Atlanta Braves Holdings, Inc.

Greetings. Welcome to the Atlanta Braves Holdings 2024 Third Quarter Earnings Ball. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Jennifer Giglio, Senior Vice President of Communications. Thank you. You may begin.

Good morning. Before we begin, we'd like to remind everyone that on today's call, management's prepared remarks may contain forward-looking statements. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today. A number of factors could cause actual results to differ materially from those anticipated, including those set forth in the risk factors section of our annual and quarterly reports filed with the FDC. Forward-looking statements are based on current expectations, assumptions, and beliefs, as well as information available to us at this time, and speak only as of the date they are made, and management undertakes no obligation to update publicly any of them in light of new information or future events. During this call, we will discuss certain non-GAAP financial measures, including adjusted OIVDA. The full definitions of these non-GAAP financial measures and reconciliations to the comparable GAAP financial measures are contained in the Form 10-Q and earnings press release available on the company's website. Now, I'd like to turn the call over to Terry McGurk, President and CEO of Atlanta Braves Holdings.

Good morning, and welcome to the Atlanta Braves Holdings third quarter 2024 earnings call. I want to start briefly discussing the updates to voting and governance arrangements that the Atlanta Braves holdings previously disclosed in August. These updates, which have been approved by Major League Baseball, further empower our Atlanta-based management team to lead this organization and make decisions that we believe will create value for our shareholders. We're excited about the future of the organization and I speak for the entire Braves management team when I say that we are grateful for the continued support of John Malone and Liberty Media. The Atlanta Braves is a franchise defined by excellence both on and off the field. We hold ourselves to the highest standards to benefit our fans, our partners, and you, our shareholders. The team is coming off another exciting season with our seventh consecutive trip to the postseason. While we fell short of our ultimate goal of winning another World Series, our players showed fight and perseverance that made us all proud. We are confident in the leadership of our team, the talent on the field, and our ability to compete and win at the highest level. As shareholders, you know that the team we put on the field is just one important piece of the organization. We are really a multifaceted business That includes an incredible in-stadium experience at Truist Park, a multi-use real estate development around our ballpark called the Battery Atlanta, and media and entertainment assets. For our third consecutive year, we welcomed more than 3 million fans to the ballpark during the season and millions more tuned in on television and radio. The Battery Atlanta continues to be a top live, work, and play destination in the Southeast, and a leading example of a mixed-use development anchored by a sports venue. As we look to next year, I am thrilled that we will have the opportunity to host the Major League Baseball All-Star Game. We thank Major League Baseball for the opportunity to welcome fans from around the world to Atlanta and showcase Truist Park and the Battery Atlanta on the national stage. We understand the significance of our role as a part of Braves country, which comes with the privilege and responsibility of supporting our community. We continue our work through the Atlanta Braves Foundation and Henry Lewis Aaron Fund to create tangible impact that benefits not only Braves fans, but the entire Southeast region that they call home. As we begin this new chapter in the history of the Atlanta Braves, I want to reaffirm that we understand the unique responsibility we have being the only publicly traded Major League Baseball team. It's one that we have prepared for and that we do not take lightly. We look forward to meeting many of you in the coming weeks at Liberty Investor Day and beyond that as part of our regular engagement with investors and analysts. And now I will turn over the call to Derek and Jill who will walk you through the results from the quarter.