Welcome to our dedicated page for Madison Square Grdn Sprt news (Ticker: MSGS), a resource for investors and traders seeking the latest updates and insights on Madison Square Grdn Sprt stock.
Madison Square Garden Sports Corp. (MSGS) maintains one of sports entertainment's most dynamic portfolios, anchored by iconic franchises like the New York Knicks (NBA) and New York Rangers (NHL). This dedicated news hub provides investors and enthusiasts with official updates spanning financial performance metrics, strategic partnerships, and operational developments.
Our curated collection offers immediate access to earnings reports, corporate announcements, and franchise-specific developments, including updates on esports initiatives and performance center operations. Monitor key business areas like media rights negotiations, sponsorship agreements, and ticket sales innovations that drive this sports leader's diversified revenue model.
Bookmark this page for streamlined tracking of MSGS's operational milestones across both traditional sports management and emerging digital engagement strategies. Regular updates ensure you stay informed about developments impacting one of professional sports' most strategically integrated organizations.
The New York Knicks and Squarespace announced the winners of the fifth annual 'Make It Awards,' providing four entrepreneurs with
DoorDash has been named the Official On-Demand Delivery Platform for the New York Knicks and related teams. The partnership includes joint initiatives like 'Donation Dash' aimed at combating childhood hunger, with significant contributions planned based on the team's performance. As part of this collaboration, DoorDash's visibility will increase through various digital assets and in-game activations at Madison Square Garden, enhancing brand exposure. The Knicks' community efforts can potentially provide up to 400,000 meals for those facing food insecurity this season.
Madison Square Garden Sports Corp. (NYSE: MSGS) has announced a marketing partnership with Future, a digital fitness coaching service, naming it the Official Fitness Coaching Partner of the New York Knicks. As part of the collaboration, Future will present a digital content series highlighting the role of the Knicks' strength and conditioning staff. Brand promotions for Future will occur during Knicks games at Madison Square Garden, including LED signage and in-game features. Both organizations aim to enhance fan engagement and promote accessible fitness coaching.
Madison Square Garden Sports Corp. (NYSE: MSGS) reported FY2022 Q2 revenues of $289.6 million, a significant rise from $28.8 million in the previous year. Operating income reached $35.9 million, up $74.3 million year-over-year, while adjusted operating income improved to $55.7 million. The company benefited from the return of fans to The Garden, leading to increased ticket sales and media rights fees. Comparatively, the prior year saw significant restrictions due to COVID-19. The positive momentum is expected to continue throughout the fiscal year.
Madison Square Garden Sports Corp. (NYSE: MSGS) will hold a conference call on February 3, 2022, at 10:00 a.m. Eastern Time to discuss its fiscal second-quarter results ending December 31, 2021. A press release detailing these results will be issued before market open. Participants can join the call by dialing 833-942-2482 with conference ID 6569519, or access it via webcast at investor.msgsports.com. A recording will be available until February 10, 2022.
The New York Rangers have launched their first-ever NFT products ahead of Henrik Lundqvist Night, scheduled for January 28, 2022. Starting today at 10 a.m., fans can bid on or purchase over 5,000 limited edition items through Rangers.dropshop.io. The auction ends on January 25, while the 'buy now' option concludes on January 30. NFT tiers include 'Common' for $20, 'Rare' which includes merchandise starting at $200, and 'Legendary' featuring lower bowl tickets and autographed memorabilia starting at $1,000. This initiative aims to enhance fan engagement through digital collectibles.
Madison Square Garden Sports Corp. (MSGS) and Madison Square Garden Entertainment Corp. (MSGE) announced a multi-year renewal of their marketing partnership with Mattress Firm, expanding its role as the Official Sleep Partner of teams like the New York Knicks and New York Rangers. This partnership includes co-branded sweepstakes for game experiences and extensive brand integration at events. Mattress Firm aims to promote sleep health through initiatives, including courtside LED signage and digital content features, further solidifying their commitment to community wellness.
The New York Knicks and Squarespace have launched the fifth annual “Make It Awards,” providing grants and marketing assets to aid local businesses. Four businesses will be awarded a
MSG Sports and Anheuser-Busch have renewed their multi-year marketing sponsorship, enhancing brand visibility across MSG assets, including the New York Knicks and New York Rangers. The deal features the launch of the “Michelob ULTRA Courtside” experience, allowing fans to win exclusive game tickets. Furthermore, Anheuser-Busch will be the Presenting Partner of the historic Blue Seats Section at Madison Square Garden and will collaborate with esports properties, enhancing engagement with fans through Twitch livestreams. In-game LED messaging and other marketing integrations are included.
MSG Entertainment (NYSE:MSGE) has appointed Deirdre Latour as the new Executive Vice President and Chief Communications Officer, starting January 3. With over 25 years of experience, she will manage all external communications for MSG Entertainment and MSG Sports (NYSE:MSGS). Latour replaces Kimberly Kerns, who is leaving after a decade of service. This transition aims to enhance the company's strategic communications as it continues its growth in the live entertainment sector, including the MSG Sphere project in Las Vegas.
