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Atlanta Braves Holdings, Inc. - BATRA STOCK NEWS

Welcome to our dedicated page for Atlanta Braves Holdings news (Ticker: BATRA), a resource for investors and traders seeking the latest updates and insights on Atlanta Braves Holdings stock.

Atlanta Braves Holdings, Inc. Series A Common Stock (symbol: BATRA) is a holding company operating through its wholly-owned subsidiary that owns and operates the Atlanta Braves Major League Baseball Club and The Battery Atlanta. The company's revenue streams include ticket sales, concessions, broadcasting rights, sponsorships, retail, licensing, and MLB shared revenue. With a focus on baseball and mixed-use development, Atlanta Braves Holdings, Inc. is a key player in the sports and entertainment industry.
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Atlanta Braves Holdings (Nasdaq: BATRA, BATRK) announced the release of their second quarter earnings and a subsequent Q&A conference call. The event is scheduled for Thursday, August 8th at 10:00 a.m. ET. Before market trading opens, the company will issue a press release detailing its financial results, accessible on their website. The Q&A session, following the prepared remarks from Liberty Media , will allow shareholders and analysts to pose questions about both Liberty Media and Atlanta Braves Holdings' financial performance and outlook.

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Atlanta Braves Holdings will hold its virtual Annual Meeting of Stockholders on June 10, 2024, at 8:30 a.m. M.T. on the website www.virtualshareholdermeeting.com/ABH2024.

Stockholders of record by 5:00 p.m., April 16, 2024, can attend, vote, and submit questions using a 16-digit control number from their proxy card. Technical support will be available 10 minutes before the meeting.

The webcast can also be accessed on the Atlanta Braves Holdings' website and will be archived post-SEC filings. Atlanta Braves Holdings owns and operates the Atlanta Braves Major League Baseball Club, The Battery Atlanta, and Truist Park.

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Atlanta Braves Holdings, Inc. reported a 20% growth in total revenue to $37 million in the first quarter of 2024. Baseball revenue increased by 25% to $22 million, and mixed-use development revenue rose by 13% to $15 million. Adjusted OIBDA was $10 million for the mixed-use development segment. The company completed various capital improvement projects, including new spaces and retail store expansions. Operating costs increased, resulting in an operating loss and an Adjusted OIBDA loss for the quarter.

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Atlanta Braves Holdings, Inc. (NASDAQ: BATRA, BATRK) will be presenting at the MoffettNathanson Media, Internet & Communications Conference in NYC. Greg Maffei, the Chairman, President, and CEO, will discuss the company's financial performance and outlook.

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Atlanta Braves Holdings, Inc. invites shareholders and analysts to a Q&A session following Liberty Media 's first-quarter earnings conference call on May 8th. The session will address financial performance and outlook.
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Atlanta Braves Holdings, Inc. reported strong financial results for Q4 and year end 2023, with total revenue growing by 9% to $641 million. Baseball revenue increased by 9% to $582 million, while mixed-use development revenue rose by 10% to $59 million. The company extended Alex Anthopoulos as President of Baseball Operations and General Manager through the 2031 season. The Braves achieved their sixth consecutive NL East title in 2023, leading to robust revenue growth for the year. The Battery Atlanta saw increased foot traffic and strong sales, with season tickets already sold out for the upcoming season.
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Atlanta Braves Holdings, Inc. (BATRA) will be holding a Q&A session following Liberty Media Corporation's fourth quarter earnings conference call. The conference call will take place on February 28th, with a press release reporting the results to be issued before market trading opens. Shareholders and analysts are invited to participate in the Q&A session, where management will address questions about the financial performance and outlook of the companies.
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Atlanta Braves Holdings, Inc. has announced the pricing of a secondary public offering of 1,811,066 shares of its Series C common stock. Liberty Media Corporation will exchange the shares for certain indebtedness of Liberty Media held by an affiliate of J.P. Morgan Securities LLC. The offering is expected to close soon.
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Atlanta Braves Holdings, Inc. has announced a proposed secondary public offering of 1,811,066 shares of its Series C common stock currently held by Liberty Media Corporation. The shares will be exchanged for certain indebtedness of Liberty Media and then sold to the underwriter in the offering. Atlanta Braves Holdings will not receive any proceeds from the sale. J.P. Morgan Securities LLC is acting as the underwriter for the offering.
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Atlanta Braves Holdings reported third quarter 2023 results. Total revenue grew 11% to $272 million. Baseball revenue increased 11% to $256 million. Mixed-use development revenue increased 10% to $16 million. The Braves secured their sixth consecutive NL East Title. 54 game sellouts and 3.2 million tickets sold for the 2023 season.
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FAQ

What does Atlanta Braves Holdings, Inc. do?

Atlanta Braves Holdings, Inc. is a holding company that owns and operates the Atlanta Braves Major League Baseball Club and The Battery Atlanta, focusing on baseball and mixed-use development.

How does Atlanta Braves Holdings, Inc. generate revenue?

The company generates revenue through various streams including ticket sales, concessions, broadcasting rights, sponsorships, retail, licensing, and shared MLB revenue.

What are the key segments of Atlanta Braves Holdings, Inc.?

The company has reportable segments in baseball, which generates key revenue, and mixed-use development.

Who owns Atlanta Braves Holdings, Inc.?

The company is controlled by Liberty Media Corporation, with ownership stakes in Formula One, SiriusXM, and the Atlanta Braves Major League Baseball team.

What is The Battery Atlanta?

The Battery Atlanta is a mixed-use real estate development owned and operated by Atlanta Braves Holdings, Inc., providing a unique entertainment experience for fans and visitors.

Where is the Atlanta Braves Major League Baseball Club's stadium located?

The Atlanta Braves Major League Baseball Club's stadium, Truist Park, is operated by Atlanta Braves Holdings, Inc. and is located in Atlanta.

What are the primary revenue sources for Atlanta Braves Holdings, Inc.?

The company's primary revenue sources include ticket sales, concessions, broadcasting rights, sponsorships, retail, licensing, and shared MLB revenue.

What sets Atlanta Braves Holdings, Inc. apart in the sports industry?

Atlanta Braves Holdings, Inc. stands out in the sports industry due to its focus on baseball, mixed-use development, and unique revenue streams.

How does Atlanta Braves Holdings, Inc. contribute to the entertainment sector?

Through its ownership of the Atlanta Braves Major League Baseball Club and The Battery Atlanta, the company creates a vibrant entertainment experience for fans and visitors.

What are the core values of Atlanta Braves Holdings, Inc.?

Atlanta Braves Holdings, Inc. values innovation, community engagement, and a commitment to delivering exceptional sports and entertainment experiences.

Atlanta Braves Holdings, Inc.

Nasdaq:BATRA

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BATRA Stock Data

2.78B
10.32M
2.77%
74.79%
0.41%
Entertainment
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United States of America
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