in Formula One Group, Sirius XM Holdings, and Live Nation Entertainment.

Liberty Media Corporation priced a private offering of $690 million aggregate principal amount of 2.375% Senior Convertible Notes due 2032, including the full exercise of a $90 million over-allotment option. The notes are convertible into Series C common stock (FWONK) at an initial rate of 7.2106 shares per $1,000 principal amount, representing a conversion price of approximately $138.68 and a premium of roughly 35% to the August 10 closing price of $102.73. Net proceeds are expected to be approximately $680 million after deducting discounts and expenses. Concurrently, the company entered into capped call transactions related to its existing 2.25% Convertible Senior Notes due 2027 to offset potential cash payments upon conversion or reduce dilution. Liberty Media intends to use the net proceeds to fund these capped call costs, repay the 2027 notes, and for working capital and general corporate purposes. The company operates in the media, sports, and entertainment industry, owning interests in Formula 1, MotoGP, and other investments.

Liberty Media Corporation announced the proposed private offering of $600 million aggregate principal amount of convertible senior notes due 2032 under Rule 144A. The company expects to grant an option for purchasers to buy up to an additional $90 million in notes within 13 days of issuance. These unsecured obligations will be convertible into cash, Series C common stock (FWONK), or a combination at the issuer's election, with interest payable semi-annually. Liberty Media intends to use net proceeds to enter into capped call transactions related to its existing 2027 convertible notes and for working capital and general corporate purposes, including potential repayment of those 2027 notes. The terms, including interest rate and initial conversion rate, will be determined at pricing. Liberty Media Corporation operates and owns interests in media, sports and entertainment businesses, including Formula 1 and MotoGP.