Sphere Entertainment Co. (SPHR) is a live entertainment and media company that delivers innovative experiences through cutting-edge technology and immersive content. The company operates iconic venues and regional sports networks, offering multi-sensory entertainment and exclusive sports programming. Its offerings include immersive productions, concerts, sports events, and streaming services.
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MSG Networks - Operates regional sports and entertainment networks, providing live local games and programming for NBA and NHL teams, as well as coverage of NFL teams. Includes a direct-to-consumer streaming service, MSG+, integrated into the Gotham Sports streaming product.
- Sub-products: MSG Network and MSG Sportsnet.
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Sphere - Develops and operates next-generation entertainment venues, hosting immersive productions, concerts, and marquee events. Features the Exosphere, the world's largest LED screen, and Sphere Studios for content development.
- Sub-products: The Sphere Experience, Sphere Studios.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
James L. Dolan ExecutiveBoard | Executive Chairman and CEO | Director at MSGE, MSGS; Former Chairman Emeritus at AMC Networks | Extensive experience in media and entertainment; instrumental in strategic planning and corporate governance across multiple companies. | |
Andrea Greenberg Executive | President and CEO of MSG Networks | Director of Garden of Dreams Foundation | Over 40 years of experience in sports, entertainment, and media; instrumental in MSG Networks' strategic direction and growth. | |
David Granville-Smith Executive | Executive Vice President | EVP at MSGS and AMC Networks; Trustee of Parrish Art Museum | Former COO and CFO at A+E Networks; extensive experience in financial and operational leadership. | |
Gregory Brunner Executive | SVP, Controller, and Principal Accounting Officer | Mentor for buildOn and National Retail Federation; Leadership role at American Heart Association | Former Partner at KPMG LLP; oversees financial reporting and compliance at SPHR. | |
Jennifer Koester Executive | President and COO of Sphere | None | Leads strategy and execution for Sphere; previously Managing Director at Google LLC; holds a J.D. from St. John's University School of Law. | |
Laura Franco Executive | EVP and General Counsel | Board member at Virgin Voyages | Oversees legal functions at SPHR and MSG Entertainment; holds a J.D. from St. John's University School of Law. | |
Robert Langer Executive | EVP, CFO, and Treasurer | Board member at Ravensburger AG | Former financial leader at Disney; oversees financial planning and strategy at SPHR. | |
Brian G. Sweeney Board | Class B Director | Director at MSGS, AMCX | Former President and CFO at Cablevision; extensive experience in strategy and financial management. | |
Carl E. Vogel Board | Class A Director | Director at AMCX, UEIC, SIRI; Executive Partner at Mill Point Capital | Former President of Dish Network; extensive experience in media and communications. | |
Isiah L. Thomas III Board | Class B Director | CEO of Isiah International; CEO of One World Products; Director at UWM Holdings | Former NBA player; extensive experience in business leadership and philanthropy. | |
Joel M. Litvin Board | Class A Director | Founder of Calumet Consulting; Lecturer at Columbia University; Trustee at Naismith Memorial Basketball Hall of Fame | Former President of League Operations at NBA; extensive experience in sports management and legal affairs. | |
John L. Sykes Board | Class A Director | President of Entertainment Enterprises at iHeartMedia; Board member at VH1 Save the Music, Robin Hood Foundation, Rock and Roll Hall of Fame, and others | Co-founder of MTV Networks; extensive experience in media and entertainment. | |
Joseph J. Lhota Board | Class A Director | EVP, Vice Dean, and Chief of Staff at NYU Langone Health | Former Chairman and CEO of NYC Metropolitan Transportation Authority; extensive experience in governance and public service. | |
Marianne Dolan Weber Board | Class B Director | Director at MSGE, MSGS, AMCX; President of Heartfelt Wings Foundation | Member of Cablevision’s founding family; extensive experience in governance and philanthropy. | |
Vincent Tese Board | Class B Director | Director at MSGS, AMCX, Claros Mortgage Trust; Chairman of ICE Clear Credit LLC | Former NY State Superintendent of Banks; extensive experience in financial services and governance. |
Research analysts who have asked questions during Sphere Entertainment earnings calls.
Brandon Ross
LightShed Partners
5 questions for SPHR
David Karnovsky
JPMorgan Chase & Co.
5 questions for SPHR
Peter Supino
Wolfe Research
5 questions for SPHR
David Joyce
Seaport Research Partners
4 questions for SPHR
Peter Henderson
BofA Securities
4 questions for SPHR
Stephen Laszczyk
Goldman Sachs
2 questions for SPHR
Antares Tobelem
Stifel
1 question for SPHR
Benjamin Swinburne
Morgan Stanley
1 question for SPHR
Ben Swinburne
Morgan Stanley
1 question for SPHR
Daniel Duran
Morgan Stanley
1 question for SPHR
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Broadcast station owners such as Sinclair may have a competitive advantage over the company's networks in obtaining distribution through the bundling of agreements to carry programming networks with agreements giving Distributors the right to carry broadcast stations owned by or affiliated with the network. | |
YES | The New York Yankees have an ownership interest in YES, which gives them an advantage in obtaining telecast rights for teams or sports. |
ABC | ABC is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
ESPN | ESPN is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
TNT | TNT is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
Max | Max is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
NBC | NBC is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
Peacock | Peacock is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
Amazon is part of the increasing amount of sports programming available on a national basis, which may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. | |
NBA TV | NBA TV is part of league-controlled sports programming networks that may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
NHL Network | NHL Network is part of league-controlled sports programming networks that may adversely impact the company's competitive position as its programming networks compete for distribution and viewers. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
HOLOPLOT GmbH | 2024 | Sphere Entertainment Co. completed the acquisition on April 25, 2024, paying an initial $11.2M (net of $2.6M in cash) to acquire the remaining equity interest, thereby making HOLOPLOT a wholly owned subsidiary. This strategic move, which also involved eliminating an €18.8M convertible loan and recognizing significant intangible assets and goodwill, aims to enhance Sphere’s immersive experiences and 3D audio capabilities. |
MSG Networks Inc. | 2021 | Madison Square Garden Entertainment Corp. completed an all-stock, fixed exchange ratio transaction on July 9, 2021, exchanging 0.172 shares of its Class A or B common stock for each share of MSG Networks' stock. The tax-free merger was structured to build a stronger, diversified entertainment and media company with enhanced financial flexibility for growth opportunities including legalized sports gaming. |
No recent press releases or 8-K filings found for SPHR.