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  "slug": "madison-square-garden-entertainment-corp",
  "name": "Madison Square Garden Entertainment Corp.",
  "updatedAt": "2026-10-02T13:42:33.963989Z",
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    {
      "type": "OVERVIEW",
      "text": "Madison Square Garden Entertainment Corp. (MSG Entertainment) is a U.S. live-entertainment company whose business combines the operation of venues, live-event bookings, and original productions, including the Christmas Spectacular. It reports one operating and reportable segment. Its venue portfolio is concentrated in New York City and Chicago, including Madison Square Garden, Radio City Music Hall, the Beacon Theatre, and The Chicago Theatre. [P155861704][P155862209]\n\nThe company describes its aim as creating unique experiences and deep connections with audiences. In the fiscal year ended June 30, 2026, it reported revenue of $1.061 billion and approximately 1,060 full-time and 5,200 part-time employees. MSG Entertainment became a standalone company following its April 2023 spin-off from Sphere Entertainment Co. [P155861704][T17967552][P155861138][https://www.msgentertainment.com/madison-square-garden-entertainment-corp-completes-spin-off-from-sphere-entertainment-co/]\n[P155861704][P155862209][T17967552][P155861138][https://www.msgentertainment.com/madison-square-garden-entertainment-corp-completes-spin-off-from-sphere-entertainment-co/]",
      "updatedAt": "2026-10-02T13:42:33.963989Z"
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    {
      "type": "PRODUCTS",
      "text": "Madison Square Garden Entertainment Corp.’s live-event offerings span Madison Square Garden, the Infosys Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre and The Chicago Theatre. Across these venues, it produces, presents and hosts concerts, sporting and family shows, performing-arts programs and special events, and provides booking, production, ticketing, marketing, sponsorship and premium-hospitality services. [P155861031][P155861055][P155861045] Venue rentals and promoter arrangements can also include event-day services such as box-office staff, stagehands, ushers, ticket takers and security. [P155861426]\n\nA signature production is the annual 90-minute *Christmas Spectacular Starring the Radio City Rockettes*, featuring the Rockettes in ten numbers. The show incorporates technologies including digital projections, holographic technology and Sphere Immersive Sound; the latter uses 3D audio beamforming and wave-field synthesis and is also used at the Beacon Theatre. [P155861074][P155861094] The company also offers premium venue products, including Madison Square Garden suites and clubs such as Event Level suites, Lexus Level suites, Infosys Level suites, Madison Club and HUB Loft, with private spaces, amenities and premium seats. [P155861050]\n\nIn fiscal 2026, ticketing and venue-license fees represented about 49.8% of total revenue, sponsorship/signage, suite-license and advertising-commission revenue about 26.0%, food, beverage and merchandise about 15.5%, and arena-license fees and other leasing about 8.1%. [T17967558]\n[P155861031][P155861055][P155861045][P155861426][P155861074][P155861094][P155861050][T17967558][T17967558][T17967558][T17967558]",
      "updatedAt": "2026-10-02T13:42:33.963989Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "Madison Square Garden Entertainment Corp.’s operating footprint is concentrated in New York City, where it owns or operates Madison Square Garden, the Infosys Theater at Madison Square Garden, Radio City Music Hall, and the Beacon Theatre. Its fifth venue, The Chicago Theatre, is in Chicago. [P155861080][P155861131][P155861099][P155861190][P155861103] The company’s principal executive offices are at Two Pennsylvania Plaza, New York, NY 10121. [P155861025]\n\nFor fiscal 2026, the company reported one reportable segment; the filing does not provide geographic revenue percentages or an employee breakdown by location. [P155861704][P155861138] As of June 30, 2026, it had approximately 1,060 full-time and 5,200 part-time employees. [P155861138]\n[P155861080][P155861131][P155861099][P155861190][P155861103][P155861025][P155861704][P155861138]",
      "updatedAt": "2026-10-02T13:42:33.963989Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Madison Square Garden Entertainment Corp. reports one operating and reportable segment, MSG Entertainment, representing all of the company’s FY2026 consolidated revenue. The segment encompasses its venues—including Madison Square Garden, Radio City Music Hall, Beacon Theatre and The Chicago Theatre—along with the Christmas Spectacular and entertainment and sports bookings. Its activities include venue events and related ticket revenue, venue leasing, sponsorship and signage, suites, concessions, merchandising and tours. [P155861704][P155862209][P155862210]\n\nThe company does not report separate segment revenue for these businesses. As an alternative view—not a segment breakdown—FY2026 revenue of $1,060.8 million consisted of entertainment offerings ($810.1 million, approximately 76.4%), food, beverage and merchandise ($164.4 million, approximately 15.5%), and arena license fees and other leasing revenue ($86.2 million, approximately 8.1%). [T17967552]\n[P155861704][P155862209][P155862210][T17967552]",
      "updatedAt": "2026-10-02T13:42:33.963989Z"
    },
    {
      "type": "HISTORY",
      "text": "Madison Square Garden Entertainment’s venue history predates the company: Madison Square Garden first opened in 1879, and the present Garden complex opened in 1968. In 1997, the business acquired the lease to Radio City Music Hall and the rights to the Christmas Spectacular and Rockettes brand; Radio City was restored in 1999. The company expanded its theater portfolio by entering a long-term lease for the Beacon Theatre in 2006 and purchasing The Chicago Theatre in 2007; the Beacon closed for a major restoration in 2008. [P17344452][P29320261][P105751663][P105638519][P55162856][P42733058]\n\nIn April 2020, MSG Entertainment became a publicly traded company following a separation from the Madison Square Garden Company, with trading beginning on April 20. [https://www.msgentertainment.com/msg-entertainment-becomes-new-public-company/]\n\nA further corporate separation took place in 2023: after being formed as a wholly owned subsidiary in 2022, MSG Entertainment was distributed to Sphere Entertainment shareholders, and its shares began trading independently on April 21, 2023. Sphere completed the sale of its remaining stake in September 2023. [P87693304][P61370972][https://www.sec.gov/Archives/edgar/data/1795250/000119312523084492/d459556dex991.htm]\n[P17344452][P29320261][P105751663][P105638519][P55162856][P42733058][P87693304][P61370972][https://www.msgentertainment.com/msg-entertainment-becomes-new-public-company/][https://www.sec.gov/Archives/edgar/data/1795250/000119312523084492/d459556dex991.htm]",
      "updatedAt": "2026-10-02T13:42:33.963989Z"
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