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May 7 , 2021 LIBERTY ZUS Liberty Media Corporation Reports First Quarter 2021 Financial Results ENGLEWOOD , Colo .-- ( BUSINESS WIRE ) -- Liberty Media Corporation ( " Liberty Media " or " Liberty " ) ( NASDAQ : LSXMA , LSXMB , LSXMK , FWONA , FWONK , BATRA , BATRK ) today reported first quarter 2021 results . Headlines include ( 1 ) : Attributed to Liberty SiriusXM Group o SiriusXM reported first quarter 2021 financial results First quarter revenue of $ 2.06 billion ; an increase of 5 % from prior year period First quarter net income of $ 219 million ; diluted EPS of $ 0.05 , or $ 0.07 , excluding one - time items ☐ Adjusted EBITDA ( 2 ) of $ 682 million in the first quarter , up 7 % from prior year period ■ SiriusXM self - pay net subscriber additions of 126,000 , an increase of 83 % year - over - year SiriusXM reiterated 2021 financial and subscriber guidance o Liberty Media's ownership of SiriusXM stood at 77.3 % as of April 26th • From February 1st through April 30th , Liberty repurchased 2.6 million LSXMA / K shares at an average price per share of $ 44.70 for total cash consideration of $ 114 million • Attributed to Formula One Group o Announced 10 - year agreement to host Miami Grand Prix beginning 2022 o Secured three - year extension for Japanese Grand Prix and two - year extension for Canada Grand Prix o FIA , F1 and teams unanimously approved adoption of new Sprint Qualifying at three Grands Prix during 2021 season o Renewed multi - year global partnership with DHL as Official Logistics Partner of F1 Attributed to Braves Group o Braves expanded capacity at Truist Park to 100 % beginning May 7th • Liberty Media published disclosure aligned with Sustainability Accounting Standards Board ( " SASB " ) standards " SiriusXM started the year off strong with growing trial starts and impressively low churn . They continued to repurchase stock and Liberty's ownership is now over 77 % , " said Greg Maffei , Liberty President and CEO . " Formula 1 continues to be nimble in managing its 23 race calendar and has produced some phenomenal racing . The Braves plan to expand to 100 % capacity at Truist Park today and are contending in the competitive NL East . "