Madison Square Garden Entertainment Adds CFO As It Spins Off

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Madison Square Garden Entertainment Adds CFO As It Spins Off
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As MadisonSquareGarden completes its spin off of its entertainment assets from its sports teams, the Hollywood side is adding to its executive ranks

As Madison Square Garden completes its spin off of its entertainment assets from its sports teams, the Hollywood side is adding to its executive ranks.

MSG Entertainment consists of venues that include its namesake New York arena, Tao Hospitality group as well as Radio City Music Hall, the Upper West Side's Beacon Theatre as well as The Chicago Theatre, among other locations. Earlier this month, on April 6, the company noted that "virtually all of our business operations are shut down and it is not clear when those operations will resume" due to the novel coronavirus pandemic that has limited public gatherings. MSG disclosed that it will "continue to be impacted throughout the month of May. We are not recognizing any revenue from those events and it is unclear whether and to what extent those events will be rescheduled.

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