MSG: Concert touring to return from late September
Buoyed by recent comments by Michael Rapino, MSG Entertainment is expecting shows to “begin ramping back up” next month, its president says
News By | 24 August 2021
Madison Square Garden Entertainment, owner of the New York arena of the same name, beat analyst expectations in the fourth financial quarter of 2021, sending its share price to US$72.55, an increase of 16.2%, as of close of business yesterday (23 August).
The company’s Q4 results, which reflected the return of live events to its US venues, saw it increase entertainment revenues to US$31.1 million for the three months ending 30 June – up 264% on Q4 2020’s $8.6m – and narrow adjusted…