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MSG Entertainment (MSGE) delivers world-class live experiences through iconic venues like Madison Square Garden and Radio City Music Hall. This news hub provides investors and enthusiasts with timely updates on corporate developments, event announcements, and operational milestones.
Key resources include: Earnings reports, venue expansions, artist partnerships, and strategic initiatives. Track official press releases alongside curated analysis of sports events, concert series, and theatrical productions shaping the live entertainment landscape.
Discover updates on premium hospitality offerings, licensing agreements, and operational enhancements across MSGE's portfolio. Bookmark this page for direct access to primary sources about ticket sales trends, venue utilization, and cultural programming developments.
Keurig Dr Pepper (KDP) has announced a multi-year partnership making Snapple® the Official Tea Partner of the New York Knicks, New York Rangers, and Madison Square Garden. The partnership includes a new Snapple Mini Mart concession stand with NYC theming and introduces six Snapple flavors throughout the arena.
The agreement features exclusive product sampling opportunities at Knicks and Rangers games, digital signage presence on GardenVision, and promotional activities during Arena Concert Series events. Snapple will offer both regular and zero sugar varieties including Raspberry Tea, Half n' Half Lemonade Iced Tea, Peach Tea, and Lemon Tea at select concession stands.
This strategic partnership represents a homecoming for Snapple, which was founded in Brooklyn, NY in 1972, and aims to expand the brand's reach in its birthplace while connecting with a global audience at MSG venues.
MSG Entertainment (NYSE: MSGE) has appointed David Collins as Executive Vice President and Chief Financial Officer, effective April 14, 2025. Collins will report to Executive Chairman and CEO James L. Dolan, overseeing the company's financial operations including planning, controllership, treasury, investor relations, tax, and procurement.
Collins brings over 30 years of financial experience, most recently serving as CFO and EVP at Harris Blitzer Sports and Entertainment, where he managed finances for the Prudential Center, Philadelphia 76ers, and New Jersey Devils. His previous experience includes senior financial positions at Base Entertainment and various companies in the sports, entertainment, energy, transportation, and restaurant industries.
Madison Square Garden Entertainment Corp. (NYSE: MSGE) has announced a multi-year integrated marketing partnership with Liquid Death, making it an Official Partner across the MSG Family of Companies. The beverage company will become the Official Sparkling Water Partner across MSG's portfolio, including Madison Square Garden, The Theater at MSG, Radio City Music Hall, Beacon Theatre, Sphere in Las Vegas, the New York Rangers, and the Christmas Spectacular.
The partnership includes significant brand presence on Sphere's Exosphere, the world's largest LED screen. Liquid Death will have the opportunity to create sweepstakes, conduct post-game sampling at Rangers games, and maintain an interactive activation space during select home games. Their products will be available at select concession stands across the venues, with the brand also serving as The Official Iced Tea Partner for several MSG properties.
The Radio City Rockettes are celebrating their 100th anniversary in 2025, marking a century as America's longest-running precision dance company. Founded in St. Louis in 1925, the organization announced several initiatives to commemorate this milestone:
The dance company is expanding its dancer development program, starting with open call auditions on April 22, 2025, at Radio City Music Hall. They're launching a new Rockettes Preparatory program alongside their existing Conservatory program, creating an inclusive pipeline for aspiring dancers. Both programs are offered at no cost, including transportation and lodging support.
Additionally, the organization introduced Rockettes Legacy, a platform to honor former dancers and preserve the company's history through a living archive. The Rockettes perform for over one million people annually during the Christmas Spectacular at Radio City Music Hall. Over the past five years, their development programs have trained more than 500 dancers, with 59 joining the Rockettes line.
Madison Square Garden Entertainment (MSGE) reported fiscal Q2 2025 results with revenues of $407.4 million, up 1% year-over-year. Operating income reached $139.0 million, increasing 1%, while adjusted operating income grew 2% to $164.0 million.
The quarter was highlighted by the Christmas Spectacular's record-setting 91st season, selling approximately 1.1 million tickets across 200 shows, compared to over 1 million tickets across 193 shows last season. Entertainment offerings revenue remained stable at $318.3 million, with decreased concert revenues offset by increased Christmas Spectacular and suite license fee revenues.
The company repurchased approximately $25 million of MSGE Class A shares during the quarter at an average price of $36.68 per share. MSGE also fully paid down its $55 million revolving credit facility balance.
Madison Square Garden Entertainment (NYSE: MSGE) has announced it will host a conference call to discuss its fiscal 2025 second quarter results on Thursday, February 6, 2025, at 10:00 a.m. Eastern Time. The financial results, covering the period ended December 31, 2024, will be released before the market opens.
Participants can join via telephone by dialing 888-660-6386 with conference ID 8020251, or watch the webcast at investor.msgentertainment.com under 'Events.' A replay will be available by phone at 800-770-2030 until February 13, 2025, and the webcast recording will remain accessible on the website through the same date.
Madison Square Garden Sports Corp. (NYSE: MSGS) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) have announced a partnership with Waterloo Sparkling Water, making it an official partner of the New York Rangers and Madison Square Garden.
The partnership includes the availability of Waterloo products at concession stands throughout MSG, featuring a dedicated concession stand on the sixth floor Infosys Level concourse. The brand will receive premier integration during Rangers games through digitally enhanced dasherboards and in-arena LED signage. Additionally, Waterloo will be integrated across Rangers digital platforms and featured in team emails to fans throughout the year.
This marks Waterloo's largest multi-year venue sponsorship to date, aiming to enhance the fan experience at The Garden through expanded beverage options.
Madison Square Garden Entertainment (NYSE: MSGE) has repurchased 681,593 shares of Class A common stock at an average price of $36.68 per share, totaling approximately $25 million from November 20 through December 2, 2024. The repurchase was funded with cash on hand. Since its spinoff from Sphere Entertainment in April 2023, MSGE has repurchased over 5 million shares for approximately $165 million. The company has $85 million remaining under its current share repurchase authorization.
Madison Square Garden Entertainment (NYSE: MSGE) reported fiscal Q1 2025 results with revenues of $138.7 million, down 2% year-over-year. The company posted an operating loss of $18.5 million, improving 45% from the prior year, and adjusted operating income of $1.9 million. The Garden hosted a record number of Q1 concerts, while entertainment offerings revenue decreased 1% to $115.1 million. Food, beverage, and merchandise revenues declined 18% to $19.0 million. The company announced new multi-year sponsorship deals with Lenovo, Motorola Mobility, and the Department of Culture and Tourism – Abu Dhabi, plus extended its Verizon partnership.
Madison Square Garden Entertainment (NYSE: MSGE) has announced it will host a conference call on November 8, 2024, at 8:30 a.m. Eastern Time to discuss its fiscal 2025 first quarter results for the period ended September 30, 2024. The company will release its financial results before the market opens. The call will be accessible via telephone (888-660-6386, conference ID: 8020251) and webcast through the investor relations website. A replay will be available until November 15, 2024, via phone (800-770-2030) and website.