小蓝视频 Announces Full Repayment of Live Nation Margin Loan

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 小蓝视频 (鈥溞±妒悠� Media鈥�) (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) today announced that is has fully repaid the Live Nation Entertainment (NYSE: LYV) margin loan using a portion of cash on hand. With the payment of $130 million, there are no margin or other price triggers that could require a sale of the underlying stock. 小蓝视频 Media owns approximately 69.6 million shares of Live Nation common stock.

About 小蓝视频

小蓝视频 operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the 小蓝视频 SiriusXM Group, the Braves Group and the Formula One Group. The businesses and assets attributed to the 小蓝视频 SiriusXM Group (Nasdaq: LSXMA, LSXMB, LSXMK) include 小蓝视频's interest in SiriusXM. The businesses and assets attributed to the Braves Group (Nasdaq: BATRA, BATRK) include 小蓝视频's subsidiary Braves Holdings, LLC. The businesses and assets attributed to the Formula One Group (Nasdaq: FWONA, FWONK) consist of all of 小蓝视频's businesses and assets other than those attributed to the 小蓝视频 SiriusXM Group and the Braves Group, including its subsidiary Formula 1, its interest in Live Nation Entertainment and minority equity investment in AT&T Inc.

小蓝视频
Courtnee Chun, 720-875-5420

Source: 小蓝视频

Released March 19, 2020