Liberty Media Corporation (FWONA) is a mass media company based in Englewood, Colorado, primarily known for its ownership stakes in various media and entertainment businesses. Founded by John Malone in 1991, Liberty Media operates through several tracking stock groups, including the Formula One Group and the Liberty Live Group. The company is heavily involved in sports and entertainment, owning significant interests in entities such as Formula 1, SiriusXM, and Live Nation Entertainment.