Trade Atlanta Braves Holdings Inc - BATRK CFD

The Liberty Braves Group Company profile

About Liberty Braves Group

Liberty Media Corporation is a global media and entertainment company. The Company's segments include Sirius XM Holdings and Formula 1. Sirius XM Holdings operates two audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic and weather channels as well as infotainment services, in the United States on a subscription basis through its two satellite radio systems and through the Internet through applications for mobile devices, home devices and other consumer electronic equipment. Sirius XM also provides connected vehicle services and a suite of in-vehicle data services. The Pandora business operates a music, comedy and podcast streaming discovery platform. Formula 1 is a motorsports business that holds commercial rights with respect to the World Championship, an annual motor race-based competition.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Liberty Braves Group revenues increased from $178M to $568M. Net loss decreased 86% to $11M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Realized & Unrealized G/L on Financial increase from $10M (expense) to $3M (income), Interest Expense decrease of 8% to $24M (expense).