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Upexi Reports Fiscal Third Quarter 2026 Financial Results
The REIT posted $32.2 million in net income and said its current distributions remain sustainable, with payout ratio expected to stay below 100% in 2026.
The Atlanta Braves reported a 41% decrease in television revenue from $4.3 million in Q1 2025 to $2.6 million in Q1 2026 due to timing issues with the launch of their BravesVision media contracts and the transition from their previous broadcasting arrangement.
Revenue from The Battery development around Truist Park increased by 41% compared to Q1 2025, driven by concerts, bars, restaurants, and visits before and after games.
The Braves launched BravesVision just weeks before opening day, with some TV contracts finalized only hours before games began, causing an initial disruption in revenue.
The Braves' move to in-house TV production reflects a broader trend away from traditional cable regional sports networks, which had higher cable subscription revenues, affecting many MLB teams similarly.