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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001209191-10-008616.txt : 20100211
<SEC-HEADER>0001209191-10-008616.hdr.sgml : 20100211
<ACCEPTANCE-DATETIME>20100211164630
ACCESSION NUMBER:		0001209191-10-008616
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100209
FILED AS OF DATE:		20100211
DATE AS OF CHANGE:		20100211

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TESE VINCENT
		CENTRAL INDEX KEY:			0001042445

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34434
		FILM NUMBER:		10592441

	MAIL ADDRESS:	
		STREET 1:		245 PARK AVE
		STREET 2:		19TH FL.
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10167

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Madison Square Garden, Inc.
		CENTRAL INDEX KEY:			0001469372
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		IRS NUMBER:				270624498
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		TWO PENN PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10121
		BUSINESS PHONE:		(212)465-6000

	MAIL ADDRESS:	
		STREET 1:		TWO PENN PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10121
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c96015_4x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
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    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-02-09</periodOfReport>

    <issuer>
        <issuerCik>0001469372</issuerCik>
        <issuerName>Madison Square Garden, Inc.</issuerName>
        <issuerTradingSymbol>MSG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001042445</rptOwnerCik>
            <rptOwnerName>TESE VINCENT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>TWO PENN PLAZA</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10121</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
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            <securityTitle>
                <value>Madison Square Garden, Inc. Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-02-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
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                    <footnoteId id="F1"/>
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                <transactionShares>
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                    <footnoteId id="F1"/>
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                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
                </directOrIndirectOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Madison Square Garden, Inc. Class A Common Stock</value>
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            <transactionDate>
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            <transactionCoding>
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                    <footnoteId id="F1"/>
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                <transactionAcquiredDisposedCode>
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            </transactionAmounts>
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                <sharesOwnedFollowingTransaction>
                    <value>5079</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Represents Class A Common Stock received by the Reporting Person in connection with the legal and structural separation of MSG from Cablevision Systems Corporation,and granted pursuant to the Madison Square Garden, Inc. 2010 Non-Employee Director Stock Plan, in a transaction exempt under Rules 16a-9 or 16b-6, and 16b-3.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Vincent Tese</signatureName>
        <signatureDate>2010-02-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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