Sphere Entertainment beat earnings and revenue expectations as its flagship Las Vegas venue surged 29% year-over-year, but legacy MSG Networks continued its double-digit subscriber decline, dragging down consolidated results.
Sphere Entertainment :
SPHR
SPHR
Stock Data
$158.36
$2.13 (1.36%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
COMMUNICATION SERVICES
Industry
ENTERTAINMENT
Sphere Entertainment Co., formerly known as Madison Square Garden Entertainment Corp., is a powerhouse in the entertainment industry. Based in New York, New York, and founded in 2006, the company brings a variety of live entertainment to the public. This includes concerts, family shows, special events, and sports like boxing, college basketball, and esports, hosted in iconic venues such as The Garden and Radio City Music Hall. Additionally, Sphere Entertainment operates several high-profile dining and nightlife brands, including Tao and Hakkasan, enhancing its entertainment portfolio.
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