Dolan Family Trusts Amend Sphere Entertainment Stake Filing

Ticker: SPHR · Form: SC 13D/A · Filed: 2024-03-01T00:00:00.000Z

Sentiment: neutral

Topics: 13D-filing, amendment, control-group, family-trust

Related Tickers: SPHR

TL;DR

Dolan family trusts updated their Sphere Entertainment (SPHR) filing - watch for potential moves.

AI Summary

On March 1, 2024, a Schedule 13D/A filing was made concerning Sphere Entertainment Co. This filing details a group of reporting persons, including various Dolan family trusts and individuals like Charles F. Dolan, Deborah A. Dolan-Sweeney, and James L. Dolan, who collectively hold a significant stake in the company. The filing is an amendment, indicating a change in their holdings or intentions regarding Sphere Entertainment Co.

Why It Matters

This filing update from the Dolan family trusts signals potential shifts in control or strategy for Sphere Entertainment Co., impacting its future direction and shareholder value.

Risk Assessment

Risk Level: medium — Amendments to 13D filings can indicate changes in activist investor intent or significant shifts in beneficial ownership, warranting close monitoring.

Key Players & Entities

FAQ

What specific changes in holdings or intentions are detailed in this 13D/A filing?

The filing is an amendment to a previous Schedule 13D, indicating a change in the information previously reported. Specific details of the changes are not provided in the header information but would be within the full document.

Who are the primary reporting persons involved in this filing?

The reporting persons include various Dolan family trusts, such as the Charles F. Dolan 2009 Family Trust and Charles F. Dolan Children Trust, as well as individuals like Charles F. Dolan, Deborah A. Dolan-Sweeney, and James L. Dolan.

What is the subject company of this filing?

The subject company is Sphere Entertainment Co., with Central Index Key 0001795250.

When was this filing submitted?

This filing was submitted on March 1, 2024.

What was Sphere Entertainment Co. formerly known as?

Sphere Entertainment Co. was formerly known as Madison Square Garden Entertainment.

From the Filing

0001104659-24-030128.txt : 20240301 0001104659-24-030128.hdr.sgml : 20240301 20240301193229 ACCESSION NUMBER: 0001104659-24-030128 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240301 DATE AS OF CHANGE: 20240301 GROUP MEMBERS: CHARLES F. DOLAN 2009 FAMILY TRUST FBO DEBORAH A. DOLAN-SWEENEY GROUP MEMBERS: CHARLES F. DOLAN 2009 FAMILY TRUST FBO JAMES L. DOLAN GROUP MEMBERS: CHARLES F. DOLAN 2009 FAMILY TRUST FBO KATHLEEN M. DOLAN GROUP MEMBERS: CHARLES F. DOLAN 2009 FAMILY TRUST FBO MARIANNE E. DOLAN WEBER GROUP MEMBERS: CHARLES F. DOLAN 2009 FAMILY TRUST FBO THOMAS C. DOLAN GROUP MEMBERS: CHARLES F. DOLAN 2009 REVOCABLE TRUST GROUP MEMBERS: CHARLES F. DOLAN CHILDREN TRUST FBO DEBORAH DOLAN-SWEENEY GROUP MEMBERS: CHARLES F. DOLAN CHILDREN TRUST FBO JAMES L. DOLAN GROUP MEMBERS: CHARLES F. DOLAN CHILDREN TRUST FBO KATHLEEN M. DOLAN GROUP MEMBERS: CHARLES F. DOLAN CHILDREN TRUST FBO MARIANNE DOLAN WEBER GROUP MEMBERS: CHARLES F. DOLAN CHILDREN TRUST FBO THOMAS C. DOLAN GROUP MEMBERS: CORBY DOLAN LEINAUER GROUP MEMBERS: DEBORAH A. DOLAN-SWEENEY GROUP MEMBERS: JAMES L. DOLAN GROUP MEMBERS: KATHLEEN M. DOLAN GROUP MEMBERS: MARIANNE DOLAN WEBER GROUP MEMBERS: MARY S. DOLAN GROUP MEMBERS: PAUL J. DOLAN GROUP MEMBERS: RYAN DOLAN 1989 TRUST GROUP MEMBERS: TARA DOLAN 1989 TRUST GROUP MEMBERS: THOMAS C. DOLAN 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 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91488 FILM NUMBER: 24712353 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: DOLAN CHARLES F CENTRAL INDEX KEY: 0000935761 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: BAKER BOTTS L.L.P. STREET 2: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 SC 13D/A 1 tm247712d1_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3) Sphere Entertainment Co. (Name of Issuer) Class A Common Stock, par value $.01 per share (Title of Class of Securities) 55826T 102 (CUSIP Number) Samantha H. Crispin Quentin W. Wiest Baker Botts L.L.P. 30 Rockefeller Plaza New York, NY 10112 212-408-2500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 28, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨ * 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 disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes 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. 55826T 102 1. Name of Reporting Person Charles F. Dolan, individually, and as a Trustee of the Ch

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