SC 13G/A: Sphere Entertainment Co.
Ticker: SPHR · Form: SC 13G/A · Filed: 2024-02-14T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Sphere Entertainment Co..
Risk Assessment
Risk Level: low
From the Filing
0000936753-24-000036.txt : 20240214 0000936753-24-000036.hdr.sgml : 20240214 20240214102803 ACCESSION NUMBER: 0000936753-24-000036 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sphere Entertainment Co. CENTRAL INDEX KEY: 0001795250 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 843755666 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91488 FILM NUMBER: 24633727 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: (212) 465-6000 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLAZA CITY: NEW YORK STATE: NY ZIP: 10121 FORMER COMPANY: FORMER CONFORMED NAME: Madison Square Garden Entertainment Corp. DATE OF NAME CHANGE: 20200417 FORMER COMPANY: FORMER CONFORMED NAME: MSG ENTERTAINMENT SPINCO, INC. DATE OF NAME CHANGE: 20191126 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARIEL INVESTMENTS, LLC CENTRAL INDEX KEY: 0000936753 ORGANIZATION NAME: IRS NUMBER: 020712418 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 200 EAST RANDOLPH STREET STREET 2: SUITE 2900 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: (312) 726-0140 MAIL ADDRESS: STREET 1: 200 EAST RANDOLPH STREET STREET 2: SUITE 2900 CITY: CHICAGO STATE: IL ZIP: 60601 FORMER COMPANY: FORMER CONFORMED NAME: ARIEL CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20040218 FORMER COMPANY: FORMER CONFORMED NAME: ARIEL CAPITAL MANAGEMENT INC DATE OF NAME CHANGE: 19950202 SC 13G/A 1 1_SPHR.txt SC13GA SPHERE DEC23 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. 7)* Sphere Entertainment Company (Name of Issuer) Common Stock (Title of Class of Securities) 55826T102 (CUSIP Number) 12/31/2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that Section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 55826T102 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). ARIEL INVESTMENTS, LLC # 02-0712418. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)[_] (b)[_] Not Applicable 3. SEC Use Only 4. Citizenship or Place of Organization Delaware Limited Liability Company Number of Shares Beneficially Owned By Each Reporting Person With 5. Sole Voting Power Ariel: 4,329,894 6. Shared Voting Power Ariel: 0 7. Sole Dispositive Power Ariel: 4,982,899 8. Shared Dispositive Power Ariel: 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person Ariel: 4,982,899 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] Not Applicable 11. Percent of Class Represented by Amount in Row (9) Ariel: 4,982,899/28,244,000= 17.6% 12. Type of Reporting Person (See Instructions) Ariel - IA Item 1. (a) Name of Issuer (b) Address of Issuer's Principal Executive Offices Item 2. (a) Name of Person Filing Ariel Investments, LLC (b) Address of Principal Business Office, or if none, Residence 200 E. Randolph Street, Suite 2900, Chicago, IL 60601 (c) Citizenship a Delaware Limited Liabi