Sphere Entertainment Co. Files 2024 10-K
Ticker: SPHR · Form: 10-K · Filed: 2024-08-14T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, entertainment
TL;DR
Sphere Entertainment's 2024 10-K is in: check financials for the year ending June 30.
AI Summary
Sphere Entertainment Co. filed its 2024 10-K report on August 14, 2024, detailing its operations for the fiscal year ending June 30, 2024. The company, formerly Madison Square Garden Entertainment Corp., operates in the amusement and recreation services sector. Key financial data and operational details for the fiscal year are presented in this comprehensive filing.
Why It Matters
This filing provides investors and the public with a detailed overview of Sphere Entertainment's financial health, operational performance, and strategic direction for the past fiscal year.
Risk Assessment
Risk Level: medium — 10-K filings inherently carry medium risk due to the detailed financial and operational information that can impact stock valuation.
Key Numbers
- 0630 — Fiscal Year End (Indicates the end of the reporting period for the 10-K.)
- 0001795250 — Central Index Key (Unique identifier for Sphere Entertainment Co. in SEC filings.)
Key Players & Entities
- Sphere Entertainment Co. (company) — Filer of the 10-K
- Madison Square Garden Entertainment Corp. (company) — Former name of Sphere Entertainment Co.
- 20240630 (date) — Fiscal year end date
- 20240814 (date) — Filing date
- 7900 (number) — Standard Industrial Classification code for Amusement & Recreation Services
FAQ
What was Sphere Entertainment Co.'s former name?
Sphere Entertainment Co.'s former name was Madison Square Garden Entertainment Corp., with a date of name change on 20200417.
What is the Standard Industrial Classification (SIC) code for Sphere Entertainment Co.?
The SIC code for Sphere Entertainment Co. is 7900, which falls under SERVICES-AMUSEMENT & RECREATION SERVICES.
On what date was this 10-K filing submitted?
This 10-K filing was submitted on 20240814.
What is the fiscal year end date for Sphere Entertainment Co.?
The fiscal year end date for Sphere Entertainment Co. is 0630.
What is the business phone number listed for Sphere Entertainment Co.?
The business phone number listed for Sphere Entertainment Co. is (212) 465-6000.
From the Filing
0001795250-24-000026.txt : 20240814 0001795250-24-000026.hdr.sgml : 20240814 20240814072126 ACCESSION NUMBER: 0001795250-24-000026 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 159 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240814 DATE AS OF CHANGE: 20240814 FILER: 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: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39245 FILM NUMBER: 241204154 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 10-K 1 sphr-20240630.htm 10-K sphr-20240630 0001795250 2024 FY false http://fasb.org/us-gaap/2024#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2024#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityCurrent http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityCurrent http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2024#OperatingLeaseLiabilityNoncurrent 0.0281591 http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense P1Y iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure sphr:segment sphr:network sphr:guest utr:sqft utr:ft iso4217:EUR sphr:complaint sphr:day sphr:plan sphr:option utr:D sphr:employee 0001795250 2023-07-01 2024-06-30 0001795250 2023-12-31 0001795250 us-gaap:CommonClassAMember 2024-07-31 0001795250 us-gaap:CommonClassBMember 2024-07-31 0001795250 2024-04-01 2024-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2023-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2023-07-01 2024-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2024-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2023-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2023-07-01 2024-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2024-06-30 0001795250 2023-06-30 0001795250 2024-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2022-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2022-07-01 2023-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2022-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2022-07-01 2023-06-30 0001795250 2022-06-30 0001795250 2022-07-01 2023-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2021-06-30 0001795250 us-gaap:AllowanceForCreditLossMember 2021-07-01 2022-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2021-06-30 0001795250 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2021-07-01 2022-06-30 0001795250 2021-06-30 0001795250 2021-07-01 2022-06-30 0001795250 us-gaap:NonrelatedPartyMember 2024-06-30 0001795250 us-gaap:NonrelatedPartyMember 2023-06-30 0001795250 us-gaap:RelatedPartyMember 2024-06-30 0001795250 us-gaap:RelatedPartyMember 2023-06-30 0001795250 us-gaap:CommonClassAMember 2024-06-30 0001795250 us-gaap:CommonClassAMember 2023-06-30 0001795250 us-gaap:CommonClassBMember 2024-06-30 0001795250 us-gaap:CommonClassBMember 2023-06-30 0001795250 us-gaap:SegmentContinuingOperationsMember 2023-07-01 2024-06-30 0001795250 us-gaap:SegmentContinuingOperationsMember 2022-07-01 2023-06-30 0001795250 us-gaap:SegmentContinuingOperationsMember 2021-07-01 2022-06-30 0001795250 us-gaap:SegmentDiscontinuedOperationsMember 2023-07-01 2024-06-30 0001795250 us-gaap:SegmentDiscontinuedOperationsMember 2022-07-01 2023-06-30 0001795250 us-gaap:SegmentDiscontinuedOperationsMember 2021-07-01 2