• Madison Square Garden Entertainment outlined strategy as pure-play live entertainment operator following April 20, 2023 spin-off of MSG Entertainment (NYSE: MSGE) from Sphere Entertainment.
• Portfolio centered on 5 venues across New York and Chicago, hosting 975+ live events in fiscal 2025 with nearly 6 million guests.
• Presentation highlighted long-term arena license agreements with MSG Sports for Knicks and Rangers home games, structured as 35-year deals starting in FY2021 with 3% annual escalators for arena license fees.
• Christmas Spectacular Starring the Radio City Rockettes positioned as core franchise, with 215 shows in FY26.
• Company reiterated use of Adjusted Operating Income as key performance metric, excluding items such as depreciation and amortization, share-based compensation, restructuring charges, transaction costs, and impairments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Madison Square Garden Entertainment Corp. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.