Madison Square Garden Entertainment Corp.

MSGE: DEF 14A · proxy statement

Madison Square Garden Entertainment filed its 2026 proxy statement for a virtual annual meeting on December 10, 2026, with three proposals: election of 12 directors, ratification of Deloitte as auditor, and an advisory say-on-pay vote. The proxy discloses strong FY2026 results: revenue of $1.1 billion, operating income of $141.5 million and AOI of $262.2 million, up 13%, 16% and 18% year over year, plus a record $195 million Christmas Spectacular run and ~$25 million of Class A share repurchases. As a controlled company, the Dolan Family Group owns all Class B shares (10 votes each) and can unilaterally elect all nine Class B directors and approve Proposals 2 and 3 regardless of how other shareholders vote. Governance-relevant items include only 25% independent director representation and early holding of this year's say-on-pay vote ahead of the required 2028 schedule.

SEC DEF 14A•3d ago

Madison Square Garden Names Glaze Teriyaki a Partner of the World's Most Famous Arena

MSG Entertainment and MSG Sports named Glaze Teriyaki a Partner of Madison Square Garden, the New York Knicks, and the New York Rangers. Glaze will open a dedicated concession stand on the sixth floor concourse for the 2026-27 season and feature in premium hospitality areas, in-arena promotion, and pre-game emails. No financial terms were disclosed; the deal is a routine sponsorship within MSG's culinary program.

•25d ago

Josephine Vaccarello Named President of MSG Entertainment

Josephine Vaccarello has been named President of MSG Entertainment, elevated from her most recent role as Executive Vice President, Live. Her expanded purview covers entertainment and sports bookings across concerts, family shows, comedy, performing arts, special events and all non-Knicks/Rangers sports bookings, plus the productions business including the Radio City Rockettes and the Christmas Spectacular, while she continues booking live residencies and touring acts at Sphere. A nearly thirty-year MSG veteran who started as an administrative assistant in 1998, she is credited with marquee residencies including Billy Joel's 150-show franchise run and Harry Styles' 30-show run at The Garden; Executive Chairman and CEO Jim Dolan called her instrumental in growing the live event business and one of the industry's most respected leaders. This is an internal continuity appointment with no departure, compensation terms, or strategic shift disclosed; Billboard's 2025 rankings cited in the release put Sphere as the world's highest-grossing venue and Madison Square Garden at #3.

•1mo ago

MSGE: 10-K · periodic report

Madison Square Garden Entertainment Corp. filed its Fiscal Year 2026 annual report (year ended June 30, 2026), reporting approximately 6.4 million guests across nearly 960 events. The Christmas Spectacular surpassed 1.2 million visitors, its highest attendance in 25 years, and represented 18% of revenues, while the Knicks' 2026 NBA Championship gave The Garden a marquee demand tailwind. On the balance sheet, the company carried $579 million of total debt at variable rates as of June 30, 2026, with $30 million maturing before the end of Fiscal Year 2027. It has $132 million of remaining availability under its $150 million revolving credit facility maturing June 27, 2030, and repurchased 623,271 Class A shares for approximately $25 million in Fiscal Year 2026, leaving about $45 million on its $250 million authorization. Key watch items include a June 2026 non-binding memorandum of understanding with Penn Transformation Partners contemplating transfer of the Infosys Theater at Madison Square Garden in connection with the Penn Station redevelopment, which the company warns could disrupt operations. Roughly 27% of union employees' collective bargaining agreements expired as of June 30, 2026, another 36% expire by June 30, 2027, and January 2025 legislation was introduced to discontinue The Garden's $45 million real estate tax exemption. A December 2025 security incident involving the company's Oracle E-Business Suite ERP system was concluded to be not material. The Dolan family retains approximately 64.3% of total voting power, no dividends were paid in Fiscal Year 2026, and the stock has returned roughly 161% since the April 2023 distribution ($100 grew to $261.02 by June 30, 2026).

SEC 10-K•2mo ago

Madison Square Garden Entertainment Corp. to Host Fiscal 2026 Fourth Quarter and Year-End Conference Call

Madison Square Garden Entertainment Corp. announced it will host a conference call on Wednesday, August 12, 2026, to discuss fiscal fourth quarter and full-year results for the period ended June 30, 2026. The company plans to issue its earnings press release prior to the market opening, with the conference call scheduled to begin at 10:00 a.m. Eastern Time. Investors can access the event via telephone or webcast, with a replay available online from later that day until August 19.

•2mo ago

MSGE: 8-K · material agreement

Madison Square Garden Entertainment Corp. (MSGE) announced on June 8, 2026, that it has entered into a non-binding memorandum of understanding with Penn Transformation Partners, the master developer for the New York Penn Station redevelopment. The agreement acknowledges that the Madison Square Garden Arena must remain fully operational at all times during the redevelopment process. The MOU also contemplates the potential transfer of the Infosys Theater at MSG to the Master Developer, subject to further negotiation and the execution of definitive documentation. The company emphasized that there can be no assurances that the redevelopment or the specific transactions involving the theater will be completed on the described terms, or at all. This filing serves as a Regulation FD disclosure regarding the early-stage negotiations between MSGE, Amtrak, and the developer consortium led by Halmar International and Skanska. No financial figures or binding commitments were disclosed in the report.

SEC 8-K•4mo ago

Madison Square Garden Entertainment Corp. to Host Fiscal 2026 Third Quarter Conference Call

Madison Square Garden Entertainment Corp. announced it will report fiscal Q3 2026 results on May 7, 2026, before the market open. A conference call to discuss the results is scheduled for 8:30 a.m. Eastern Time on the same day. Replay of the webcast will be available from May 7 to May 14 on the company's investor relations website.

•5mo ago