Sphere Entertainment: brands it owns and its ownership tree
Sphere Entertainment (NYSE: SPHR) is a publicly listed company headquartered in New York, United States that owns 3 consumer brands.[1][2]
Sphere Entertainment is a Nevada corporation that owns the Sphere venue in Las Vegas and the regional sports networks of MSG Networks, and carries the name that Madison Square Garden Entertainment Corp. used until April 2023. The old arenas and theatres went to a new company, MSG Entertainment, in that month's distribution, and the Knicks and Rangers belong to MSG Sports. It is developing Sphere Abu Dhabi with the emirate's culture and tourism department and in January 2026 announced a smaller Sphere at National Harbor, Maryland.
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divestitures recorded
Company facts
- Legal name
- Sphere Entertainment Co. (also Madison Square Garden Entertainment Corp. (until April 2023))
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 New York, United States
- Tickers
- NYSE: SPHR
- Revenue
- $1.22 billion (2025)[2]
- SEC CIK
- 0001795250
- Website
- www.sphereentertainmentco.com
- Last verified
- · 2 sources
What Sphere Entertainment's annual report says about its business
Read from Sphere Entertainment's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Sphere, MSG Networks:
The Company is a leader in immersive experiences, technology and media and is comprised of two reportable segments, Sphere and MSG Networks.
Acquisitions and disposals named in the filing
- Acquired: MSG Networks Inc. (July 9, 2021).
On July 9, 2021, MSG Networks Inc. merged with a subsidiary of the Company and became a wholly-owned subsidiary of the Company (the "Networks Merger").
- Acquired: SACO Technologies Inc. (Fiscal Year 2019), 30% interest.
In Fiscal Year 2019, the Company acquired a 30% interest in SACO Technologies Inc. ("SACO"), a global provider of high-performance LED video lighting and media solutions.
- Acquired: Holoplot (April 25, 2024).
on April 25, 2024, we completed the acquisition of the remaining equity interest in Holoplot that we did not previously own.
- Sold or exited: MSGE Spinco, Inc. (April 20, 2023).
On April 20, 2023 (the "MSGE Distribution Date"), the Company distributed approximately 67% of the outstanding common stock of MSGE Spinco, Inc. (now known as Madison Square Garden Entertainment Corp. and referred to herein as "MSG Entertainment") to its stockholders (the "MSGE Distribution"), with the Company retaining approximately 33% of the outstanding common stock of MSG Entertainment (in the form of MSG Entertainment Class A common stock) immediately following the MSGE Distribution (the "MSGE Retained Interest").
- Sold or exited: MSG Sports (September 2015).
In connection with the spinoff of MSG Sports from MSG Networks in September 2015 (the "2015 Sports Distribution"), MSG Networks entered into media rights agreements with the Knicks and Rangers providing MSG Networks with the exclusive live local media rights to their games.
Sphere Entertainment in numbers
- Sphere Entertainment owns 3 consumer brands tracked here across 1 top-level categories; the largest is media & entertainment with 3 brands.[1]
Sphere Entertainment financial history
Headline figures from Sphere Entertainment's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $1.44bn to $1.22bn, an average of -3.2% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $1.22bn | $-229,564,000 | -18.8% | $33.4m | $4.21bn | $767.4m | 10-K | |
| $1.02bn | $-341,241,000 | -33.3% | $-200,649,000 | $4.79bn | $522.7m | 10-K | |
| $571.2m | $-273,042,000 | -47.8% | $502.8m | $4.97bn | $1.12bn | 10-K | |
| $608.2m | $-102,697,000 | -16.9% | $-194,395,000 | $5.52bn | $929.5m | 10-K | |
| $789.9m | $-188,223,000 | -23.8% | $-148,151,000 | $5.29bn | $1.65bn | 10-K | |
| $1.44bn | $235.2m | 16.4% | $181.7m | $3.73bn | $28.1m | 10-K/A |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Sphere Entertainment owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Sphere Entertainment SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Results of operations and financial condition | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers |
Frequently asked questions
What brands does Sphere Entertainment own?
Sphere Entertainment owns 3 consumer brands tracked here, including MSG Networks, Sphere and Gotham Sports.
Is Sphere Entertainment an American company?
Yes. Sphere Entertainment is headquartered in New York, United States.
Who owns Sphere Entertainment?
Sphere Entertainment is a publicly listed company owned by its shareholders; it trades as SPHR on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Sphere Entertainment Co. Annual Report on Form 10-K filed 2026-02-12 — SEC EDGAR, SEC Form 10-K, published 12 February 2026; retrieved 2 October 2026.
- [2] Sphere Entertainment Co.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 12 February 2026; retrieved 4 October 2026.
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