NEW YORK and PALM BEACH, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our" or "we"), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today submitted a notice of its intention to nominate two independent director candidates for election to the Disney Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). Disney is one of the most iconic companies in the world with unrivaled scale, unparalleled customer loyalty, irreplaceable intellectual property ("IP"), and an enviable commercial flywheel. However,
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Morgan Stanley reiterated coverage of MSG Networks with a rating of Underweight and set a new price target of $12.00 from $11.00 previously
Macquarie upgraded MSG Networks from Neutral to Outperform and set a new price target of $20.00
NEW YORK and PALM BEACH, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (together with its affiliates, "Trian", "our" or "we"), which beneficially owns $3 billion of common stock in The Walt Disney Company (NYSE:DIS) ("Disney" or the "Company"), today submitted a notice of its intention to nominate two independent director candidates for election to the Disney Board of Directors (the "Board") at the Company's 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). Disney is one of the most iconic companies in the world with unrivaled scale, unparalleled customer loyalty, irreplaceable intellectual property ("IP"), and an enviable commercial flywheel. However,
Fiscal 2021 Third Quarter Revenues of $177.9 million Fiscal 2021 Third Quarter Operating Income of $69.9 million Fiscal 2021 Third Quarter Adjusted Operating Income of $75.0 million Acquisition by MSG Entertainment Would Create Diversified Entertainment and Media Company MSG Networks Inc. (NYSE:MSGN) today reported financial results for the fiscal third quarter ended March 31, 2021. Results for both the fiscal 2021 third quarter and the prior year period reflect the impact of the COVID-19 pandemic. In March 2020, the NHL and NBA suspended their 2019-20 seasons before resuming play several months later and completing the shortened seasons in the fall of 2020. This impacted the start and le
Madison Square Garden Entertainment Corp. ("MSG Entertainment") (NYSE:MSGE) today announced it plans to issue a press release on Friday, May 7, 2021 before the market opens, reporting financial results for its fiscal third quarter ended March 31, 2021. MSG Networks Inc. ("MSG Networks") (NYSE:MSGN) previously announced it will issue a press release on Friday, May 7, 2021 before the market opens, reporting financial results for its fiscal third quarter ended March 31, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210506006297/en/ In addition, MSG Entertainment plans to file a registration statement on Form S-4 that contains
MSG Networks Inc. ("MSG Networks") (NYSE:MSGN) will issue a press release on Friday, May 7, 2021 before the market opens, reporting financial results for its fiscal third quarter ended March 31, 2021. Due to the proposed acquisition of MSG Networks by Madison Square Garden Entertainment Corp., MSG Networks will not hold an earnings conference call. About MSG Networks Inc. MSG Networks Inc., a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks and a companion streaming service that serve the nation's number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks fea
NEW YORK--(BUSINESS WIRE)--MSG Networks Inc. (NYSE: MSGN) today announced that it will launch a new, free-to-play app – MSG Networks Pick ‘Em – developed in partnership with Boom Sports, a leader in online sports-gaming technology. The new prediction gaming app, expected to be available on iOS and Android starting in March, will offer sports fans the chance to win cash prizes during Knicks, Rangers, Islanders, Devils, and Sabres games. “MSG Networks is thrilled to partner with Boom Sports on our new free-to-play app. We’ve been offering trivia and pick’em games on our MSG GO streaming app since 2018 and have seen firsthand how interactive games can help increase viewer engagement
NEW YORK--(BUSINESS WIRE)--MSG Networks Inc. (NYSE: MSGN) today reported financial results for the fiscal second quarter ended December 31, 2020. Due to the COVID-19 pandemic, in March 2020, the 2019-20 NHL and NBA seasons were suspended. The leagues resumed play several months later, with the New York Rangers and Islanders participating in the NHL's return to play. The NHL and NBA subsequently completed their seasons in September and October 2020, respectively, which impacted each league’s 2020-21 regular season. The NBA started its regular season on December 22, 2020 with a reduced schedule of 72 games, while the NHL regular season began on January 13, 2021 and has been reduced t
NEW YORK--(BUSINESS WIRE)--MSG Networks Inc. (NYSE: MSGN) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2020 on Thursday, February 4, 2021 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 877-883-0832 with the conference ID number 7719946 approximately 10 minutes prior to the call. The call will also be available via webcast at investor.msgnetworks.com under the heading “Events.” For those who are unable to participate on the conference call, you may access a recording of the call by dialing 855-859-2056 (conference ID num
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