Executive Turntable: Epic Records names CFO, StageIt hires new team as livestreams surge
Elizabeth Moody
The new hires come during an enormous surge in business for StageIt, which claims a 5,000% increase in shows and revenue during the coronavirus pandemic. In a statement announcing the new team members, Lowenstein noted that the company has paid out over $4 million in revenue to performers over the past 90 days.
The first MSG Sphere is currently under construction in Las Vegas, while there are also plans to build the first overseas location in London. MSG Entertainment is additionally opening a 48,5000 square-foot space at Burbank Studios in Los Angeles, which will be used by MSG Sphere Studios, MSG Ventures and other MSG Entertainment employees.
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