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>> Welcome back to the Halftime Report. And a very big welcome to our friends at the Golf Channel, as well as we make a major announcement today, NBC universal versus and the United States Golf Association are extending their media rights agreement through 2032, a deal thought to be valued around $95 million annually. Mike Hogan is CEO of the USGA.He joins us now live. Welcome. This is a very big day.>> Hey Scott. This is a good day. I know you're a I know you're a golfer and a golf fan.And so it's exciting ...

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Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported total revenues exceeding $1 billion and adjusted operating income of $38 million, driven by strong demand for the Knicks and Rangers [5][15] - The fourth quarter revenues were $204 million, a decrease from $227.3 million in the prior year, primarily due to fewer home games [15][16] - Adjusted operating income for the fourth quarter decreased to an operating loss of $16.8 million, down from a profit of $56.5 million in the prior year [16][17] Business Line Data and Key Metrics Changes - Ticketing revenue increased due to higher average ticket yield and attendance, with a combined average season ticket renewal rate of approximately 90% [7][15] - Event-related revenues, including ticket, food, beverage, and merchandise, decreased by 8% year-over-year to $140.3 million [15][16] - Merchandise revenues did not reach last year's levels, impacted by the absence of new product launches compared to the previous year [8][15] Market Data and Key Metrics Changes - The Knicks' playoff run generated the highest per game gate revenues in team history, contributing to increased fan engagement and merchandise sales during the playoffs [6][9][45] - The company anticipates an increase in overall media rights revenue in fiscal 2026, despite a $24 million decrease in local media rights fees due to amended agreements [39][40] Company Strategy and Development Direction - The company is focused on leveraging its marquee assets and strong business fundamentals to drive long-term shareholder value [5][14] - Plans for fiscal 2026 include continued investment in teams and optimizing pricing strategies for ticket sales and hospitality offerings [7][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for their teams and the potential for revenue growth across all in-arena categories in fiscal 2026 [17][18] - The company is monitoring changes in the media rights landscape and believes local media coverage remains valuable for fan engagement [31][32] Other Important Information - The company ended the fiscal year with approximately $145 million in cash and $291 million in debt, indicating a strong liquidity position [17][23] - New marketing partnerships were established, including deals with Abu Dhabi's Department of Culture and Tourism and Lenovo, alongside renewals with existing partners [12][51] Q&A Session Summary Question: Impact of MSG Networks media rights rework on capital returns - Management indicated a strong liquidity position and potential for future capital return programs, but no immediate plans were disclosed [22][25] Question: Potential for minority stake sales in Knicks or Rangers - Management acknowledged the value of their teams but stated there are no current plans for minority stake sales [26][27] Question: Participation in NBA's national RSN possibilities - Management is monitoring changes in media rights but did not commit to any specific actions regarding future participation [30][31] Question: Financial impact of Knicks playoff games - Playoff runs significantly increase demand for tickets and merchandise, with the Knicks' playoff performance leading to record revenues [42][45] Question: Outlook on operating expenses and team compensation - Higher team operating expenses are expected due to increased personnel compensation and luxury tax, with the NBA salary cap also rising [49][50] Question: Sponsorship growth outlook - Management is optimistic about marketing partnerships and expects continued growth in fiscal 2026 following a successful prior year [51][52]

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Core Insights - SEGG Media Corporation's brands, Lottery.com and Sports.com, gained significant visibility during the NTT INDYCAR and INDY NXT events, showcasing strong performances from SEGG Media-backed drivers [3][11]. Performance Highlights - Callum Ilott achieved a remarkable performance, finishing P6 after starting from P24, marking his career-best result and PREMA's fourth consecutive top-10 finish [4][5]. - Louis Foster, despite facing early setbacks, finished P13 and maintained his lead in the 2025 INDYCAR Series Rookie of the Year standings [7][8]. - Seb Murray, in his Portland debut, finished P16 after being involved in an early incident, gaining valuable experience ahead of the final races [9][10]. Branding and Visibility - Ilott's helmet prominently featured the Lottery.com logo, enhancing brand visibility during the race [6]. - Foster's car displayed Sports.com branding on key areas, contributing to high-visibility moments throughout the event [8][13]. - Murray's vehicle showcased both Lottery.com and Sports.com branding, ensuring comprehensive representation for SEGG Media in the Indy NXT paddock [10][13]. Company Overview - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and ethical gaming [11].

Skydance’s Paramount has landed the rights to show UFC fights in a seven-year, $7.7 billion deal with TKO Group https://t.co/sNKTHiw2AG ...

Wow. Just incredible. Like dream dream came true. Like the dream actually came true today.And I'm still living in it. And um I'm just so grateful uh to my my family um to Major League Baseball for just creating such a amazing work environment. And so yeah, I always wanted to umpire like I knew I knew I had the bug.I had it in my DNA. And then uh making it a career when that when I realized, wow, maybe I could be a major leager. Uh then then I I just went for it.You know, it was pretty amazing when we when w ...

best team in the league btwDov Kleiman (@NFL_DovKleiman):The most NFL playoff wins since 2000:Very surprising...😳😬 https://t.co/P9wS3NEc3f ...