NEW YORK, N.Y., May 18, 2020 – Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) today reported financial results for the fiscal third quarter ended March 31, 2020. This marks the first quarter that MSG Entertainment is reporting financial results as a standalone company, following its spin-off from Madison Square Garden Sports Corp. (“MSG Sports”), which was completed on April 17, 2020.
Executive Chairman and CEO James L. Dolan said, “With the MSG Entertainment spin-off complete, we believe we have created a company that will expand on our track record of creating long-term value for shareholders. Our Company has been in the business of bringing people together for decades, and we are confident that we are well-positioned to weather these uncertain times. We believe the public’s innate desire to be part of shared experiences will continue and we look forward to opening our doors for unforgettable events yet to come.”