SiriusXM Gains Drive Liberty Media's Quarterly Earnings

By David Robb

Europe’s coronavirus crisis took a huge toll on German event producer CTS Eventim in the first quarter, leading to a 34.7% decline in revenue to €184.6 million ($202.1 million) and clouding the outlook for the remainder of 2020.

Liberty Media chairman and mogul John Malone told the company's annual shareholder meeting Thursday that the firm continues to believe in the value of live events businesses, such as sports and Live Nation Entertainment, despite the novel coronavirus pandemic.

Liberty Media chairman and mogul John Malone told the company's annual shareholder meeting Thursday that the firm continues to believe in the value of live events businesses, such as sports and Live Nation Entertainment, despite the novel coronavirus pandemic. And he argued any hit to valuations could present a buying opportunity.

Madison Square Garden Entertainment experienced a predictable hit to earnings in the quarter ending March 31, posting a 20% drop in revenue and writing down its investment in the dining and nightlife business.

If you’re gonna propose, might as well get a professional to help you out.

With a pandemic hanging over the touring industry, Live Nation's first quarter earnings released Thursday revealed the damage caused since concerts were widely suspended in mid-March: Compared to Q1 2019, concert revenue dropped 24.6% and ticketing revenue fell 15.8%.This year, Live Nation will host virtual concerts, is testing drive-in concerts -- these started popping up in parking lots as early as mid-June -- and will later give superstar artists multiple theater dates rather than a single

iHeartMedia's first quarter 2020 earnings release was mainly a preview for what could be a painful second quarter. Overall, Q1 wasn't bad: Old-school broadcast radio revenues barely fell and digital revenues improved on the strength of podcasts. But the advertising slowdown became "more pronounced" in April and suffered "a sharp decline" in broadcast, digital and other segments, CEO Bob Pittman said.

The biggest mystery of Season 12 of The Real Housewives of Atlanta can be summed up in one word: Snakegate.

By Jill Goldsmith

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Thursday reported stable first-quarter overall revenues, but a steep 84 percent revenue loss from its Formula One race car division.

Joanna Gaines and Chip Gaines have been married for almost two decades. However, the 42-year-old designer didn't exactly fall head over heels with the 45-year-old house flipper when they first met.

By Jill Goldsmith

By Nellie Andreeva

By Will Thorne

Audio entertainment giant SiriusXM is planning more formal talks with Howard Stern over the coming months about a potential contract renewal for his The Howard Stern Showas the current five-year deal for it expires at the end of 2020. SiriusXM, controlled by John Malone's Liberty Media, previously said the current pact was part of a broader "12-year agreement, under which legendary broadcaster Stern" has continued to produce and host The Howard Stern Show on SiriusXM.

Audio entertainment giant SiriusXM, the home of Howard Stern, on Tuesday said it added self-pay subscribers in its satellite radio and Pandora businesses for the first quarter, the first one affected by the coronavirus pandemic. But the company, controlled by John Malone's Liberty Media, withdrew its 2020 guidance amid the pandemic and said its satellite radio subscribers fell when including promotional subs.

Audio entertainment giant SiriusXM is planning more formal talks with Howard Stern over the coming months about a potential contract renewal for his The Howard Stern Show as the current five-year deal for it expires at the end of this year.SiriusXM, controlled by John Malone's Liberty Media, previously said that the current pact was part of a broader "12-year agreement, under which legendary broadcaster Stern" has continued to produce and host The Howard Stern Show on SiriusXM.Under the current

Audio entertainment giant SiriusXM, the home of Howard Stern, on Tuesday said it added self-pay subscribers in its satellite radio and Pandora businesses for the first quarter, the first one affected by the coronavirus pandemic. But the company, controlled by John Malone's Liberty Media, withdrew its 2020 guidance