Liberty Media reports solid full-year earnings; F1 grows

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Liberty Media Corporation Reports Fourth Quarter and Year End 2023 Financial Results

February 28, 2024 8:15 AM EST

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Media Corporation ("Liberty Media" or Liberty) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) today reported fourth quarter and year end 2023 results. Headlines include (1):

Attributed to Liberty SiriusXM Group SiriusXM reported fourth quarter and full year 2023 operating and financial results 2023 full year revenue of $8.95 billion Full year net income of $1.26 billion and diluted EPS of $0.32 Full year adjusted EBITDA(2) of $2.79 billion Full year free cash flow(2) of $1.20 billion SiriusXM announced 2024 financial guidance Expect to... More

Atlanta Braves Holdings Reports Fourth Quarter and Year End 2023 Financial Results

February 28, 2024 8:15 AM EST

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Atlanta Braves Holdings, Inc. (ABH) (Nasdaq: BATRA, BATRK) today reported fourth quarter and year end 2023 results.

Headlines include(1):

Total revenue grew 9% to $641 million in 2023 Baseball revenue up 9% to $582 million Mixed-use development revenue up 10% to $59 million Mixed-use development generated $39 million of Adjusted OIBDA(2) in 2023 Extended Alex Anthopoulos as President of Baseball Operations and General Manager through 2031 season

The Braves are a unique and valuable sports property with leading on-field and off-field business performance. Congrats to the team on capping... More