3 ms·
Two unrelated things.. - Ranji (CFO) suddenly quit after a bout of yelling and screaming from CEO James Dolan. - Revenue for the quarter included $4.1 million
by achow 3y ago
Two unrelated things..
- Ranji (CFO) suddenly quit after a bout of yelling and screaming from CEO James Dolan.
- Revenue for the quarter included $4.1 million in event revenue — those two sold out U2 shows, $2.6 million from suite licensing and advertising on the Sphere exosphere.
However, it shows that 1 show fetches $2M. 30 shows in 90 days (3 shows in a week) would fetch $60M.Eliminating $98M/Q loss may not be that hard.