Wednesday, February 8, 2012

National basketball association stoppage hits Monosodium glutamate profit

Hit through the National basketball association work stoppage that postponed the basketball season until late around, Monosodium glutamate Systems saw internet profit fall to $26 million from $33 million because of its fiscal second quarter. Revenue dipped to $373 million from $432 million. Monosodium glutamate Systems, which airs the games, and music funnel Fuse, saw revenue ease 1.2% to $142 million. Affiliate fee revenue rose $4 million on greater rates offset through the impact of the contractual adjustment and also the formerly revealed expiration of the affiliation agreement. Monosodium glutamate is within a carriage fight as time passes Warner Cable and drawn the systems in the operator's systems on December 31 following the two sides unsuccessful to agree with new rates after their contract had expired. Networks' advertising revenue decreased $5.7 million on less National basketball association games telecast around the Monosodium glutamate Nets because of the strike, although lower investing also assisted boost operating earnings about 14%. Monosodium glutamate sports franchises NY Knicks (National basketball association), the NY Rangers (NHL), the NY Liberty (WNBA) and also the Connecticut Whale (AHL), saw revenue drop 31% to $87 million because the baseketball strike hit ticket sales, broadcast privileges costs, league distributions, food, beverage and merchandise sales, and sponsorship and signs revenue. Monosodium glutamate Entertainment, which is the owner of storied venues Madison Square Garden, Radio City Music Hall and also the Beacon Theater, saw revenue fall 15% to $151 million. Contact the range newsroom at

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