Liberty Media Corporation, through its ownership of interests in subsidiaries and other companies, engages in the media, communications and entertainment industries. The company principally operates in North America. The company’s principal businesses and assets include its consolidated subsidiaries, including Sirius XM Holdings Inc. (SIRIUS XM); Atlanta National League Baseball Club, Inc. (ANLBC); and TruePosition, Inc. (TruePosition) and its equity affiliates Charter Communications, Inc. (Charter) and Live Nation Entertainment, Inc. (Live Nation). Sirius XM SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two proprietary satellite radio systems. Subscribers can also receive music and other channels, plus new features, such as Sirius XM On Demand and MySXM, over the Internet, including through applications for mobile devices. As of December 31, 2013, SIRIUS XM had 25,559,310 subscribers. Its subscribers include subscribers under its regular and discounted pricing plans; subscribers that have prepaid, including payments made or due from automakers for subscriptions included in the sale or lease price of a vehicle; subscribers to its Internet services who do not also have satellite radio subscriptions; and certain subscribers to its weather, traffic, data and Backseat TV services. SIRIUS XM's primary source of revenue is subscription fees, with most of its customers subscribing on an annual, semi-annual, quarterly or monthly basis. SIRIUS XM offers discounts for prepaid and longer-term subscription plans, as well as discounts for multiple subscriptions. SIRIUS XM also derives revenue from activation and other fees, the sale of advertising on select non-music channels, the direct sale of satellite radios and accessories, and other ancillary services, such as weather, traffic, data and Backseat TV services. SIRIUS XM's satellite radios are primarily distributed through automakers; retail locations nationwide; and through its Website. SIRIUS XM has agreements with every major automaker to offer satellite radios in their vehicles. Satellite radio services are also offered to customers of certain rental car companies. SIRIUS XM provides next-generation connected vehicle applications and services. In 2013, SIRIUS XM completed the acquisition of the connected vehicle business of Agero, Inc. Programming: SIRIUS XM offers a dynamic programming lineup of commercial-free music, sports, entertainment, talk, news, traffic and weather, including an extensive selection of music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin and classical; live play-by-play sports from major leagues and colleges; a multitude of talk and entertainment channels for a variety of audiences; a range of national, international and financial news; and continuous, local traffic reports for several metropolitan markets throughout the United States. SIRIUS XM' s diverse spectrum of programming, including its lineup of exclusive material, is a significant differentiator from terrestrial radio and other audio entertainment providers. The channel line-ups for the company’s services are available at siriusxm.com. Internet Radio: SIRIUS XM streams select music and non-music channels over the Internet. Its Internet service also includes channels and features that are not available on its satellite service. Access to its Internet services is offered to subscribers for a fee. SIRIUS XM has available products that provide access to its Internet services without the need for a personal computer. SIRIUS XM also offers applications to allow consumers to access its Internet services on smartphones and tablet computers. SIRIUS XM also offers two Internet-based products, SiriusXM On Demand and MySXM. SiriusXM On Demand offers SIRIUS XM's Internet subscribers listening on its online media player and on smartphones the ability to choose their favorite episodes from a catalog of content to listen to whenever they want. Launched in 2013, MySXM permits listeners to personalize SIRIUS
liberty media corp - b (LMCB:NASDAQ GS)
12300 Liberty Boulevard
Englewood, CO 80112
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