Tag: MSG


MSG spin-off sports and entertainment assets

Madison Square Garden April 2020

A new MSG Entertainment company was formed on Monday. With this formation, the split of Madison Square Garden Company’s (MSG) sports and entertainment assets has been completed. The Madison Square Garden Company (also known as The MSG Company) is an American sports and entertainment holding... » Read more


Steve Ballmer prevails as deal struck to buy The Forum

The Forum Club - Los Angeles

The American professional basketball team Los Angeles Clippers owner Steve Ballmer has struck a deal with the multipurpose indoor arena in New York City – Madison Square Garden (MSG) – to buy The Forum for $400 million in cash, the team announced on Tuesday. The deal clears the path for the... » Read more


MSG makes ‘significant progress’ on business spin-offs

Madison Square Garden (MSG) revealed the proposed spin-off

The multipurpose indoor arena in New York City – Madison Square Garden (MSG) – revealed the proposed spin-off of its entertainment businesses from its sports businesses, naming the intended leadership team for the new units. MSG informed that it is continuing to make “important progress” on... » Read more


Will Clippers’ owner Steve Ballmer have the last laugh?

Los Angeles - The Forum

Steve Ballmer, the owner of the American professional basketball team based in Los Angeles, US – the Los Angeles Clippers – is reportedly in “advanced negotiations” with the Madison Square Garden Company (MSG) to purchase The Forum, a multipurpose venue located in Inglewood, California. The... » Read more


MSG corporate revamping no hurdle for Sphere project

The Sphere London - Nov. 2019 update

The Madison Square Garden Company will spin off its entertainment business from its sports business. This will be done to generate cash for a second MSG Sphere project in London. The above step has been initiated as there is a huge delay in the planning application and design process in London. The... » Read more


Clippers unveils plans for Inglewood arena

Los Angeles Clippers new arena

The National Basketball Association (NBA) team Los Angeles Clippers has unveiled renderings for their new sports and entertainment center in Inglewood. The “privately-financed, transformative community project will feature an intense fan-focused NBA arena, team basketball and business operations... » Read more


‘Architectural wonder’ The Sphere coming up at Las Vegas

The Sphere Las Vegas - Aug 2019

An avant-garde and one of the most live entertainment and sports complexes in the world are coming up at Las Vegas – MSG Sphere. It is being promoted as a venue that will incorporate all the senses of the world. The arena is being built in Paradise, Nevada, the construction work of which began in... » Read more


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