le, marine and/or aviation use. Backseat TV: SIRIUS XM offers Backseat TV, a service offering television content designed primarily for children, in the backseat of vehicles. Trademarks SIRIUS XM registered, and intends to maintain, the trademarks ‘Sirius’, ‘XM’, ‘SiriusXM’ and ‘SXM’ with the United States Patent and Trademark Office in connection with the services they offer. SIRIUS XM also has registered the trademarks ‘Sirius’, ‘XM’ and ‘SiriusXM’ in Canada. SIRIUS XM has granted a license to use certain of its trademarks in Canada to Sirius XM Canada. Atlanta National League Baseball Club, Inc. ANLBC owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five minor league baseball clubs (the Gwinnett Braves, the Mississippi Braves, the Rome Braves, the Danville Braves and the GCL Braves). ANLBC also operates a baseball academy in the Dominican Republic and leases a baseball facility from a third party in connection with its academy. Turner Field, which is leased from the City of Atlanta and Fulton County Recreation Authority until December 31, 2016, is the home stadium of the Atlanta Braves. Turner Field is located just outside the downtown area of Atlanta and offers a range of activities and eateries for fans, from interactive gaming and family-themed areas to social gathering places such as the Braves Chop House. Live Nation Entertainment, Inc. Live Nation operates as a live entertainment company. Live Nation has four business segments: Concerts, Ticketing, Artist Nation and Sponsorship and Advertising. Live Nation's Business segments Concerts: Live Nation's Concerts segment principally involves the global promotion of live music events in their owned or operated venues and in rented third-party venues, the operation and management of music venues and the production of music festivals across the world. Live Nation promoted 22,800 live music events in 2014. Seasonality: While its Concerts segment operates year-round, Live Nation experiences higher revenue during the second and third quarters due to the seasonal nature of shows at its outdoor amphitheaters and festivals, which primarily occur from May through September. Ticketing: Live Nation's Ticketing segment is primarily an agency business that sells tickets for events on behalf of its clients and retains a fixed fee or a percentage of the total convenience charge and order processing fee for its services. Live Nation sells tickets for its events and also for third-party clients across multiple live event categories, providing ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums and theaters. Live Nation sells tickets through Websites, mobile apps, ticket outlets and telephone call centers. Live Nation's Ticketing segment also manages its online activities including enhancements to its Websites and bundled product offerings. Through all of its ticketing services, Live Nation sold approximately 154 million tickets in 2014. In addition, Live Nation sold approximately 300 million tickets in total using its Ticketmaster system, through season seat packages and its venue clients' box offices, for which Live Nation did not receive a fee. Artist Nation: Live Nation's Artist Nation segment primarily provides management services to music artists in exchange for a commission on the earnings of these artists. The Artist Nation segment also creates and sells merchandise for music artists at live performances, to retailers and directly to consumers via the Internet. Seasonality: Revenue earned from the Artist Nation segment is impacted to a large degree by the touring schedules of the artists Live Nation represents, and experiences higher revenue during the second and third quarters as the period from May through September tends to be a popular time for touring events. Sponsorship & Advertising: Live Nation's Sponsorship & Advertising segment employs a sales force that creates and maintains relationships with sponsors, through a combination of strategic, international, na
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