According to The Hollywood Reporter, earnings came in at $168 million, up from $115 million in the year-ago period. Satellite radio giant SiriusXM Group posted earnings of $183 million, and the Liberty group housing the Atlanta Braves baseball team recorded earnings of $22 million, but the Formula One racing circuit posted a $37 million loss.
SiriusXM also recorded an 11 percent gain in operating profit, while the company's Liberty Braves Group swung to an operating loss of $9 million from a year-ago profit of $1 million. Formula One, which the company didn't own in the year-ago period, posted a slightly wider operating loss of $17 million, compared with a year-ago loss of $16 million.
Liberty Media's third-quarter revenue rose to $2.07 billion from $1.39 billion, driven by gains at SiriusXM and the Braves and the addition of Formula One revenue.
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