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
Nielsen Mid-Year Report: Overall U.S. Music Consumption Up 14%
July 2, 2015
Report: Facebook In Talks With Major Labels
In Brief - July 2, 2015
July 1, 2015
American General Media Names Picazzo Stevens PD At KAGM & KDLW/Albuquerque
Brandi Young Named SVP Of Sales For iHeartMedia Phoenix
Cumulus Media & Audioboom Announce Strategic Partnership
In Brief - July 1, 2015
June 30, 2015
iHeartRadio Takes Flight With Virgin America
Meredith Gardner & Josh Kahn Promoted To VPs of Digital Marketing & Product
In Brief - June 30, 2015
June 29, 2015
Alpha Media Louisville Names Otis Program Director/Afternoon Host At WDJX
Broadcasters Foundation Of America Names Dan Mason Co-Vice Chairman/Treasurer
JJ Kincaid Set To Wake Up Denver
BMG Acquires Verse Music Group
In Brief - June 29, 2015
June 26, 2015
eQB NOW
Sirius XM Agrees To Pay For Recordings Released Before 1972
Cumulus Names Troy Hanson PD At WKQX/Chicago
Brandon "Buster" Satterfield Joins Atlantic Records
June 25, 2015
Taylor Swift To Put 1989 On Apple Music
WLTW/New York To Celebrate 15 Years Of Broadway In Bryant Park
Report: Six Main Causes of Lost Quarter Hours
June 24, 2015
iHeartMedia Austin Names Zach Dillon Program Director For KHFI
Music News
Demi Lovato Is Feeling "Cool for the Summer"
Quick Hits: Rihanna, Taylor Swift / album sales, Prince
Rockers Breaking Benjamin Land Their First #1 Album
Quick Hits: Rihanna, Robin Thicke, Apple Music, Prince
Chris Brown, Beyoncé Top BET Award Winners
Quick Hits: Shinedown, Rob Thomas, Foo Fighters, AC/DC, Kings of Leon
Yes Bassist Chris Squire Passes Away
FMQB Photo Pass: Rush
Quick Hits: Demi Lovato, Jessie J, Billboard Hot 100 Music Festival
Beyonce & The Weeknd Headlining Made In America Festival
Quick Hits: Pharrell & Adele, Eminem / Southpaw soundtrack, Legacy of Hope concert
Quick Hits: Apple Music, Chris Brown
Quick Hits: Billboard 200, BET Awards, Smashing Pumpkins, Tyga, Riot Fest, The Neighbourhood, Marina and the Diamonds, Roger Waters
Disturbed Ends Four-Year Hiatus with Immortalized
Quick Hits: Janet Jackson, Nickelback, Tove Lo, Rod Stewart, Grateful Dead, James Horner, Hollywood Walk of Fame
FMQB NOW

Brian Mack, PD
WXXL/Orlando

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!