Madison Square Garden Entertainment
Madison Square Garden Entertainment
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About Madison Square Garden Entertainment
Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leading American entertainment holding company headquartered in New York City. Renowned for its iconic venues and diverse live events, the company offers a wide array of experiences that cater to a global audience.
Venues and Live Events
MSG Entertainment owns and operates several world-class venues, including:
- Madison Square Garden: Often referred to as "The World's Most Famous Arena," it serves as the home for the New York Knicks (NBA) and the New York Rangers (NHL).
- The Theater at Madison Square Garden: A versatile venue hosting concerts, family shows, and special events.
- Radio City Music Hall: Famous for the annual Radio City Christmas Spectacular featuring the Rockettes.
- Beacon Theatre: A historic venue known for its acoustics and diverse performances.
- The Chicago Theatre: Acquired in 2008, it adds to the company's portfolio of iconic venues.
These venues collectively host a broad spectrum of events, including concerts, family shows, and special events. They attract millions of guests annually.
Original Productions
A hallmark of MSG Entertainment is its original production, the Radio City Christmas Spectacular. This holiday tradition has been captivating audiences since 1933, showcasing the world-famous Radio City Rockettes.
Recent Developments
In April 2023, MSG Entertainment underwent a significant restructuring. The company spun off its live events business into a new entity, retaining the Madison Square Garden Entertainment name.
The original MSG Entertainment was renamed Sphere Entertainment, focusing on the Sphere venue in Las Vegas and regional sports networks.
Locations
While MSG Entertainment's primary operations are based in New York City, the company also has a notable presence in Las Vegas, Nevada.
- New York City
- Las Vegas, NV, USA
Financial Performance
For the fiscal year ending June 30, 2023, MSG Entertainment reported revenues of $851.5 million, marking a 30% increase from the previous year.
The company hosted over 5.5 million guests at nearly 900 events across its venues during this period.
Conclusion
Madison Square Garden Entertainment Corp. continues to be a pivotal player in the live entertainment industry. It offers a diverse range of events and experiences that resonate with audiences worldwide.