Atlanta Braves Holdings Inc

Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. Pandora provides music, comedy, and a podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.

Earnings data Q1 2021

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Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Atlanta Braves Holdings Inc reports Q3 revenue growth but faces cost challenges

Atlanta Braves Holdings Inc showcased solid revenue performance but faced challenges with declining adjusted OIBDA and cost management.
Management's focus on winning, playoffs, and revenue growth strategies highlights a commitment to enhancing shareholder value.
Analysts' inquiries into growth opportunities and value creation strategies indicate investor interest in the company's future prospects.

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Atlanta Braves Holdings, Inc. owns and operates a Major League Baseball (MLB) club. It operates through the Baseball and Mixed-Use Development segments. The Baseball segment includes its operations relating to the Braves baseball franchise and Truist Park and includes revenue generated from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites, and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. Ticket sales, concessions, broadcasting rights and advertising sponsorship sales are the baseball segment's primary revenue drivers. The Mixed-Use Development segment includes retail, office, hotel and entertainment operations within The Battery Atlanta. The Battery Atlanta derives revenue primarily from office and retail rental income including overage rent and tenant reimbursements and, to a lesser extent, parking and advertising sponsorships. The company was founded on December 7, 2022 and is headquartered in Englewood, CO.

The Atlanta Braves, recently split off from Liberty Media, is an attractive acquisition target for potential buyers. Sports teams often trade on a multiple of revenue, and the Braves has consistently been profitable with control over their television rights and a significant real estate development. The valuation of the Braves, considering both the baseball revenue and the real estate, suggests a potential stock price increase from the current market cap.

Atlanta Braves: This Yankees Fan Is A Buyer

Live Nation

Dave & Buster's

In line with my previous predictions, domestic U.S. leisure travel and the category's growth have normalized to pre-pandemic levels. That means that, although leisure travel spending will remain elevated, it's not going to explode higher as was the case in 2022 and the first eight months or so of 2023.

3 Live Entertainment Stocks Set to Thrive in the Coming Year

The Liberty Braves Group (NASDAQ:BATRA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President, Investor Relations Gregory Maffei - President and Chief Executive Officer Stefano Domenicali - President and Chief Executive Officer of Formula One Brian Wendling - Chief Accounting and Principal Financial Officer Renee Wilm - Chief Legal and Admin Officer, Liberty Broadband Derek Schiller - President and CEO of the Atlanta Braves Conference Call Participants David Karnovsky - JPMorgan Benjamin Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Vijay Jayant - Evercore Stephen Laszczyk - Goldman Sachs Stephen Glagola - TD Cowen David Joyce - Seaport Research Partners Jason Bazinet - Citi Barton Crockett - Rosenblatt Securities Operator Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded November 3.

The Liberty Braves Group (BATRA) Q3 2023 Earnings Call Transcript

Atlanta Braves Holdings has completed its split-off from Liberty Media, allowing investors to own an actual ownership stake in the Braves sporting franchise. BATRA is structured as a holding company and manages the operations of the Major League Baseball Club, Truist Park, and The Battery Atlanta. The company's top-line sales are primarily driven by baseball revenues and mixed-use development revenues from The Battery Atlanta.

Atlanta Braves: Sensible Play For Exposure To U.S. Sporting Franchise

Apple

Energy Transfer LP Unit

Liberty Media Corp-Liberty Formula One

Globalstar

Liberty Media Corp-Liberty SiriusXM

Lyft

QUALCOMM

Cassava Sciences Inc

Sirius XM Holdings Inc

Workday

Energy Transfer LP, Cassava Sciences, and PENN Entertainment Inc. were discussed in last week's insider trades update. CEO of Sirius XM Holdings Inc., Jennifer Witz, purchased 250,000 shares for over $1 million. Lyft, Inc. shares have risen nearly 20% since the introduction of new CEO David Risher in April, and insiders like the stock also.

Week Of 08/28 Notable Insider Buys

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances

Liberty Media Corp. LSXMA, -0.19% LSXMB, +10.40% FWONA, +0.15% FWONK, +0.05% BATRA, +0.36% BATRK, +0.58% said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves Holding Inc. on July 18 after the market close. It also expects to complete its previously announced reclassification of Liberty Media's existing common stock and the creation of the new Liberty Live common stock on Aug. 3 after market close.

Liberty Media to split off Atlanta Braves stock on July 18

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports First Quarter 2023 Financial Results.

Liberty Media Corporation Reports First Quarter 2023 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) will webcast a Formula One Group Q&A Session on Thursday, April 13, 2023 beginning at 5:00 p.m. ET. Liberty Media and F1 management will be available to answer questions. During the Q&A session, observations may be made regarding the company's financial performance and outlook, as well as other forward looking matters.

Liberty Media Announces Formula One Group Investor Q&A Session Webcast

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Closes Private Offering of $575 Million of 3.

Liberty Media Corporation Closes Private Offering of $575 Million of 3.75% Convertible Senior Notes Due 2028

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media” or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported fourth quarter and year end 2022 results.

Liberty Media Corporation Reports Fourth Quarter and Year End 2022 Financial Results

Liberty Media is set to split-off MLB team Atlanta Braves into an asset-backed stock. The split-off will open the door for a potential sale of the franchise.

Liberty Braves: Potential Trophy Asset Sale At A Significant Premium

MLB's winter meetings ended Thursday and the market for MLB free agents has been hot with six players signing 9 figure deals already this off-season. Salaries for top stars have increased from $36 million per year in 2019 to over $43 million (18% inflation). Worse yet, contracts have gotten longer and total commitments are larger.

Liberty Braves: Relatively Well Positioned In A Rising Salary Environment

Liberty Media Corporation ("Liberty Media" or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported third quarter 2022 results. Headlines include(1)

Liberty Media Corporation Reports Third Quarter 2022 Financial Results

Liberty Media owns and operates the 2021 World Series Champion Atlanta Braves baseball team. It also owns the stadium and much of the land around it, including The Battery. The Atlanta Braves are publicly traded in three tracking stocks trading under the symbols BATRA, BATRB, and BATRK.

Liberty Braves: Own Part Of The World Champion Atlanta Braves

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Prices Upsized Private Offering of $425 Million of 2.25% Convertible Senior Notes Due 2027

Liberty Media Corporation Prices Upsized Private Offering of $425 Million of 2.25% Convertible Senior Notes Due 2027

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes

Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes

The Liberty Braves Group (NASDAQ:BATRA ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Gregory Maffei – President and Chief Executive Officer Brian Wendling – Chief Accounting and Principal Financial Officer Stefano Domenicali – President and Chief Executive Officer of Formula One Courtnee Chun – Chief Portfolio Officer Conference Call Participants David Karnovsky – JPMorgan Bryan Kraft – Deutsche Bank Vijay Jayant – Evercore Barton Crockett – Rosenblatt Securities David Joyce – Barclays Jason Bazinet – Citi Operator Ladies and gentlemen, thank you for standing by. Welcome to Liberty Media Corporation's First Quarter 2022 Earnings Call.

The Liberty Braves Group (BATRA) CEO Gregory Maffei on Q1 2022 Results - Earnings Call Transcript

Charter Communications

Liberty Broadband

Following the various parts of John Malone's Liberty empire over recent decades has often been a difficult task for analysts. The various spinoffs, tracking stocks, mergers and acquisitions have been complex but done with the hopes of creating shareholder value for investors.

Liberty Broadband Offers a Unique Arbitrage

Endeavor Group Holdings

"You've got a lot of options if you want to own part of a pro-sports team or even a whole league, but they're not always the best stocks," Cramer said.

Sports fanatics should consider buying these three stocks, Jim Cramer says

Bristol-Myers

Comcast

CVS Health

Paramount Global

By now you've gotten the memo that it's time to own value stocks, since value beats growth when consumer prices and interest rates rise.

Value investing is back: Here's how to dodge the losers and spot the winners — with five stocks to consider

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Extraordinary Cash Distribution on Exchangeable Senior Debentures Resulting from SIRI Special Cash Dividend

Liberty Media Corporation Announces Extraordinary Cash Distribution on 2.125% Exchangeable Senior Debentures due 2048 and 2.75% Exchangeable Senior Debentures due 2049 Resulting from SIRI Special Cash Dividend

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation to Present at Morgan Stanley Technology, Media and Telecom Conference

Liberty Media Corporation to Present at Morgan Stanley Technology, Media and Telecom Conference

Amarin Corporation Plc

DraftKings

Callaway Golf

IAC/InterActiveCorp

Stratasys

ViaSat

Wayfair

ZoomInfo Technologies

Switch

If you're looking for hot stocks to buy, it makes sense to focus your search on growth companies. Here are 10 picks that ought to stay hot.

10 Hot Stocks to Buy That Ought to Stay Hot in 2021

Liberty Media Corporation (BATRA) CEO Greg Maffei on Q3 2020 Results - Earnings Call Transcript

News for Atlanta Braves Holdings Inc Stock (BATRA)