Madison Square Garden (MSG) is currently in the process of breaking itself up again, this time into a sports team business (ex. Knicks and Rangers) and a venue/concerts business. Naturally, this has led to more people taking a look at the name and the upcoming catalyst has Barron’s thinking the company offers a lot of upside. The company’s… Read More »
We wrote last week about Madison Square Garden Company’s(MSG) plan to explore a spinoff of its sports and entertainment business. The company is in the early stages of planning this transaction and there still remain many unanswered questions. Capital New York reports that CEO Tad Smith confirmed on last Friday’s earnings conference call that the company has not… Read More »
The Dolan family is at it again. Perhaps inspired by the master of the spinoff, fellow cable mogul John Malone, 2010 Cablevision(CVC) spinoff The Madison Square Garden Company(MSG) has announced that it is exploring spinning off its Media and Sports business from its Live Entertainment business. The company’s Board Of Directors unanimously approved the plan to explore the… Read More »