The Liberty SiriusXM Group (NASDAQ:LSXMK) Q1 2024 Earnings Call Transcript

David Joyce: All right. Thank you.

Operator: Our final question is from Matthew Harrigan with Benchmark Company. Please proceed with your question.

Matthew Harrigan: Thank you. My last dangling MLP question might be more for Derek. What’s your present view on how the change – rule changes are fostering interest in the game. I think Greg’s next great investment might be a surgical clinic doing Tommy John surgery, if you look at what’s coming off the [indiscernible] changes. Just kind of where are we midstream in terms of what’s doing for the popularity of the sport? And are there any downside to what’s happening? Thanks.

Gregory Maffei: They’re overwhelmingly popular, but I’ll let Derek go ahead. No, I’m going to tee you up. Go ahead, please.

Derek Schiller: Yes. I mean, I think, obviously, the bulk of the rule changes took place last season. So we saw the results of those and have been able to study all of last season as well as the first part of the season. I think the overwhelming viewpoint from fans, media, players, teams is that the rule changes were successful and have been embraced, and we’re excited to continue with those. Primarily, the idea that you’re creating a game that is a little bit shorter, a little bit more action inside of that game with some of those changes, including the elimination of the shift things like that. But as we’ve seen some of the small little changes that have taken place from last year to this year, some a couple of seconds taken off [indiscernible] is one example, I think it’s really hard to those changes to some of the things that you might be seeing in whether art pictures or others.

I think that’s the sample size is just too small and we’re going to rely a little bit on MLB to do a full study with the Players Association on that. But I think, overall, I would tell you the rule changes have been from our vantage point, fan vantage point, very successful and have continued to make a great game even better.

Matthew Harrigan: Okay. Thanks.

Gregory Maffei: Thank you to our listening audience for all of your questions and your interest in Liberty Media and the Atlanta Braves Holdings. We look forward to speaking with you again next quarter, if not sooner.

Operator: This concludes today’s conference. You may disconnect your lines at this time, and we thank you for your participation.