The Madison Square Garden Company (MSG) - NYSE
  • Feb. 5, 2015, 5:30 PM
    | Feb. 5, 2015, 5:30 PM | 10 Comments
  • Jan. 26, 2015, 9:20 AM
    • Madison Square Garden (NASDAQ:MSG) will report FQ2 results on Feb. 6.
    • The conference call is scheduled to begin at 10.00 a.m. ET.
    • Consensus view is EPS of $0.73 on revenues of $523.55M.
    | Jan. 26, 2015, 9:20 AM
  • Jan. 15, 2015, 12:40 PM
    | Jan. 15, 2015, 12:40 PM | 10 Comments
  • Dec. 31, 2014, 8:42 AM
    • Streaming: Sony (NYSE:SNE), HBO (NYSE:TWX), CBS (NYSE:CBS), and Dish Networks (NASDAQ:DISH) are set to unveil streaming products in 2015. The theory of the companies that the skinny bundles will draw in more cord-cutters and cord-nevers than they will cannibalize current pay-TV subscribers will be put to the test. The rush of streaming options could help or hurt Netflix (NASDAQ:NFLX) depending upon which analysis an investor leans on.
    • Theater traffic rebound: Exhibitors (CNK, RGC, AMC, CKEC, IMAX) and movie studios (LGF, VIA, VIAB, DIS, FOXA, CMCSA, TWX) maintain that the decline in theater attendance in 2014 (-6%) was due to a slate of films light on blockbusters. A bounce is forecast for 2015 with high-profile films such as Avengers: The Age of Ultron, The Hunger Games: Mockingjay Part 2, Fifty Shades of Grey, Jurassic World, Spectre (James Bond), and Mission Impossible 5 all set to premiere - along with the reboot of the Star Wars franchise in December. Capex spending on theater upgrades could also help boost in-theater spending and average ticket price for exhibitors.
    • Mergers: If regulators allow the Comcast-Time Warner Cable (NYSE:TWC) and AT&T-DirecTV (NASDAQ:DTV) mergers to sail through it could clear a path for other media combinations, note analysts. Potential buyers include Alibaba (NYSE:BABA), Wanda Group, Softbank (OTCPK:SFTBY), and a TWX-rebuffed 21st Century Fox (NASDAQ:FOXA). Content producers which could be targets include Starz (NASDAQ:STRZA), Lions Gate (NYSE:LGF), DreamWorks Animation (NASDAQ:DWA), AMC Networks (NASDAQ:AMCX), and Scripps Networks (NYSE:SNI). A split-up Madison Square Garden (NASDAQ:MSG) could also be enticing.
    | Dec. 31, 2014, 8:42 AM | 4 Comments
  • Dec. 19, 2014, 8:18 AM
    • Madison Square Garden (NASDAQ:MSG) could be split in three, according to the company's SEC filing yesterday.
    • The strategy has been pushed hard by activist investors, including JAT Capital Management.
    • Analysts think shareholder value will be increased as the split brings a M&A premium into the mix on the media business.
    • Potential MSG split: Sports (Knicks, Rangers), Entertainment (concerts, theater), Media (pay-TV subscriptions, regional networks, Fuse).
    | Dec. 19, 2014, 8:18 AM
  • Dec. 18, 2014, 5:39 PM
    • Top gainers, as of 5:15 p.m.: RHT +11.4%. PIR +6.5%. CTAS +5.7%. MSG +4.6%. ABEV +4.2%.
    • Top losers, as of 5:15 p.m.: TNK -7.4%. OME -4.5%. AUQ -3.7%. AGI -3.4%. NG -2.7%.
    | Dec. 18, 2014, 5:39 PM
  • Dec. 18, 2014, 4:34 PM
    • Madison Square Garden (NASDAQ:MSG) indicates in a new SEC filing that it will consider splitting its media business from the sports and entertainment assets as it considers how to structure a spin-off.
    • SEC Form 8-K
    • MSG +0.6% after-hours.
    | Dec. 18, 2014, 4:34 PM
  • Oct. 31, 2014, 8:01 AM
    • Madison Square Garden (NASDAQ:MSG) reports revenue in its MSG Media segment fell 14% Y/Y to $142.7M in FQ1 on lower affiliate fee sales.
    • Revenue for MSG Entertainment +128% to $65.2M on a boost from hosting more high-profile events.
    • MSG Sports saw a 40% gain in sales to $53.5M.
    • The company approved a new buyback allowance of $500M.
    • What to watch: Expect analysts to press execs with Madison Square Garden during the upcoming conference call on reports the company plans to split into two.
    • Earnings call webcast
    • MSG +3.3% premarket
    | Oct. 31, 2014, 8:01 AM
  • Oct. 31, 2014, 7:37 AM
    • Madison Square Garden (NASDAQ:MSG): FQ1 EPS of $1.38 may not be comparable to consensus of $0.32.
    • Revenue of $241.74M (+12.1% Y/Y) beats by $17.52M.
    • Shares +3.27% PM.
    | Oct. 31, 2014, 7:37 AM
  • Oct. 30, 2014, 5:30 PM
  • Oct. 28, 2014, 9:13 AM
    | Oct. 28, 2014, 9:13 AM
  • Oct. 28, 2014, 7:07 AM
    • Shares of Madison Square Garden (NASDAQ:MSG) soar after a Bloomberg report indicates the company is considering splitting into two.
    • Analyst commentary is positive on the plan to separate the sports/media business from MSG's real estate holdings.
    • ISI Group is quick to upgrade the stock to a Buy rating from Hold with a new price target of $74.
    • MSG +16.6% premarket.
    | Oct. 28, 2014, 7:07 AM | 1 Comment
  • Oct. 27, 2014, 7:11 PM
    • Madison Square Garden (NASDAQ:MSG) is exploring splitting into two companies, according to Bloomberg.
    • The division would see the sports and media businesses held by one firm and the real estate holdings in the other.
    • Nelson Peltz will also join the board, tip sources.
    • MSG +6.4% AH.
    | Oct. 27, 2014, 7:11 PM | 1 Comment
  • Sep. 30, 2014, 8:07 AM
    • Cowen Research says the trend of sluggish TV ratings has continued through Q3.
    • The investment firm estimates broadcast viewers in the key 18-49 year old demographic fell 8% Y/Y (ex. Thursday night football) last week on a live+3 reading.
    • There's growing concern in the sector that more advertising dollars will float to digital channels due to the ratings slump.
    • Related stocks: CBS, CMCSA, DIS, FOXA, AMCX, VIA, SNI, CRWN, MSG.
    | Sep. 30, 2014, 8:07 AM
  • Sep. 19, 2014, 12:16 PM
    • A study sponsored by A+E maintains that TV viewers aren't perturbed by a disabled fast-forward option when watching shows on video-on-demand.
    • The interesting conclusion comes right as major TV networks (DIS, CMCSA, CBS, FOXA, TWX, AMCX, VIA, SNI, MSG, CRWN) are looking to push Live+7 ratings in order to grab more advertising eyeballs.
    • The switch to Live+7 and disabled VOD fast-forwarding is seen as a revenue-saver for the sector with traditional TV viewing in decline.
    | Sep. 19, 2014, 12:16 PM | 4 Comments
  • Aug. 22, 2014, 5:16 PM
    • John Thaler's JAT Capital has raised its stake in Madison Square Garden (NASDAQ:MSG) to 4.28M shares (6.7%). In its 13D, JAT says it "may seek to engage" MSG's board to "provide recommendations on ways to achieve long-term value."
    • MSG +1.9% AH to a new 52-week high. Shares have been buoyed by Steve Ballmer's $2B purchase of the Clippers, and its potential implications for the value of the Knicks.
    | Aug. 22, 2014, 5:16 PM
Company Description
The Madison Square Garden Co. engages in live sports and entertainment business. The company operates through two reportable segments: MSG Entertainment and MSG Sports. The MSG Sports segment owns and operates the following professional sports franchises: the Knicks of the NBA, the Rangers of... More
Sector: Services
Industry: Entertainment - Diversified
Country: United States