Sports
MSG Sports reports $53.3M in 2025 Q1 revenue
Getty Images
A month after the Knicks and Rangers began their 2024-25 regular seasons, MSG Sports reported $53.3M in revenue for the first fiscal quarter, representing a 24% year-over-year increase. Still, for the quarter ended Sept. 30, the company had an operating loss of $8.3M.
MSG Sports said the combined average season-ticket renewal rate for the Knicks and Rangers is approximately 97%. The company highlighted a new Knicks jersey patch deal with the Department of Culture and Tourism – Abu Dhabi, a new partnership with Lenovo and its subsidiary Motorola Mobility, and renewals with Verizon and Benjamin Moore. The company said it has seen strong renewals in its suite business, including its event-level club space.
In a statement, Executive Chairman and CEO James Dolan said the company “remains confident” it will generate long-term shareholder value.
Is Fashion Missing the Bigger Picture?
Black Friday 2024 store hours to shop the best deals at Target, Walmart, Best Buy and more
:quality(85):upscale()/2024/11/01/834/n/1922729/201eb7346725257b4e30f7.73542940_.png "What the Google Pixel Watch 3 Taught Me About Fitness, Sleep, and Mental Health")
What the Google Pixel Watch 3 Taught Me About Fitness, Sleep, and Mental Health
45 Deals Bazaar Editors Are Shopping Now at Sephora
Fitness App Market to Grow by USD 55.86 Billion (2024-2028) as Health Management Needs Rise; AI-Redefined Market Landscape Report – Technavio
We simulated Tennessee football vs. Kentucky. Who won the game, MVP honors in EA Sports?
Advantange Sport & Fitness Expands into New England
Dodgers studied Yankees’ defensive, baserunning shortcomings that led to crushing World Series defeat: report
Guns, Marijuana, Gambling: Fresno’s Smoke Shop Enforcement Issues $5M in Citations
