Sources: VF Selling Sports Group To Fanatics Angels P Talks Committing Future Earnings To Fantex MJ's Son Partners With Tech Startup WaitTime Nike Posts Solid Q3 Amid Adidas Resurgence GoPro To Cut 270 Full-Time Jobs Dodgers Owner Leads $100M DraftKings Investment Adidas' CCM Hockey Brand Up For Sale Again Dick's Ed Stack Outlines Plan To Grow Market Share SMI's Total Revenue For FY '16 Up 3% Churchill Downs Inc. Net Income Of $108.1M In '16
SBD/May 4, 2012/Finance
Cablevision Quarterly Profits Down, While MSG Rises With Sports, Media Gains
Published May 4, 2012
GARDEN PARTY: The Madison Square Garden Company (MSG) reported a rise in Q3 revenues, primarily due to revenue increases at MSG Sports and MSG Media segments, but partially offset by a decrease in the MSG Entertainment segment. The $400.5M in revenue represents an increase of 21% from the year-ago period. MSG President & CEO Hank Ratner in a statement noted MSG Sports delivered its most profitable quarter in its two-year history as a public company (MSG).