Operator
Good morning. My name is Theresa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Madison Square Garden Entertainment Corp. fiscal 2021 second-quarter earnings conference call.
[Operator instructions] I would now like to turn the call over to Ari Danes, investor relations. Please go ahead, sir.
Ari Danes
Investor Relations
Thank you. Good morning, and welcome to MSG Entertainment s fiscal 2021 second-quarter earnings conference call. Our president, Andy Lustgarten, will begin today s call with an update on the company s operations. This will be followed by a review of our financial results with Mark Fitzpatrick, our EVP and chief financial officer.
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Meredith Fiscal 2021 Second Quarter Earnings Conference.
[Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions]
I would now like to hand the conference call over to your speaker for today, Mr. Mike Lovell. Sir, you may begin.
Mike Lovell
Investor Relations Director
Good morning, and thanks, everyone, for joining us. Our call will begin with comments from Chairman and Chief Executive Officer, Tom Harty; followed by Chief Financial Officer, Jason Frierott. Remarks this morning will include forward-looking statements and actual results may differ from our forecasts. Reasons for the differences are described at the end of our news release that was issued earlier this morning and in our SEC filings. Certain financial measures that we are discussing on this call are expressed on a non-GAAP basis and have been adjusted to exclude the impact of special i
ViacomCBS CEO Bob Bakish
CEO Bob Bakish and his team have started getting credit for acquisitions, and sales of non-core assets, at attractive price tags that have transformed the company beyond the big merger that created it. In early 2021, it will detail how all its assets fit into its streaming strategy.
In early December 2019, the long-discussed mega-recombination of Viacom and CBS Corp. closed, with CEO Bob Bakish promising to create significant long-term value.
Much initial focus was on his team reaping benefits from cost-cutting and using the recombined company’s increased scale, and the appeal of CBS, to boost the fortunes of the Viacom cable networks, which had been struggling in carriage deals with pay TV giants.