Earnings release
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August 6 , 2021 LIBERTY Liberty Media Corporation Reports Second 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 second quarter 2021 results . Headlines include ( 1 ) : • Attributed to Liberty SiriusXM Group 。 SiriusXM reported strong second quarter 2021 financial results ■ Second quarter revenue of $ 2.16 billion ; an increase of 15 % from prior year period ■ Second quarter net income of $ 433 million ; diluted EPS of $ 0.10 ■ Record quarterly adjusted EBITDA ( 2 ) of $ 700 million , up 14 % from prior year period ■ SiriusXM self - pay net subscriber additions of 355,000 , an increase of 34 % year - over - year ■ SiriusXM increased 2021 subscriber and financial guidance on July 27th 。 Liberty Media's ownership of SiriusXM stood at 78.1 % as of July 23rd 。 From May 1st through July 31st , Liberty repurchased 3.2 million LSXMA / K shares at an average price per share of $ 44.27 for total cash consideration of $ 141 million • Attributed to Formula One Group 。 Announced Crypto.com as Global Partner and inaugural partner of the F1 Sprint series and expanded BWT partnership to become Official Water Technology Partner 。 Secured 3 - year broadcast agreement in Netherlands with NENT Group beginning 2022 。 Successfully hosted inaugural F1 Sprint ahead of Silverstone Grand Prix 。 Repurchased $ 176 million principal amount of 2.25 % AT & T exchangeable debentures in individually negotiated private purchases ahead of October 2021 put / call date funded primarily with sale of 5.3 million AT & T shares • Attributed to Braves Group 。 Braves lead MLB in total attendance and average attendance per game " SiriusXM executed well , produced outstanding results and recently increased their 2021 guidance . They continue to repurchase stock and Liberty's ownership is now over 78 % , " said Greg Maffei , Liberty Media President and CEO . “ Formula 1 is delivering across the board - on the track , for our fans , teams , partners and investors , and has done an impressive job steering through the 2021 calendar . The Braves are competitive on the field and lead MLB in total attendance , with over 1.5 million fans returning to Truist Park so far this season . ”