Sphere Entertainment Co
sphereentertainmentco.comSphere Entertainment Co (NYSE: SPHR) is an entertainment company that operates the Sphere venue in Las Vegas, a large-scale immersive entertainment venue, along with a retained interest in MSG Networks. The company generates revenue through live events, residencies, sponsorships, and venue-related programming at Sphere Las Vegas. Sphere Entertainment Co was incorporated on November 21, 2019 as a subsidiary of Madison Square Garden Sports Corp., originally under the name Madison Square Garden Entertainment Corp., and renamed Sphere Entertainment Co. following the April 20, 2023 distribution of its MSG Entertainment subsidiary. The company is organized under the laws of Delaware. Following the full disposition of its retained interest in Madison Square Garden Entertainment Corp., Sphere Entertainment Co. operates primarily through its Sphere venue business.
Products & Services
Sphere Las Vegas, an immersive large-scale entertainment venue; MSG Networks (wholly-owned subsidiary following the July 9, 2021 Networks Merger).
Revenue Model
Revenue is generated through live event programming, concerts, residencies, sponsorships, and immersive experiences hosted at the Sphere venue in Las Vegas, as disclosed in the 10-K filed February 12, 2026.
Customers & Markets
Live entertainment consumers, concert and event attendees, corporate sponsors, and advertisers. The filing excerpts do not provide specific customer concentration or end market percentage breakdowns.
Geographic Exposure
Las Vegas, Nevada, United States. The filing excerpts do not support additional geographic detail.
Financial Snapshot
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