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Madison Square Garden Sports (MSGS) - 2026 Q2 - Earnings Call Transcript
2026-02-05 16:00
Madison Square Garden Sports (NYSE:MSGS) Q2 2026 Earnings call February 05, 2026 10:00 AM ET Speaker4Good morning! Thank you for standing by, and welcome to the Madison Square Garden Sports Corp. Fiscal 2026 second quarter earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's remarks, there will be a question-and-answer session. I would now like to turn the call over to Ari Danes, Investor Relations. Please go ahead.Speaker0Thank you. Good morning, and welco ...
WTA CEO Portia Archer Backs Merger With ATP As 'Logical Next Step'
CNBC Television· 2025-11-07 16:03
WTA Tour Structure & Strategy - WTA Tour emphasizes parity and depth of excellence, with multiple champions throughout the season, contrasting with the men's tour [4][5] - WTA aims to facilitate rivalries by providing opportunities for top players to compete in top events weekly, offering high prize money and ranking points [6][7] - WTA believes women's sports, particularly tennis, have been undervalued and seeks partners willing to invest in its value and fan demand [9] - WTA aims for equal prize money at top-level events by reinvesting revenue and monetization back into tournaments [17] Media Rights & Revenue - WTA renewed its media rights deal with Tennis Channel, prioritizing investment, marketing resources, storytelling, and content alignment over broader reach [8][9][10] - WTA views Tennis Channel as part of a global strategy, including linear, digital, and OTT deals worldwide, aiming to reset and increase rights fees [11][12] - WTA acknowledges it is still undervalued and has a long way to go to reach exact equality with men in terms of revenue [14][15] - WTA is focused on acquiring and earning fees in media rights, sponsorship, and data [16] Player Support & Development - WTA has a maternity fund providing 12 months of pay for eligible athletes, with equal pay regardless of ranking, and two months of parental leave for non-childbearing parents [18][19][20][21] - WTA acknowledges the challenges of making a living as a professional tennis player but believes it has created an environment for players to compete and progress [29][30][31][32] Partnerships & Social Impact - WTA partnered with Saudi Arabia's Public Investment Fund (PIF), viewing sport as a vehicle for progress and change, with players aiming to make an impact beyond tennis [18][22][23] - WTA's presence in Saudi Arabia includes community development, tennis training for PE teachers, coach development, and school clinics, reaching approximately 40,000 people [24][25][26] Potential Merger & Integrity - WTA is pursuing a merger of commercial assets with the ATP, believing combined sponsorship, media, and data rights sales would benefit the sport [36][37][41] - WTA is optimistic about the potential merger with ATP, aiming to sell tennis as a whole rather than forcing buyers to choose between men's and women's tours [41][42] - WTA has an integrity regime, including the International Tennis Integrity Association (ITIA), to monitor, investigate, and enforce rules related to the integrity of the sport [44][45][46] - WTA is addressing social media abuse targeted at players, investing in platforms to monitor and take down abusive content [46][47]
Amazon Prime to spend $1.8 billion on 67 regular season NBA games
CNBC Television· 2025-10-21 20:10
more. All right, if that doesn't get you fired up, I don't know what the problem is. The NBA is back and for the first time in more than 20 years, it is back on NBC.A new season tipping off tonight on the network in Peacock. Couple of great games, by the way. CNBC sports reporter Alex Sherman is here with more on how the league's playbook is changing.I mean, the players are different. Obviously, I'm ready for Michael Magic and Larry to run out after hearing that music. >> Yeah, right.The the one thing that ...
Everyone knows about media rights and team sales. Here are the undervalued areas of sports
CNBC Television· 2025-07-23 20:10
Welcome back. The recent sale of the LA Lakers for a record $10 billion valuation only underscores the still strong demand for sports assets. My next guest just launched their own fund to invest in what they see as undervalued areas of sports.Rashan Williams is Harbinger Sports Partners founder and CIO. Steve Cannon is Harbinger Sports co-founder and CEO. Steve also the former vice chairman and CEO of AM Sports and Entertainment.It's great to have you guys. Rashan, it's funny. Um, when you guys say you're l ...