The Liberty SiriusXM Group (NASDAQ:LSXMK) Q2 2024 Earnings Call August 8, 2024 10:00 AM ET

Company Participants

Clare Adams - Senior Manager, Investor Relations
Gregory Maffei - President and Chief Executive Officer
Stefano Domenicali - President and Chief Executive Officer, Formula One
Brian Wendling - Chief Accounting and Principal Financial Officer
Renee Wilm - Chief Legal Officer and Chief Administrative Officer
Derek Schiller - President and Chief Executive Officer, Atlanta Braves

Conference Call Participants

Bryan Kraft - Deutsche Bank
Peter Supino - Wolfe Research
Ben Swinburne - Morgan Stanley
David Joyce - Seaport Research Partners
Vijay Jayant - Evercore ISI
David Karnovsky - JPMorgan
Barton Crockett - Rosenblatt Securities
Stephen Laszczyk - Goldman Sachs

Operator

Welcome to Liberty Media Corporation 2024 Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference will be recorded today, August 8. I would now like to turn the call over to Clare Adams, Senior Manager, Investor Relations. Please go ahead.

Clare Adams

Good morning. 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 and 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 statement 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 to SiriusXM and Atlanta Braves Holdings Schedules 1 through 3, 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.

Gregory Maffei

Thanks, Claire, and good morning to all. Today, speaking on the call, we will also have Formula One’s President and CEO, Stefano Domenicali, Liberty’s Chief Accounting and Principal Financial Officer, Brian Wendling. And also during Q&A, we will answer questions related to Atlanta Braves Holdings and Braves management will be available to answer them as well.