MSG Spinco Q4 2024 Earnings Report
Key Takeaways
Sphere Entertainment Co. reported a revenue increase of $144.3 million compared to the prior year quarter, with revenues totaling $273.4 million. The company's operating loss increased slightly, while adjusted operating income improved significantly.
Dead & Co. completed a 30-show residency, and the Eagles residency is scheduled for 20 shows.
Afterlife presents Anyma ‘The End Of Genesys’ will be the first electronic dance music performances at the venue.
The Sphere Experience featuring Postcard from Earth generated over one million dollars in average daily ticket sales.
Sphere hosted its first corporate keynote event with Hewlett Packard Enterprise and the NHL Draft.
MSG Spinco
MSG Spinco
Forward Guidance
MSG Networks has decided to pursue a refinancing through a work-out with its existing syndicate of lenders and has hired advisors to assist it with the process.