Here’s one way to utilize a closed theater: Trey Anastasio and MSG Entertainment announced The Beacon Jams, an eight-week virtual residency at New York’s Beacon Theatre to be streamed for free exclusively on Twitch. (more…)
Archive | Business
MSG Entertainment posts 4Q loss, pushes MSG Sphere opening to 2023
Madison Square Garden Entertainment Corp. saw a 96 percent drop in revenues for the fiscal 2020 fourth quarter ending June 30, leading to an operating loss of $59.8 million and an adjusted operating loss of $43.3 million in fiscal 2020. (more…)
PointsBet inks major Pepsi Center gambling deal
PointsBet will partner with Kroenke Sports & Entertainment on a major Pepsi Center gambling deal, running across Denver Nuggets (NBA), Colorado Avalanche (NHL), Colorado Mammoth (NLL) games and broadcasts on Altitude TV and Altitude Sports Radio. (more…)
Rebranding: Sprint Center is now T-Mobile Center
The former Sprint Center in downtown Kansas City is now T-Mobile Center, as a telecom merger yields a new name and branding for the popular venue. (more…)
With no NHL or concerts, Nassau Coliseum shuttered
Nassau Coliseum operator Mikhail Prokhorov is shuttering the arena indefinitely, as he attempts to sell his management contract in the wake of an uncertain venue future due to the coronavirus pandemic. (more…)
CBS Sports, William Hill Announce Partnership
Sports book operator William Hill has partnered with CBS Sports, making it the Official Sports Book and Wagering Data Provider across all CBS Sports platforms. The partnership begins with initial integrations in March on CBS Sports digital platforms, with a full rollout planned for fantasy football season. (more…)
Live Nation, Ticketmaster Sanctioned by U.S. Government
Live Nation Entertainment will curtail efforts to link concert bookings with venues forced to enter ticketing agreements with subsidiary Ticketmaster, as the U.S. Justice Department strengthens the antitrust measures first adopted in 2010. (more…)
ASM Global Executive Leadership Team Unveiled
Venue management and services firm ASM Global has announced its executive leadership team, which will report to President and CEO Bob Newman. (more…)
ASM Global Unveiled as AEG Facilities and SMG Complete Merger
AEG Facilities and SMG, a portfolio company of Onex, have completed their merger, combining to create the new standalone global facility management and venue services firm ASM Global. (more…)
AEG Extends Toshiba Partnership
AEG and Toshiba America Business Solutions have extended their partnership across several of AEG’s flagship assets, part of a multiyear, multimillion-dollar renewal agreement. (more…)
London-Based Oak View Group International Launches
Oak View Group is launching Oak View Group International, a London-based entity that will explore opportunities in the UK, Europe, Asia, and Middle East. The announcement was made in London today at the International Live Music Conference. (more…)
AEG Facilities, SMG to Merge as ASM Global
Plans for a significant merger in the facility management industry are taking shape, as AEG Facilities will merge with Onex-owned SMG to form ASM Global. Onex and AEG’s subsidiary will each own 50 percent of the company following the completion of the transaction. (more…)