Atlanta Braves mascot Blooper, looking quite lonely. (Photo by Carmen Mandato/Getty Images)
Atlanta Braves’ owner Liberty Media has made a startling SEC filing.
Technically speaking, this is the 10-Q report, which is a document as filed with the Securities and Exchange Commission by publicly-traded companies. The Atlanta Braves parent company Liberty Media made that filing on Monday, and it covers the quarter ending June 30th… the traditional beginning months of the baseball season.
The big thing that the media will note from this report involves the Braves’ revenue stream, so let’s look at that first:
Revenue is divided into “Development” and “Baseball” segments, which you can surmise represent things like Battery Atlanta vs.