March 17, 2010

Madison Square Garden Names Ari Danes, CFA, Vice President, Investor Relations

NEW YORK, Mar 17, 2010 (GlobeNewswire via COMTEX News Network) -- Madison Square Garden, Inc. (Nasdaq:MSG) announced today it has named Ari Danes, CFA, to the newly created position of vice president, investor relations. In this role, Mr. Danes will be responsible for the planning and direction of all aspects of investor relations policies, objectives and initiatives including communications with the analyst and investment communities. On an interim basis, Mr. Danes will report to Robert Pollichino, executive vice president and chief financial officer.

Mr. Pollichino said, "Ari is an experienced professional with an exceptional background in finance as well as a thorough knowledge of the media, entertainment and cable businesses from his experience as a research analyst. We look forward to his valued perspective as Madison Square Garden builds its relationship with our analyst and shareholder community."

Most recently, Mr. Danes was an equity research analyst with Pali Capital, covering companies in the media, entertainment and cable sectors including Cablevision, Comcast, Discovery Communications, News Corp., Time Warner, Walt Disney and Viacom. Previously, he was an associate with Citigroup Investment Research from 2005 to 2008, where he covered the radio broadcasting, satellite radio and outdoor advertising sectors. Mr. Danes began his career in 1998 with Goldman Sachs & Co., and advanced from a financial analyst in the Investment Management Division to an associate in Global Investment Research.

Mr. Danes holds the Chartered Financial Analyst(R) designation and a Bachelor of Arts in Economics from New York University. He currently holds NASD Series 7, 63, 86 and 87 licenses.

About Madison Square Garden

Madison Square Garden is a fully-integrated sports, entertainment and media business. The company is comprised of three business segments: MSG Sports, MSG Entertainment and MSG Media, which are strategically aligned to work together to drive MSG's overall business, which is built on a foundation of iconic venues and compelling content that MSG creates, produces, presents and/or distributes through its programming networks and other media assets. MSG Sports consists of owning and operating sports franchises, including the New York Knicks (NBA), the New York Rangers (NHL), the New York Liberty (WNBA), and the Hartford Wolf Pack (AHL). MSG Sports also features other sports properties, including the presentation of a wide variety of live sporting events including professional boxing, college basketball, track and field and tennis. MSG Entertainment is one of the country's leaders in live entertainment. MSG Entertainment creates, produces and/or presents a variety of live productions, including the Radio City Christmas Spectacular featuring the Radio City Rockettes, throughout the country. MSG Entertainment also presents or hosts other live entertainment events such as concerts, family shows and special events in MSG's diverse collection of venues. These venues include Madison Square Garden, Radio City Music Hall, the Theater at Madison Square Garden, the Beacon Theatre, the Chicago Theatre and the Wang Theatre. MSG Media is a leader in production and content development for multiple distribution platforms, including content originating from MSG's venues. MSG Media consists of the MSG Networks (MSG network, MSG Plus, MSG HD and MSG Plus HD) regional sports networks and the Fuse Networks (Fuse and Fuse HD), a national television network dedicated to music. MSG Media is also responsible for managing interactive initiatives across all business segments. More information is available at www.msg.com.

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SOURCE: Madison Square Garden, Inc.

CONTACT:  Madison Square Garden
Ari Danes, Vice President, Investor Relations
(212) 465-6072
Keil Decker, Vice President, Financial Communications
(212) 465-5925

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