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    <periodOfReport>2025-12-15</periodOfReport>

    <issuer>
        <issuerCik>0001560385</issuerCik>
        <issuerName>Liberty Media Corp</issuerName>
        <issuerTradingSymbol>FWONK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
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            <rptOwnerCik>0001469449</rptOwnerCik>
            <rptOwnerName>Gilchrist Malcolm Ian Grant</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>12300 LIBERTY BOULEVARD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ENGLEWOOD</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80112</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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                <value>2027-12-10</value>
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                    <value>Series C Liberty Live Common Stock</value>
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    <footnotes>
        <footnote id="F1">On December 15, 2025, Liberty Media Corporation (the &quot;Issuer&quot;) redeemed (the &quot;Redemption&quot;) each share of its Series A Liberty Live common stock, Series B Liberty Live common stock and Series C Liberty Live common stock for one share of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings, Inc. (&quot;Liberty Live Holdings&quot;).</footnote>
        <footnote id="F2">In connection with the Redemption, all option awards held by the reporting person with respect to the Issuer's Liberty Live common stock (each, a &quot;Live Award&quot;) were adjusted pursuant to the anti-dilution provisions of the incentive plan under which the Live Awards were granted, such that each Live Award was exchanged for an option to purchase an equivalent number of shares of the corresponding series of Liberty Live Group common stock of Liberty Live Holdings.</footnote>
    </footnotes>

    <remarks>The transactions and adjustments described above were approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.</remarks>

    <ownerSignature>
        <signatureName>/s/ Brittany A. Uthoff as Attorney-in-Fact for Malcolm Ian Grant Gilchrist</signatureName>
        <signatureDate>2025-12-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
