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An exterior view of Madison Square Garden before Game Three of the 2014 Stanley Cup Final between the Los Angeles Kings and the New York Rangers on June 9, 2014 in New York City.
The Madison Square Garden Company has released its second quarter financial earnings for 2020 that reflects little change in the company’s year-over-year earnings, despite significant investments in its new Sphere venues.
The company reported $628.8 million in revenue during the second fiscal quarter of 2020, a 1% decrease from the same period last year. The New York-based company also saw a 3% increase in operating income to $80.8 million for the fiscal quarter completed on Dec. 31. According to MSG, the relatively flat numbers are a