Highest-materiality recent filing
MSG Entertainment FY26 revenue up 13% to $1.06B; AOI up 18% to $262.2M
FY2026 revenues $1,060.8M, up 13% YoY; operating income $141.5M (+16%); adjusted operating income $262.2M (+18%).
MSG enters MOU on Penn Station redevelopment; Infosys Theater transfer contemplated
Non-binding MOU with Master Developer (Halmar/Skanska) acknowledges MSG Arena must remain fully operational during redevelopment.
MSG Entertainment Q3 revenue up 2% to $246.3M; operating income falls 41% to $16.1M
Revenues of $246.3M, up $3.8M YoY; adjusted operating income of $46.0M, down 20%.
MSGE enters employment agreement with EVP/Treasurer D'Ambrosio: base $750K, bonus 100%, LTI $1.4M
New employment agreement with Philip D'Ambrosio, Executive VP and Treasurer, effective April 1, 2026.
MSG Entertainment Q2 revenue up 13% to $459.9M; adj. operating income $190.4M
Revenue $459.9M (+13% YoY); operating income $163.8M (+18%); adjusted operating income $190.4M (+16%).
MSGE annual meeting: all director nominees elected; auditor and say-on-pay approved
Class A elected Bandier (28.36M for), Coleman (28.38M), Salerno (28.43M); broker non-votes 2.45M each.
Alexander Shvartsman appointed SVP, Controller & Principal Accounting Officer effective November 24, 2025.
MSGE controller Layth Taki to depart Nov 14; CFO Collins named interim PAO
Layth Taki, SVP, Controller & Principal Accounting Officer, will leave MSGE effective November 14, 2025.
MSG Entertainment Q1 fiscal 2026 revenue $158.3M, up 14%; adjusted OI $7.1M vs $1.9M
Revenue $158.3M, +14% YoY; operating loss widened to $29.7M from $18.5M.
Madison Square Garden Entertainment EVP & General Counsel Laura Franco to depart Oct 31
Laura Franco, EVP and General Counsel, will leave the Company effective October 31, 2025.
MSG Entertainment Q4 adj. operating loss $1.3M; FY revenues $942.7M (-2%)
Q4 revenues $154.1M (-17% YoY); operating loss $25.8M vs loss $8.9M prior year.
MSG National Properties closes $609M term loan and $150M revolver refinancing
New $609.375M term loan and $150M revolver mature June 27, 2030; interest rates SOFR+1.75%-2.50% or base+0.75%-1.50%.
MSG Entertainment redomiciles from Delaware to Nevada; shareholder rights changed
Stockholders approved redomestication at June 9, 2025 special meeting; vote: 86,439,289 for, 17,470,373 against.
MSG Entertainment Q3 revenue up 6% to $242.5M, AOI up 50% to $57.9M
Operating income rose 63% YoY to $27.3 million; adjusted operating income $57.9 million (+50%).
David Collins appointed MSGE EVP & CFO; Claire Sweeney joins board
David Collins appointed EVP and CFO effective April 14, 2025; previously CFO at Harris Blitzer Sports & Entertainment (HBSE).
MSGE Q2 revenue up 1% to $407.4M; Christmas Spectacular record 1.1M tickets
Operating income $139.0M (+1%), adjusted operating income $164.0M (+2%) vs prior year.
All director nominees elected and proposals approved at MSGE 2024 annual meeting
Three Class A directors (Bandier, Coleman, Salerno) elected; Bandier received 25,046,543 votes.
CFO Michael J. Grau to depart Nov 20; Lee Weinberg named Interim CFO
Michael J. Grau ceases as CFO on November 20, 2024; will receive severance per employment agreement.
MSG Entertainment Q1 revenue $138.7M, operating loss narrows to $18.5M
Revenue of $138.7M, down 2% YoY from $142.2M.
MSG Entertainment Q4/FY2024 revenue up 13% to $959.3M, above guidance; AOI $211.5M
FY2024 revenues $959.3M (+13% YoY); Q4 revenues $186.1M (+26% YoY).
Appoints Layth Taki as SVP, Controller & Principal Accounting Officer, effective Sep 9, 2024
Layth Taki, formerly CAO of Ziff Davis and Altice USA, will serve as SVP, Controller & Principal Accounting Officer.
MSGE renews James Dolan as CEO with $1.5M base, $8.6M LTI target through 2027
Renewal effective July 1, 2024; term expires June 30, 2027.
Madison Square Garden Entertainment CAO Zeppetella resigns; CFO Grau assumes interim role
Courtney M. Zeppetella, SVP Controller and CAO, resigned effective May 31, 2024.
MSG Entertainment Q3 revenue up 13% to $228.3M; raises FY24 guidance ranges
Q3 revenue $228.3M (+13% YoY); operating income $16.8M (down 32% vs $24.7M prior year carve-out).
MSGE Q2 revenue up 13% to $402.7M; raises FY24 revenue guidance to $930-950M
Q2 revenue $402.7M (+13% YoY), operating income $137.4M (+21%), AOI $151.0M (+20%).
Madison Square Garden Entertainment appoints Michael Grau as EVP and CFO effective April 1, 2024
Michael Grau, 58, formerly CFO of Altice USA, named EVP and CFO effective April 1, 2024.
Madison Square Garden Entertainment CFO David Byrnes resigns, interim CFO named
David F. Byrnes resigned as EVP and CFO effective Dec 8, 2023 to accept a position at another company.
MSGE annual meeting elects directors, approves stock plans and say-on-pay
Class A stockholders elected Bandier, Coleman, Salerno; Class B elected all 9 nominees (e.g., J.L. Dolan, C.F. Dolan).
Q1 revenue $142.2M, down 3% YoY from $146.5M; operating loss $33.4M vs $11.3M loss prior year.
Madison Square Garden Entertainment EVP, General Counsel and Secretary resigns effective Nov 3, 2023
Jamal H. Haughton resigned as EVP, General Counsel and Secretary.
Sphere Entertainment Group sold 8,221,188 shares of MSGE Class A stock at $32.50/share, including full underwriter option exercise.
MSG Entertainment subsidiary increases revolver by $50M to $150M
MSG National Properties amended its credit agreement to raise revolving commitments by $50M to $150M.
MSG Entertainment reports FY2023 revenue up 30% to $851.5M; issues FY2024 guidance
Full-year revenue $851.5M (+30% YoY); operating income $105.0M vs loss of $5.6M prior year.
Sphere Entertainment Group sells 6.0M MSGE shares at $31; MSGE repurchases 840K shares
Selling stockholder (Sphere Entertainment Group) completed secondary offering of 6,037,500 MSGE shares at $31.00/share; underwriters exercised option in full.
D'Ambrosio promoted from SVP and Treasurer to EVP and Treasurer; new agreement runs through March 31, 2026.
MSG Entertainment Q3 revenue $201.2M (+4% YoY); operating income up 56%
Revenue $201.2M (+4% YoY); excluding terminated MSG Networks ad pact, revenue up 9%.
MSGE completes spin-off distribution of ~34.7M shares; Sphere retains 33% stake
Distributed ~27.7M Class A and ~6.9M Class B shares to Sphere Entertainment holders as of April 14, 2023.
MSGE Spinco spin-off distribution to occur April 20, 2023; stockholders to receive ~67% of shares
Distribution expected at 11:59 p.m. on April 20, 2023; record date is April 14, 2023.
On April 7, 2025, the Board of Directors of Madison Square Garden Entertainment Corp. (the “Company”) appointed David Collins as Executive Vice President and Chief Financial Officer effective April 14, 2025
On November 13, 2024, Madison Square Garden Entertainment Corp. (the “Company”) and Michael J. Grau, the Company’s Executive Vice President and Chief Financial Officer, agreed that he will be leaving the Company, and effective November 20, 2024, will cease to be Chief Financial Officer.
Lee Weinberg will serve as the Company’s Interim Chief Financial Officer effective November 20, 2024.
appointed Layth Taki, 49, as Senior Vice President, Controller & Principal Accounting Officer effective September 9, 2024
Effective as of May 31, 2024 and until such time as a replacement is named, Michael J. Grau, the Company’s Executive Vice President and Chief Financial Officer, will serve as the Company’s interim principal accounting officer.
On May 28, 2024, Courtney M. Zeppetella, Senior Vice President, Controller and Chief Accounting Officer of Madison Square Garden Entertainment Corp. (the “Company”), resigned effective as of May 31, 2024.
On February 1, 2024, the Board of Directors of Madison Square Garden Entertainment Corp. (the “Company”) appointed Michael Grau, 58, as Executive Vice President and Chief Financial Officer effective as of April 1, 2024.
On December 8, 2023, David F. Byrnes informed Madison Square Garden Entertainment Corp. (the “Company”) of his resignation as Executive Vice President and Chief Financial Officer effective December 8, 2023 to accept a position at another company.
In connection with Mr. Byrnes’ resignation, Philip G. D’Ambrosio, the Company’s Executive Vice President and Treasurer, will serve as the Company’s interim principal financial officer.
On October 4, 2023, Jamal H. Haughton informed Madison Square Garden Entertainment Corp. (the “Company”) of his resignation as Executive Vice President, General Counsel and Secretary effective November 3, 2023.
On May 31, 2023, the Board of Directors of Madison Square Garden Entertainment Corp. (the “Company”) appointed Philip G. D’Ambrosio as Executive Vice President and Treasurer effective as of April 1, 2023.
Designated as directors elected by the holders of the Company’s Class B Common Stock: • James L. Dolan • Charles F. Dolan • Charles P. Dolan • Marianne Dolan Weber • Paul J. Dolan • Quentin F. Dolan • Ryan T. Dolan • Thomas C. Dolan • Brian G. Sweeney
Max materiality 0.80 · Median 0.57 · Most common event earnings