Sphere Entertainment Co.
Close on Oct 19, 2026
- Market cap
- $3.72B
- P/E (TTM)
- –
- Dividend yield
- –
About Sphere Entertainment
Services-Amusement & Recreation Services, SIC 7900
Sphere Entertainment Co. is a media and entertainment company operating primarily through two business segments: Sphere and MSG Networks. The Sphere segment operates an experiential entertainment venue featuring immersive visual displays, advanced audio systems, and multi-sensory environmental technologies, serving audiences, touring musical artists, sporting events, and commercial advertisers. The MSG Networks segment produces and distributes regional sports and entertainment programming through linear television channels and direct-to-consumer digital streaming services, catering to regional sports fans and commercial sponsors.
The company operates its primary entertainment venue in Las Vegas, Nevada, which accommodates up to 20,000 guests, alongside a specialized production and screening campus in Burbank, California. Its regional broadcast and streaming services reach an audience of approximately 2.9 million viewing subscribers across New York State, significant portions of New Jersey and Connecticut, and parts of Pennsylvania. Sphere Entertainment Co. maintains its principal executive office in New York, New York.
Summary of the business section of Sphere Entertainment's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Sphere Entertainment Co.
- Founded
- 2019
- Headquarters
- New York, NY
- Address
- Two Pennsylvania Plaza 10121
- Phone
- (725) 258-0001
- Employees
- 1,100, Dec 31, 2025
- Industry
- Services-Amusement & Recreation Services
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, NY
Stock & identifiers
- Ticker
- SPHR
- Exchange
- NYSE
- IPO date
- Apr 9, 2020
- Shares outstanding
- 36M, Jul 24, 2026
- Public float
- $1.10B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1795250
- CUSIP
- 55826T102
- ISIN
- US55826T1025
- LEI
- 254900ZW4JWKYRZZ9A91
- EIN
- 84-3755666
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| James Lawrence Dolan | Executive Chairman and CEO, Director | 1,302,813 |
| David Granville-Smith | Executive Vice President | 115,385 |
| Jennifer Koester | President & COO, Sphere | 54,207 |
| Allen M. Lo | EVP & Chief Legal Officer | 0 |
| Robert H. Langer | EVP, CFO & Treasurer | 10,648 |
| Christopher J. Winters | SVP, Controller & PAO | 3,160 |
| Laura Franco | EVP & General Counsel | 15,335 |
| Gregory Brunner | SVP, Controller & PAO | 2,425 |
| Andrea Greenberg | President/CEO-MSG Networks | 98,995 |
| Kristin A. Dolan | Director | 1,171,350 |
| Ryan Thomas Dolan | Director | 5,422 |
| Debra Golding Perelman | Director | 0 |
| Brian Sweeney | Director | 37,260 |
| Marianne Dolan Weber | Director | 11,922 |
| Thomas Charles Dolan | Director | 29,355 |
| Joel M. Litvin | Director | 0 |
| Isiah Thomas III | Director | 200 |
| John L. Sykes | Director | 0 |
| Joseph Lhota | Director | 1,327 |
| Paul Joseph Dolan | Director | 398 |
| Charles P. Dolan | Director | 11,830 |
| Vincent Tese | Director | 6,335 |
| Quentin F. Dolan | Director | 5,405 |
| Charles F. Dolan | Director | 398,070 |
| Carl E. Vogel | Director | 0 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Dolan | $14.28M | $215.58M | $4.73M | $275 | $291 |
| FY2024 Mr. Dolan | $18.00M | $27.63M | $3.16M | $116 | $214 |
| FY2023 Mr. Dolan | $16.31M | $12.08M | $3.04M | $79 | $131 |
| FY2022 Mr. Dolan | $19.24M | $9.27M | $3.76M | $70 | $106 |
| FY2021 Mr. Dolan | $8.32M | -$741.45K | $3.23M | $112 | $157 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 1,100 full-time union and non-union employees and approximately 2,200 part-time union and non-union employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 8, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 24, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 17, 2023 | Name change | Name changed from Madison Square Garden Entertainment Corp. to Sphere Entertainment Co. |
| Jul 9, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 7, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 24, 2020 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 4, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 16, 2020 | Name change | Name changed from MSG ENTERTAINMENT SPINCO, INC. to Madison Square Garden Entertainment Corp. |
| Mar 6, 2020 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |