Shareholders Entertained By MSG Earnings
MSG shareholders are celebrating after it reported better-than-expected results. But first, let’s all get on the same page about how MSG is structured. ⏸️
Madison Square Garden Sports Group ($MSGS) is the leading professional sports company that owns the New York Knicks and New York Rangers. It also owns two development league teams and operates a professional sports team performance center. Meanwhile, Madison Square Garden Entertainment Corp ($MSGE) is a leader in live entertainment. It owns world-renowned venues like New York’s Madison Square Garden and Radio City Music Hall, among others.