Quantcast
MSG GOES SOLO

Madison Square Garden Entertainment’s first day as a standalone company had a solid first day on the New York Stock Exchange, gaining $6 a share to close at $67.11.

The sports-free spin-off, trading under the symbol MSGE, owns and operates Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall, Beacon Theatre, and The Chicago Theatre. MSG Entertainment is building the MSG Sphere at The Venetian in Las Vegas and plans to build a second Sphere in London.

MSG sold The Forum in Inglewood to Clippers owner Steve Ballmer last month.

On its first day of trading MSG Entertainment Executive Chairman and CEO James Dolan named Mark FitzPatrick as Executive Vice President and Chief Financial Officer. FitzPatrick was most recently  Deputy Chief Financial Officer at WeWork. Andrew Lustgarten is President of MSG Entertainment.

“While the current environment presents significant challenges to our industry, we are confident in the future, and look forward to MSG Entertainment building on its reputation as a leader in live experiences,” Dolan said. “We believe [Mark FitzPatrick] is the ideal executive to help guide MSG Entertainment as we continue to pursue excellence across our operations.”

NEAR TRUTHS:
THE CAKE AND
THE CANDLES
Marketshare machers. (10/27a)
KENDRICK INKS WITH UMPG
Lamar enters the House of Jody. (10/27a)
YTD MARKETSHARE: AND THE WINNER IS...
It's a lock. (10/27a)
MAYBE, JUST MAYBE, PT. 8,761: SURGERY IN THE TIME OF COVID
Planning for an Election Day hopped up on painkillers. (10/28a)
ONCE IN A LIFETIME
Vote. Do it now. (10/28a)
RAINMAKERS 2020
Bring your umbrella.
GRAMMY OUTLIERS
Mulling possible surprises.
HALLOWEEN IN QUARANTINE
Why not wear a mask indoors?
ELECTION 2020
What drugs will help us get there?
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)