Â鶹×îгöÆ·

Quarterly report pursuant to Section 13 or 15(d)

Information About Â鶹×îгöÆ·'s Operating Segments (Tables)

v3.24.3
Information About Â鶹×îгöÆ·'s Operating Segments (Tables)
9 Months Ended
Sep. 30, 2024
Information About Â鶹×îгöÆ·'s Operating Segments Ìý
Schedule of revenue disaggregated by segment and by source

​

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​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

​

Formula One Group

​

​

​

​

​

​

​

​

​

​

Formula 1:

​

​

​

​

​

​

​

​

​

​

Primary

​

$

758

​

790

​

1,960

​

1,722

​

Other

​

​

103

​

97

​

325

​

270

​

Corporate and other

​

​

70

​

—

​

255

​

—

​

Intergroup elimination

​

​

(20)

​

—

​

(54)

​

—

​

Total Formula One Group

​

​

911

​

887

​

2,486

​

1,992

​

Braves Group

​

Ìý

​

Ìý

​

Ìý

​

Ìý

​

​

Corporate and other:

​

Ìý

​

Ìý

​

Ìý

​

Ìý

​

​

Baseball

​

Ìý

NA

Ìý

46

Ìý

NA

Ìý

318

​

Mixed-Use Development

​

Ìý

NA

Ìý

3

Ìý

NA

Ìý

32

​

Total Braves Group

​

​

NA

​

49

​

NA

​

350

​

Consolidated Â鶹×îгöÆ·

​

$

911

​

936

Ìý

2,486

Ìý

2,342

​

Schedule of adjusted OIBDA

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

​

Formula One Group

​

Ìý

​

​

​

​

​

Ìý

​

​

Formula 1

​

$

221

Ìý

215

Ìý

589

Ìý

487

​

Corporate and other

​

​

(14)

Ìý

(18)

​

(15)

​

(44)

​

Total Formula One Group

​

​

207

Ìý

197

​

574

​

443

​

Â鶹×îгöÆ· Live Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

Ìý

(2)

Ìý

(4)

Ìý

(4)

Ìý

(4)

​

Total Â鶹×îгöÆ· Live Group

​

Ìý

(2)

Ìý

(4)

Ìý

(4)

Ìý

(4)

​

Braves Group

​

​

​

​

​

​

​

​

​

​

Corporate and other

​

Ìý

NA

Ìý

3

Ìý

NA

Ìý

14

​

Total Braves Group

​

Ìý

NA

Ìý

3

Ìý

NA

Ìý

14

​

Consolidated Â鶹×îгöÆ·

​

$

205

Ìý

196

Ìý

570

Ìý

453

​

Schedule of other information by segment

​

​

​

​

​

​

​

​

​

​

September 30, 2024

​

​

ÌýÌýÌýÌý

Total

ÌýÌýÌýÌý

Investments

Ìý

​

​

assets

​

inÌýaffiliates

​

​

​

amountsÌýinÌýmillions

​

Formula One Group

​

​

​

​

​

​

Formula 1

​

$

9,324

​

1

​

Corporate and other

​

Ìý

2,798

Ìý

34

​

Intergroup elimination

​

​

(142)

​

—

​

Total Formula One Group

​

​

11,980

​

35

​

Â鶹×îгöÆ· Live Group

​

​

​

​

​

​

Corporate and other

​

​

1,255

​

448

​

Total Â鶹×îгöÆ· Live Group

​

​

1,255

​

448

​

Elimination

​

​

(27)

​

—

​

Consolidated Â鶹×îгöÆ·

​

$

13,208

Ìý

483

​

​

Schedule Of reconciliation of adjusted OIBDA to operating income (loss) and earnings (loss) before income taxes

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

​

September 30,

​

September 30,

​

​

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

ÌýÌýÌýÌý

2024

ÌýÌýÌýÌý

2023

Ìý

​

​

amountsÌýinÌýmillions

​

Adjusted OIBDA

​

$

205

Ìý

196

Ìý

570

Ìý

453

​

Impairment and acquisition costs

​

​

(3)

​

—

​

(23)

​

(1)

​

Stock-based compensation

​

Ìý

(7)

Ìý

(6)

Ìý

(27)

Ìý

(22)

​

Depreciation and amortization

​

Ìý

(88)

Ìý

(89)

Ìý

(263)

Ìý

(291)

​

Operating income (loss)

​

​

107

​

101

​

257

​

139

​

Interest expense

​

Ìý

(62)

Ìý

(62)

Ìý

(184)

Ìý

(188)

​

Share of earnings (losses) of affiliates, net

​

Ìý

116

Ìý

143

Ìý

175

Ìý

228

​

Realized and unrealized gains (losses) on financial instruments, net

​

Ìý

(55)

Ìý

39

Ìý

11

Ìý

(45)

​

Unrealized gains (losses) on intergroup interests

​

​

—

Ìý

(4)

Ìý

—

Ìý

(68)

​

Other, net

​

Ìý

29

Ìý

(19)

Ìý

76

Ìý

12

​

Earnings (loss) from continuing operations before income taxes

​

$

135

Ìý

198

Ìý

335

Ìý

78

​

​