Ballmer Has Deal to Buy Forum for $400M in Cash
The Forum has been strictly a music venue since 2014 after a $100M renovation by The Madison...
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Tag: Madison Square Garden Co.
Ballmer in Talks to Buy Forum From MSG
The Forum in Inglewood, Calif., is owned by The Madison Square Garden Co., which made it a music-only venue. Move by Clippers’ owner comes amid legal fight over planned arena Steve Ballmer, owner of the NBA’s Los Angeles Clippers, is in negotiations to buy the Forum from The Madison Square Garden Co., according to a source as well as multiple published reports that surfaced Sunday night and which ESPN.com first broke. The news comes amid a legal battle between MSG and both the city of Inglewood and Ballmer dating to 2018 and stemming from Ballmer’s intention to develop a nearby arena estimated to cost $1 billion. The Clippers issued the following statement: “The Clippers continue to pursue plans to build a state-of-the-art, 18,000-seat basketball arena and entertainment complex in Inglewood and are currently working with the city to successfully complete the comprehensive Environmental Impact Report. We are examining every possible way… Continue Reading Ballmer in Talks to Buy Forum From MSG
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MSG Hires Ahead of Sphere Project
Kristina Reed (left) and Brittany Greenbaum. (Courtesy MSG) Oscar-winner Reed arrives from Disney, Greenbaum from iHeartRadio The Madison Square Garden Co. is beefing up staff for its coming Sphere project and its MSG Live division. Academy Award-winning producer and creator Kristina Reed has joined MSG as senior vice president of creative development and strategy. In the newly created position, Reed will drive the development of creative content for the MSG Sphere venues. Most recently, Reed was vice president of production at Disney Television Animation, overseeing development slate strategy and pilot production for Disney Channels Worldwide. She spent seven years at Disney Animation Studios and has also worked for DreamWorks Animation. Reed has produced two Academy Award-winning short films, “Paperman” in 2013 and “Feast” in 2015, and co-produced a third Academy Award winner, “Big Hero 6,” in 2015. Brittany Greenbaum joined MSG Live as director of artist relations, also a newly… Continue Reading MSG Hires Ahead of Sphere Project
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