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 AMSGE’s 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. LEG’s 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
Scripps, Journal Merging Broadcast Operations, Spinning off Newspapers
New Research From Coleman Insights And knowDigital Finds Strong Demand For NextRadio
Cumulus Announces Multi-Platform News Service Powered by CNN Newsgathering Resources
In Brief - July 31, 2014
July 30, 2014
Nielsen Reports Second Quarter 2014 Results
WRQX's Marc Orem Named Cumulus' "CBOS Star of the Week"
In Brief - July 30, 2014
FMQB FYI... Links You Should Know About
July 29, 2014
SiriusXM Reports Second Quarter 2014 Results
Do It For Kidd
In Brief - July 29, 2014
July 28, 2014
CCM+E Names Maynard SVP of Programming
Bob Rivers Ending Long-Running Morning Show
In Brief - July 28, 2014
July 25, 2014
eQB NOW
The Week In Review: 7/21-7/25
Pandora Reports Increase In Revenue, Net Loss In Q2
WRQX/Washington, D.C. Announces New Morning Show
In Brief - July 25, 2014
July 24, 2014
WQHT (HOT 97) New York Names Jay Dixon As Program Director
Townsquare Media, Inc. Announces Pricing of Initial Public Offering
iHeartRadio Survey Reveals Funniest Woman in America + Best Disney Song Ever
In Brief - July 24, 2014
July 23, 2014
Taylor Swift, Coldplay & More To Headline 2014 iHeartRadio Music Festival
Music News
Lorde Pens New Hunger Games Song
Quick Hits: Katy Perry, Alicia Keys & Swizz Beatz, Enrique Iglesias & Pitbull, Sixx:A.M., Fitz and The Tantrums
5 Seconds Of Summer Debut At #1, Announce 2015 Tour
Quick Hits: Foo Fighters, Iggy Azalea, Virgin Free Fest, Maynard James Keenan
Lady Gaga & Tony Bennett Jazz Album Officially Announced
Quick Hits: Jessie J + Ariana Grande + Nicki Minaj, Muse, TV On the Radio, Hozier, Primus, Led Zeppelin
FMQB Retro-Active: Ken Sharp Gets Up Close with Graham Nash and Tom Petty
Quick Hits: Nicki Minaj, Fences / Macklemore & Ryan Lewis, Courtney Love / Kurt Cobain biopic, Wings, Bleachers
The Week In Review: 7/21-7/25
Quick Hits: Lil Wayne, Metallica, Pearl Jam, Lionel Richie
MTV Names Iggy Azalea New Host Of House Of Style
Quick Hits: Farm Aid 2014, Beyoncé, Ozzy Osbourne, Stevie Nicks
"Weird Al" Yankovic Lands First #1 Album Of His Career
Quick Hits: Hilary Duff, Pharrell & Miley Cyrus, Jack White, Ryan Adams, Mudvayne / Greg Tribbett
Godsmack Unleashes Epic "Generation Day"
FMQB NOW

Farshad Family, SVP
Local Media Product Leadership
Nielsen Audio

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!