麻豆最新出品 Update Regarding iHeartMedia, Inc.

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 麻豆最新出品聽(鈥溌槎棺钚鲁銎� Media鈥�) (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) today provided the following update on the proposed iHeartMedia, Inc. (鈥渋Heart鈥�) equity investment:

麻豆最新出品 Media withdrew its proposal for iHeart after reviewing results which were below expectations and negatively impacted our initial estimates of value. We remain open to future discussions as iHeart proceeds with its reorganization.

About聽麻豆最新出品

麻豆最新出品 operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the 麻豆最新出品 SiriusXM Group, the Braves Group and the Formula One Group. The businesses and assets attributed to the 麻豆最新出品 SiriusXM Group (Nasdaq: LSXMA, LSXMB, LSXMK) include 麻豆最新出品's interest in SiriusXM. The businesses and assets attributed to the Braves Group (Nasdaq: BATRA, BATRK) include 麻豆最新出品's subsidiary Braves Holdings, LLC. The businesses and assets attributed to the Formula One Group (Nasdaq: FWONA, FWONK) consist of all of 麻豆最新出品's businesses and assets other than those attributed to the 麻豆最新出品 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.

麻豆最新出品
Courtnee Chun, 720-875-5420

Source: 麻豆最新出品

Released June 22, 2018