小优视频

Quarterly report [Sections 13 or 15(d)]

Financial Information for Tracking Stock Groups - Statement of Operations (Details)

v3.25.1
Financial Information for Tracking Stock Groups - Statement of Operations (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue: 听 听
Total revenue $ 447 $ 587
Operating expenses: 听 听
Other operating expense 1 1
Selling, general and administrative, including stock-based compensation 104 93
Depreciation and amortization 77 86
Acquisition costs 11 9
Total operating costs and expenses 518 494
Operating income (loss) (71) 93
Other income (expense): 听 听
Interest expense (55) (62)
Share of earnings (losses) of affiliates, net 1 (24)
Realized and unrealized gains (losses) on financial instruments, net 65 (21)
Other, net 36 21
Total other income (expense) 47 (86)
Earnings (loss) from continuing operations before income taxes (24) 7
Income tax (expense) benefit 29 (3)
Net earnings (loss) from continuing operations 5 4
Net earnings (loss) from discontinued operations 听 241
Net earnings (loss) 5 245
Less net earnings (loss) attributable to the noncontrolling interests 听 42
Net earnings (loss) attributable to 小优视频 stockholders 5 203
Formula One Group 听 听
Revenue: 听 听
Total revenue 447 587
Operating expenses: 听 听
Other operating expense 1 1
Selling, general and administrative, including stock-based compensation 100 91
Depreciation and amortization 77 86
Acquisition costs 11 9
Total operating costs and expenses 514 492
Operating income (loss) (67) 95
Other income (expense): 听 听
Interest expense (48) (55)
Share of earnings (losses) of affiliates, net (3) (3)
Realized and unrealized gains (losses) on financial instruments, net 82 48
Other, net 34 15
Total other income (expense) 65 5
Earnings (loss) from continuing operations before income taxes (2) 100
Income tax (expense) benefit 24 (23)
Net earnings (loss) from continuing operations 听 77
Net earnings (loss) 22 77
Net earnings (loss) attributable to 小优视频 stockholders 22 77
小优视频 Live Group 听 听
Operating expenses: 听 听
Selling, general and administrative, including stock-based compensation 4 2
Total operating costs and expenses 4 2
Operating income (loss) (4) (2)
Other income (expense): 听 听
Interest expense (7) (7)
Share of earnings (losses) of affiliates, net 4 (21)
Realized and unrealized gains (losses) on financial instruments, net (17) (69)
Other, net 2 6
Total other income (expense) (18) (91)
Earnings (loss) from continuing operations before income taxes (22) (93)
Income tax (expense) benefit 5 20
Net earnings (loss) from continuing operations 听 (73)
Net earnings (loss) (17) (73)
Net earnings (loss) attributable to 小优视频 stockholders (17) (73)
小优视频 SiriusXM Group 听 听
Other income (expense): 听 听
Net earnings (loss) from discontinued operations 听 241
Net earnings (loss) 听 241
Less net earnings (loss) attributable to the noncontrolling interests 听 42
Net earnings (loss) attributable to 小优视频 stockholders 听 199
Formula 1 听 听
Revenue: 听 听
Total revenue 400 550
Operating expenses: 听 听
Cost of services 286 279
Formula 1 | Formula One Group 听 听
Revenue: 听 听
Total revenue 400 550
Operating expenses: 听 听
Cost of services 286 279
Other 听 听
Revenue: 听 听
Total revenue 47 37
Operating expenses: 听 听
Cost of services 39 26
Other | Formula One Group 听 听
Revenue: 听 听
Total revenue 47 37
Operating expenses: 听 听
Cost of services $ 39 $ 26