SEC FORM 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person ^*

MAFFEI GREGORY B

(Last)

(First)

(Middle)

12300 LIBERTY BOULEVARD

(Street)

ENGLEWOOD

80112

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Liberty Media Corp [ LSXMA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President, CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Series C Liberty Formula One Common Stock	03/27/2024		M		171,609	A	$ 33.2	1,154,901	D
Series C Liberty Formula One Common Stock	03/27/2024		F		122,446	D	$ 67.66	1,032,455	D
Series C Liberty Live Common Stock	03/27/2024		M		230,708	A	$ 39.57	1,323,740	D
Series C Liberty Live Common Stock	03/27/2024		M		7,348	A	$ 15.8	1,331,088	D
Series C Liberty Live Common Stock	03/27/2024		M		5,773	A	$ 39.57	1,336,861	D
Series C Liberty Live Common Stock	03/27/2024		F		229,127	D	$ 43.52	1,107,734	D
Series C Liberty SiriusXM Common Stock	03/27/2024		M		922,319	A	$ 25.87	5,335,018 ⁽¹⁾	D
Series C Liberty SiriusXM Common Stock	03/27/2024		M		23,081	A	$ 25.87	5,358,099	D
Series C Liberty SiriusXM Common Stock	03/27/2024		F		885,241	D	$ 29.17	4,472,858	D
Series C Liberty Live Common Stock								97,007	I	Maven 2017 - 2 GRAT ⁽²⁾
Series C Liberty SiriusXM Common Stock								179,130 ⁽¹⁾	I	Maven 2017 - 2 GRAT ⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy) - FWONK	$ 33.2	03/27/2024		M			171,609	12/31/2017	03/30/2024	Series C Liberty Formula One Common Stock	171,609	$ 0	0	D
Stock Option (Right to Buy) - LLYVK	$ 39.57	03/27/2024		M			5,773	05/11/2017	05/11/2024	Series C Liberty Live Common Stock	5,773	$ 0	0	D
Stock Option (Right to Buy) - LLYVK	$ 15.8	03/27/2024		M			7,348	12/31/2017	03/30/2024	Series C Liberty Live Common Stock	7,348	$ 0	0	D
Stock Option (Right to Buy) - LLYVK	$ 39.57	03/27/2024		M			230,708	12/31/2017	05/11/2024	Series C Liberty Live Common Stock	230,708	$ 0	0	D
Stock Option (Right to Buy) - LSXMK	$ 25.87	03/27/2024		M			23,081	05/11/2017	05/11/2024	Series C Liberty SiriusXM Common Stock	23,081	$ 0	0	D
Stock Option (Right to Buy) - LSXMK	$ 25.87	03/27/2024		M			922,319	12/31/2017	05/11/2024	Series C Liberty SiriusXM Common Stock	922,319	$ 0	0	D

Explanation of Responses:

1. Includes the distribution to the reporting person's direct holdings of 208,900 shares of Series C Liberty SiriusXM common stock on January 10, 2024, by the Maven 2017-2 GRAT.

2. The reporting person is the sole trustee of the grantor retained annuity trust, for the benefit of himself, his spouse and his children.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei	03/28/2024
	** Signature of Reporting Person	Date
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