Browsing: Billion

France and Saudi Arabia have announced plans for a vast new €6 billion entertainment destination near Paris, in a landmark investment that could reshape the European theme park landscape and create one of the continent’s most ambitious new tourism developments.

MSG Entertainment reported strong FY26 results with revenue up 13% to $1.1 billion and adjusted operating income rising 18% to $262.2 million. The performance was driven by high attendance at nearly 960 events, including the Knicks’ championship season and record-breaking Christmas Spectacular shows. The company also announced progress on the Penn Station redevelopment, agreeing to…