-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PXuJAXx9IEqiguOOwWn0yyCdlq6I6j2TVqWtR/biBL6agiBcaFbTey2YNaHkSTKE
 KklyK6/aRPZX6gJfZs5DcA==

<SEC-DOCUMENT>0001209191-10-008612.txt : 20100211
<SEC-HEADER>0001209191-10-008612.hdr.sgml : 20100211
<ACCEPTANCE-DATETIME>20100211164517
ACCESSION NUMBER:		0001209191-10-008612
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:			DOLAN-SWEENEY DEBORAH A
		CENTRAL INDEX KEY:			0000933025

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34434
		FILM NUMBER:		10592430

	FORMER NAME:	
		FORMER CONFORMED NAME:	DOLAN DEBORAH ANN
		DATE OF NAME CHANGE:	19941121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sweeney Brian
		CENTRAL INDEX KEY:			0001320298

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34434
		FILM NUMBER:		10592429

	MAIL ADDRESS:	
		STREET 1:		1111 STEWART AVENUE
		CITY:			BETHPAGE
		STATE:			NY
		ZIP:			11714

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>c96044_4x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <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>0000933025</rptOwnerCik>
            <rptOwnerName>DOLAN-SWEENEY DEBORAH A</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>1</isOther>
            <otherText>Member of 13(d) Group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001320298</rptOwnerCik>
            <rptOwnerName>Sweeney Brian</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>
        <nonDerivativeTransaction>
            <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>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1427</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3647</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Madison Square Garden, Inc. Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>22225</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Spouse</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Madison Square Garden, Inc. Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4000</value>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F5"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Trusts</value>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Class A Common Stock received by Ms. Dolan-Sweeney in connection with the legal and structural separation of Madison Square Garden, Inc. (&quot;MSG&quot;) from Cablevision Systems Corporation (&quot;Cablevision&quot;) (the &quot;Spin-off&quot;), and granted pursuant to the MSG 2010 Non-Employee Director Stock Plan, in a transaction exempt under Rules 16a-9 or 16b-6, and 16b-3.</footnote>
        <footnote id="F2">Reflects transfer of shares previously owned directly by Cablevision and its subsidiaries exempt under Rule 16a-13.  Includes shares of MSG Common Stock received by Ms. Dolan-Sweeney in connection with the Spin-off in an exempt transaction under Rule 16a?9.  Mr. Sweeney disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by his spouse and this filing shall not be deemed an admission that Mr. Sweeney is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.</footnote>
        <footnote id="F3">Represents Class A Common Stock, received by Mr. Sweeney in connection with the Spin-off in an exempt transaction under Rule 16a?9.  Reflects transfer of shares previously owned directly by Cablevision and its subsidiaries exempt under Rule 16a-13.  Ms. Dolan-Sweeney disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by her spouse and this filing shall not be deemed an admission that Ms. Dolan-Sweeney is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.</footnote>
        <footnote id="F4">Reflects transfer of shares previously owned directly by Cablevision and its subsidiaries exempt under Rule 16a-13.  Includes shares of restricted stock received by Mr. Sweeney in connection with the Spin-off in an exempt transaction under Rule 16a-9.  Ms. Dolan-Sweeney disclaims beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by her spouse and this filing shall not be deemed an admission that Ms. Dolan-Sweeney is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.</footnote>
        <footnote id="F5">Represents shares of Class A Common Stock received by trusts for the benefit of Reporting Persons' children in connection with the Spin-off in an exempt transaction under Rule 16a-9.  Reflects transfer of shares previously owned directly by Cablevision and its subsidiaries exempt under Rule 16a-13.  The Reporting Persons disclaim beneficial ownership of all shares of MSG beneficially owned or deemed to be beneficially owned by trusts for their children and this filing shall not be deemed an admission that the Reporting Persons are, for the purposes of Section 16 or for any other purpose, the beneficial owners of such securities.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Brian G. Sweeney, Attorney-in-fact for Deborah A. Dolan-Sweeney</signatureName>
        <signatureDate>2010-02-11</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Brian G. Sweeney</signatureName>
        <signatureDate>2010-02-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----