The board of Madison Square Garden Entertainment said today that it is considering a spinoff of its live entertainment business that would include MSG Networks and NYC’s Madison Square Garden, Radio City Music Hall and Beacon Theatre, among other assets
for Los Angeles Clippers owner and ex-Microsoft CEO Steve Ballmer to buy the Forum in the L.A. suburb of Inglewood. That deal cleared a big hurdle in Ballmer’s plans to build a new arena for his NBA team, which has shared Crypto.com Arena with the Lakers since that building opened in 1999.
The Dolan clan also controls Madison Square Garden’s main tenants: the NBA’s Knicks and NHL’s Rangers. Today’s announcement did not mention either team. Its holdings also include the Radio City Rockettes, Hulu Theater at Madison Square Garden and the Windy City’s Chicago Theatre. The company is building a new venue in Las Vegas — MSG Sphere at The Venetian — and has announced plans to build a second MSG Sphere in London.
The Company’s entertainment and sports bookings business, which showcases a broad array of compelling concerts, family shows and special events, as well as a diverse mix of sporting events, for millions of guests annually; Valuable long-term Arena License Agreements with the New York Knicks and New York Rangers, both of which play their home games exclusively at Madison Square Garden; and
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Madison Square Garden Entertainment Explores Possible Spinoff That Would Include Iconic NY ArenaMadison Square Garden Entertainment announced Thursday it’s exploring a spinoff of its live entertainment business.
Read more »
Trader Joe’s Wine Shop in Union Square abruptly closes after 15 years“I am so bummed,” said one customer who commuted 30 minutes to Trader Joe's Wine Shop, only to find it closed. “I used to come here and buy a lot of wines, like 20 bottles, and drink them for several months. So I’m gonna have to find a Plan B now.”
Read more »
1 injured in stabbing in Pioneer Square, Seattle Police seek suspectSeattle Police are investigating a stabbing in Pioneer Square late Wednesday afternoon. FOX13
Read more »
Suspect Gropes Teen Girl in Times Square, Punches Victim's Father in Face: PolicePolice are looking for a man who allegedly groped a teenage girl while in the popular tourist destination of Times Square, and then punched the victim’s father in the face. The incident occurred on Aug. 7 on West 43rd Street between Seventh and Eighth avenues around 7:30 p.m., according to police. The man grabbed the rear end of a 13-year-old…
Read more »
A First for the First State: Wegmans to Open in Delaware in 2022Yes, it's really happening in 2022 as Wegmans is set to open its first Delaware supermarket. And, they're hiring.
Read more »