Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M
 2. Issuer Name and Ticker or Trading Symbol
Madison Square Garden Co [MSG] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Member of 13D Group
(Last)
(First)
(Middle)

DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
06/30/2012
(Street)


WOODBURY, NY 11797		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

___ Form Filed by One Reporting Person
_X_ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
The Madison Square Garden Company Class B Common Stock   09/30/2011   G(2)   553,705   (1)   (1) The Madison Square Garden Company Class A Common Stock
553,705
$ 0 2,358,314
D (3)
 
The Madison Square Garden Company Class B Common Stock   09/30/2011   G(2)   42,423   (1)   (1) The Madison Square Garden Company Class A Common Stock
42,423
$ 0 1,297,446
D (4)
 
The Madison Square Garden Company Class B Common Stock   09/30/2011   G(2)   308,327   (1)   (1) The Madison Square Garden Company Class A Common Stock
308,327
$ 0 1,313,207
D (5)
 
The Madison Square Garden Company Class B Common Stock   09/30/2011   G(2)   10,400   (1)   (1) The Madison Square Garden Company Class A Common Stock
10,400
$ 0 318,064
D (6)
 
The Madison Square Garden Company Class B Common Stock   01/03/2012   G(2)   451,909   (1)   (1) The Madison Square Garden Company Class A Common Stock
451,909
$ 0 1,906,405
D (3)
 
The Madison Square Garden Company Class B Common Stock   01/03/2012   G(2)   134,167   (1)   (1) The Madison Square Garden Company Class A Common Stock
134,167
$ 0 1,163,279
D (4)
 
The Madison Square Garden Company Class B Common Stock   01/03/2012   G(2)   251,642   (1)   (1) The Madison Square Garden Company Class A Common Stock
251,642
$ 0 1,061,565
D (5)
 
The Madison Square Garden Company Class B Common Stock   01/03/2012   G(2)   32,891   (1)   (1) The Madison Square Garden Company Class A Common Stock
32,891
$ 0 285,173
D (6)
 
The Madison Square Garden Company Class B Common Stock   04/02/2012   G(2)   375,054   (1)   (1) The Madison Square Garden Company Class A Common Stock
375,054
$ 0 1,531,351
D (3)
 
The Madison Square Garden Company Class B Common Stock   04/02/2012   G(2)   111,350   (1)   (1) The Madison Square Garden Company Class A Common Stock
111,350
$ 0 1,051,929
D (4)
 
The Madison Square Garden Company Class B Common Stock   04/02/2012   G(2)   208,846   (1)   (1) The Madison Square Garden Company Class A Common Stock
208,846
$ 0 852,719
D (5)
 
The Madison Square Garden Company Class B Common Stock   04/02/2012   G(2)   27,298   (1)   (1) The Madison Square Garden Company Class A Common Stock
27,298
$ 0 257,875
D (6)
 
The Madison Square Garden Company Class B Common Stock   07/02/2012   G(2)   337,790   (1)   (1) The Madison Square Garden Company Class A Common Stock
337,790
$ 0 1,193,561
D (3)
 
The Madison Square Garden Company Class B Common Stock   07/02/2012   G(2)   100,287   (1)   (1) The Madison Square Garden Company Class A Common Stock
100,287
$ 0 951,642
D (4)
 
The Madison Square Garden Company Class B Common Stock   07/02/2012   G(2)   188,096   (1)   (1) The Madison Square Garden Company Class A Common Stock
188,096
$ 0 664,623
D (5)
 
The Madison Square Garden Company Class B Common Stock   07/02/2012   G(2)   24,585   (1)   (1) The Madison Square Garden Company Class A Common Stock
24,585
$ 0 233,290
D (6)
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M
DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797		       Member of 13D Group
HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M
DOLAN FAMILY OFFICE
340 CROSSWAYS PAR DRIVE
WOODBURY, NY 11797		       Member of 13D Group
CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M
C/O DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797		       Member of 13D Group
HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M
C/O DOLAN FAMILY OFFICE
340 CROSSWAYS PARK DRIVE
WOODBURY, NY 11797		       Member of 13D Group

Signatures

Charles F. Dolan, as Trustee of the CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M By: /s/ William A. Frewin, Attorney-in-Fact 08/08/2012
**Signature of Reporting Person Date
Helen A. Dolan, as Trustee of the HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #1M By: /s/ William A. Frewin, Attorney-in-Fact 08/08/2012
**Signature of Reporting Person Date
Charles F. Dolan, as Trustee of the CHARLES F. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M By: /s/ William A. Frewin, Attorney-in-Fact 08/08/2012
**Signature of Reporting Person Date
Helen A. Dolan, as Trustee of the HELEN A. DOLAN 2011 GRANTOR RETAINED ANNUITY TRUST #2M By: /s/ William A. Frewin, Attorney-in-Fact 08/08/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Madison Square Garden Company Class B common stock of Issuer is convertible at the option of the holder share for share into The Madison Square Garden Company Class A common stock of the Issuer.
(2) Gift.
(3) These securities are owned directly by the Charles F. Dolan 2011 Grantor Retained Annuity Trust #1M which is a member of a "group" with the other reporting person for purposes of Section 13(d) of the Exchange Act. The other reporting persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(4) These securities are owned directly by the Charles F. Dolan 2011 Grantor Retained Annuity Trust #2M which is a member of a "group" with the other reporting person for purposes of Section 13(d) of the Exchange Act. The other reporting persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(5) These securities are owned directly by the Helen A. Dolan 2011 Grantor Retained Annuity Trust #1M which is a member of a "group" with the other reporting person for purposes of Section 13(d) of the Exchange Act. The other reporting persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(6) These securities are owned directly by the Helen A. Dolan 2011 Grantor Retained Annuity Trust #2M which is a member of a "group" with the other reporting person for purposes of Section 13(d) of the Exchange Act. The other reporting persons disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

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