Bob Pollichino to Retire as Chief Financial Officer of The Madison Square Garden Company This Fall

Bob Pollichino to Retire as Chief Financial Officer of The Madison Square
Garden Company This Fall

NEW YORK, Jan. 6, 2014 (GLOBE NEWSWIRE) -- The Madison Square Garden Company
(Nasdaq:MSG) today announced that Bob Pollichino will retire as executive vice
president and chief financial officer in the fall of 2014. Until then, Mr.
Pollichino will continue with the company, while assisting with the search for
his successor, which the company is commencing. After his retirement, Mr.
Pollichino will continue to advise MSG as an active consultant for 12 months.

Mr. Pollichino's 36-year career began at Cablevision Systems Corporation in
1977, after which, in 1980, he was a key participant in the founding of
Rainbow Programming, the precursor to AMC Networks, before moving to MSG in
1998. Throughout his tenure, he has been responsible for advising executive
management on key financial and operational matters and, at MSG, has helped
the company grow into one of the world's leading sports, media and
entertainment companies. This includes playing a critical role in MSG's
spin-off from Cablevision in 2010. Other key strategic highlights include the
addition of three venues – the Beacon Theatre, The Chicago Theatre and the
Forum in Inglewood, CA – as well as the company's unprecedented, three-year
Transformation of Madison Square Garden. Mr. Pollichino has also served on the
board of the Garden of Dreams Foundation, a non-profit organization that works
closely with all areas of MSG to help brighten the lives of children facing
obstacles, since the organization's inception in 2006.

"Thanks to Bob's numerous and immeasurable contributions during his long
career at MSG, the company has built and maintained its strong financial
position while establishing important relationships with our business partners
in the financial community," said Hank Ratner, president and CEO, The Madison
Square Garden Company. "We are pleased that Bob will be helping us through the
transition this year as his enormous experience and history with the company
continues to be invaluable."

"I would like to thank the company for allowing me to play such an integral
role in the evolution of MSG.It has been an honor to have worked closely with
so many talented people and I could not be more proud of the company's
accomplishments and of its position today as a world-class sports, media and
entertainment company with terrific assets and enormous opportunities. As I
prepare to leave at the end of the year, I am confident that the company is
poised to continue its excellent performance in the years ahead," said Mr.
Pollichino.

The Madison Square Garden Company is a fully integrated sports, media and
entertainment business. The Company is comprised of three business segments:
MSG Sports, MSG Media and MSG Entertainment, which are strategically aligned
to work together to drive the Company's overall business, which is built on a
foundation of iconic venues and compelling content that the Company creates,
produces, presents and/or distributes through its programming networks and
other media assets. MSG Sports owns and operates the following sports
franchises: the New York Knicks (NBA), the New York Rangers (NHL), the New
York Liberty (WNBA), and the Hartford Wolf Pack (AHL). MSG Sports also
features the presentation of a wide variety of live sporting events including
professional boxing, college basketball, bull riding and tennis. MSG Media is
a leader in production and content development for multiple distribution
platforms, including content originating from the Company's venues. MSG
Media's television networks consist of regional sports networks, MSG Network
and MSG+, collectively referred to as MSG Networks; and Fuse, a national
television network dedicated to music.MSG Networks also include
high-definition channels, MSG HD and MSG+ HD, and Fuse includes its
high-definition channel, Fuse HD.MSG Entertainment is one of the country's
leaders in live entertainment. MSG Entertainment creates, produces and/or
presents a variety of live productions, including the Radio City Christmas
Spectacular featuring the Radio City Rockettes.MSG Entertainment also
presents or hosts other live entertainment events such as concerts, family
shows and special events in the Company's diverse collection of venues. These
venues consist of Madison Square Garden, The Theater at Madison Square Garden,
Radio City Music Hall, the Beacon Theatre, the Forum in Inglewood, CA, The
Chicago Theatre, and the Wang Theatre in Boston, MA. More information is
available at www.themadisonsquaregardencompany.com.

The Madison Square Garden Company logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15647

CONTACT: Kim Kerns
         212-465-6442
         Kimberly.Kerns@msg.com

The Madison Square Garden Company logo