Liberty’s Braves Spinoff Sets Stage for Future Sale, CEO Maffei Says
Liberty Media has no immediate plans to sell the Atlanta Braves, but the parent company of the MLB club wants to be prepared structurally if it does decide to make that…
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Liberty Media to Split Off Atlanta Braves, Create Tracking Stock
John Malone’s Liberty Media Corp. said Thursday its board of directors has authorized management to pursue a split-off of the Atlanta Braves and its associated real…
Liberty Media, Baupost Group Back Football-Focused Digital Media Startup
The 33rd Team (T33T), a football-focused digital media company founded by former NFL club executives Mike Tannenbaum and Joe Banner, recently closed on a Series A…
World Series Boost Helped Braves Earn $260M in Last Quarter
The Atlanta Braves haven’t missed a beat since winning the World Series in November. Braves parent company, Liberty Media, reported on Friday that the team reeled…
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 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…
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