Mario Gabelli Comments on MSG Networks

Guru stock highlight

Author's Avatar
Mar 03, 2020

MSG Networks Inc. (MSGN, Financial) (0.8%) owns and operates two regional sports and entertainment networks broadcasting exclusive live local games from New York and New Jersey based professional sports teams, among other sporting events. The company’s September 30 quarterly results showed a decrease in revenue, operating income, and net income.

From Mario Gabelli (Trades, Portfolio)'s Gabelli Value 25 Fund 2019 annual shareholder letter.