BATRB News and Press, Liberty Media From 06/15/23

2023-06-15 01:18:40 ET Summary After reviewing the latest spinoff documents, current Liberty SiriusXM prices continue to offer 40% upside to our estimate of NAV. When compared to the other segments of Liberty Media Corporation involved in the spin-off, I believe Liberty SiriusXM s...

2023-03-21 04:41:02 ET Summary Southeastern’s 13F portfolio value decreased from $3.97B to $2.85B this quarter. The number of positions increased from 38 to 39. They increased Oscar Health while decreasing Renaissance RE, General Electric, Lumen Tech, and Affiliated Manager...

Summary Liberty Media is set to split-off MLB team Atlanta Braves into an asset-backed stock. The split-off will open the door for a potential sale of the franchise. Given precedent industry transactions, the Braves might fetch north of $50/share in a sale - a 47%+ upside. Thi...

Summary Liberty SiriusXM shareholders have become impatient after a lackluster few years and management is listening. Liberty has already announced the split-off of the Live Nation stake, which will likely only be the first step. The second step should be a merger between SiriusXM a...

Summary Liberty Media owns and operates the 2021 World Series Champion Atlanta Braves baseball team. It also owns the stadium and much of the land around it, including The Battery. The Atlanta Braves are publicly traded in three tracking stocks trading under the symbols BATRA, BAT...

Summary Southeastern’s 13F portfolio value decreased from $5.66B to $4.74B this quarter. The number of positions increased from 35 to 36. They increased IAC/Interactive, Hyatt Hotels, General Electric, Warner Bros. Discovery, and Liberty Broadband and Affiliated Managers Gr...

Summary Formula One was reshaped by Liberty Media, becoming a more attractive product. Fan engagement and revenues are increasing consistently. Bottom-line is still poor and doesn’t justify current prices. Investment Thesis Liberty Media has successful...

Liberty Braves Series A press release ( NASDAQ: BATRA ): Q2 Adjusted OIBDA of $55M. Revenue of $260M (+20.4% Y/Y) beats by $9.5M . For further details see: Liberty Braves Series A reports Q2 Adjusted OIBDA of $55M

Weitz Investment Management focuses exclusively on asset management and provides clients with top-quality, personalized service. Over the past three decades, Weitz has leveraged its research driven approach to capitalize on investment opportunities that arise out of market inefficiencies....

Liberty Media has done lots of work developing Formula One since taking it over. Many stakeholders take interest in the great cash it generates. Complex corporate structure leaves me on the sideline. For further details see: Formula One Group: Great Cash Generator, But H...