Formula One Group (NASDAQ:FWONA) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET

Company Participants

Shane Kleinstein - VP-IR

Greg Maffei - President and CEO-Liberty Media Corporation

Stefano Domenicali - President and CEO

Brian Wendling - Chief Accounting and Principal Financial Officer, Liberty Media Corporation

Renee Wilm - Chief Legal Officer and Chief Administrative Officer

Derek Schiller - President and CEO, Atlanta Braves

Conference Call Participants

David Karnovsky - JPMorgan

Ben Swinburne - Morgan Stanley

Bryan Kraft - Deutsche Bank

Vijay Jayant - Evercore

Stephen Laszczyk - Goldman Sachs

Stephen Glagola - TD Cowen

David Joyce - Seaport Research Partners

Jason Bazinet - Citi

Barton Crockett - Rosenblatt Securities

Operator

Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] Afterwards, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference will be recorded November 3.

I would now like to turn the call over to Shane Kleinstein, Vice President, Investor Relations. Please go ahead.

Shane Kleinstein

Thank you. Before we begin, we'd like to remind everyone that this call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially, due to a number of risks and uncertainties, including those mentioned in the most recent Forms 10-K and 10-Q filed by Liberty Media with the SEC and the most recent Form 10-Q and registration statement on Form S-1 filed by Atlanta Braves Holdings with the SEC.

These forward-looking statements speak only as of the date of this call, and Liberty Media and Atlanta Braves Holdings expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in Liberty Media or Atlanta Braves Holdings expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

On today's call, we will discuss certain non-GAAP financial measures for Liberty Media, SiriusXM and Atlanta Braves Holdings, including adjusted OIBDA and adjusted EBITDA. The required definitions and reconciliations for Liberty Media, SiriusXM and Atlanta Braves Holdings Schedules one through three can be found at the end of the earnings press release issued today, which are available on Liberty Media and Atlanta Braves Holdings website.

Now I'd like to turn the call over to Greg Maffei, Liberty's President and CEO.

Greg Maffei

Thank you, Shane, and good morning to all.