Madison Square Garden Sports Corp. Class A Common Stock (New) (MSGS)
221.10
-0.62 (-0.28%)
Madison Square Garden Sports Corp is a prominent sports and entertainment company that operates professional sports teams and venues, most notably in New York City
The company owns and manages the New York Knicks, a National Basketball Association team, and the New York Rangers, a National Hockey League team. Additionally, it is engaged in various sports marketing and promotional activities, providing fans with unforgettable experiences through live events and interactive engagements. Through its venues, including the iconic Madison Square Garden, the company hosts a diverse range of athletic competitions and entertainment events, making it a key player in the sports and live entertainment industry.
A new NFL rule allows teams to sell minority stakes to private equity companies. The Miami Dolphins are one of the first to use the rule and fans can buy stock in the new investor.
NetworkNewsWire Editorial Coverage : The sports industry is undergoing significant transformation, driven by shifts in ownership models, global branding strategies, and increasing investment in community-focused initiatives. Multi-club ownership, a rising trend in professional football (soccer), is gaining attention as organizations seek to optimize resources, develop talent, and expand market reach. Simultaneously, major players in sportswear and event management are realigning priorities to capture evolving consumer demands and enhance operational efficiency. These dynamics are creating opportunities for companies across the sector, from football clubs to global brands. Organizations such as Manchester United PLC (NYSEMANU), Nike Inc. NYSE: NKENYSENKE)(NYSE: UANYSEUA , and Madison Square Garden Sports Corp. (NYSE: MSGSNYSE) are leveraging strategic investments, innovative branding, and organizational restructuring to strengthen their positions. In this context, one emerging player, Brera Holdings PLC (NASDAQ: BREABREA) , is making waves with its unique…
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Madison Square Garden Sports reports Q3 2024 revenue of $429.95M, above analyst estimate of $420.74M. Revenue up 12% YoY due to higher ticket, suite, F&B sales, and media fees.
GREENWICH, Conn., June 03, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 16th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 6, 2024. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. For those who cannot attend in person, the symposium will also be available via webcast. Investors should contact their relationship person for more information or click on the link below to register.
GREENWICH, Conn., May 28, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 16th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 6, 2024. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. For those who cannot attend in person, the symposium will also be available via webcast. Investors should contact their relationship person for more information or click on the link below to register.
Madison Square Garden Sports Corp. shares are rising despite playing fewer Knicks and Rangers games in Q2 due to higher-than-expected revenue, driven by increased local media rights fees and league distributions.
