Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  The Madison Square Garden Company    MSG

THE MADISON SQUARE GARDEN COMPANY

(MSG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

The Madison Square Garden Company Names Hank Abate Executive Vice President of Venue Management

share with twitter share with LinkedIn share with facebook
share via e-mail
06/13/2016 | 12:01pm EST

NEW YORK, June 13, 2016 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE:MSG) today announced that Hank Abate, a well-regarded executive with more than three decades of experience in the entertainment facilities management industry, has been named executive vice president of venue management, effective June 20.  Mr. Abate joins the Company from Comcast Spectacor, where he served as senior vice president of Spectra Venue Management and Food Services & Hospitality.

In his role at MSG, Mr. Abate will direct all operations for MSG’s portfolio of iconic venues: New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, the Forum in Inglewood, California and the Chicago Theatre.  With the overarching goal of maximizing the customer experience, he will have daily oversight of financial and operational matters, as well as all other matters that impact the company’s facilities.  He will also be responsible for developing and maintaining key relationships that support the business’s goals and help drive the overall advancement of the company.  Mr. Abate will report to MSG President and CEO, David O’Connor.

“Our ability to deliver a superior, first-class experience across all of our venues is critical to both our day-to-day business and our growth plan, which includes expanding our portfolio of acclaimed venues,” said Mr. O’Connor.  “We are extremely fortunate to have such a seasoned executive in this role.  Hank’s proven track record of driving superior service and a client-focused approach will help ensure that we continue to achieve the standard of excellence that has made MSG a world leader in live sports and entertainment.”

Mr. Abate said: “As someone who has worked in the venue business for a long time, it is thrilling to be joining a company that includes some of the world’s most renowned facilities.  I look forward to working with MSG’s venue management team on ensuring we honor MSG’s legacy by driving new innovations in customer service as we continue to deliver unforgettable experiences for our fans and partners.”

Mr. Abate brings more than 30 years of experience in managing entertainment facilities, including facility operations, box office oversight, booking and programming, marketing and sales, finance and reporting, and labor management and negotiations.  Throughout his career, he has worked closely with some of the country’s top promoters, agents, and key industry players, along with a number of professional sports teams. Mr. Abate joins MSG from Comcast Spectacor, where he served as senior vice president of Spectra Venue Management and Food Services & Hospitality. During his nearly three years with the company, Mr. Abate played a key role in merging the operations of Ovations Food Services and Global Spectrum Facilities Management, while overseeing more than 40 facilities with a focus on increasing event activity and driving bottom-line growth.  Prior to Comcast Spectacor, Mr. Abate spent 20 years working for SMG Facility Management, where he held a number of key positions, and had principal responsibility for SMG managed arenas and stadiums in more than 120 cities.

The Madison Square Garden Company (MSG) is a world leader in live sports and entertainment with a portfolio of legendary sports teams, exclusive entertainment productions and celebrated venues.  MSG Sports owns and operates some of the most widely recognized sports franchises: the New York Knicks (NBA), the New York Rangers (NHL) and the New York Liberty (WNBA), along with two development league teams - the Westchester Knicks (NBADL) and the Hartford Wolf Pack (AHL).  MSG Sports also presents a broad array of world-class sporting events, including: professional boxing, college basketball, tennis, bull riding and e-gaming events.  MSG Entertainment features exclusive, original productions that include the Radio City Christmas Spectacular and New York Spectacular Starring The Radio City Rockettes.  MSG Entertainment also presents or hosts a wide variety of live entertainment offerings, including concerts, family shows and special events, in the Company’s diverse collection of iconic venues. These venues are: New York’s Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, California; The Chicago Theatre; and the Wang Theatre in Boston, MA.  More information is available at www.themadisonsquaregardencompany.com.

Contact:

Christopher Botta / Christopher.Botta@msg.com / 212-465-6263

Primary Logo


© GlobeNewswire 2016
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on THE MADISON SQUARE GARDEN
02/18MADISON SQUARE GARDEN : Introduces Motorola Solutions Radios at Venues Across th..
AQ
02/18MADISON SQUARE GARDEN : Introduces Motorola Solutions Radios at Venues Across th..
BU
02/07MADISON SQUARE GARDEN CO : Results of Operations and Financial Condition, Financ..
AQ
02/07MADISON SQUARE GARDEN : Management's Discussion and Analysis of Financial Condit..
AQ
02/07The Madison Square Garden Company Reports Fiscal 2020 Second Quarter Results
GL
02/04MSG NETWORKS INC. : Results of Operations and Financial Condition, Financial Sta..
AQ
02/04MADISON SQUARE GARDEN : MSG NETWORKS INC. Management's Discussion and Analysis o..
AQ
02/04MADISON SQUARE GARDEN : The New York Knicks Announce Steve Mills to Leave His Po..
PU
02/04MSG NETWORKS : Fiscal 2Q Earnings Snapshot
AQ
02/03MADISON SQUARE GARDEN : to Host Fiscal 2020 Second Quarter Conference Call
PU
More news
Financials (USD)
Sales 2020 1 668 M
EBIT 2020 -42,8 M
Net income 2020 -27,3 M
Finance 2020 412 M
Yield 2020 -
P/E ratio 2020 -262x
P/E ratio 2021 -285x
EV / Sales2020 4,11x
EV / Sales2021 4,35x
Capitalization 7 268 M
Chart THE MADISON SQUARE GARDEN COMPANY
Duration : Period :
The Madison Square Garden Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends THE MADISON SQUARE GARDEN
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Average target price 353,84  $
Last Close Price 302,97  $
Spread / Highest target 35,8%
Spread / Average Target 16,8%
Spread / Lowest Target 4,63%
EPS Revisions
Managers
NameTitle
James Lawrence Dolan Executive Chairman & Chief Executive Officer
Andrew Lustgarten President
Joel Fisher Executive Vice President-Events & Operations
Victoria M. Mink Chief Financial Officer & Executive Vice President
Richard D. Parsons Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
THE MADISON SQUARE GARDEN COMPANY2.98%7 268
MANGO EXCELLENT MEDIA CO LTD--.--%12 396
PERFECT WORLD CO LTD--.--%9 673
TOHO CO., LTD.0.00%6 147
ALIBABA PICTURES GROUP LIMITED-1.72%3 897
CHINA FILM CO.,LTD.-8.80%3 687