On the Record · Liberty Media
Liberty Media acquisitions, on the record
The businesses Liberty Media bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Sirius XM HoldingsWord for word“On December 11, 2023, Liberty also entered into an Agreement and Plan of Merger, pursuant to which a wholly owned subsidiary of Liberty Sirius XM Holdings (“Merger Sub”) will merge with and into Sirius XM Holdings, with Sirius XM Holdings surviving the merger as a wholly owned subsidiary of Liberty Sirius XM Holdings (the “Merger” and, together with the Liberty Sirius XM Holdings Split-Off, the “Transactions”), subject to the satisfaction of certain conditions.” 10-K for 2023 | agreed acquisition | December 11, 2023 | — |
Sirius XM Holdings common stock (43,658,800 shares)Word for word“On November 3, 2021, pursuant to an exchange agreement with certain counterparties, Liberty acquired an aggregate of 43,658,800 shares of Sirius XM Holdings common stock in exchange for the issuance by Liberty to the counterparties of an aggregate of 5,347,320 shares of Series A Liberty SiriusXM common stock.” 10-K for 2023 | acquisition | November 3, 2021 | 5,347,320 shares of Series A Liberty SiriusXM common stock |
QuintEvents, LLCWord for word“The projected uses of Liberty’s cash (excluding Sirius XM Holdings’ and Formula 1’s uses of cash) are primarily capital expenditures, the investment in new or existing businesses, including the acquisition of QuintEvents, LLC in January 2024, debt service, including further repayment of the margin loan secured by shares of Sirius XM Holdings, and the potential buyback of common stock under the approved share buyback program.” 10-K for 2023 | acquisition | January 2024 | — |
Dorna Sports, S.L.Word for word“On March 29, 2024, the Company agreed, subject to certain conditions, to acquire approximately 86% of the equity interests in Dorna Sports, S.L., (“Dorna”) for a purchase price of approximately €3.0 billion, to be funded with cash.” 10-K for 2024 | agreed acquisition | — | approximately €3.0 billion |
MotoGP Sports Entertainment Group, S.L. (formerly, Dorna Sports, S.L.)Word for word“On July 3, 2025, the Company acquired approximately 84% of the equity interests in MotoGP Sports Entertainment Group, S.L. (formerly, Dorna Sports, S.L.) (“MotoGP”) for a preliminary purchase price of approximately $3,659 million (approximately €3,122 million) .” 10-K for 2025 | acquisition | On July 3, 2025 | approximately $3,659 million |
QuintEventsWord for word“QuintEvents was a subsidiary of the Company and Live Nation was an equity method affiliate of the Company until the Liberty Live Split-Off on December 15, 2025.” 10-K for 2025 | divestiture | December 15, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-12-31 | $1.75 billion | $4.04 billion |
| 2018-12-31 | $2 million | $3 million |
| 2019-12-31 | −$313 million | $1.55 billion |
| 2020-12-31 | — | $235 million |
| 2021-12-31 | $14 million | $30 million |
| 2022-12-31 | $136 million | $97 million |
| 2024-12-31 | $205 million | $252 million |
| 2025-12-31 | $3.27 billion | $3.06 billion |
Deal filings since 2016
- 2025-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-07-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-05-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Liberty Media’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.