Liberty Media Corporation is a diversified media conglomerate based in Englewood, Colorado. It operates primarily through three tracking stocks: Liberty SiriusXM Group, Formula One Group, and Liberty Live Group. The Liberty SiriusXM Group includes its major stake in SiriusXM, a leading audio entertainment company in North America. This segment offers a variety of content including music, sports, entertainment, and talk programs through its satellite radio service SiriusXM and streaming service Pandora. Liberty Media's Formula One Group holds interests in Formula One racing, a high-profile global motorsport brand. Additionally, the company has a presence in the live event sector through its Liberty Live Group, although specific details about this group are less frequently discussed publicly. Financially, Liberty Media is substantial, with revenues reaching $9 billion in 2022. The company is actively involved in strategic acquisitions and partnerships to bolster its market position across different media and entertainment sectors. For instance, in 2024, Liberty Media acquired MotoGP, adding to its sports and entertainment portfolio. Overall, Liberty Media's business operations extend across a broad spectrum of the media, communications, and entertainment industries, underscoring its role as a major player in these sectors both in North America and internationally.