Madison Square Garden
James Dolan Inks Contract Extensions With His MSG Companies and Sphere Entertainment
James Dolan isn’t going anywhere. The sports and music mogul has signed three-year contract extensions with the companies he and his family control: MSG Sports, MSG Entertainment, and Sphere Entertainment. All three companies disclosed the new deals over the past few weeks, with Sphere filing the extension just before the July 4 holiday. MSG Sports […]
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Billy Joel’s Madison Square Garden Residency to End After 10 Years
Billy Joel has revealed that his Madison Square Garden residency is coming to a close next year after 10 years. “I’m kind of flabbergasted that it lasted as long as it did. My team tells me that we could continue to sell tickets, but ten years, 150 shows — all right already!” the Grammy-winning singer […]
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Busta Rhymes Gives Janet Jackson Her Flowers at NYC Concert: “I Waited 25 Years to Share This Stage With You”
Janet Jackson’s current tour has featured guest attendees like Angela Bassett, Venus Williams, Missy Elliott and Busta Rhymes, who reunited with the icon at Madison Square Garden to perform their 1999 hit “What’s It Gonna Be?!” The performers danced together onstage Tuesday night in New York City as the audience cheered loudly. Rhymes then gave […]
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Madison Square Garden Board Approves Spinoff Plans
Madison Square Garden Entertainment Corp. has given final board approval to a spinoff of its traditional live entertainment business, with the transaction expected to be completed April 20. Once the tax-free separation from the company’s other businesses, which include the MSG Sphere in Las Vegas and the MSG regional sports networks, is finalized, the parent company will […]
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Madison Square Garden Entertainment’s Board Reaches $85M Deal to Settle Shareholder Suit
Madison Square Garden Entertainment’s board has agreed to settle for $85 million a shareholder suit accusing it of failing to protect stockholders’ interests when it merged with MSG Networks. The deal will be covered by the board’s insurers, according to a securities form filed on Wednesday. There was no admission of wrongdoing. The suit filed […]
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Madison Square Garden Moves Forward With Spinoff Plans and New Streaming Offering
Madison Square Garden Entertainment is moving forward with a spinoff of its traditional live entertainment businesses and plans to launch a new direct-to-consumer streaming offering. The spinoff, which would include its namesake arena, Radio City Music Hall and the Beacon Theatre and the Chicago Theatre, is expected to be completed by the end of March […]
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Madison Square Garden Exploring Sale of Tao Group, to Lift Policy Banning Attorneys Related to Tao
Madison Square Garden Entertainment is exploring a sale of its stake in Tao Group Hospitality. MSG Entertainment acquired its stake in the restaurant group in 2017 and is says it “believes that now is the appropriate time to explore a potential sale of its interest in Tao Group Hospitality.” The company paid paid $181 million […]
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Madison Square Garden’s Use of Face Recognition Tech Under Investigation by N.Y. Attorney General
New York Attorney General Letitia James is investigating Madison Square Garden Entertainment Corp. and its reported practice of using facial recognition software to bar lawyers involved in litigation against the company from attending events. In a letter sent Tuesday to Madison Square Garden Entertainment, which owns Madison Square Garden and Radio City Music Hall, the […]
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Madison Square Garden Entertainment Promotes Josephine Vaccarello to EVP of Live
Josephine Vaccarello, a 25-year veteran of Madison Square Garden Entertainment Corp., has been promoted to the role of executive vice president, live. In the new role, Vaccarello will lead MSG’s live entertainment bookings business at all the company’s venues, which include New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music […]
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Madison Square Garden Entertainment Revises Spinoff Plan
James Dolan has had a busy week, and it’s only Tuesday. A day after taking over day-to-day control of AMC Networks, as the cable company seeks a permanent CEO, Dolan on Tuesday revealed a revised spinoff plan for his Madison Square Garden Entertainment business. MSG Entertainment announced in August plans to spin off its namesake […]
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Nick Cannon Hospitalized With Pneumonia After Sold-Out Show at Madison Square Garden: “Life Is Definitely a Rollercoaster”
Nick Cannon was hospitalized with pneumonia after performing at a sold-out show at Madison Square Garden on Thursday night. “So, I guess I’m not Superman… I promised myself I would never be back at this place again… But this is a great lesson to take care of YOU or YOU won’t be able to take […]
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MSG Entertainment Explores Spinoff of Assets, Including Madison Square Garden and Radio City Music Hall
MSG Entertainment is exploring a spinoff two of its most iconic properties — New York’s Madison Square Garden and Radio City Music Hall, as well as its regional sports channels — in a bid to provide cash and new options for its MSG Sphere project, which is set to open next year in Las Vegas. […]
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