Sphere Entertainment Co. (SPHR)

US — Communication Services Sector
Peers: MSGE  IQ  DOYU  CCOI  LION  BATRA  AMC  IHS  IAC 

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News

UPDATED MSG NETWORKS STATEMENT ON ALTICE DISPUTE
SPHR
Published: February 10, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , Feb. 10, 2025 /PRNewswire/ -- MSG Networks released the following statement about ongoing negotiations with Altice USA: "We applaud Governor Hochul's engagement and ensuring local sports fans have access to MSG Networks' programming. We remain ready to negotiate with Optimum or enter binding arbitration to immediately bring our games back on the air.

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image for news UPDATED MSG NETWORKS STATEMENT ON ALTICE DISPUTE

About Sphere Entertainment Co. (SPHR)

  • IPO Date 2020-04-09
  • Website https://www.msgentertainment.com
  • Industry Entertainment
  • CEO James Lawrence Dolan
  • Employees 1080
Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.