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ISC's Revenue, Income Fall In Q3 With One Less Cup Race
Published October 4, 2012
In a statement, ISC CEO Lesa France Kennedy said, "We remain encouraged with many aspects of our business despite the ongoing affects of the sluggish economy, which continues to impact on our attendance-related revenues. Corporate partner support for the industry remains robust. The sports media rights landscape is strong as evidenced last month by Major League Baseball extending its television contract on favorable terms. And, we are seeing certain consumer trends moving in the right direction. These consumer trends need to translate into increased attendance at our events before we can see growth in attendance-related revenues."