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
Emmis Announces Second Quarter Earnings
WiLD 94.9 Names Julian On The Radio Afternoon Drive Host
Entercom Atlanta Promotes Michael Chase to Director of Marketing & Promotions At Star 94
KNEV/Reno Turns On Classic Hip Hop
Benztown Partners With Dash Radio
October 7, 2015
Ellen K To Launch A New Morning Show On KOST/Los Angeles
Pandora To Acquire Ticketfly
Slow Jams Launches New Throwback Edition
Steven Meyers Promoted To Director/Digital Operations At Greater Media
October 6, 2015
Bubba The Love Sponge Apologizes For Ratings Tampering
Cumulus Launches Classic Hip Hop 98.3 The Vibe
Jon Platt Named CEO At Warner/Chappell
CBS Radio Names Sam Rogers VP, National Sales & Corporate Partnerships
In Brief - October 6, 2015
October 5, 2015
Beasley Media Group Announces Actions Against Todd Clem AKA, ‘Bubba The Love Sponge’
iHeartMedia Presents "iHeartRadio Jingle Ball 2015 Concert Tour"
Steve Mills Named iHeartMedia’s Chief Information Officer
Puff Daddy Brings Bad Boy To Epic Records
Charlamagne Tha God Renews With iHeartMedia
In Brief - October 5, 2015
October 2, 2015
2015 NAB Marconi Radio Award Winners Announced
In Brief - October 2, 2015
October 1, 2015
Cumulus Announces Programming Moves In Indianapolis & Atlanta
iHeartMedia Savannah Names Jonathan "JR" Reed Program Director At WAEV
Concord Bicycle Music Announces Major Strategic Investment In Razor & Tie Enterprises LLC
Music News
Janet Jackson, N.W.A. and More Up For Rock Hall
Quick Hits: Rihanna, Ciara, Deadmau5
Selena Gomez Maps Out Revival Tour
Quick Hits: RIAA Gold & Platinum, Cage The Elephant, Kurt Cobain, American Music Awards / Jennifer Lopez
Quick Hits: Kendrick Lamar, Brian Fallon, Ten Commandos, The Cure, Lollapalooza South America, JoJo, Courtney Barnett
Fetty Wap Debuts Atop Billboard 200 Chart
Quick Hits: Miley Cyrus & Flaming Lips, Will Smith, Maynard James Keenan, Ben Folds
Deluxe Edition of Sam Smith's In The Lonely Hour Announced
Quick Hits: Selena Gomez, Miley Cyrus, Megadeth, Beastie Boys
Quick Hits: Fifth Harmony, Train's Pat Monahan, Seal, Roger Waters
Beyoncé, Jay Z & Prince Headlining Massive TIDAL X Charity Concert
Quick Hits: The Who, Ed Sheeran, Bleachers, American Music Awards, Katy Perry / Sting, Austin City Limits
Quick Hits: Nicki Minaj, Lady Gaga, Kendrick Lamar
Seven New Albums Debut In Billboard 200's Top Ten
Quick Hits: Kelly Clarkson, Fetty Wap, Corey Taylor

Mark Adams
San Francisco

FMQB Member Login

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