Sphere Entertainment Co.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- James Lawrence Dolan
- Full Time Employees
- 1,080
- Sector
- Communication Services
- Industry
- Entertainment
- Address
- Two Pennsylvania Plaza New York City NY United States of America 10121
- IPO Date
- Apr 9, 2020
- CIK
- 0001795250
- Website
- msgentertainment.com
- Similar Companies
- Business
- Sphere Entertainment Co. Sphere Entertainment Co. (NYSE: SPHR) operates as a premier live entertainment and media company focused on immersive experiences and regional sports programming. The company offers a portfolio of core products and services including Sphere, a next-generation entertainment venue powered by cutting-edge technologies such as Sphere Immersive Sound for concerts, artist residencies, Sphere Experiences developed with Hollywood creatives, and premier corporate events; MSG Networks, comprising MSG Network and MSG Sportsnet regional sports and entertainment networks that deliver exclusive live games of five professional sports franchises along with original programming; and MSG+, a direct-to-consumer streaming service serving the New York DMA and parts of New York, New Jersey, Connecticut, and Pennsylvania. Headquartered in New York City at Two Pennsylvania Plaza, Sphere Entertainment Co. traces its origins to 2020 as a spin-off from Madison Square Garden Company assets, with roots in MSG Networks dating back over 50 years as the first regional sports network, and underwent a name change from Madison Square Garden Entertainment Corp. in April 2023 to reflect its focus on the Sphere venue that opened in Las Vegas in September 2023. Recent developments include multi-year marketing partnerships with Pepsi and Google announced in early 2025; the acquisition of remaining shares in HOLOPLOT, a 3D audio technology developer, to enhance immersive sound capabilities following an initial 2018 investment; a franchise agreement with the Department of Culture and Tourism – Abu Dhabi for a second Sphere venue under a 25-year deal with potential extensions; and a multi-year partnership with Zoox designating it as the official autonomous ride-hail partner for the Las Vegas Sphere, alongside strong performance milestones such as The Wizard of Oz production surpassing 1 million tickets sold and $130 million in sales. The company targets music fans, sports enthusiasts, corporate clients, and immersive experience seekers primarily in the United States, with expansion plans into international markets like the Middle East through licensing its technology, content, and brand.
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