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Atlanta Braves Holdings, Inc. - BATRK STOCK NEWS

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

Atlanta Braves Holdings, Inc. Series C Common Stock (symbol: BATRK) is a holding company that owns and operates the Atlanta Braves Major League Baseball Club, Truist Park, and The Battery Atlanta. The company's revenue comes from various sources including ticket sales, concessions, broadcasting rights, advertising sponsorships, and retail revenue. It is a subsidiary of Liberty Media Corporation, which also owns stakes in Formula One and SiriusXM.

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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, Truist Park, and The Battery Atlanta.

Where does Atlanta Braves Holdings, Inc. derive its revenue from?

The company generates revenue from various sources including ticket sales, concessions, broadcasting rights, advertising sponsorships, and retail revenue.

Who owns Atlanta Braves Holdings, Inc.?

Atlanta Braves Holdings, Inc. is a subsidiary of Liberty Media Corporation, controlled by chairman John C. Malone.

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

The company's reportable segments include baseball, which generates significant revenue, and mixed-use development.

What is The Battery Atlanta?

The Battery Atlanta is a mixed-use real estate development owned by Atlanta Braves Holdings, Inc., located near Truist Park.

Where is Truist Park located?

Truist Park is the stadium of the Atlanta Braves Major League Baseball Club and is operated by Atlanta Braves Holdings, Inc.

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

The company's revenue primarily comes from ticket sales, concessions, broadcasting rights, advertising sponsorships, and retail and licensing revenue.

Who else does Liberty Media Corporation own stakes in?

In addition to Atlanta Braves Holdings, Inc., Liberty Media Corporation also owns stakes in Formula One and SiriusXM.

What are the major divisions of Liberty Media Corporation?

Liberty Media Corporation has three divisions reflecting its ownership stakes in Formula One, SiriusXM, and the Atlanta Braves Major League Baseball team.

How does Atlanta Braves Holdings, Inc. contribute to the revenue of Liberty Media Corporation?

Atlanta Braves Holdings, Inc. contributes to the revenue of Liberty Media Corporation through its ownership of the Atlanta Braves Major League Baseball Club and related ventures.

Atlanta Braves Holdings, Inc.

Nasdaq:BATRK

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2.62B
50.64M
9.77%
81.32%
1.7%
Entertainment
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