Disney: Cable Network Unit Growth To Continue WME Plans To Cut $151M Out Of IMG WME Plans To Cut $151M In Costs Out Of IMG Nike's Q4, FY '15 Forecasts Below Expectations Analyst: Phil Jackson Hire Good News For MSG Stock Moody's Gives WME IMG B2 Credit Rating CDI Net Income Drops 5% In '13 Bauer Purchases Easton-Bell Baseball/Softball Learfield Sports Acquires Nelligan Sports ISC Q4 Revenue Flat With '12
Upcoming Conferences and Events
Merchandise Trailer Cutbacks, Earnhardt Help MA Post Q1 Profit
Published April 15, 2008
|Earnhardt Jr. Merchandise Helps Motorsports
Authentics Post First Profitable Quarter
POSITIVE OUTLOOK: NASCAR SCENE's Bob Pockrass reported MA execs are "cautiously optimistic about breaking even this year." MA, "at least in part," reaped the benefits from Earnhardt's change from Budweiser to National Guard and Amp, "as well as the change in his team and number." MA lost $6.5M in Q1 '07 and "nearly $43[M]" total last year. Pockrass noted there are "still some merchandise haulers that are not making money and will be re-evaluated" (SCENEDAILY.com, 4/10).