Operator

Welcome to Liberty Media Corporation's 2026 Q1 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded today, May 7, I would now like to turn the call over to Hooper Stevens, SVP, Investor Relations. Please go ahead.

Hooper Stevens
Senior Vice President of Investor Relations

Thank you very much for joining us this morning for Liberty Media's First Quarter 2026 Earnings Call. As we get started, I'd like to remind you that this call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in the most recent forms 10-K and 10-Q filed by Liberty Media with the SEC. These forward-looking statements speak only as of the date of this call, and Liberty Media expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in Liberty Media's expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based.