Concert BookingsFor the remainder of FY25, Garden concert bookings will be down in F3Q and F4Q, while bookings at theaters are pacing down in F3Q.
Expense And GuidanceMSGE lowered FY25 guidance, citing slower concert bookings and incremental expense associated with bringing sponsorship sales back in-house.
Industry HeadwindsThe company's outlook for concert bookings growth has been revised lower, reflecting industry softness but also more idiosyncratic headwinds from Billy Joel and select cancellations.