Madison Square Garden gets into the management game
Madison Square Garden, the storied New York City sports and entertainment venue owned by the Dolan family’s Cablevision Systems Corp, is getting further into the music business with a deal to take a minority stake in artist management company Front Line, it said on Wednesday.
Front Line’s backers seem to be the who’s who of New York media moguldom with stakeholders like Barry Diller’s IAC Interactive and Edgar Bronfman Jr’s Warner Music Group.
Front Line, led by Irving Azoff, is described as the world’s largest personal music management firm with artist clients including the Eagles, Jimmy Buffett, Neil Diamond and Christina Aguilera.
Perhaps it was too hard to find a manager for Cablevision CEO Jim Dolan’s band JD & The Straight Shot without buying one.