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Liberty Media
Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in the Formula One Group, Sirius XM, and Live Nation Entertainment. The Sirius XM Holdings segment operates two audio entertainment companies, Sirius XM and Pandora. Sirius XM offers channels and information and entertainment services. Pandora is a streaming platform for searching for music and podcasts. Liberty Media is set to own three global motorsport businesses in the form of Formula One, Grand Prix motorcycle racing and Superbike World Championship, World Superbikes. History 1991–1999 Liberty Media began in March 1991 as a Corporate spin-off, spin-off of Tele-Communications Inc. (TCI), a U.S. cable television, cable-television group. Peter Barton, hired by TCI's Malone, served as president until retiring in April 1997. The company took over TCI assets ...
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Broadcasting
Broadcasting is the data distribution, distribution of sound, audio audiovisual content to dispersed audiences via a electronic medium (communication), mass communications medium, typically one using the electromagnetic spectrum (radio waves), in a :wikt:one-to-many, one-to-many model. Broadcasting began with AM radio, which came into popular use around 1920 with the spread of vacuum tube radio transmitters and radio receiver, receivers. Before this, most implementations of electronic communication (early radio, telephone, and telegraph) were wikt:one-to-one, one-to-one, with the message intended for a single recipient. The term ''broadcasting'' evolved from its use as the agricultural method of sowing seeds in a field by casting them broadly about. It was later adopted for describing the widespread distribution of information by printed materials or by telegraph. Examples applying it to "one-to-many" radio transmissions of an individual station to multiple listeners appeared as ...
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Cable Television
Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with broadcast television, in which the television signal is transmitted over-the-air by radio waves and received by a television antenna, or satellite television, in which the television signal is transmitted over-the-air by radio waves from a communications satellite and received by a satellite dish on the roof. FM radio programming, high-speed Internet, telephone services, and similar non-television services may also be provided through these cables. Analog television was standard in the 20th century, but since the 2000s, cable systems have been upgraded to digital cable operation. A cable channel (sometimes known as a cable network) is a television network available via cable television. Many of the same channels are distributed throug ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Superbike World Championship
Superbike World Championship (also known as WorldSBK, SBK, World Superbike, WSB, or WSBK) is a silhouette road racing series based on heavily modified production sports motorcycles. The championship was founded in . The Superbike World Championship consists of a series of rounds held on permanent racing facilities. Each round has two full length races and, from 2019, an additional ten-lap sprint race known as the Superpole race. The results of all three races are combined to determine three annual World Championships, one for riders, one for manufacturers and, The motorcycles that race in the championship are tuned versions of motorcycles available for sale to the public, by contrast with MotoGP where purpose built machines are used. MotoGP is the motorcycle world's equivalent of Formula One, whereas Superbike racing is similar to sports car racing. Europe is Superbike World Championship's traditional centre and leading market.
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Grand Prix Motorcycle Racing
Grand Prix motorcycle racing is the highest class of motorcycle road racing events held on Road racing, road circuits sanctioned by the Fédération Internationale de Motocyclisme (FIM). Independent motorcycle racing events have been held since the start of the twentieth century and large national events were often given the title Grand Prix. The foundation of the Fédération Internationale de Motocyclisme as the international governing body for motorcycle sport in 1949 provided the opportunity to coordinate rules and regulations in order that selected events could count towards official World Championships. It is the oldest established motorsport world championship. Grand Prix motorcycles are purpose-built racing machines that are unavailable for purchase by the general public and unable to be ridden legally on public roads. This contrasts with the various production-based categories of racing, such as the Superbike World Championship and the Isle of Man TT Races that featur ...
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Formula One
Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one of the world's premier forms of motorsport since its 1950 Formula One season, inaugural running in 1950 and is often considered to be the pinnacle of motorsport. The word ''Formula racing, formula'' in the name refers to Formula One regulations, the set of rules all participant cars must follow. A Formula One season consists of a series of races, known as List of Formula One Grands Prix, Grands Prix. Grands Prix take place in multiple countries and continents on either purpose-built List of Formula One circuits, circuits or closed roads. A List of Formula One World Championship points scoring systems, points scoring system is used at Grands Prix to determine two annual World Championships: List of Formula One World Drivers' Champions, one ...
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Live Nation Entertainment
Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists. The company has faced widespread criticism over its central role in the consolidation of the live events industry, allegations that it proactively engages in anti-competitive practices, poor handling of the ticket sale process for highly popular events, and injuries and deaths that have occurred at many of its events. As of early 2023, Live Nation's annual shareholders report says the company has controlling interests in 338 venues globally and believes itself to be "the largest live entertainment company in the world," "the largest producer of live music concerts in the world," "the world’s leading live entertainment ticketing sales and mark ...
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Sirius XM
Sirius XM Holdings Inc. is an American broadcasting corporation headquartered in Midtown Manhattan, New York City, that provides satellite radio and online radio services operating in the United States. The company was formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio, merging them into SiriusXM Radio. The company also has a 70% equity interest in Sirius XM Canada, an affiliate company that provides Sirius and XM service in Canada. On May 21, 2013, Sirius XM Holdings, Inc. was incorporated, and in January 2020, SiriusXM reorganized their corporate structure, which made ''Sirius XM Radio Inc''. a direct, wholly owned subsidiary of Sirius XM Holdings, Inc. The U.S. Federal Communications Commission (FCC) approved the merger of XM Satellite Radio and Sirius Satellite Radio, Inc. on July 29, 2008, 17 months after the companies first proposed it. The merger created a company with 18.5 million subscribers, and the deal was valued at billion (equivalent to $ ...
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Mass Media
Mass media include the diverse arrays of media that reach a large audience via mass communication. Broadcast media transmit information electronically via media such as films, radio, recorded music, or television. Digital media comprises both Internet and mobile mass communication. Internet media comprise such services as email, social media sites, websites, and Internet-based radio and television. Many other mass media outlets have an additional presence on the web, by such means as linking to or running TV ads online, or distributing QR codes in outdoor or print media to direct mobile users to a website. In this way, they can use the easy accessibility and outreach capabilities the Internet affords, as thereby easily broadcast information throughout many different regions of the world simultaneously and cost-efficiently. Outdoor media transmits information via such media as augmented reality (AR) advertising; billboards; blimps; flying billboards (signs in tow of airpl ...
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Divisions
Division may refer to: Mathematics *Division (mathematics), the inverse of multiplication * Division algorithm, a method for computing the result of mathematical division Military *Division (military), a formation typically consisting of 10,000 to 25,000 troops ** Divizion, a subunit in some militaries * Division (naval), a collection of warships Science * Cell division, the process in which biological cells multiply * Continental divide, the geographical term for separation between watersheds * Division (taxonomy), used differently in botany and zoology * Division (botany), a taxonomic rank for plants or fungi, equivalent to phylum in zoology * Division (horticulture), a method of vegetative plant propagation, or the plants created by using this method * Division, a medical/surgical operation involving cutting and separation, see ICD-10 Procedure Coding System Technology * Beam compass, a compass with a beam and sliding sockets for drawing and dividing circles larger than those ...
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