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Archive for December 15th, 2007

TV Times - ISC Writes Off $50 Million From Licensed-Products In ‘07

by Lou Modestino ~ December 15th, 2007 @ 4:38 pm
TV Times, by Lou Modestino   The Motorsports Authentics licensed-products business will lose between $45 million and $50 million in 2007, International Speedway Corp. reported during a conference call Wednesday with financial analysts to discuss 2008 projections.

ISC, which will record a write-off of $25 million to $50 million in 2007 from Motorsports Authentics, projects that the business will break even in 2008.

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