-- Madison Square Garden, Inc., reported revenue of $306.5 million in Q1 2010, up from $281.3 million last year. Net income was $17.4 million, up from a net loss of $1.9 million. MSG Entertainment, the company's venue business, experienced a 9% gain in revenue to $41.5 million and a 7% improvement in operating loss of $16.3 million. MSG Media, which includes the MSG cable network, had a healthy operating income of $55.8 million on revenue of $139.5 million. MSG Sports, the company's collection of professional sports teams, had revenue of $142.7 million and an operating loss of $100,000. (Press release)

-- Live Nation has borrowed $1.2 billion to refinance its debt. The loans replace the two merged companies' previous credit facilities and give the company an additional $300 million borrowing capacity. (Bloomberg)

-- TicketFly is considering using secondary ticketing sites to act as a sales channel to sell tickets at face value - not at a premium. CEO Andrew Dreskin did not give Ticket News specifics on which secondary sites the company would approach. The Ticketmaster-Live Nation has been good for TicketFly's business, says Dreskin, as companies seek an alternative ticketing company. But TicketFly has a long way to go. Harnessing the sales power of secondary sites is a nontraditional move but the kind of tactic a smaller competitor will need to chip away at Live Nation. (Ticket News)

-- Here's one good way to use location-based social app Foursquare: The Roxy in LA offered a free CD to guests who show they have checked in on Foursquare. The offer was made through a "Special Here" promotion. Foursquare users click on that button to see what special is being offered by a nearby business. "The Roxy welcomes Sara Haze!" it reads. "Show this check in at the merch booth for a free Sara CD of your choice!" To date, The Roxy has received 840 check-ins from 439 unique users. Those are incredible numbers, but they're large enough to show Foursquare marketing can be useful. In comparison, New York's Bowery Ballroom has 2,214 check-ins from 1,438 unique users. (The Roxy's Foursquare page)

-- While Billboard has written quite a bit about Foursquare, Facebook's entry into location-based social media cannot be overlooked. AdAge reports McDonald's is working on a campaign that includes a media buy (through digital agency Tribal DDB, Chicago) and a mobile app built on Facebook's API that will allow customers to send alerts when they check in at a restaurant. (AdAge.com)

-- The Microsoft Kin phone is available for online order at Verizon Wireless - without an option to subscribe to the Zune Pass subscription service. Writes Matt Rosoff: "I think bundling is the only way subscription-based music services will ever work. Customers balk at paying yet another bill 'just for music,' but $14.99 doesn't look like all that much when it's part of a $100 phone bill." (Digital Noise)