Liberty Media names Derek Chang president, CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
0mins
Should l Buy FWONA?
New Leadership Announcement: Liberty Media Corporation has appointed Derek Chang as President and Chief Executive Officer, bringing extensive experience from various roles in the media, sports, and entertainment sectors.
Endorsement from Chairman: John Malone, Chairman of Liberty Media, expressed confidence in Chang's leadership abilities and expertise, highlighting his long-standing professional relationship with him.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy FWONA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on FWONA
Wall Street analysts forecast FWONA stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 79.380
Low
107.00
Averages
108.33
High
110.00
Current: 79.380
Low
107.00
Averages
108.33
High
110.00
About FWONA
Formula One Group (Formula One) is a tracking stock of Liberty Media Corporation (Liberty Media), which is based in the United States. Formula One consists of Liberty Media's interest in Formula 1 and Quint and other minority investments. The Series A and Series C Liberty Formula One common stock trade on the Nasdaq Global Select Market under the stock symbols FWONA and FWONK, respectively. The Series B Liberty Formula One common stock is quoted on the OTC Markets under the symbol FWONB.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Formula One Group to Announce Q4 Earnings on February 26
- Earnings Announcement: Formula One Group is set to release its Q4 earnings report on February 26 before market open, with consensus EPS estimated at $0.42 and revenue expected to reach $1.55 billion, highlighting investor interest in the company's financial performance.
- Market Expectations: Analyst expectations for F1 Group's EPS and revenue indicate a cautiously optimistic outlook for future growth, as the stock is perceived as not cheap, yet investors remain positive about long-term ownership.
- New Partnership Opportunities: IMAX's new deal with Apple TV to showcase F1 races in U.S. theaters not only expands F1's audience base but also has the potential to generate additional revenue streams, further enhancing the brand's influence.
- Investor Day Event: The upcoming analyst/investor day for F1 Group is expected to provide more insights into the company's strategy and future developments, likely attracting investor attention and potentially impacting stock price movements.
See More
Berkshire Sells Liberty Live Stock and Reveals Manager Weschler's Stake
Berkshire Hathaway Stock Sale: Berkshire Hathaway sold approximately $27 million worth of Liberty Live Group stock in January.
Investment Manager's Holdings: Berkshire investment manager Ted Weschler and his family own around $22 million in Liberty Live Group stock.
See More
Berkshire Acquires New York Times Shares; Divests Apple, Bank of America, and Amazon in Q4
- Berkshire Hathaway's Investment Changes: The company reduced its holdings in Bank of America and Apple during the fourth quarter.
- New Investment in New York Times: Berkshire Hathaway initiated a new position by purchasing five million shares of the New York Times.
- Regulatory Filing: These changes were disclosed in a 13-F filing after the close of trading on Tuesday.
- Market Impact: The adjustments in investment strategy reflect Berkshire Hathaway's ongoing portfolio management and market positioning.
See More
Liberty Live Holdings to Host Q4 Earnings Call on February 26
- Earnings Call Announcement: Liberty Live Holdings will hold its Q4 earnings conference call on February 26 at 10:00 a.m. E.T., where management will discuss the company's financial performance and outlook, aiming to enhance investor understanding of future developments.
- Participation Details: Shareholders and analysts can join the call by dialing +1 (877) 704-2829 or +1 (215) 268-9864, with a requirement to confirm at least 10 minutes prior using code 13756851, ensuring smooth participation and information access.
- Webcast and Replay: The conference call will be streamed live on Liberty Live's investor relations website, allowing registered participants to watch in real-time, and a replay will be available post-call for those unable to attend live, facilitating broader information dissemination.
- Company Overview: Liberty Live Holdings consists of ownership in Live Nation, its wholly owned subsidiary Quint, and other minority investments, showcasing its diversified investment strategy in the entertainment sector to enhance market competitiveness.
See More
2026 FIFA World Cup to Drive Growth in U.S. Live Entertainment Market
- World Cup Catalyst: Analysts believe that the 2026 FIFA World Cup, hosted across North America, will serve as a landmark catalyst for global attention on U.S. live entertainment, significantly boosting sports engagement and generating spillover effects across the industry.
- Shift in Consumer Spending: As traditional entertainment categories like cinemas and linear TV lose market share, live formats have shown greater resilience, with 2026 expected to highlight the scarcity value of live platforms that engage deeply with fans and have global reach.
- Liberty F1 Upgrade: The analyst upgraded Liberty Formula One to Outperform, arguing that 2026 will present multiple structural and event-driven tailwinds for the company, particularly in media rights negotiations and profitability recovery at key events like the Las Vegas Grand Prix.
- Positive Outlook for Live Nation and TKO: Analysts reiterated a positive view on Live Nation and TKO Group as core beneficiaries of strong live entertainment fundamentals, with 2026 expected to focus on execution and potential upside from media rights and partnership revisions.
See More
Elon Musk's Wealth Soars to $619 Billion as Tesla Stock Rises 18.6%
- Wealth Surge: Elon Musk's wealth increased by $187 billion in 2025, ending the year with a net worth of $619 billion, making him the first person to surpass $600 billion, highlighting his significant influence in the electric vehicle and aerospace sectors.
- Tesla Stock Performance: Tesla's stock rose by 18.6% in 2025, providing strong support for Musk's wealth growth, with a new pay package potentially awarding him nearly $1 trillion in shares, further accelerating his financial ascent.
- Potential SpaceX IPO: SpaceX is expected to pursue an IPO that could value the company at $1.5 trillion, bringing Musk closer to the goal of becoming the world's first trillionaire, reflecting his strategic positioning in the aerospace industry.
- Sports Team Valuation Comparison: Musk's wealth exceeds the combined valuation of all teams in the four major North American sports leagues, totaling $536.825 billion, illustrating the relative scale of his immense fortune and his potential influence in investment circles.
See More
Formula One Group to Announce Q4 Earnings on February 26
- Earnings Announcement: Formula One Group is set to release its Q4 earnings report on February 26 before market open, with consensus EPS estimated at $0.42 and revenue expected to reach $1.55 billion, highlighting investor interest in the company's financial performance.
- Market Expectations: Analyst expectations for F1 Group's EPS and revenue indicate a cautiously optimistic outlook for future growth, as the stock is perceived as not cheap, yet investors remain positive about long-term ownership.
- New Partnership Opportunities: IMAX's new deal with Apple TV to showcase F1 races in U.S. theaters not only expands F1's audience base but also has the potential to generate additional revenue streams, further enhancing the brand's influence.
- Investor Day Event: The upcoming analyst/investor day for F1 Group is expected to provide more insights into the company's strategy and future developments, likely attracting investor attention and potentially impacting stock price movements.
See More
Berkshire Sells Liberty Live Stock and Reveals Manager Weschler's Stake
Berkshire Hathaway Stock Sale: Berkshire Hathaway sold approximately $27 million worth of Liberty Live Group stock in January.
Investment Manager's Holdings: Berkshire investment manager Ted Weschler and his family own around $22 million in Liberty Live Group stock.
See More
Berkshire Acquires New York Times Shares; Divests Apple, Bank of America, and Amazon in Q4
- Berkshire Hathaway's Investment Changes: The company reduced its holdings in Bank of America and Apple during the fourth quarter.
- New Investment in New York Times: Berkshire Hathaway initiated a new position by purchasing five million shares of the New York Times.
- Regulatory Filing: These changes were disclosed in a 13-F filing after the close of trading on Tuesday.
- Market Impact: The adjustments in investment strategy reflect Berkshire Hathaway's ongoing portfolio management and market positioning.
See More
Liberty Live Holdings to Host Q4 Earnings Call on February 26
- Earnings Call Announcement: Liberty Live Holdings will hold its Q4 earnings conference call on February 26 at 10:00 a.m. E.T., where management will discuss the company's financial performance and outlook, aiming to enhance investor understanding of future developments.
- Participation Details: Shareholders and analysts can join the call by dialing +1 (877) 704-2829 or +1 (215) 268-9864, with a requirement to confirm at least 10 minutes prior using code 13756851, ensuring smooth participation and information access.
- Webcast and Replay: The conference call will be streamed live on Liberty Live's investor relations website, allowing registered participants to watch in real-time, and a replay will be available post-call for those unable to attend live, facilitating broader information dissemination.
- Company Overview: Liberty Live Holdings consists of ownership in Live Nation, its wholly owned subsidiary Quint, and other minority investments, showcasing its diversified investment strategy in the entertainment sector to enhance market competitiveness.
See More
2026 FIFA World Cup to Drive Growth in U.S. Live Entertainment Market
- World Cup Catalyst: Analysts believe that the 2026 FIFA World Cup, hosted across North America, will serve as a landmark catalyst for global attention on U.S. live entertainment, significantly boosting sports engagement and generating spillover effects across the industry.
- Shift in Consumer Spending: As traditional entertainment categories like cinemas and linear TV lose market share, live formats have shown greater resilience, with 2026 expected to highlight the scarcity value of live platforms that engage deeply with fans and have global reach.
- Liberty F1 Upgrade: The analyst upgraded Liberty Formula One to Outperform, arguing that 2026 will present multiple structural and event-driven tailwinds for the company, particularly in media rights negotiations and profitability recovery at key events like the Las Vegas Grand Prix.
- Positive Outlook for Live Nation and TKO: Analysts reiterated a positive view on Live Nation and TKO Group as core beneficiaries of strong live entertainment fundamentals, with 2026 expected to focus on execution and potential upside from media rights and partnership revisions.
See More
Elon Musk's Wealth Soars to $619 Billion as Tesla Stock Rises 18.6%
- Wealth Surge: Elon Musk's wealth increased by $187 billion in 2025, ending the year with a net worth of $619 billion, making him the first person to surpass $600 billion, highlighting his significant influence in the electric vehicle and aerospace sectors.
- Tesla Stock Performance: Tesla's stock rose by 18.6% in 2025, providing strong support for Musk's wealth growth, with a new pay package potentially awarding him nearly $1 trillion in shares, further accelerating his financial ascent.
- Potential SpaceX IPO: SpaceX is expected to pursue an IPO that could value the company at $1.5 trillion, bringing Musk closer to the goal of becoming the world's first trillionaire, reflecting his strategic positioning in the aerospace industry.
- Sports Team Valuation Comparison: Musk's wealth exceeds the combined valuation of all teams in the four major North American sports leagues, totaling $536.825 billion, illustrating the relative scale of his immense fortune and his potential influence in investment circles.
See More
