Madison Square Garden Entertainment

Madison Square Garden Entertainment Corp. operates as a holding company. It operates through the following segments: Entertainment, MSG Networks, and Tao Group Hospitality. The Entertainment segment includes a portfolio of venues: Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre and The Chicago Theatre. The MS Networks segment consists of the company's regional sports and entertainment networks. The Tao Group Hospitality segment operates entertainment dining and nightlife venues in New York City, Las Vegas, Los Angeles, Chicago, Singapore and Sydney, Australia. The company was founded in 2010 and is headquartered in New York, NY.

Earnings data Q3 2021

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Madison Square Garden Entertainment reports record Q1 revenues and partnerships

MSGE's Q1 2025 performance showed revenue growth and a focus on debt reduction and shareholder returns.
Despite challenges in concert bookings and lower per caps, the company sees opportunities in the Christmas Spectacular and artist development.
Strong partnerships and sales activity in premium hospitality suites are key strengths driving revenue growth.
The company faces challenges in concert revenue mix and labor cost increases but remains optimistic about future growth opportunities.

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Madison Square Garden Entertainment Corp. engages in the provision of entertainment services. Its portfolio of venues includes The Garden, Radio City Music Hall, the Beacon Theatre, The Theater at Madison Square, and The Chicago Theatre. The company was founded in 1879 and is headquartered in New York, NY.

Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q2 2023 Earnings Conference Call February 9, 2023 10:00 AM ET Company Participants Ari Danes - Senior Vice President Investor Relations, Financial Communications and Treasury Dave Byrnes - Executive Vice President and Chief Financial Officer Andrea Greenberg - President and Chief Executive Officer Conference Call Participants Brandon Ross - LightShed Partners David Karnovsky - JPMorgan Devin Brisco - Wolfe Research Paul Golding - Macquarie Capital Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp. Fiscal 2023 Second Quarter Earnings Conference Call.

Madison Square Garden Entertainment Corp. (MSGE) Q2 2023 Earnings Call Transcript

Madison Square Garden Entertainment (MSGE) delivered earnings and revenue surprises of 92.31% and 4.19%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Madison Square Garden Entertainment (MSGE) Tops Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") today reported financial results for the fiscal second quarter ended December 31, 2022. The fiscal 2023 second quarter was highlighted by the successful 2022 holiday season run of the Christmas Spectacular production and ongoing positive momentum in the Company's entertainment and sports bookings business.

Madison Square Garden Entertainment Corp. Reports Fiscal 2023 Second Quarter Results

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NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) today announced the Company is exploring a potential sale of its majority interest in Tao Group Hospitality. Since MSG Entertainment acquired its interest in 2017, Tao Group Hospitality has transformed into a global entertainment dining and nightlife powerhouse, with more than 70 branded locations in over 20 markets across four continents.

Madison Square Garden Entertainment Corp. Provides Update on Tao Group Hospitality

NEW YORK--( BUSINESS WIRE )--Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2022 on Thursday, February 9, 2023 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening.

Madison Square Garden Entertainment Corp. to Host Fiscal 2023 Second Quarter Conference Call

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Stocks like Wyndham Hotels & Resorts (WH), Sportradar Group AG (SRAD), OneSpaWorld Holdings Limited (OSW) and Madison Square Garden Entertainment Corp. (MSGE) are expected to benefit from the rise in personal income.

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The New York Knicks owner also threatened to stop serving alcohol at Rangers games in response to the outcry, which he later walked back.

James Dolan defends use of facial recognition technology to ban entry into Madison Square Garden and Radio City Music Hall

New York Attorney General Letitia James pressed MSG Entertainment over its reported use of face scans to block certain lawyers from entering venues.

NY AG Letitia James presses MSG over use of facial recognition technology

The state attorney general's office said Wednesday that the company has reportedly used the technology to bar entry for lawyers who are currently suing it over unrelated matters.

New York Attorney General Probing Madison Square Garden's Use of Facial Recognition Technology

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Leisure & Recreation Services industry benefits from optimizing business processes, consistent strategic partnerships and digital initiatives. Stocks like LYV, RCL and MSGE appear better positioned to benefit.

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Madison Square Garden Entertainment Corp. MSGE, +0.39% on Friday said it would move ahead with a spin-off of its live entertainment business and planned to complete that spin-off by the end of March. Executives for the company said it had confidentially filed an amended registration statement for the proposed deal, and said it expected to file a publicly available registration statement next month.

Madison Square Garden moving ahead with live-entertainment spin-off

NEW YORK--( BUSINESS WIRE )--Madison Square Garden Entertainment Corp. (NYSE: MSGE) today announced that it is moving forward with the spin-off of its traditional live entertainment business, which includes a diverse collection of venues in New York and Chicago, the Company's entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production. The Company has confidentially submitted an Amended Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) for the proposed transaction and anticipates filing a publicly available Amended Form 10 Registration Statement with the SEC in February. In addition, the Company expects to complete the spin-off by the end of March 2023.

Madison Square Garden Entertainment Corp. Confidentially Files Amended Form 10 Registration Statement for Proposed Spin-off of Live Entertainment Business

NEW YORK--( BUSINESS WIRE )--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) today announced that its board of directors has approved a revised plan for the proposed separation of the Company's businesses. The Company is now exploring a potential spin-off of its traditional live entertainment business, which includes a diverse collection of performance venues, entertainment and sports bookings and the Christmas Spectacular production. The proposed transaction would separate this business from the Company's MSG Sphere, MSG Networks and Tao Group Hospitality businesses.

Madison Square Garden Entertainment Corp. Provides Update on Potential Spin-Off Transaction

This Marks Tao Group Hospitality's Second Partnership with Mohegan Sun and the Fourth opening of the Unique and Popular Beauty & Essex Restaurant UNCASVILLE, Conn. , Nov. 17, 2022 /PRNewswire/ -- Mohegan Sun, one of the world's leading integrated entertainment resort destinations, and Tao Group Hospitality today announced that Beauty & Essex will open inside Mohegan Sun in Fall 2023.

Beauty & Essex Restaurant to Open new Location inside Mohegan Sun

Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q1 2023 Earnings Conference Call November 9, 2022 10:00 AM ET Company Representatives Andrea Greenberg - President, Chief Executive Officer Dave Byrnes - EVP, Chief Financial Officer Ari Danes - Senior Vice President, Investor Relations, Financial Communications and Treasury Conference Call Participants Brandon Ross - LightShed Partners David Katz - Jefferies David Karnovsky - JP Morgan Devin Brisco - Wolfe Research Paul Golding - Macquarie Operator Good morning! Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp, Fiscal 2023 First Quarter Earnings Conference Call.

Madison Square Garden Entertainment Corp. (MSGE) Q1 2023 Earnings Call Transcript

Madison Square Garden Entertainment (MSGE) delivered earnings and revenue surprises of -25.26% and 10.11%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Madison Square Garden Entertainment (MSGE) Reports Q1 Loss, Tops Revenue Estimates

NEW YORK , Nov. 9, 2022 /PRNewswire/ -- Tao Group Hospitality has announced plans to open its first ever TAO-branded resort in Orlando, FL. completing the company's 360-degree approach to full-service entertainment experiences.

TAO GROUP HOSPITALITY ANNOUNCES PLANS FOR THE FIRST EVER TAO HOTEL

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") today reported financial results for the fiscal first quarter ended September 30, 2022.

Madison Square Garden Entertainment Corp. Reports Fiscal 2023 First Quarter Results

The retained shares would then be available in a tax-free exchange off er for the common stock of MSG Sphere Corp. to raise capital for general corporate purposes and can be utilized in a follow-on pro-rata spin-off to shareholders of MSG Sphere Corp.

MSG Entertainment To Spin-Off Its Live Entertainment & MSG Network Businesses

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2022 on Wednesday, November 9, 2022 at 10:00 a.m.

Madison Square Garden Entertainment Corp. to Host Fiscal 2023 First Quarter Conference Call

Madison Square Garden Sports

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (MSG Sports) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) announced today a marketing partnership with Monster Energy, naming the leading marketer of energy drinks and alternative beverages the Official Energy Drink Partner of the New York Rangers and Madison Square Garden.

Monster Energy Named Official Energy Drink Partner of the New York Rangers and Madison Square Garden

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) today announced that it has confidentially submitted an initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) for the proposed spin-off of its traditional live entertainment and MSG Networks businesses.

Madison Square Garden Entertainment Corp. Confidentially Submits Initial Form 10 Registration Statement for Proposed Spin-Off of Live Entertainment and MSG Networks Businesses

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (MSG Sports), Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) and HUB International Limited (HUB), a leading global insurance brokerage, announced today a signature marketing partnership making HUB an official partner of the New York Knicks, New York Rangers, Madison Square Garden Arena, and the Montefiore Concert Series at Madison Square Garden.

HUB International Announced as Official Partner of Madison Square Garden Sports and Madison Square Garden Entertainment

MSGE, $60.61, Market Capitalization: $2.1 billion) announced that its Board of Directors has authorized the Company's management to explore a potential spin-off of its live entertainment and MSG Network businesses into a separately traded public company.

News for Madison Square Garden Entertainment Stock (MSGE)