Azoff MSG Entertainment Acquires 50% of Levity Entertainment Group
June 10, 2014

Azoff MSG Entertainment (AMSGE), the joint venture between Azoff Music Management and the Madison Square Garden Company, announced today the acquisition of a 50 percent stake in Levity Entertainment Group (LEG). Partnership with LEG, a national platform of live comedy venues, a premier comedy and reality television content production unit, talent management and online digital services, bolsters AMSGEs growing portfolio of media companies. 

We are thrilled to have LEG join the AMSGE family, said Irving Azoff, CEO of AMSGE. Robert Hartmann, Stu Schreiberg, Norm Aladjem, and Judi Brown-Marmel have built a unique ecosystem to identify talent and provide them with career and content opportunities that extend across multiple distribution platforms worldwide.

The vertically integrated company is one of the largest buyers of live comedy in the U.S., servicing tours, festivals, cruise lines and its own network of comedy clubs. Additionally, the company currently represents approximately 70 artists including Jeff Dunham, Jenny McCarthy and Aaron McGruder, and has produced over 1000 hours of television programming. LEGs digital group, which provides social media services to individuals and brands, also owns Sideshow Network, a comedy and lifestyle podcast aggregator currently averaging over 5 million downloads per month.

"The partnership with AMSGE brings us a wealth of resources and relationships that will further allow us to grow our clients' careers and our overall business," said LEG CEO Robert Hartmann. "There is only one Irving - his knowledge and experience is unprecedented.  I also happen to think he has a promising future as a stand-up."

Levity Entertainment Group was created in a 2009 merger between Levity Management and Triage Entertainment. LEG has four divisions: Live, Management, Production and Digital.  

Over the past 12 months, AMSGE has also acquired interests in Burns Entertainment; Pop2Life, an experiential marketing company; and Digital Brand Architects, a digital management and creative services company.

LionTree Advisors acted as financial advisor on the acquisition




 
Breaking News
Entercom Sacramento Names Lance Richard VP/Market Manager
The Week In Review: 4/13-4/17
Albie Dee Named Program Director of WOCQ/Ocean City-Salisbury
FCC Chairman Tom Wheeler Announces Staff Changes
Warner Bros. Records Bolsters Brand Partnerships & Creative Synch Licensing Team
In Brief - April 17, 2015
April 16, 2015
Sean Shannon Named VP/Market Manager For Cumulus Atlanta
Sara Morris Joins iHeartMedia's Government Affairs Team
TuneCore Combines Forces With Believe Digital
Spotify Launches Playlist Targeting For Brands
AudioHQ & TuneIn Announce Exclusive In-Stream Audio Ad Sales Partnership
In Brief - April 16, 2015
April 15, 2015
UMG And Class Action Attorneys Propose Settlement Agreement On Digital Download Royalties
WMTX/Tampa Names Randi West Program Director
John Boyle Appointed PD At WSJZ/Melbourne
Marketron's Mediascape Platform Expands With Launch Of Mediascape Orders 360
In Brief - April 15, 2015
April 14, 2015
Rick Vaughn Joins Cumulus Salt Lake City As PD Of KBER & KHTB
Salem Communications Expands Partnership With Clip Interactive
CR Media Names JP Lespinasse Chief Marketing Officer
2015 NAB Crystal Radio Award Winners Announced
In Brief - April 14, 2015
April 13, 2015
CBS RADIO President/CEO Dan Mason Announces Retirement
The Week In Review: 4/6-4/10
Andre J. Fernandez Named President Of CBS RADIO
Def Jam Recordings Names Faisel Durrani EVP/GM
Music News
Green Day, Ringo & More Inducted Into The Rock Hall Of Fame
Quick Hits: Giorgio Moroder / Britney Spears, Green Day, Black Sabbath, Deftones & Incubus
Quick Hits: Black Sabbath & Bill Ward, Converse Rubber Tracks Live festival, Summer Set Music & Camping Festival, Sia, Josh Groban
Thanks To Wiz Khalifa Hit, Furious 7 Soundtrack Hits #1
Quick Hits: Iggy Azalea, Glastonbury, Florence + The Machine, Summerfest, Hinder
Drake Plans Summer Jungle Tour
Quick Hits: One Direction, Jack White, Billboard Music Awards, 10 Years, Loudwire Music Festival, Pete Townshend & Eddie Vedder, Percy Sledge
Mariah Carey's Epic Deal Is Official
Quick Hits: Shinedown, Mumford & Sons, Justin Timberlake, Sublime With Rome, David Letterman musical guests, Mayhem Festival
Mumford & Sons Explain Sonic Change
Quick Hits: The Grateful Dead, AC/DC, Blur
Miley Cyrus To Induct Joan Jett at Rock Hall
Quick Hits: Mumford & Sons, Black Sabbath, Tyler, the Creator
Wale's Seinfeld-Inspired Album About Nothing Debuts At #1
Quick Hits: Quebec City Summer Festival, Death Cab For Cutie, Mariah Carey, Vans Warped Tour
FMQB NOW

Skywalker, APD
WSPK (K104)
Hudson Valley

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!