Oak View Group Together With MSG Entertainment And Sphere Entertainment Announce Formation Of 'Crown Properties Collection' To Manage Elite Venue Partnerships And Sponsorships Worldwide
Portfolio Pulse from Happy Mohamed
Madison Square Garden Entertainment Corp. (MSGE) and Sphere Entertainment Co. (SPHR), along with Oak View Group (OVG), have announced the formation of Crown Properties Collection (CPC). This new entity will manage partnerships with sports and entertainment brands and venues worldwide. Jay Voelker, an industry veteran, will lead CPC as president. CPC will oversee the global partnership and sponsorship representation of all brands and properties across the MSG family of companies, including Sphere, Madison Square Garden, and others.
September 07, 2023 | 8:36 pm
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POSITIVE IMPACT
MSGE is part of the founding group of Crown Properties Collection, a new entity that will manage global partnerships with sports and entertainment brands and venues.
The formation of CPC could potentially increase MSGE's global reach and influence in the sports and entertainment industry, which could positively impact its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SPHR is part of the founding group of Crown Properties Collection, a new entity that will manage global partnerships with sports and entertainment brands and venues.
The formation of CPC could potentially increase SPHR's global reach and influence in the sports and entertainment industry, which could positively impact its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100