secwatch.observer — SEC 8-K summary
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Issuer:     Atlanta Braves Holdings, Inc. (BATRA)
CIK:        0001958140
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001958140-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlanta Braves FY2023 revenue +9% to $641M; Adjusted OIBDA -35% to $38M
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- Full year total revenue $641M (+9% YoY); baseball revenue $582M (+9%), mixed-use $59M (+10%).
- Full year Adjusted OIBDA $38M (down 35% YoY) on higher player salaries and Split-Off costs.
- Q4 revenue $68M (-5% YoY); operating loss widened to $32M from $7M loss in Q4 2022.
- Extended President of Baseball Ops Alex Anthopoulos through 2031 season.
- Season tickets (including premium) sold out for 2024; ballpark upgrades planned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1958140/000195814024000004/0001958140-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1958140/000195814024000004/batra-20240228x8k.htm
  HTML page:      https://secwatch.observer/filing/0001958140-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer