Posted by Market Wrap Daily | Posted in: Stock News
Shares of MSG (NASDAQ: MSG) reach new highs over Linsanity
The MSG Network (NASDAQ: MSG) said Wednesday that ratings for telecasts of Lin’s first five games as a starter were 87 percent higher than the previous 20 telecasts — despite the fact that nearly 2 million Time Warner (NASDAQ: TWC) cable subscribers in New York have been blacked out in a rate dispute.
Wednesday’s game against the Sacramento Kings was sold out, and tickets to Friday’s home game against New Orleans, another team with a losing record, are selling on stubhub for nearly twice face value.
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