Endeavor Paid $47 Million to Acquire 3 Braves Minor League Teams
Global sports and entertainment company Endeavor paid about $47 million to acquire three minor league baseball teams from the Atlanta Braves earlier this year, part of…
liberty media
Liberty Media Expands F1 Vegas Footprint With $240M Land Purchase
As the sports community turns its attention to Miami for the city’s inaugural Formula One Grand Prix, the racing organization’s ownership revealed a major investment in…
Sporticast: How Formula One Became an Overnight Sensation in America
On the latest Sporticast episode, hosts Eben Novy-Williams and Asli Pelit discuss Formula 1’s rapid growth in the U.S. The open-wheel racing circuit, which is owned by…
F1 Boom Lures Amazon, Dell and Oracle Into Tech-Sponsor Race
When the Crypto.com Miami Grand Prix revs up this Saturday and Sunday, tech companies will compete for the podium every bit as much as frenemies Lewis Hamilton and Max…
Liberty Media, Braves Shatter Revenue Record in World Series Run
The Atlanta Braves’ championship run spurred Liberty Media to what may be its strongest year to date. Liberty, the parent company of the Braves and Formula One, reported…
Liberty Media’s Buffett Deal Opens Door for Braves or F1 Spinoff
Liberty Media has the potential to create a spinoff of its sports assets, thanks to a string of recent moves. The parent company of the Atlanta Braves and Formula One…
Braves’ Strong Q3 Earnings Report Mirrors Team’s On-Field Revival
The major turnaround for the Atlanta Braves didn’t just happen on the field. On the way to their first title in 26 years, the champs also saw a strong third quarter…
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Liberty Media Adds Braves’ NL Pennant to 2021 Rebound
It’s a good time to be in Texas if you’re a Liberty Media executive. Liberty CEO Greg Maffei exemplified this feeling in a Twitter photo he posted of himself over the…
F1 Revenue Rebounds, Braves Beat 2019 in Liberty’s Latest Quarter
Second quarter revenue for Liberty Media’s sports properties showed a strong rebound after last year’s pandemic-induced disasters. Formula One revenue surpassed $500…
Formula One TV Ratings Up Big Amid Liberty Media Turnaround
When it was announced Liberty Media had agreed to acquire Formula One back in September 2016, there was a concern among purists that the American mass media conglomerate…
Liberty Media Seeking $500 Million via SPAC for Media, Entertainment Acquisition
Liberty Media—owner of the Atlanta Braves, Formula One and Sirius XM Radio—has formed a blank check company to seek a target acquisition in the “media, digital media…
Braves’ Revenue Plunges and Formula One Hits Brakes in Liberty Media Earnings
Baseball revenue fell by fifty percent to $102 million in the three months ending Sept. 30, Atlanta Braves parent Liberty Media disclosed this morning. The current…
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