VF Corp. Mum On Majestic Sale To UA Could Disney Really Let Go Of ESPN? Nike Files Flurry Of Tech Patent Former MLBers Launching Private-Equity Fund Under Armour Changing Stock Ticker Symbols Dick's Keeping 22 Sports Authority Stores ESPN Financials Lower In Disney's Q4 New Adidas CEO Scales Back Struggling Reebok Adidas Reports Higher-Than-Expected Q3 Earnings Intel Signs Deal To Acquire VR Company Voke
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).