Madison Square Garden Company

MSG Networks Inc. Reports Fourth Quarter and Fiscal 2020 Results

Retrieved on: 
Thursday, August 13, 2020

Fiscal 2020 fourth quarter total revenues of $152.1 million decreased 10%, or $16.2 million, as compared with the prior year period.

Key Points: 
  • Fiscal 2020 fourth quarter total revenues of $152.1 million decreased 10%, or $16.2 million, as compared with the prior year period.
  • Direct operating expenses of $46.4 million decreased 34%, or $23.7 million, as compared with the prior year quarter.
  • Selling, general and administrative expenses of $20.7 million decreased 22%, or $5.7 million, as compared with the prior year quarter.
  • This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports.

Madison Square Garden Entertainment Corp. to Host Fiscal 2020 Fourth Quarter and Year-End Conference Call

Retrieved on: 
Tuesday, August 11, 2020

Madison Square Garden Entertainment Corp. (NYSE:MSGE) will host a conference call to discuss results for its fourth quarter and fiscal year ended June 30, 2020 on Friday, August 14, 2020 at 9:00 a.m. Eastern Time.

Key Points: 
  • Madison Square Garden Entertainment Corp. (NYSE:MSGE) will host a conference call to discuss results for its fourth quarter and fiscal year ended June 30, 2020 on Friday, August 14, 2020 at 9:00 a.m. Eastern Time.
  • To participate via telephone, please dial 888-421-7163 with the conference ID number 1447748 approximately 10 minutes prior to the call.
  • About Madison Square Garden Entertainment Corp.
    Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment experiences.
  • The Company presents or hosts a broad array of events in its diverse collection of venues: New Yorks Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; and The Chicago Theatre.

DGAP-News: Grammer MSG 90.6 truck seat enjoying success in China

Retrieved on: 
Tuesday, August 11, 2020

Ursensollen, August 11th, 2020 - Grammer truck driver seats are in strong demand in China, with a number of new series production starts of MSG 90.6 series scheduled at several well-known Chinese OEM customers in 2020.

Key Points: 
  • Ursensollen, August 11th, 2020 - Grammer truck driver seats are in strong demand in China, with a number of new series production starts of MSG 90.6 series scheduled at several well-known Chinese OEM customers in 2020.
  • In China, this is becoming increasingly important, offering Grammer further growth opportunities in the world's largest commercial vehicle market.
  • Manufactured locally at Grammer facilities in China, the MSG 90.6 series seats have been designed to meet market-specific customer requirements.
  • This is why Grammer also offers the MSG 90.6 with active seat climate control.

MSG Networks Inc. to Host Fiscal 2020 Fourth Quarter and Year-End Conference Call

Retrieved on: 
Friday, August 7, 2020

NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) -- MSG Networks Inc. (NYSE: MSGN) will host a conference call to discuss results for its fourth quarter and fiscal year ended June 30, 2020 on Thursday, August 13, 2020 at 10:00a.m.

Key Points: 
  • NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) -- MSG Networks Inc. (NYSE: MSGN) will host a conference call to discuss results for its fourth quarter and fiscal year ended June 30, 2020 on Thursday, August 13, 2020 at 10:00a.m.
  • To participate via telephone, please dial 877-883-0832 with the conference ID number 3798172 approximately 10 minutes prior to the call.
  • The call replay will be available from 1:00 p.m. Eastern Time, Thursday, August 13, 2020 until 11:59 p.m. Eastern Time on Thursday, August 20, 2020.
  • This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports.

MSG Entertainment Names Scott Packman Executive Vice President and General Counsel

Retrieved on: 
Monday, June 29, 2020

Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) today announced that Scott Packman a seasoned executive with more than 25 years of legal experience has been named Executive Vice President and General Counsel, effective July 1.

Key Points: 
  • Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) today announced that Scott Packman a seasoned executive with more than 25 years of legal experience has been named Executive Vice President and General Counsel, effective July 1.
  • View the full release here: https://www.businesswire.com/news/home/20200629005553/en/
    MSG Entertainment Executive Vice President and General Counsel Scott Packman (Photo: MSG Entertainment)
    Mr. Packman will work closely with the MSG Entertainment executive management team to support the long-term direction and overall management of the Company.
  • He recently served as Senior Executive Vice President, General Counsel, Chief Strategy Officer, and Head of Business Affairs for Sonar Entertainment, an independent TV studio and distributor.
  • About Madison Square Garden Entertainment Corp.
    Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment experiences.

Ted King Joins MSG Entertainment as President, Creative Content and Studio Productions for MSG Sphere

Retrieved on: 
Thursday, June 18, 2020

Madison Square Garden Entertainment Corp. (MSG Entertainment) (NYSE: MSGE) today announced that 35-year entertainment industry veteran, Ted King, will join the Company as President, Creative Content and Studio Productions, effective June 22.

Key Points: 
  • Madison Square Garden Entertainment Corp. (MSG Entertainment) (NYSE: MSGE) today announced that 35-year entertainment industry veteran, Ted King, will join the Company as President, Creative Content and Studio Productions, effective June 22.
  • View the full release here: https://www.businesswire.com/news/home/20200618005910/en/
    Ted King Joins MSG Entertainment (Photo: Business Wire)
    Specifically, Mr. King is responsible for overseeing the creation of a full slate of content for MSG Sphere, as well as other commercial clients.
  • MSG Entertainment is also opening a new, 48,500 square-foot space in the legendary Burbank Studios that will be used by MSG Sphere Studios, MSG Ventures and other MSG Entertainment employees.
  • About Madison Square Garden Entertainment Corp.
    Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment experiences.

CAPSS LLC Completes Purchase of The Forum in Inglewood

Retrieved on: 
Monday, May 4, 2020

CAPSS LLC today completed the purchase of The Forum in Inglewood from Madison Square Garden Entertainment Corp. (NYSE: MSGE).

Key Points: 
  • CAPSS LLC today completed the purchase of The Forum in Inglewood from Madison Square Garden Entertainment Corp. (NYSE: MSGE).
  • Newly-created Forum Entertainment LLC will operate The Forum as a premier, live event venue with the existing leadership team of Geni Lincoln and Mike Fallon remaining in place, reporting to Gillian Zucker, Clippers President of Business Operations.
  • It is expected that all of the venues California-based staff will remain as employees of Forum Entertainment LLC, and assist in making the transition seamless for artists, partners and fans.
  • Forum Entertainment LLC will continue to offer world-class entertainment and service to event-goers at the famed arena.

MSG Networks Inc. Reports Fiscal 2020 Third Quarter Results

Retrieved on: 
Friday, May 1, 2020

Fiscal 2020 third quarter total revenues of $185.0 million decreased 5%, or $10.1 million, as compared with the prior year period.

Key Points: 
  • Fiscal 2020 third quarter total revenues of $185.0 million decreased 5%, or $10.1 million, as compared with the prior year period.
  • Direct operating expenses of $83.8 million increased 2%, or $1.7 million, as compared with the prior year period.
  • This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports.
  • This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

MSG Networks Inc. to Host Fiscal 2020 Third Quarter Conference Call

Retrieved on: 
Tuesday, April 28, 2020

NEW YORK, April 28, 2020 (GLOBE NEWSWIRE) -- MSG Networks Inc. (NYSE: MSGN) will host a conference call to discuss results for its third quarter ended March 31, 2020 on Friday, May 1, 2020 at 10:00a.m.

Key Points: 
  • NEW YORK, April 28, 2020 (GLOBE NEWSWIRE) -- MSG Networks Inc. (NYSE: MSGN) will host a conference call to discuss results for its third quarter ended March 31, 2020 on Friday, May 1, 2020 at 10:00a.m.
  • To participate via telephone, please dial 877-883-0832 with the conference ID number 5577875 approximately 10 minutes prior to the call.
  • The call replay will be available from 1:00 p.m. Eastern Time, Friday, May 1, 2020 until 11:59 p.m. Eastern Time on Friday, May 8, 2020.
  • This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports.

Madison Square Garden Sports Corp. Completes Spin-Off of Entertainment Businesses

Retrieved on: 
Monday, April 20, 2020

NEW YORK, April 20, 2020 (GLOBE NEWSWIRE) -- Madison Square Garden Sports Corp. (NYSE: MSGS) (MSG Sports) announced that it has completed the spin-off of its entertainment businesses and changed its name from The Madison Square Garden Company (MSG).

Key Points: 
  • NEW YORK, April 20, 2020 (GLOBE NEWSWIRE) -- Madison Square Garden Sports Corp. (NYSE: MSGS) (MSG Sports) announced that it has completed the spin-off of its entertainment businesses and changed its name from The Madison Square Garden Company (MSG).
  • The newly formed entertainment company, Madison Square Garden Entertainment Corp. (MSG Entertainment), will begin trading today on the NYSE as MSGE.
  • No action or payment was required by stockholders of MSG to receive the new MSG Entertainment shares.
  • Stockholders who held MSG common stock as of the record date will receive a book-entry account statement reflecting their ownership of the new MSG Entertainment shares or have their brokerage account credited with the new MSG Entertainment shares.