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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
07/18/2023

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 A Liberty Braves Common Stock	07/18/2023		J⁽¹⁾		150,687	D	$0⁽¹⁾	0.0000	D
Series B Liberty Braves Common Stock⁽²⁾	07/18/2023		J⁽¹⁾		3,669	D	$0⁽¹⁾	0.0000	D
Series C Liberty Braves Common Stock	07/18/2023		J⁽¹⁾		1,050,907	D	$0⁽¹⁾	0.0000	D

**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) - BATRK⁽³⁾	$27.73	07/18/2023		J⁽³⁾	V		6,908	03/06/2019	03/06/2026	Series C Liberty Braves Common Stock	6,908	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$23.51	07/18/2023		J⁽³⁾	V		15,283	03/30/2017	03/30/2024	Series C Liberty Braves Common Stock	15,283	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$25.49	07/18/2023		J⁽³⁾	V		94,859	12/30/2022	03/09/2029	Series C Liberty Braves Common Stock	94,859	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$23.51	07/18/2023		J⁽³⁾	V		133,594	12/31/2017	03/30/2024	Series C Liberty Braves Common Stock	133,594	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$23.34	07/18/2023		J⁽³⁾	V		46,052	12/31/2018	03/05/2025	Series C Liberty Braves Common Stock	46,052	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$20.07	07/18/2023		J⁽³⁾	V		136,528	12/31/2020	03/11/2027	Series C Liberty Braves Common Stock	136,528	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$29.1	07/18/2023		J⁽³⁾	V		313,342	12/31/2023	12/15/2026	Series C Liberty Braves Common Stock	313,342	⁽³⁾	0.0000	D
Stock Option (Right to Buy) - BATRK⁽³⁾	$26.36	07/18/2023		J⁽³⁾	V		352,224	12/31/2024	12/10/2027	Series C Liberty Braves Common Stock	352,224	⁽³⁾	0.0000	D

Explanation of Responses:

1. On July 18, 2023, Liberty Media Corporation (the "Issuer") redeemed (the "Redemption") each share of its Liberty Braves common stock for shares of common stock of Atlanta Braves Holdings, Inc. ("Atlanta Braves Holdings"). In the Redemption, the Issuer redeemed (i) each outstanding share of its Series A Liberty Braves common stock for one share of Atlanta Braves Holdings' Series A common stock, (ii) each outstanding share of its Series B Liberty Braves common stock for one share of Atlanta Braves Holdings' Series B common stock and (iii) each outstanding share of its Series C Liberty Braves common stock for one share of Atlanta Braves Holdings' Series C common stock. Such transactions were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

2. Each share of Series B Liberty Braves common stock is convertible, at the holder's election, into one share of Series A Liberty Braves common stock, at any time for no consideration other than the surrender of the share of Series B Liberty Braves common stock for each share of Series A Liberty Braves common stock.

3. In connection with the Redemption, all option awards held by the reporting person with respect to the Issuer's Liberty Braves common stock (each, a "Braves Award") were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the option awards were granted, such that each Braves Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of Atlanta Braves Holdings' common stock. These adjustments were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

	/s/ Brittany A. Uthoff as Attorney-in-Fact for Gregory B. Maffei	07/20/2023
	** Signature of Reporting Person	Date
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