Playoff Showings From Knicks, Rangers Will Raise Ticket Prices -- Market Talk

Dow Jones08-14

1405 ET - Post-season runs by the New York Knicks and New York Rangers buoyed Madison Square Garden Sports' bottom line in its fiscal F4Q, and the lift is expected to carry over into the current fiscal year. Approximately 94% of the teams' combined season ticket holders renewed their packages, COO Jamaal Lesane says on a call with analysts. The franchise owner won't increase season ticket prices for renewing package holders but will "opportunistically price new season ticket packages, as well as individual and group tickets," he says. "Putting it all together, we believe we have the opportunity to drive modest ticket revenue growth in fiscal 2025." (connor.hart@wsj.com; @connorhart22)

(END) Dow Jones Newswires

August 13, 2024 14:05 ET (18:05 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2459138358?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-14 02:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2459138358","market":"hk","top_or_hot":-1,"title":"Playoff Showings From Knicks, Rangers Will Raise Ticket Prices -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1405 ET - Post-season runs by the New York Knicks and New York Rangers buoyed Madison Square Garden Sports' bottom line in its fiscal F4Q, and the lift is expected to carry over into the current fiscal year. Approximately 94% of the teams' combined season ticket holders renewed their packages, COO Jamaal Lesane says on a call with analysts. The franchise owner won't increase season ticket prices for renewing package holders but will \"opportunistically price new season ticket packages, as well as individual and group tickets,\" he says. \"Putting it all together, we believe we have the opportunity to drive modest ticket revenue growth in fiscal 2025.\" (connor.hart@wsj.com; @connorhart22) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 13, 2024 14:05 ET (18:05 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Playoff Showings From Knicks, Rangers Will Raise Ticket Prices -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPlayoff Showings From Knicks, Rangers Will Raise Ticket Prices -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-14 02:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1405 ET - Post-season runs by the New York Knicks and New York Rangers buoyed Madison Square Garden Sports' bottom line in its fiscal F4Q, and the lift is expected to carry over into the current ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BZ9MQY76.HKD","symbol_name":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2459138358","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2459138358","pubTimestamp":1723572300,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1405 ET - Post-season runs by the New York Knicks and New York Rangers buoyed Madison Square Garden Sports' bottom line in its fiscal F4Q, and the lift is expected to carry over into the current fiscal year. Approximately 94% of the teams' combined season ticket holders renewed their packages, COO Jamaal Lesane says on a call with analysts. The franchise owner won't increase season ticket prices for renewing package holders but will \"opportunistically price new season ticket packages, as well as individual and group tickets,\" he says. \"Putting it all together, we believe we have the opportunity to drive modest ticket revenue growth in fiscal 2025.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","BK4108":"电影和娱乐","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","MSGS":"麦迪逊运动"},"translate_title":"尼克斯队和流浪者队的季后赛将提高票价——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSGS":0.9},"content_text":"1405 ET - Post-season runs by the New York Knicks and New York Rangers buoyed Madison Square Garden Sports' bottom line in its fiscal F4Q, and the lift is expected to carry over into the current fiscal year. Approximately 94% of the teams' combined season ticket holders renewed their packages, COO Jamaal Lesane says on a call with analysts. The franchise owner won't increase season ticket prices for renewing package holders but will \"opportunistically price new season ticket packages, as well as individual and group tickets,\" he says. \"Putting it all together, we believe we have the opportunity to drive modest ticket revenue growth in fiscal 2025.\" (connor.hart@wsj.com; @connorhart22) \n\n\n  (END) Dow Jones Newswires\n\n\n  August 13, 2024 14:05 ET (18:05 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.27.0","shortVersion":"4.27.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2459138358"}