MOVEMENT AT MSG: WILL COHEN HELP LOCATE NEW ARENA?

          MSG named JOSEPH COHEN to the newly created position of
     Exec VP/Development, where he will explore options for a
     renovated MSG or a new arena.  Cohen, who has been MSG Exec
     VP since '95, joined the company in '70 and was the founder
     and principal architect of MSG Network (MSG).  Cohen: "We
     have not ruled out a renovation of the Garden, but a new
     building would seem to be the best solution."  Cohen "could
     not offer a specific timetable," but said that "ideally," it
     "would be done within six years" (NEWSDAY, 9/15).
          OTHER MSG MOVES: MSG also named MIKE MCCARTHY as Exec
     VP of MSG Networks, where he will be responsible for the
     entire operation of MSG Network, FSN N.Y. and for all of
     MSG's new media initiatives.  McCarthy, who will report to
     MSG COO SETH ABRAHAM, served as Exec Producer since '92. 
     Additionally, MSG named JOE GANGONE as Exec VP/MSG Ad Sales. 
     Gangone has served as Senior VP/Ad Sales since '95 (MSG).