Welcome to our dedicated page for Hall Of Fame Resort & Entmt Co news (Ticker: HOFVW), a resource for investors and traders seeking the latest updates and insights on Hall Of Fame Resort & Entmt Co stock.
Hall Of Fame Resort & Entertainment Co (HOFVW) operates at the intersection of sports heritage and destination entertainment through its Pro Football Hall of Fame partnership. This dedicated news hub provides investors and enthusiasts with essential updates about this unique sports-focused resort operator.
Track official announcements including quarterly financial results, venue expansions, and strategic partnerships. Our curated feed covers operational developments across its integrated resort, media productions, and experiential offerings like the Hall of Fantasy League platform.
Bookmark this page for real-time access to press releases about event programming, hospitality initiatives, and leadership updates. Return regularly to stay informed about how HOFVW leverages football's cultural legacy through innovative entertainment concepts.
Hall of Fame Village, a division of Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW), announced the KIDZ BOP Never Stop Live Tour will take place on July 25, 2023, at Tom Benson Hall of Fame Stadium in Canton, Ohio. Tickets go on sale on April 21, 2023, at 10 am ET through hofvillage.com. This family-friendly concert will feature four new KIDZ BOP Kids performing popular songs, including tracks from the KIDZ BOP 2023 album. VIP packages are available, providing exclusive experiences. The event aligns with Hall of Fame Village's commitment to diverse entertainment offerings. KIDZ BOP, known for its kid-friendly music, has sold over 23 million albums globally.
Hall of Fame Village Media, a division of Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW), announced a new partnership with Brinx.TV to produce a show titled "John Brenkus Presents: The GOAT Code," set to debut in August 2023. Hosted by six-time Emmy winner John Brenkus, the series aims to explore the scientific factors behind the performance of legendary football players. Brenkus expressed excitement about analyzing the intangible qualities that contribute to athletes' greatness. Olivia Steier, EVP of Hall of Fame Village Media, highlighted the show's unique ability to illustrate Hall of Famers' legacies in ways never seen before. The collaboration is part of Hall of Fame Village Media's broader objective to create impactful content.
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) reported its fourth quarter and fiscal year results for the period ending December 31, 2022. Fourth quarter revenue rose 2% to $3.1 million, while annual revenue surged 48% to $16.0 million, driven by event and hotel revenues. However, the company faced a net loss of $18.5 million in Q4, a significant drop from a net income of $9.3 million in the previous year, largely due to changes in warrant liability valuation. The full-year net loss was $46.9 million, an improvement from $92.8 million in 2021. Notably, the company ended the year with a cash balance of $50.5 million, up from $32.6 million.
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