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Mar 31, 2024
MSG Spinco Q3 2024 Earnings Report
Reported financial results for the fiscal third quarter, showing revenue increase and improved operating loss.
Key Takeaways
Sphere Entertainment Co. reported a significant increase in revenue for the fiscal third quarter, driven by the Sphere segment's strong performance. The company's operating loss also improved compared to the prior year quarter.
U2's and Phish's sold-out shows concluded in March and April, respectively.
Dead & Co. extended its residency due to high ticket demand.
The Sphere Experience generated over $1 million in average daily ticket sales.
Exosphere advertising revenue set a record during Super Bowl week.