Liberty Media Files 8-K with Bylaw Amendments and Financials
Ticker: FWONB · Form: 8-K · Filed: Aug 15, 2024 · CIK: 1560385
| Field | Detail |
|---|---|
| Company | Liberty Media CORP (FWONB) |
| Form Type | 8-K |
| Filed Date | Aug 15, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, amendment
Related Tickers: LMCA, LMCK, LMDCA, LMND, FWONA
TL;DR
Liberty Media filed an 8-K on 8/15/24 detailing corporate changes and financial statements for its various groups.
AI Summary
Liberty Media Corp. filed an 8-K on August 15, 2024, reporting amendments to its Articles of Incorporation or Bylaws and filing financial statements and exhibits. The filing pertains to the company's structure and financial reporting, with specific details on its various groups including Liberty SiriusXM, Liberty Formula One, and Liberty Live.
Why It Matters
This filing provides updates on Liberty Media's corporate structure and financial reporting, which are crucial for investors to understand the company's operational and legal standing.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain any immediate negative news or significant financial distress.
Key Players & Entities
- Liberty Media Corp. (company) — Filer of the 8-K report.
- August 15, 2024 (date) — Date the 8-K was filed.
- Liberty SiriusXM Group (company) — One of Liberty Media's operating groups mentioned in the filing.
- Liberty Formula One Group (company) — One of Liberty Media's operating groups mentioned in the filing.
- Liberty Live Group (company) — One of Liberty Media's operating groups mentioned in the filing.
FAQ
What specific amendments were made to Liberty Media's Articles of Incorporation or Bylaws?
The filing indicates amendments were made, but the specific details of these changes are not provided in the summary text, requiring a review of the full document.
What financial statements and exhibits are included in this 8-K filing?
The filing states that financial statements and exhibits are included, but the specific content is not detailed in the provided text.
What is the SIC code for Liberty Media Corp. and what does it represent?
The SIC code is 4833, which corresponds to Television Broadcasting Stations.
When was Liberty Media Corp. incorporated and in which state?
Liberty Media Corp. was incorporated in Delaware (DE).
What was the former name of Liberty Media Corp. and when did the name change occur?
The former name was Liberty Spinco, Inc., and the date of the name change was October 15, 2012.
Filing Stats: 912 words · 4 min read · ~3 pages · Grade level 15 · Accepted 2024-08-15 14:00:24
Filing Documents
- tm2421661d1_8k.htm (8-K) — 42KB
- tm2421661d1_ex3-1.htm (EX-3.1) — 119KB
- 0001104659-24-090055.txt ( ) — 436KB
- lmca-20240813.xsd (EX-101.SCH) — 5KB
- lmca-20240813_def.xml (EX-101.DEF) — 28KB
- lmca-20240813_lab.xml (EX-101.LAB) — 39KB
- lmca-20240813_pre.xml (EX-101.PRE) — 27KB
- tm2421661d1_8k_htm.xml (XML) — 11KB
03. Amendments to Articles of Incorporation or Bylaws; Change
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On August 13, 2024, the board of directors (the " Board ") of Liberty Media Corporation (the " Company ") approved an amendment and restatement of the Company's bylaws (the " Amended Bylaws "), which became effective immediately. In addition to certain other technical, conforming, modernizing and clarifying changes, the Amended Bylaws include the following changes to the advance notice provisions in Section 1.5 of the Amended Bylaws: modify the window for stockholders to submit proposals or nominations for the annual meeting to not more than 120 days and not less than 90 days prior to the anniversary date of the preceding year's annual meeting, and in the event the annual meeting is advanced by more than 20 days or delayed by more than 70 days from the anniversary date, notice must be received not earlier than 120 days prior to the annual meeting or the later of 90 days prior to the annual meeting or the 10th day following public announcement; modify the window for stockholders to submit proposals or nominations for special meetings to not more than 120 days and not less than 90 days prior to the special meeting; require a stockholder proposing business or nominating directors to provide additional information about the stockholder and any candidate the stockholder proposes to nominate for election as a director; expand the definition of beneficial and record ownership to encompass the definitions used in Rule 13d-3 of the Securities and Exchange Act of 1934, as amended (the " Exchange Act "); require the nominee and the proposing person represent that they are not subject to, and will not enter into, any undisclosed voting agreements with the Company; require that any stockholder nominee for director submit a completed and signed questionnaire with respect to the background, qualifications, and independence of such nominee; and incorporate the universal proxy rule (R
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Amended and Restated Bylaws of the Company 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 15, 2024 LIBERTY MEDIA CORPORATION By: /s/ Katherine C. Jewell Name: Katherine C. Jewell Title: Vice President and Assistant Secretary