Atlanta Braves Holdings Reports Fourth Quarter and Year End 2024 Financial Results

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[{"type":"text","content":" ATLANTA--(BUSINESS WIRE)--\nAtlanta Braves Holdings, Inc. (“ABH”) (Nasdaq: BATRA, BATRK) today reported fourth quarter and year end 2024 results.\n\n\nHeadlines include:\n\n\n\nTotal revenue grew to $663 million in the fourth quarter, up from $641 million in the prior year period.\n\n\nBaseball revenue increased 2% to $595 million.\n\n\n\nMixed-use development revenue grew 14% to $67 million.\n\n\n\n\n\n\nMixed-use development generated $45 million of Adjusted OIBDA in 2024, up 15% from the prior period.\n\n\n\nThe opening of a new eight-stall food hall named the Outfield Market offering a variety of cuisines.\n\n\n\nDiscussion of Results\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nThree months ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nTwelve months ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nDecember 31,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nDecember 31,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\namounts in thousands\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\namounts in thousands\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nBaseball revenue\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n52,909\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n34,197\n\n\n\n\n\n\n \n\n\n\n\n\n\n(35)\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n581,671\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n595,430\n\n\n\n\n\n\n \n\n\n\n\n\n\n2\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n\nMixed-use development revenue\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n14,839\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n17,921\n\n\n\n\n\n\n \n\n\n\n\n\n\n21\n\n\n\n\n\n\n%\n\...

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