MSG Sports to Spin Off New York Rangers into New Public Company (MSG Rangers Corp.)

Comcast Plans Tax-Free Spin-Off of NBCUniversal and Sky

June 29, 2026

Media & Entertainment

Comcast announced plans to separate into two independent, publicly traded companies via a tax-free spin-off of NBCUniversal and Sky. Upon completion, Comcast shareholders will own shares in both Comcast and NBCUniversal, with the separation expected to close in about one year subject to customary approvals.

Goldman Sachs Alternatives Acquires Minority Stake in Excel Sports Management

November 1, 2025

Professional Services

Goldman Sachs Alternatives agreed to acquire a stake in Excel Sports Management, a New York-based sports agency, to support its next phase of international growth. The partnership will back expansion of Excel’s global presence across sports, media, and sponsorship, including investments in technology and data-driven capabilities. Shamrock Capital, which previously held a minority stake since 2020, will exit as part of the transaction; terms were not disclosed and the deal is subject to regulatory approvals.

MSG Distributors Acquires Boxed.com

August 18, 2023

E-Commerce

MSG Distributors, Inc. completed an all-cash acquisition of Boxed.com and related intellectual property and affiliates from Boxed, Inc.'s estate. The deal gives MSG the Boxed brand, site and IP and is intended to expand MSG's distribution, fulfillment and e-commerce capabilities nationwide while preserving service for Boxed customers and vendors.

MSP Sports Capital Acquires Majority Interest in X Games from ESPN

October 26, 2022

Media & Entertainment

MSP Sports Capital acquired a majority (controlling) interest in the X Games from ESPN Productions, Inc., with ESPN retaining a minority, non-controlling stake and remaining the domestic linear broadcast partner under a multi-year agreement. MSP will assume day-to-day operational control of the X Games, appointing Steven Flisler as CEO, and has enlisted Tony Hawk as a brand steward as it seeks to reinvigorate the action-sports property and expand fan experiences.

Buffalo Groupe Acquires Sports Marketing Surveys USA (SMS)

October 12, 2022

Marketing & Advertising

Buffalo Groupe, LLC has acquired Sports Marketing Surveys USA (SMS), expanding Buffalo Groupe's research and insights capabilities across golf, outdoor recreation and related active-sport categories. SMS and its ActionWatch subsidiary will be integrated with Buffalo Groupe’s Longitudes Group to provide a broader suite of syndicated and custom sports market research and consumer insights.

MSG Entertainment Acquires MSG Networks

March 26, 2021

Media & Entertainment

Madison Square Garden Entertainment Corp. (MSG Entertainment) acquired MSG Networks, Inc. in an all-stock, tax-free transaction in which MSG Networks shareholders received 0.172 shares of MSG Entertainment for each MSG Networks share. The combination creates a larger entertainment and media platform with greater revenue diversification, enhanced financial flexibility, tax benefits and opportunities to pursue initiatives such as mobile sports gaming and the MSG Sphere venue project.