Madison Square Garden Entertainment Revenues Rise 24% as Company Updates Spin-Off Plans
Revenues increased to $642.2 million ahead of the company’s spin-off of its live entertainment business, which it expects to complete by the end of March.
Revenues increased to $642.2 million ahead of the company’s spin-off of its live entertainment business, which it expects to complete by the end of March.
On an earnings call, Kyncl addressed the future of both Warner and the business at large, commenting on AI, subscription streaming and TikTok.
The company, whose catalog already includes songwriter J.R. Rotem and Shaggy, also recently appointed new CEO Paul Brown.
WMG’s net income was off 34% compared to the year-ago quarter, which had an extra week.
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The world’s biggest crypto exchange, Binance, is set to halt transfers to and from U.S. bank accounts beginning Wednesday, February 8. The company tweeted out confirmation of the USD bank transaction suspension on Monday, following early reports from m…
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