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Billy Joel Concerts Help To Boost Revenue At Madison Square Garden

“The Piano Man” helped Madison Square Garden hit the right note in its latest earnings report.

MSG reported a better-than-expected 12 percent rise in revenue in the quarter ended Sept. 30. Revenue reflects a 128 percent jump at the entertainment division that includes the newly refurbished arena, where Billy Joel has been playing a once-a-month concert series to sold-out audiences since January.

“Friday is a time slot that’s in demand. Any act wants that time slot but having Billy Joel there makes a difference, especially in the summer,” said Albert Fried & Co. analyst Richard Tullo.

Read more at the New York Post.