Fiscal Q3 sales at The Madison Square Garden Company’s media...
Fiscal Q3 sales at The Madison Square Garden Company’s media unit increased 13 percent from a year earlier to $166.2 million, it said. Operating income at the business unit increased 4 percent to $58.5 million. Affiliate revenue from pay-TV distributors…
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was $10.4 million higher than a year earlier despite a month-plus standoff with one of its key affiliates. MSG didn’t name that affiliate in its earnings report, but it was Time Warner Cable (CD Jan 27 p3).