Sphere Entertainment (SPHR) 10-Q9 Nov 222023 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Sep. 30, 2022	Oct. 31, 2022
Document [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-39245
Entity Registrant Name	MADISON SQUARE GARDEN ENTERTAINMENT CORP.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-3755666
Entity Address, Address Line One	Two Penn Plaza
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10121
City Area Code	212
Local Phone Number	465-6000
Title of 12(b) Security	Class A Common Stock
Trading Symbol	MSGE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001795250
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Class A
Document [Line Items]
Entity Common Stock, Shares Outstanding		27,683,119
Common Class B
Document [Line Items]
Entity Common Stock, Shares Outstanding		6,866,754

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Sep. 30, 2022	Jun. 30, 2022
Current Assets:
Cash, cash equivalents and restricted cash		$ 458,893	$ 846,010
Accounts receivable, net		202,304	216,652
Prepaid expenses and other current assets		179,715	155,994
Total current assets		840,912	1,218,656
Non-Current Assets:
Property and equipment, net		3,226,436	2,939,052
Right-of-use lease assets		458,070	446,499
Goodwill		500,181	500,181
Intangible assets, net		222,005	227,885
Other non-current assets		178,449	189,887
Total assets		5,426,053	5,522,160
Current Liabilities:
Accounts payable, accrued and other current liabilities		517,265	589,246
Current portion of long-term debt, net of deferred financing costs		86,168	73,843
Operating lease liabilities, current		62,887	65,310
Deferred revenue		253,781	228,032
Total current liabilities		920,101	956,431
Non-Current Liabilities:
Long-term debt, net of deferred financing costs		1,652,638	1,669,245
Operating lease liabilities, non-current		441,544	427,971
Deferred tax liabilities, net		161,509	163,441
Other non-current liabilities		145,824	145,496
Total liabilities		3,321,616	3,362,584
Commitments and contingencies (see Note 7)
Redeemable noncontrolling interests		185,711	184,192
Equity:
Additional paid-in capital		2,303,135	2,301,970
Accumulated deficit		(335,493)	(290,736)
Accumulated other comprehensive loss		(60,981)	(48,355)
Total Madison Square Garden Entertainment Corp. stockholders’ equity		1,907,003	1,963,221
Nonredeemable noncontrolling interests		11,723	12,163
Total equity		1,918,726	1,975,384
Total liabilities, redeemable noncontrolling interests and equity		5,426,053	5,522,160
Common Class A
Equity:
Common stock	[1]	273	273
Common Class B
Equity:
Common stock	[2]	$ 69	$ 69

[1]Class A Common Stock, $0.01 par value per share, 120,000 shares authorized;27,683 and 27,368 shares outstanding as of September 30, 2022 and June 30, 2022, respectively.[2]Class B Common Stock, $0.01 par value per share, 30,000 shares authorized;6,867 shares outstanding as of September 30, 2022 and June 30, 2022.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares shares in Thousands	Sep. 30, 2022	Jun. 30, 2022
Common Class A
Common stock, par or stated value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	120,000	120,000
Common stock, shares, outstanding (in shares)	27,683	27,368
Common Class B
Common stock, par or stated value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000	30,000
Common stock, shares, outstanding (in shares)	6,867	6,867

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Revenues	[1]	$ 401,218	$ 294,510
Direct operating expenses	[1]	(253,901)	(165,761)
Selling, general and administrative expenses	[1]	(164,410)	(174,839)
Depreciation and amortization		(29,755)	(29,430)
Impairment and other losses		2,000	(7,818)
Operating loss		(44,848)	(83,338)
Interest income		3,954	775
Interest expense		(2,167)	(9,248)
Other income (expense), net		1,525	(3,754)
Loss from operations before income taxes		(41,536)	(95,565)
Income tax (expense) benefit		(2,507)	18,910
Net loss		(44,043)	(76,655)
Less: Net income attributable to redeemable noncontrolling interests		1,124	2,212
Less: Net (loss) income attributable to nonredeemable noncontrolling interests		(410)	365
Net loss attributable to Madison Square Garden Entertainment Corp.’s stockholders		$ (44,757)	$ (79,232)
Weighted-average shares outstanding:
Basic (in shares)		34,403	34,095
Diluted (in shares)		34,403	34,095
Net loss from operations attributable to Madison Square Garden Entertainment Corp.’s stockholders per share:
Basic (in dollars per share)		$ (1.30)	$ (2.32)
Diluted (in dollars per share)		$ (1.30)	$ (2.32)

[1]See Note 12, Related Party Transactions, for further information on related party revenues and expenses

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net loss	$ (44,043)	$ (76,655)
Other comprehensive loss, before income taxes:
Amortization of prior service credit included in net periodic benefit cost	510	510
Cumulative translation adjustments	(16,080)	(6,418)
Other comprehensive loss, before income taxes	(15,570)	(5,908)
Income tax benefit related to items of other comprehensive loss	2,944	1,120
Other comprehensive loss, net of income taxes	(12,626)	(4,788)
Comprehensive loss	(56,669)	(81,443)
Less: Net income attributable to redeemable noncontrolling interests	1,124	2,212
Less: Net (loss) income attributable to nonredeemable noncontrolling interests	(410)	365
Comprehensive loss attributable to Madison Square Garden Entertainment Corp.’s stockholders	$ (57,383)	$ (84,020)

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
OPERATING ACTIVITIES:
Net loss	$ (44,043)	$ (76,655)
Adjustment to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	29,755	29,430
Impairment and other (gains) losses, net	(2,000)	7,818
Amortization of deferred financing costs	1,304	2,184
Benefit (expense) from deferred income taxes	1,012	(20,036)
Share-based compensation expense	15,188	19,528
Equity Securities, FV-NI, Unrealized Gain (Loss)	1,310	(2,460)
Other non-cash adjustments	2,370	1,555
Change in assets and liabilities:
Accounts receivable, net	14,293	5,546
Prepaid expenses and other current assets	(30,212)	3,022
Accounts payable, accrued and other current liabilities	(92,590)	(29,891)
Deferred revenue	25,468	56,299
Right-of-use lease assets and operating lease liabilities	(8,198)	(766)
Net cash (used in) provided by operating activities	(81,183)	6,988
INVESTING ACTIVITIES:
Capital expenditures, net	(270,088)	(137,271)
Capitalized interest	(20,466)	(9,326)
Proceeds from sale of equity securities	3,819	0
Other investing activities	1,517	295
Net cash used in investing activities	(285,218)	(146,302)
FINANCING ACTIVITIES:
Proceeds from revolving credit facility	7,860	0
Taxes paid in lieu of shares issued for equity-based compensation	(13,967)	(14,903)
Noncontrolling interest holders’ capital contributions	500	872
Distributions to noncontrolling interest holders	(530)	0
Distributions to related parties associated with the settlement of certain share-based awards	(571)	(516)
Repayments of revolving credit facility	0	(15,000)
Principal repayments on long-term debt	(13,312)	(15,250)
Payments for financing costs	(3)	0
Net cash used in financing activities	(20,023)	(44,797)
Effect of exchange rates on cash, cash equivalents and restricted cash	(693)	(386)
Net decrease in cash, cash equivalents and restricted cash	(387,117)	(184,497)
Cash, cash equivalents and restricted cash at beginning of period	846,010	1,539,976
Cash, cash equivalents and restricted cash at end of period	458,893	1,355,479
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Investments and loans to nonconsolidated affiliates	1,969	547
Capital expenditures incurred but not yet paid	35,986	16,052
Share-based compensation capitalized costs	910	751
Operating Lease, Right-of-Use Asset, Amortization Expense	$ 7,780	$ 6,494

Condensed Statements Of Stockho

Condensed Statements Of Stockholders' Equity And Redeemable Noncontrolling Interests (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit	AOCI Attributable to Parent	Total Madison Square Garden Entertainment Corp. Stockholders’ Equity	Non - redeemable Noncontrolling Interests	Redeemable Noncontrolling Interests
Balance at the beginning of the period at Jun. 30, 2021	$ 2,180,406	$ 340	$ 2,294,775	$ (96,341)	$ (30,272)	$ 2,168,502	$ 11,904
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(78,867)			(79,232)		(79,232)	365
Other comprehensive loss	(4,788)				(4,788)	(4,788)
Share-based compensation	19,692		19,692			19,692
Tax withholding associated with shares issued for equity-based compensation	(14,903)	2	(14,905)			(14,903)
Adjustments of redeemable noncontrolling interest	(6,178)		(6,178)			(6,178)
Contributions	872						872
Distributions	(227)		(227)			(227)	0
Balance at the end of the period at Sep. 30, 2021	2,096,007	342	2,293,157	(175,573)	(35,060)	2,082,866	13,141
Balance at the beginning of the period at Jun. 30, 2021								$ 137,834
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]
Net income (loss) attributable to redeemable noncontrolling interests	(2,212)							2,212
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests								587
Adjustments of redeemable noncontrolling interest								66
Noncontrolling interest, decrease from distributions to noncontrolling interest holders								(289)
Balance at the end of the period at Sep. 30, 2021								140,410
Balance at the beginning of the period at Jun. 30, 2022	1,975,384	342	2,301,970	(290,736)	(48,355)	1,963,221	12,163
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(45,167)			(44,757)		(44,757)	(410)
Other comprehensive loss	(12,626)				(12,626)	(12,626)
Share-based compensation	15,511		15,511			15,511
Tax withholding associated with shares issued for equity-based compensation	(13,967)		(13,967)			(13,967)
Contributions	500						500
Distributions	(909)		(379)			(379)	(530)
Balance at the end of the period at Sep. 30, 2022	1,918,726	$ 342	$ 2,303,135	$ (335,493)	$ (60,981)	$ 1,907,003	$ 11,723
Balance at the beginning of the period at Jun. 30, 2022	184,192							184,192
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]
Net income (loss) attributable to redeemable noncontrolling interests	(1,124)							1,124
Noncontrolling interest non-cash acquisition attributable to redeemable noncontrolling interests								587
Noncontrolling interest, decrease from distributions to noncontrolling interest holders								(192)
Balance at the end of the period at Sep. 30, 2022	$ 185,711							$ 185,711

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
Description of Business and Basis of Presentation	Sep. 30, 2022
Description Of Business And Basis Of Presentation [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business Madison Square Garden Entertainment Corp. (together with its subsidiaries, the “Company” or “MSG Entertainment”), is a leader in live entertainment comprised of iconic venues, marquee entertainment brands, regional sports and entertainment networks, popular dining and nightlife offerings, and a premier music festival. Utilizing the Company’s powerful brands and live entertainment expertise, the Company delivers unique experiences that set the standard for excellence and innovation while forging deep connections with diverse and passionate audiences. The Company is comprised of three reportable segments: Entertainment, MSG Networks and Tao Group Hospitality. As of September 30, 2022, there have been no changes to the reportable segments of the Company. See Note 1, Description of Business and Basis of Presentation, to the consolidated and combined financial statements included in the Form 10-K for the fiscal year ended June 30, 2022 as filed with the SEC on August 19, 2022 (the “2022 Form 10-K”) for more information regarding the details of the Company’s business. Basis of Presentation The Company reports on a fiscal year basis ending on June 30 th (“Fiscal Year”). In these unaudited condensed consolidated interim financial statements (“financial statements”), the years ended on June 30, 2023 and 2022 are referred to as “Fiscal Year 2023” and “Fiscal Year 2022,” respectively. Certain Fiscal Year 2022 amounts have been reclassified to conform to the Fiscal Year 2023 presentation. The accompanying financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and the instructions of Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for Fiscal Year 2022 included in the 2022 Form 10-K. In the opinion of the Company, the accompanying financial statements contain all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of its financial position as of September 30, 2022, and its results of operations for the three months ended September 30, 2022, and 2021, and cash flows for the three months ended September 30, 2022, and 2021. The condensed consolidated balance sheet as of Fiscal Year 2022, was derived from audited annual financial statements but does not contain all of the footnote disclosures from the annual financial statements. The results of operations for the periods presented are not necessarily indicative of the results that might be expected for future interim periods or for the full year. As a result of the production of the Christmas Spectacular Starring the Radio City Rockettes (the “ Christmas Spectacular ”), arena license fees in connection with the use of Madison Square Garden (“The Garden”) by the New York Knicks (the “Knicks”) of the National Basketball Association (the “NBA”) and the New York Rangers (the “Rangers”) of the National Hockey League (the “NHL”), and MSG Networks’ advertising revenue being largely derived from the sale of inventory in its live NBA and NHL professional sports programming, the Company generally earns a disproportionate share of its annual revenues in the second and third quarters of its fiscal year. Impact of the COVID-19 Pandemic The Company’s operations and operating results were not materially impacted by the COVID-19 pandemic during the three months ended September 30, 2022, as compared to the prior year period, which was impacted by (i) fewer ticketed events at our performance venues due to the lead-time required to book touring acts and artists, (ii) a residual impact of reductions in MSG Networks media rights fees related to the shortened 2020-21 NHL season and (iii) certain regulatory requirements, including vaccination/mask requirements for our performance, entertainment dining and nightlife venues, which contributed to certain Tao Group Hospitality branded locations remaining closed during the period. See Note 1, Impact of the COVID-19 Pandemic, to the consolidated and combined financial statements included in the 2022 Form 10-K for more information regarding the impact of the COVID-19 pandemic on our business. It is unclear to what extent COVID-19 concerns, including with respect to new variants, could result in new government or league-mandated capacity or other restrictions or vaccination/mask requirements or impact the use of and/or demand for our performance, entertainment dining and nightlife venues, demand for our sponsorship and advertising assets, deter our employees and vendors from working at our venues (which may lead to difficulties in staffing) or otherwise materially impact our operations.

Accounting Policies

Accounting Policies	3 Months Ended
Accounting Policies	Sep. 30, 2022
Accounting Policies [Abstract]
Accounting Policies	Accounting Policies Principles of Consolidation The financial statements of the Company include the accounts of Madison Square Garden Entertainment Corp. and its subsidiaries, which include Tao Group Holdings, LLC and its subsidiaries (“Tao Group Hospitality”) and Boston Calling Events, LLC (“BCE”). All significant intercompany transactions and balances have been eliminated in consolidation. The financial statements of the Company include accounts of Tao Group Hospitality and BCE, in which the Company has controlling voting interests. The Company’s consolidation criteria are based on authoritative accounting guidance for identifying a controlling financial interest. Tao Group Hospitality and BCE are consolidated with the equity owned by other stockholders shown as redeemable or nonredeemable noncontrolling interests in the accompanying condensed consolidated balance sheets, and the other stockholders’ portion of net earnings (loss) and other comprehensive income (loss) shown as net income (loss) or comprehensive income (loss) attributable to redeemable or nonredeemable noncontrolling interests in the accompanying condensed consolidated statements of operations and condensed consolidated statements of comprehensive income (loss), respectively. See Note 2, Summary of Significant Accounting Policies, to the consolidated and combined financial statements included in the 2022 Form 10-K regarding the classification of redeemable noncontrolling interests of Tao Group Hospitality. Use of Estimates The preparation of the accompanying financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the provision for credit losses, valuation of investments, goodwill, intangible assets, other long-lived assets, deferred tax assets, pension and other postretirement benefit obligations and the related net periodic benefit cost, and other liabilities. In addition, estimates are used in revenue recognition, rights fees, performance and share-based compensation, depreciation and amortization, litigation matters and other matters, as well as in the valuation of noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the financial statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and, as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods. Recently Issued and Adopted Accounting Pronouncements Recently Issued Accounting Pronouncements No recently issued accounting guidance materially impacted or is expected to impact the Company's financial statements. Recently Adopted Accounting Pronouncements In October 2021 , the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ ASU ”) No. 2021-08, Accounting for Contract Assets and Contract Liabilities From Contracts With Customers . This ASU requires that the acquiring entity in a business combination recognize and measure contract assets and contract liabilities acquired in accordance with ASC Topic 606. This standard was adopted by the Company in the first quarter of Fiscal Year 2023. The adoption of this standard had no impact on the Company’s financial statements.

Restructuring Charges

Restructuring Charges	3 Months Ended
Restructuring Charges	Sep. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges During Fiscal Year 2022, the Company underwent organizational changes to further streamline operations. These measures included termination of certain employees and executives in the Entertainment reportable segment. The Company’s restructuring activity through September 30, 2022 is as follows: June 30, 2022 $ 8,081 Restructuring charges — Payments (148) September 30, 2022 $ 7,933

Revenue Recognition

Revenue Recognition	3 Months Ended
Revenue Recognition	Sep. 30, 2022
Revenue Recognition [Abstract]
Revenue Recognition	Revenue Recognition Contracts with Customers See Note 2, Summary of Significant Accounting Policies and Note 4, Revenue Recognition, to the consolidated and combined financial statements included in the 2022 Form 10-K for more information regarding the details of the Company’s revenue recognition policies. All revenue recognized in the condensed consolidated statements of operations is considered to be revenue from contracts with customers in accordance with ASC Topic 606, except for revenues from the arena license agreements that require the Knicks and the Rangers to play their home games at The Garden (the “Arena License Agreements”), leases and subleases that are accounted for in accordance with ASC Topic 842 of $2,786 and $2,316 for the three months ended September 30, 2022 and 2021, respectively. Disaggregation of Revenue The following tables disaggregate the Company’s revenue by major source and reportable segment based upon the timing of transfer of goods or services to the customer for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 Entertainment MSG Networks Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 102,790 $ — $ 115,518 $ (48) $ 218,260 Sponsorship, signage and suite licenses (b) 38,393 244 803 (414) 39,026 Media related, primarily from affiliation agreements (b) — 121,812 — — 121,812 Other (c) 3,133 423 16,330 (552) 19,334 Total revenues from contracts with customers $ 144,316 $ 122,479 $ 132,651 $ (1,014) $ 398,432 Three Months Ended September 30, 2021 Entertainment MSG Networks Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 22,580 $ — $ 108,690 $ (181) $ 131,089 Sponsorship, signage and suite licenses (b) 7,776 636 135 — 8,547 Media related, primarily from affiliation agreements (b) — 140,471 — — 140,471 Other (c) 1,567 366 10,639 (485) 12,087 Total revenues from contracts with customers $ 31,923 $ 141,473 $ 119,464 $ (666) $ 292,194 _________________ (a) Consists of (i) ticket sales and other ticket-related revenues, (ii) Tao Group Hospitality’s entertainment dining and nightlife offerings, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales. Event-related revenues and entertainment dining and nightlife offerings are recognized at a point in time. As such, these revenues have been included in the same category in the table above. (b) See Note 2, Summary of Significant Accounting Policies, Revenue Recognition, and Note 4, Revenue Recognition, to the consolidated and combined financial statements included in the 2022 Form 10-K for further details on the pattern of recognition of sponsorship, signage and suite license revenues and media related revenue. (c) Primarily consists of (i) revenues from sponsorship sales and representation agreements with Madison Square Garden Sports Corp. (“MSG Sports”), (ii) Tao Group Hospitality’s managed venue revenues, and (iii) advertising commission revenues recognized by the Entertainment segment from the MSG Networks segment of $376 and $410 for the three months ended September 30, 2022 and 2021, respectively, that are eliminated in consolidation. In addition to the disaggregation of the Company’s revenue by major source based upon the timing of transfer of goods or services to the customer disclosed above, the following tables disaggregate the Company’s consolidated revenues by type of goods or services in accordance with the required entity-wide disclosure requirements of ASC Subtopic 280-10-50-38 to 40 and the disaggregation of revenue required disclosures in accordance with ASC Subtopic 606-10-50-5 for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 Entertainment MSG Networks Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 72,132 $ — $ — $ — $ 72,132 Sponsorship and signage, suite, and advertising commission revenues (b) 45,134 — — (791) 44,343 Revenues from entertainment dining and nightlife offerings (c) — — 132,651 (223) 132,428 Food, beverage and merchandise revenues 26,303 — — — 26,303 Media networks revenues (d) — 122,479 — — 122,479 Other 747 — — — 747 Total revenues from contracts with customers $ 144,316 $ 122,479 $ 132,651 $ (1,014) $ 398,432 Three Months Ended September 30, 2021 Entertainment MSG Networks Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 16,836 $ — $ — $ — $ 16,836 Sponsorship and signage, suite, and advertising commission revenues (b) 10,813 — — (410) 10,403 Revenues from entertainment dining and nightlife offerings (c) — — 119,464 (256) 119,208 Food, beverage and merchandise revenues 3,923 — — — 3,923 Media networks revenues (d) — 141,473 — — 141,473 Other 351 — — — 351 Total revenues from contracts with customers $ 31,923 $ 141,473 $ 119,464 $ (666) $ 292,194 _________________ (a) Amounts include ticket sales, including other ticket-related revenue, and venue license fees from the Company’s events such as (i) concerts and (ii) other live entertainment and sporting events. (b) Amounts include (i) revenues from sponsorship sales and representation agreements with MSG Sports and (ii) advertising commission revenues recognized by the Entertainment segment from the MSG Networks segment of $376 and $410 for the three months ended September 30, 2022 and 2021, respectively, that are eliminated in consolidation. (c) Primarily consist of revenues from (i) entertainment dining and nightlife offerings and (ii) venue management agreements. (d) Primarily consist of affiliation fees from Distributors and, to a lesser extent, advertising revenues through the sale of commercial time and other advertising inventory during MSG Networks programming. Contract Balances The following table provides information about contract balances from the Company’s contracts with customers as of September 30, 2022 and June 30, 2022: September 30, June 30, 2022 2022 Receivables from contracts with customers, net (a) $ 200,394 $ 215,261 Contract assets, current (b) 7,196 5,503 Contract assets, non-current (b) 869 756 Deferred revenue, including non-current portion (c) 254,162 228,703 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable and Prepaid expenses and other current assets in the Company’s condensed consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of September 30, 2022 and June 30, 2022, the Company’s receivables from contracts with customers above included $3,719 and $4,618, respectively, related to various related parties. See Note 12, Related Party Transactions for further details on related party arrangements. (b) Contract assets, which are reported as Prepaid expenses and other current assets or Other non-current assets in the Company’s condensed consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to customers, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue primarily relates to the Company’s receipt of consideration from customers in advance of the Company’s transfer of goods or services to the customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to a customer. Revenue recognized for the three months ended September 30, 2022 relating to the deferred revenue balance as of June 30, 2022 was $105,586. Transaction Price Allocated to the Remaining Performance Obligations As of September 30, 2022, the Company’s remaining performance obligations were approximately $680,000 of which 52% is expected to be recognized over the next two years and an additional 33% of the balance to be recognized in the following two years. This primarily relates to performance obligations under sponsorship and suite license arrangements that have original expected durations longer than one year and for which the consideration is not variable. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less.

Investments in Nonconsolidated

Investments in Nonconsolidated Affiliates	3 Months Ended
Investments in Nonconsolidated Affiliates	Sep. 30, 2022
Equity Method Investments, Joint Ventures And Cost Method Investments [Abstract]
Investments in Nonconsolidated Affiliates	Investments in Nonconsolidated Affiliates The Company’s investments in nonconsolidated affiliates, which are accounted for under the equity method of accounting or as equity investments without readily determinable fair value, are included within Other non-current assets on the accompanying condensed consolidated balance sheets and consisted of the following: Investment As of Ownership Percentage September 30, June 30, Equity method investments: SACO Technologies Inc. (“SACO”) 30 % $ 27,786 $ 31,448 Others 4,749 5,248 Equity securities without readily determinable fair values 9,076 7,108 Total investments in nonconsolidated affiliates $ 41,611 $ 43,804 Equity Investments with Readily Determinable Fair Value In addition to the investments discussed above, the Company holds investments of (i) Townsquare Media, Inc. (“Townsquare”), and (ii) DraftKings Inc. (“DraftKings”). • Townsquare is a media, entertainment and digital marketing solutions company that is listed on the New York Stock Exchange (“NYSE”) under the symbol “TSQ.” • DraftKings is a fantasy sports contest and sports gambling provider that is listed on the NASDAQ Stock Market (“NASDAQ”) under the symbol “DKNG” for its common stock. The fair value of the Company’s investments in Class A common stock of Townsquare and Class A common stock of DraftKings are determined based on quoted market prices in active markets on the NYSE and NASDAQ, respectively, which are classified within Level I of the fair value hierarchy. As a holder of Class C common stock of Townsquare, the Company is entitled to convert at any time all or any part of the Company’s shares into an equal number of shares of Class A common stock of Townsquare, subject to restrictions set forth in Townsquare’s certificate of incorporation. The carrying fair value of these investments, which are reported under Other non-current assets in the accompanying condensed balance sheets as of September 30, 2022 and June 30, 2022, are as follows: Equity Investments with Readily Determinable Fair Value September 30, June 30, Townsquare Class A common stock $ 4,234 $ 4,776 Townsquare Class C common stock 19,057 21,499 DraftKings common stock 10,142 10,146 Total Equity Investment with Readily Determinable Fair Values $ 33,433 $ 36,421 The following table summarizes the realized and unrealized gain (loss) on equity investments with and without readily determinable fair value, which is reported in Other income (expenses), net, for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 2021 Unrealized (loss) gain— Townsquare $ (2,983) $ 1,027 Unrealized gain (loss) — DraftKings 2,324 (3,487) Unrealized gain — Other 1,969 — Gains from shares sold — DraftKings 1,489 — Total Realized and Unrealized gain (loss) $ 2,799 $ (2,460) Supplemental information on realized gain: Shares of common stock sold — DraftKings 200 — Cash proceeds from common stock sold — DraftKings $ 3,819 $ —

Property and Equipment

Property and Equipment	3 Months Ended
Property and Equipment	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment As of September 30, 2022 and June 30, 2022, property and equipment consisted of the following: September 30, June 30, Land $ 133,893 $ 140,239 Buildings 1,035,072 997,345 Equipment, furniture and fixtures 499,382 477,040 Aircraft 38,090 38,090 Leasehold improvements 229,692 232,819 Construction in progress (a) 2,286,737 2,031,972 Total Property and equipment 4,222,866 3,917,505 Less accumulated depreciation and amortization (996,430) (978,453) Property and equipment, net $ 3,226,436 $ 2,939,052 _________________ (a) Construction in progress includes labor and interest that are capitalized during the construction period for significant long term construction projects. These costs primarily relate to the construction of MSG Sphere in Las Vegas. For the three months ended September 30, 2022, the Company capitalized $20,466 of interest. The increase in Construction in progress is primarily associated with the development and construction of MSG Sphere in Las Vegas, which includes capitalized labor and interest. The property and equipment balances above include $235,847 and $206,462 of capital expenditure accruals (primarily related to MSG Sphere construction) as of September 30, 2022 and June 30, 2022, respectively, which are reflected in Accounts payable, accrued and other current liabilities in the accompanying condensed consolidated balance sheets. Depreciation and amortization expense on property and equipment was $25,307 and $25,120 for the three months ended September 30, 2022 and 2021, respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments See Note 14, Commitments and Contingencies, to the consolidated and combined financial statements included in the 2022 Form 10-K for details on the Company’s off-balance sheet commitments. The Company’s off-balance sheet commitments as of June 30, 2022 included a total of $3,898,281 of contract obligations (primarily related to media rights agreements from the MSG Networks segment). During the three months ended September 30, 2022, the Company did not have any material changes in its non-cancelable contractual obligations other than activities in the ordinary course of business. See Note 8, Credit Facilities for details of the principal repayments required under the Company’s various credit facilities. Legal Matters Fifteen complaints were filed in connection with the Company’s acquisition of MSG Networks Inc. (the “Merger”) by purported stockholders of the Company and MSG Networks Inc. Nine of these complaints involved allegations of materially incomplete and misleading information set forth in the joint proxy statement/prospectus filed by the Company and MSG Networks Inc. in connection with the Merger. As a result of supplemental disclosures made by the Company and MSG Networks Inc. on July 1, 2021, all of the disclosure actions were voluntarily dismissed with prejudice prior to or shortly following the consummation of the Merger. Six complaints involved allegations of fiduciary breaches in connection with the negotiation and approval of the Merger and have since been consolidated into two remaining litigations. On September 10, 2021, the Court of Chancery entered an order consolidating two derivative complaints filed by purported Company stockholders. The consolidated action is captioned: In re Madison Square Garden Entertainment Corp. Stockholders Litigation , C.A. No. 2021-0468-KSJM. The consolidated plaintiffs filed their Verified Consolidated Derivative Complaint on October 11, 2021. The complaint, which names the Company as only a nominal defendant, retains all of the derivative claims and alleges that the members of the board of directors and controlling stockholders violated their fiduciary duties in the course of negotiating and approving the Merger. Plaintiffs seek, among other relief, an award of damages to the Company including interest, and plaintiffs’ attorneys’ fees. The Company and other defendants filed answers to the complaint on December 30, 2021. The Company substantially completed its production of documents responsive to plaintiffs’ requests on June 24, 2022, and continues to be engaged in responding to plaintiffs’ additional discovery requests. Pursuant to the indemnity rights in its bylaws and Delaware law, the Company is advancing the costs incurred by defendants in this action, and defendants may assert indemnification rights in respect of any adverse judgment or settlement of the action. On September 27, 2021, the Court of Chancery entered an order consolidating four complaints filed by purported stockholders of MSG Networks Inc. The consolidated action is captioned: In re MSG Networks Inc. Stockholder Class Action Litigation , C.A. No. 2021-0575-KSJM. The consolidated plaintiffs filed their Verified Consolidated Stockholder Class Action Complaint on October 29, 2021. The complaint asserts claims on behalf of a putative class of former MSG Networks Inc. stockholders against each member of the board of directors of MSG Networks Inc. and the controlling stockholders prior to the Merger. Plaintiffs allege that the MSG Networks Inc. board of directors and controlling stockholders breached their fiduciary duties in negotiating and approving the Merger. The Company is not named as a defendant but has been subpoenaed to produce documents and testimony related to the Merger. Plaintiffs seek, among other relief, monetary damages for the putative class and plaintiffs’ attorneys’ fees. Defendants to the MSG Networks Inc. consolidated action filed answers to the complaint on December 30, 2021. The Company substantially completed its production of documents responsive to plaintiffs’ requests on June 24, 2022, and continues to be engaged in responding to plaintiffs’ additional discovery requests. Pursuant to the indemnity rights in its bylaws and Delaware law, the Company is advancing the costs incurred by defendants in this action, and defendants may assert indemnification rights in respect of any adverse judgment or settlement of the action. On September 19, 2022, the Court of Chancery approved a case schedule, governing the two consolidated actions, which set tentative trial dates for April 2023. We are currently unable to determine a range of potential liability, if any, with respect to these Merger-related claims. Accordingly, no accrual for these matters has been made in our financial statements.

Credit Facilities

Credit Facilities	3 Months Ended
Credit Facilities	Sep. 30, 2022
Line of Credit Facility [Abstract]
Credit Facilities	Credit Facilities See Note 15, Credit Facilities, to the consolidated and combined financial statements included in the 2022 Form 10-K for more information regarding the Company’s credit facilities. The following table summarizes the presentation of the outstanding balances under the Company’s credit agreements as of September 30, 2022 and June 30, 2022: September 30, 2022 June 30, 2022 Principal Unamortized Deferred Financing Costs Net Principal Unamortized Deferred Financing Costs Net Current portion MSG Networks Term Loan $ 74,250 $ (1,219) $ 73,031 $ 66,000 $ (1,231) $ 64,769 National Properties Term Loan Facility 12,188 (3,213) 8,975 8,125 (3,213) 4,912 Tao Term Loan Facility 3,750 (225) 3,525 3,750 (225) 3,525 Other debt 637 — 637 637 — 637 Current portion of long-term debt, net of deferred financing costs $ 90,825 $ (4,657) $ 86,168 $ 78,512 $ (4,669) $ 73,843 September 30, 2022 June 30, 2022 Principal Unamortized Deferred Financing Costs Net Principal Unamortized Deferred Financing Costs Net Non-current portion MSG Networks Term Loan $ 911,625 $ (1,185) $ 910,440 $ 932,250 $ (1,484) $ 930,766 National Properties Term Loan Facility 637,812 (12,048) 625,764 641,875 (12,851) 629,024 National Properties Revolving Credit Facility 36,960 — 36,960 29,100 — 29,100 Tao Term Loan Facility 70,313 (839) 69,474 71,250 (895) 70,355 Tao Revolving Credit Facility 10,000 — 10,000 10,000 — 10,000 Long-term debt, net of deferred financing costs $ 1,666,710 $ (14,072) $ 1,652,638 $ 1,684,475 $ (15,230) $ 1,669,245 MSG Networks Credit Facilities General. MSGN Holdings, L.P. (“MSGN L.P.”), MSGN Eden, LLC, an indirect subsidiary of the Company and the general partner of MSGN L.P., Regional MSGN Holdings LLC, an indirect subsidiary of the Company and the limited partner of MSGN L.P. (collectively with MSGN Eden, LLC, the “MSGN Holdings Entities”), and certain subsidiaries of MSGN L.P. have senior secured credit facilities pursuant to a credit agreement (as amended and restated on October 11, 2019, the “MSGN Credit Agreement”) consisting of: (i) an initia l $1,100,000 term l oan facility (the “MSGN Term Loan Facility”) and ( ii) a $250,000 revolving credit facility (the “MSGN Revolving Credit Facility” and, together with the MSGN Term Loan Facility, the “MSG Networks Credit Facilities”), each with a term of five years. Up to $35,000 of the MSGN Revolving Credit Facility is available for the issuance of letters of credit. As of September 30, 2022, there were no borrowings or letters of credit issued and outstanding under the MSGN Revolving Credit Facility. Interest Rates. Borrowings under the MSGN Credit Agreement bear interest at a floating rate, which at the option of MSGN L.P. may be either (i) a base rate plus an additional rate ranging from 0.25% to 1.25% per annum (determined based on a total net leverage ratio) (the “MSGN Base Rate”), or (ii) a Eurodollar rate plus an additional rate ranging from 1.25% to 2.25% per annum (determined based on a total net leverage ratio) (the “MSGN Eurodollar Rate”). Upon a payment default in respect of principal, interest or other amounts due and payable under the MSGN Credit Agreement or related loan documents, default interest will accrue on all overdue amounts at an additional rate of 2.00% per annum. The MSGN Credit Agreement requires that MSGN L.P. pay a commitment fee ranging from 0.225% to 0.30% (determined based on a total net leverage ratio) in respect of the average daily unused commitments under the MSGN Revolving Credit Facility. MSGN L.P. will also be required to pay customary letter of credit fees, as well as fronting fees, to banks that issue letters of credit. The interest rate on the MSGN Term Loan Facility as of September 30, 2022 was 4.615% . Principal Repayments. Subject to customary notice and minimum amount conditions, MSGN L.P. may voluntarily repay outstanding loans under the MSGN Credit Agreement at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to Eurodollar loans). The MSGN Term Loan Facility amortizes quarterly in accordance with its terms beginning March 31, 2020 through September 30, 2024 with a final maturity date of October 11, 2024. MSGN L.P. is required to make mandatory prepayments in certain circumstances, including without limitation from the net cash proceeds of certain sales of assets (including MSGN Collateral) or casualty insurance and/or condemnation recoveries (subject to certain reinvestment, repair or replacement rights) and the incurrence of certain indebtedness, subject to certain exceptions. Covenants. The MSGN Credit Agreement generally requires the MSGN Holdings Entities and MSGN L.P. and its restricted subsidiaries on a c onsolidated basis to comply with a maximum total leverage ratio of 5.50:1.00, subject, at the option of MSGN L.P. to an upward adjustment to 6.00:1.00 during the continuance of certain events. In addition, the MSGN Credit Agreement requires a minimum interest coverage ratio of 2.00:1.00 for the MSGN Holdings Entities and MSGN L.P. and its restricted subsidiaries on a consolidated basis. As of September 30, 2022, the MSGN Holdings Entities and MSGN L.P. and its restricted subsidiaries on a consolidated basis were in compliance with the covenants. In addition to the financial covenants discussed above, the MSGN Credit Agreement and the related security agreement contain certain customary representations and warranties, affirmative covenants, and events of default. The MSGN Credit Agreement contains certain restrictions on the ability of MSGN L.P. and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the MSGN Credit Agreement, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making investments, loans or advances in or to other persons; (iv) paying dividends and distributions or repurchasing capital stock; (v) changing their lines of business; (vi) engaging in certain transactions with affiliates; (vii) amending specified material agreements; (viii) merging or consolidating; (ix) making certain dispositions; and (x) entering into agreements that restrict the granting of liens. The MSGN Holdings Entities are also subject to customary passive holding company covenants. Guarantors and Collateral. All obligations under the MSGN Credit Agreement are guaranteed by the MSGN Holdings Entities and MSGN L.P.’s existing and future direct and indirect domestic subsidiaries that are not designated as excluded subsidiaries or unrestricted subsidiaries (the “MSGN Subsidiary Guarantors,” and together with the MSGN Holdings Entities, the “MSGN Guarantors”). All obligations under the MSGN Credit Agreement, including the guarantees of those obligations, are secured by certain assets of MSGN L.P. and each MSGN Guarantor (collectively, “MSGN Collateral”), including, but not limited to, a pledge of the equity interests in MSGN L.P. held directly by the Holdings Entities and the equity interests in each MSGN Subsidiary Guarantor held directly or indirectly by MSGN L.P. National Properties Credit Facilities General. On June 30, 2022, MSG National Properties, LLC (“MSG National Properties”) an indirect, wholly-owned subsidiary of the Company, MSG Entertainment Group, LLC (“MSG Entertainment Group”) and certain subsidiaries of MSG National Properties entered into a credit agreement with JP Morgan Chase Bank, N.A., as administrative agent and the lenders and L/C issuers party thereto (the “National Properties Credit Agreement”), providing for a five- year, $650,000 sen ior secured term loan facility (the “National Properties Term Loan Facility”) and a five-year, $100,000 revolving credit facility (the “National Properties Revolving Credit Facility” and, together with the National Properties Term Loan Facility, the “National Properties Credit Facilities”). As of September 30, 2022, outstanding letters of credit were $7,860 and the remaining balance available under the National Properties Revolving Credit Facility was $63,040. Interest Rates. Borrowings under the current National Properties Credit Facilities bear interest at a floating rate, which at the option of MSG National Properties may be either (a) a base rate plus an applicable margin ranging from 1.50% to 2.50% per annum, determined based on the total leverage ratio of MSG National Properties and its restricted subsidiaries (the “National Properties Base Rate”), or (b) Term SOFR plus an applicable margin ranging from 2.50% to 3.50% per annum, determined based on the total leverage ratio of MSG National Properties and its restricted subsidiaries (the “National Properties SOFR Rate”). The National Properties Credit Agreement requires MSG National Properties to pay a commitment fee ranging from 0.30% to 0.50% in respect of the daily unused commitments under the National Properties Revolving Credit Facility. MSG National Properties is also required to pay customary letter of credit fees, as well as fronting fees, to banks that issue letters of credit pursuant to the National Properties Credit Agreement. The interest rate on the National Properties Credit Facilities as of September 30, 2022 was 6.18% . Principal Repayments. Subject to customary notice and minimum amount conditions, MSG National Properties may voluntarily repay outstanding loans under the National Properties Credit Facilities and terminate commitments under the National Properties Revolving Credit Facility, at any time, in whole or in part, subject only to customary breakage costs in the case of prepayment of Term SOFR loans. The principal obligations under the National Properties Term Loan Facility are to be repaid in quarterly installments beginning with the fiscal quarter ending March 31, 2023, in an aggregate amount equal to 2.50% per annum (0.625% per quarter), stepping up to 5.0% per annum (1.25% per quarter) in the fiscal quarter ending September 30, 2025, with the balance due at the maturity of the facility on June 30, 2027. The principal obligations under the National Properties Revolving Credit Facility are due at the maturity of the facility. Under certain circumstances, MSG National Properties is required to make mandatory prepayments on loans outstanding, including prepayments in an amount equal to the net cash proceeds of certain sales of assets or casualty insurance and/or condemnation recoveries (subject to certain reinvestment, repair, or replacement rights), subject to certain exceptions. Covenants. The National Properties Credit Agreement includes financial covenants requiring MSG National Properties and its restricted subsidiaries to maintain a specified minimum liquidity level, a specified minimum debt service coverage ratio and specified maximum total leverage ratio. The minimum liquidity level is set at $50,000, and is tested based on the level of average daily liquidity, consisting of cash and cash equivalents and available revolving commitments, over the last month of each quarter over the life of the National Properties Credit Facilities. The debt service coverage ratio covenant begins testing in the fiscal quarter ending December 31, 2022, and is set at a ratio of 2:1 before stepping up to 2.5:1 in the fiscal quarter ending September 30, 2024. The leverage ratio covenant begins testing in the fiscal quarter ending June 30, 2023. It is tested based on the ratio of MSG National Properties and its restricted subsidiaries’ consolidated total indebtedness to adjusted operating income, with an initial maximum ratio of 6:1, stepping down to 5.5:1 in the fiscal quarter ending June 30, 2024 and 4.5:1 in the fiscal quarter ending June 30, 2026. As of September 30, 2022, MSG National Properties and its restricted subsidiaries were in compliance with the covenants of the National Properties Credit Agreement. In addition to the financial covenants discussed above, the National Properties Credit Agreement and the related security agreement contain certain customary representations and warranties, affirmative and negative covenants and events of default. The National Properties Credit Agreement contains certain restrictions on the ability of MSG National Properties and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the National Properties Credit Agreement, including the following: (i) incur additional indebtedness; (ii) create liens on certain assets; (iii) make investments, loans or advances in or to other persons; (iv) pay dividends and distributions or repurchase capital stock (which will restrict the ability of MSG National Properties to make cash distributions to the Company); (v) repay, redeem or repurchase certain indebtedness; (vi) change its lines of business; (vii) engage in certain transactions with affiliates; (viii) amend their respective organizational documents; (ix) merge or consolidate; and (x) make certain dispositions. Guarantors and Collateral. All obligations under the National Properties Credit Facilities are guaranteed by MSG Entertainment Group and MSG National Properties’ existing and future direct and indirect domestic subsidiaries, other than the subsidiaries that own The Garden and certain other excluded subsidiaries (the “Subsidiary Guarantors”). All obligations under the National Properties Credit Facilities, including the guarantees of those obligations, are secured by certain of the assets of MSG National Properties and the Subsidiary Guarantors (collectively, “Collateral”) including, but not limited to, a pledge of some or all of the equity interests held directly or indirectly by MSG National Properties in each Subsidiary Guarantor. The Collateral does not include, among other things, any interests in The Garden or the leasehold interests in Radio City Music Hall and the Beacon Theatre. Under certain circumstances, MSG National Properties is required to make mandatory prepayments on loans outstanding, including prepayments in an amount equal to the net cash proceeds of certain sales of assets or casualty insurance and/or condemnation recoveries (subject to certain reinvestment, repair or replacement rights), subject to certain exceptions. Tao Credit Facilities General. On June 9, 2022, TAO Group Intermediate Holdings LLC (“TAOIH”) and TAO Group Operating LLC (“TAOG”) entered into an amended and restated credit agreement (the “Restated Tao Senior Credit Agreement”) with JPMorgan Chase Bank, N.A., as agent, and the lenders party thereto. The Restated Tao Senior Credit Agreement provides TAOG with senior secured credit facilities (the “Tao Credit Facilities”) consisting of: (i) an initial $75,000 term loan facility with a term of five years (the “Tao Term Loan Facility”) and (ii) a $60,000 revolving credit facility with a term of five years (the “Tao Revolving Credit Facility”). Up to $5,000 of the Tao Revolving Credit Facility is available for the issuance of letters of credit. As of September 30, 2022, outstanding letters of credit were $750 and the remaining borrowing available under the Tao Revolving Credit Facility was $49,250. Interest Rates. Borrowings under the Restated Tao Senior Credit Agreement bear interest at a floating rate, which at the option of the Senior Borrower may be either (a) a base rate plus an additional rate ranging from 1.50% to 2.00% per annum (determined based on a total leverage ratio) (the “Tao Base Rate”), or (b) a SOFR rate plus an additional rate ranging from 2.50% to 3.00% per annum (determined based on a total leverage ratio) (the “Tao SOFR Rate”). The Restated Tao Senior Credit Agreement requires TAOG to pay a commitment fee of 0.375% in respect of the daily unused commitments under the Tao Revolving Credit Facility (previously 0.50% prior to the amendment on June 9, 2022 ). TAOG is also required to pay customary letter of credit fees, as well as fronting fees, to banks that issue letters of credit pursuant to the Restated Tao Senior Credit Agreement. The interest rate on the Restated Tao Senior Credit Agreement as of September 30, 2022 was 5.35%. Principal Repayments. Subject to customary notice and minimum amount conditions, TAOG may voluntarily repay outstanding loans under the Restated Tao Senior Credit Agreement at any time, in whole or in part, without premium or penalty. The Tao Term Loan Facility amortizes quarterly in accordance with its terms from June 9, 2022 through the maturity date on June 9, 2027. TAOG is required to make mandatory prepayments of the Tao Term Loan Facility from the net cash proceeds of certain sales of assets or casualty insurance and/or condemnation recoveries (in each case, subject to certain reinvestment, repair or replacement rights) and the incurrence of certain indebtedness, subject to certain exceptions. Covenants. The Restated Tao Senior Credit Agreement requires TAOIH to comply with a maximum total leverage ratio of 3.50:1.00, a maximum senior leverage ratio of 2.50:1.00 and a minimum fixed charge coverage ratio of 1.25:1.00. The Restated Tao Senior Credit Agreement, among other things, (i) increased the minimum liquidity for TAOG to $20,000 and maximum capital expenditures to $30,000, with a one year carry forward of $20,000, (ii) increased the basket for the maximum amount of the incremental revolving credit facility to $50,000; and (iii) amended certain other financial covenants regarding leverage to allow up to $10,000 of cash netting. As of September 30, 2022, TAOG, TAOIH and the restricted subsidiaries were in compliance with the covenants of the Restated Tao Senior Credit Agreement. In addition to the financial covenants described above, the Restated Tao Senior Credit Agreement and the related security agreements contain certain customary representations and warranties, affirmative covenants and events of default. The Restated Tao Senior Credit Agreement contains certain restrictions on the ability of TAOIH, TAOG and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the Restated Tao Senior Credit Agreement, including, without limitation, the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making investments, loans or advances in or to other persons; (iv) paying dividends and distributions or repurchasing capital stock; (v) engaging in certain transactions with affiliates; (vi) amending specified agreements; (vii) merging or consolidating; (viii) making certain dispositions; and (ix) entering into agreements that restrict the granting of liens. Intermediate Holdings is subject to a customary passive holding company covenant. Guarantors and Collateral. All obligations under the Restated Tao Senior Credit Agreement are guaranteed by MSG Entertainment Group, TAOIH and TAOIH’s existing and future direct and indirect domestic subsidiaries (other than (i) TAOG, (ii) domestic subsidiaries substantially all of whose assets consist of controlled foreign corporations and (iii) subsidiaries designated as immaterial subsidiaries or unrestricted subsidiaries) (the “Tao Subsidiary Guarantors,” and together with TAOIH, the “Tao Guarantors”). All obligations under the Restated Tao Senior Credit Agreement, including the guarantees of those obligations, are secured by substantially all of the assets of TAOG and each Tao Guarantor (collectively, “Tao Collateral”), including, but not limited to, a pledge of the equity interests in TAOG held directly by TAOIH and the equity interests in each Tao Subsidiary Guarantor held directly or indirectly by TAOIH. Interest payments and loan principal repayments made by the Company under the credit agreements were as follows: Interest Payments Loan Principal Repayments Three Months Ended Three Months Ended September 30, September 30, 2022 2021 2022 2021 MSG Networks Credit Facilities $ 9,596 $ 4,427 $ 12,375 $ 12,375 National Properties Credit Facilities 2,804 11,585 — 1,625 Tao Credit Facilities 981 241 937 16,250 $ 13,381 $ 16,253 $ 13,312 $ 30,250 The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: September 30, 2022 June 30, 2022 Carrying Value (a) Fair Carrying Value (a) Fair Liabilities: MSG Networks Credit Facilities $ 985,875 $ 961,228 $ 998,250 $ 958,320 National Properties Credit Facilities 686,960 669,786 679,100 679,100 Tao Senior Credit Facilities 84,063 82,689 85,000 82,569 Total Long-term debt $ 1,756,898 $ 1,713,703 $ 1,762,350 $ 1,719,989 __________________________ (a) The total carrying value of the Company’s financial instruments is equal to the current and non-current principal payments for the Company’s credit agreements excluding unamortized deferred financing costs of $18,729 and other debt of $637.

Pension Plans and Other Postret

Pension Plans and Other Postretirement Benefit Plan	3 Months Ended
Pension Plans and Other Postretirement Benefit Plan	Sep. 30, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Pension Plans and Other Postretirement Benefit Plan	Pension Plans and Other Postretirement Benefit Plan The Company sponsors several pension, savings and postretirement benefit plans including the Company’s defined benefit pension plans (“MSGE Pension Plans”), postretirement benefit plan (“MSGE Postretirement Plan”), The Madison Square Garden 401(k) Savings Plan and the MSG Sports & Entertainment, LLC Excess Savings Plan (collectively, the “Savings Plans”), and The Madison Square Garden 401(k) Union Plan (the “Union Savings Plan”). See Note 16, Pension Plans and Other Postretirement Benefit Plans, to the consolidated and combined financial statements included in the 2022 Form 10-K for more information regarding these plans. Defined Benefit Pension Plans and Postretirement Benefit Plans The following tables present components of net periodic benefit cost for the Pension Plans and Postretirement Plans included in the accompanying condensed consolidated statements of operations for the three months ended September 30, 2022 and 2021. Service cost is recognized in direct operating expenses and selling, general and administrative expenses. All other components of net periodic benefit cost are reported in Other income (expense), net. Pension Plans Postretirement Plans Three Months Ended Three Months Ended September 30, September 30, 2022 2021 2022 2021 Service cost $ 123 $ 118 $ 15 $ 16 Interest cost 1,189 1,190 19 20 Expected return on plan assets (1,719) (1,719) — — Recognized actuarial loss 501 501 9 9 Net periodic benefit cost $ 94 $ 90 $ 43 $ 45 Contributions for Qualified Defined Benefit Pension Plans The Company sponsors two non-contributory, qualified defined benefit pension plans covering certain of its union employees (the “UTT Plan” and the “Networks 1212 Plan,” collectively the “Union Plans”). During the three months ended September 30, 2022, the Company contributed $500 to the Networks 1212 Plan. Defined Contribution Pension Plans For the three months ended September 30, 2022 and 2021, expenses related to the Savings Plans and Union Savings Plan included in the accompanying condensed consolidated statements of operations are as follows: Three Months Ended September 30, 2022 2021 Savings Plans $ 2,565 $ 2,019 Union Savings Plan $ 18 $ 14

Share-based Compensation

Share-based Compensation	3 Months Ended
Share-based Compensation	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-based Compensation	Share-based Compensation The Company has three share-based compensation plans: the 2020 Employee Stock Plan, the 2020 Stock Plan for Non-Employee Directors and the MSG Networks Inc. 2010 Employee Stock Plan. See Note 17, Share-based Compensation, to the consolidated and combined financial statement included in the 2022 Form 10-K for more detail on these plans. Share-based compensation expense for the Company’s restricted stock units (“RSUs”), performance stock units (“PSUs”) and/or stock options are recognized in the condensed consolidated statements of operations as a component of direct operating expenses or selling, general and administrative expenses. The following table summarizes the Company’s share-based compensation expense: Three Months Ended September 30, 2022 2021 Share-based compensation (a) $ 15,188 $ 19,528 Intrinsic value of awards vested (b) $ 32,132 $ 32,213 _________________ (a) Share-based compensation excludes costs that have been capitalized of $910 and $751 for the three months ended September 30, 2022 and 2021, respectively. (b) To fulfill required statutory tax withholding obligations for the applicable income and other employment taxes, RSUs and PSUs with an aggregate value of $14,517 and $15,189 were retained by the Company during the three months ended September 30, 2022, and 2021, respectively. The aggregate value of the RSUs and PSUs retained included $243 and $477 related to MSG Sports employees, during the three months ended September 30, 2022, and 2021, respectively. As of September 30, 2022, there was $129,548 of unrecognized compensation cost related to unvested RSUs and PSUs held by the Company’s employees. The cost is expected to be recognized over a weighted-average period of approximately 2.0 years. For the three months ended September 30, 2022 and 2021, all RSUs, PSUs and stock options were excluded from the calculation of weighted-average anti-dilutive shares because the Company reported a net loss for the respective periods presented and, therefore, their impact on reported loss per share would have been antidilutive. Award Activity RSUs During the three months ended September 30, 2022 and 2021, approximately 598 and 445 RSUs were granted and approximately 493 and 326 RSUs vested, respectively. PSUs During the three months ended September 30, 2022 and 2021, approximately 566 and 422 PSUs were granted and approximately 82 and 77 PSUs vested, respectively.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
Stockholders' Equity	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity Preferred Stock The Company is authorized to issue 15,000 shares of preferred stock, par value $0.01. As of September 30, 2022 and June 30, 2022, no shares of preferred stock were outstanding. Stock Repurchase Program On March 31, 2020, the Company’s Board of Directors authorized the repurchase of up to $350,000 of the Company’s Class A Common Stock once the shares of the Company’s Class A Common Stock began “regular way” trading on April 20, 2020. Under the authorization, shares of Class A Common Stock may be purchased from time to time in accordance with applicable insider trading and other securities laws and regulations. The timing and amount of purchases will depend on market conditions and other factors. The Company has not engaged in any share repurchase activities under its share repurchase program to date. Accumulated Other Comprehensive Loss The following table details the components of accumulated other comprehensive loss: Three Months Ended September 30, 2022 Pension Plans and Cumulative Accumulated Balance as of June 30, 2022 $ (40,287) $ (8,068) $ (48,355) Other comprehensive loss — (16,080) (16,080) Amounts reclassified from accumulated other comprehensive loss (a) 510 — 510 Income tax benefit (expense) (10) 2,954 2,944 Other comprehensive income (loss) 500 (13,126) (12,626) Balance as of September 30, 2022 $ (39,787) $ (21,194) $ (60,981) Three Months Ended September 30, 2021 Pension Plans and Cumulative Accumulated Balance as of June 30, 2021 $ (45,425) $ 15,153 $ (30,272) Other comprehensive loss — (6,418) (6,418) Amounts reclassified from accumulated other comprehensive loss (a) 510 — 510 Income tax benefits (expense) (94) 1,214 1,120 Other comprehensive income (loss) 416 (5,204) (4,788) Balance as of September 30, 2021 $ (45,009) $ 9,949 $ (35,060) _________________ (a) Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Other income (expense), net in the accompanying condensed consolidated statements of operations (see Note 9, Pension Plans and Other Postretirement Benefit Plans).

Related Party Transactions

Related Party Transactions	3 Months Ended
Related Party Transactions	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As of September 30, 2022, members of the Dolan family including trusts for the benefit of members of the Dolan family (collectively, the “Dolan Family Group”), for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, collectively beneficially owned 100% of the Company’s outstanding Class B Common Stock and approximately 5.5% of the Company’s outstanding Class A Common Stock (inclusive of options exercisable within 60 days of September 30, 2022). Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 72.4% of the aggregate voting power of the Company’s outstanding common stock. Members of the Dolan family are also the controlling stockholders of MSG Sports and AMC Networks Inc. See Note 21, Related Party Transactions, to the consolidated and combined financial statements included in the 2022 Form 10-K for a description of the Company’s current related party arrangements. There have been no material changes in such related party arrangements except as described below. From time to time the Company enters into arrangements with 605, LLC (“605”). James L. Dolan, the Company’s Executive Chairman, Chief Executive Officer and a director, and his spouse, Kristin A. Dolan (a director of the Company), own 50% of 605. Kristin A. Dolan is also the founder and Chief Executive Officer of 605. 605 provides audience measurement and data analytics services to the Company and its subsidiaries in the ordinary course of business. The Company’s Audit Committee approved the entry into one or more agreements with 605 to provide certain data analytics services to the Company for an aggregate amount of up to $1,000. In August 2022, a subsidiary of the Company entered into a three-year agreement with 605, valued at approximately $750, covering several customer analysis projects per year in connection with events held at our venues. The Company expects to engage 605 to provide additional data analytics services in the future. Pursuant to this arrangement, the Company recognized approximately $70 of expense for the three months ended September 30, 2022 and as of September 30, 2022 approximately $200 has been recognized in Prepaid expenses and other current assets. As of September 30, 2022 and June 30, 2022 , the Company had $897 and $875, respectively, of notes payable with respect to a loan received by BCE from its noncontrolling interest holder. The Company has also entered into certain commercial agreements with its equity method investment nonconsolidated affiliates in connection with MSG Sphere. For the three months ended September 30, 2022 and 2021, the Compa ny recorded $50,670 and $8,677 , respectively, of capital expenditures in connection with services provided to the Company under these agreements. As of September 30, 2022 and June 30, 2022, accrued capital expenditures associated with related parties were $35,909 and $25,028, respectively, and are reported under Accounts payable, accrued and other current liabilities in the accompanying condensed consolidated balance sheets. Revenues and Operating Expenses The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying condensed consolidated statements of operations for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 2021 Revenues $ 5,197 $ 4,368 Operating expenses (credits): Media rights fees $ 42,767 $ 40,445 Revenue sharing expenses 1,187 763 Reimbursement under Arena License Agreements (493) (377) Cost reimbursement from MSG Sports - per Transition services agreement (9,517) (9,216) Origination, master control and technical services 1,232 1,208 Other operating expenses, net 838 2,122 Total operating expenses, net (a) $ 36,014 $ 34,945 _________________ (a) Of the total operating expenses, net, $44,999, and $42,205 for three months ended September 30, 2022 and, 2021, respectively, are included in direct operating expenses in the accompanying condensed consolidated statements of operations, and $(8,985), and $(7,260) for three months ended September 30, 2022 and 2021, respectively, are included as net credits in selling, general and administrative expenses. Revenues The Company record ed $1,324 of re venues under the Arena License Agreements for the three months ended September 30, 2022. In addition to the Arena License Agreements, the Company’s revenues from related parties primarily reflected sponsorship sales and service representation agreements of $2,533, and merchandise sharing revenues of $115 with MSG Sports during the three months ended September 30, 2022. The Company also earned sublease revenue from related parties of $611 during the three months ended September 30, 2022. The company recorded $1,328 of revenues under the Arena License Agreements for the three months ended September 30, 2021. In addition, the Company recorded revenues under sponsorship sales and service representation agreements of $2,348, and sublease revenue from related parties of $611 during the three months ended September 30, 2021.

Segment Information

Segment Information	3 Months Ended
Segment Information	Sep. 30, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information As of September 30, 2022, the Company was comprised of three reportable segments: Entertainment, MSG Networks and Tao Group Hospitality. The Company takes into account whether two or more operating segments can be aggregated together as one reportable segment as well as the type of discrete financial information that is available and regularly reviewed by its Chief Operating Decision Maker. The Company incurs non-capitalizable content development and technology costs associated with the Company’s MSG Sphere initiative, which are reported in Entertainment. In addition to event-related operating expenses, Entertainment also includes other expenses such as (a) corporate and supporting department operating costs that are attributable to MSG Sphere development and (b) non-event related operating expenses for the Company’s venues, such as (i) rent for the Company’s leased venues, (ii) real estate taxes, (iii) insurance, (iv) utilities, (v) repairs and maintenance, (vi) labor related to the overall management of the venues, and (vii) depreciation and amortization expense related to the Company’s performance venues and certain corporate property, equipment and leasehold improvements. Additionally, the Company does not allocate any purchase accounting adjustments related to business acquisitions to the reporting segments. The Company evaluates segment performance based on several factors, of which the key financial measure is operating income (loss) before the following adjustments, which is referred to as adjusted operating income (loss), a non-GAAP financial measure: (i) adjustments to remove the impact of non-cash straight-line leasing revenue associated with the Arena License Agreements with MSG Sports, (ii) depreciation, amortization and impairments of property and equipment, goodwill and intangible assets, (iii) amortization for capitalized cloud computing arrangement costs, (iv) share-based compensation expense, (v) restructuring charges or credits, (vi) merger and acquisition-related costs, including litigation expenses, (vii) gains or losses on sales or dispositions of businesses and associated settlements, (viii) the impact of purchase accounting adjustments related to business acquisitions, and (ix) gains and losses related to the remeasurement of liabilities under the Company’s Executive Deferred Compensation Plan (which was established in November 2021). The Company believes that given the length of the Arena License Agreements and resulting magnitude of the difference in leasing revenue recognized and cash revenue received, the exclusion of non-cash leasing revenue provides investors with a clearer picture of the Company's operating performance. The Company believes that the exclusion of share-based compensation expense or benefit allows investors to better track the performance of the various operating units of the Company’s business without regard to the settlement of an obligation that is not expected to be made in cash. The Company eliminates merger and acquisition-related costs because the Company does not consider such costs to be indicative of the ongoing operating performance of the Company as they result from an event that is of a non-recurring nature, thereby enhancing comparability. In addition, management believes that the exclusion of gains and losses related to the remeasurement of liabilities under the Company’s Executive Deferred Compensation Plan, which are included for the first time this period, provides investors with a clearer picture of the Company’s operating performance given that, in accordance with GAAP, gains and losses related to the remeasurement of liabilities under the Company’s Executive Deferred Compensation Plan are recognized in Operating income (loss) whereas gains and losses related to the remeasurement of the assets under the Company’s Executive Deferred Compensation Plan, which are equal to and therefore fully offset the gains and losses related to the remeasurement of liabilities, are recognized in Other income (expense), net, which is not reflected in Operating income (loss). The Company believes adjusted operating income (loss) is an appropriate measure for evaluating the operating performance of its business segments and the Company on a consolidated basis. Adjusted operating income (loss) and similar measures with similar titles are common performance measures used by investors and analysts to analyze the Company’s performance. The Company uses revenues and adjusted operating income (loss) measures as the most important indicators of its business performance, and evaluates management’s effectiveness with specific reference to these indicators. Adjusted operating income (loss) should be viewed as a supplement to and not a substitute for operating income (loss), net income (loss), cash flows from operating activities, and other measures of performance and/or liquidity presented in accordance with GAAP. Since adjusted operating income (loss) is not a measure of performance calculated in accordance with GAAP, this measure may not be comparable to similar measures with similar titles used by other companies. The Company has presented the components that reconcile operating income (loss), the most directly comparable GAAP financial measure, to adjusted operating income (loss). Information as to the operations of the Company’s reportable segments is set forth below. Three Months Ended September 30, 2022 Entertainment MSG Networks Tao Group Hospitality Purchase Inter-segment eliminations Total Revenues $ 147,102 $ 122,479 $ 132,651 $ — $ (1,014) $ 401,218 Direct operating expenses (101,765) (75,420) (76,577) (586) 447 (253,901) Selling, general and administrative expenses (103,362) (17,816) (43,546) — 314 (164,410) Depreciation and amortization (19,283) (1,618) (6,630) (2,224) — (29,755) Impairment and other gains 2,000 — — — — 2,000 Operating (loss) income $ (75,308) $ 27,625 $ 5,898 $ (2,810) $ (253) $ (44,848) Interest income, net 1,787 Other income, net 1,525 Loss from operations before income taxes $ (41,536) Reconciliation of operating (loss) income to adjusted operating (loss) income: Operating (loss) income $ (75,308) $ 27,625 $ 5,898 $ (2,810) $ (253) $ (44,848) Add back: Non-cash portion of arena license fees from MSG Sports (519) — — — — (519) Share-based compensation 11,432 1,704 2,052 — — 15,188 Depreciation and amortization 19,283 1,618 6,630 2,224 — 29,755 Impairment and other gains (2,000) — — — — (2,000) Merger and acquisition related costs 2,749 1,901 — — — 4,650 Amortization for capitalized cloud computing costs 77 44 — — — 121 Other purchase accounting adjustments — — — 586 — 586 Remeasurement of deferred compensation plan liabilities (154) — — — — (154) Adjusted operating (loss) income $ (44,440) $ 32,892 $ 14,580 $ — $ (253) $ 2,779 Other information: Capital expenditures $ 265,092 $ 1,227 $ 5,769 $ — $ — $ 272,088 Three Months Ended September 30, 2021 Entertainment MSG Networks Tao Group Hospitality Purchase Inter-segment eliminations Total Revenues $ 34,239 $ 141,473 $ 119,464 $ — $ (666) $ 294,510 Direct operating expenses (36,302) (68,423) (61,093) (85) 142 (165,761) Selling, general and administrative expenses (92,962) (47,975) (34,094) — 192 (174,839) Depreciation and amortization (19,656) (1,797) (6,378) (1,599) — (29,430) Impairment and other losses — — (7,818) — — (7,818) Operating (loss) income $ (114,681) $ 23,278 $ 10,081 $ (1,684) $ (332) $ (83,338) Interest expense, net (8,473) Other expense, net (3,754) Loss from operations before income taxes $ (95,565) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating (loss) income $ (114,681) $ 23,278 $ 10,081 $ (1,684) $ (332) $ (83,338) Add back: Non-cash portion of arena license fees from MSG Sports (543) — — — — (543) Share-based compensation 10,143 7,474 1,911 — — 19,528 Depreciation and amortization 19,656 1,797 6,378 1,599 — 29,430 Impairment and other losses — — 7,818 — — 7,818 Merger and acquisition related costs 13,992 23,200 — — — 37,192 Amortization for capitalized cloud computing costs 41 44 — — — 85 Other purchase accounting adjustments — — — 85 — 85 Adjusted operating (loss) income $ (71,392) $ 55,793 $ 26,188 $ — $ (332) $ 10,257 Other information: Capital expenditures $ 133,538 $ 1,449 $ 2,284 $ — $ — $ 137,271 Concentration of Risk Accounts receivable, net on the accompanying condensed consolidated balance sheets as of September 30, 2022 and June 30, 2022 include amounts due from the following individual customers, substantially derived from the MSG Networks segment, which accounted for the noted percentages of the gross balance: September 30, June 30, Customer A 13 % 14 % Customer B 13 % 12 % Customer C 11 % 10 % Revenues in the accompanying condensed consolidated statements of operations for the three months ended September 30, 2022 and 2021 include amounts from the following individual customers, primarily derived from the MSG Networks segment, which accounted for the noted percentages of the total: Three Months Ended September 30, 2022 2021 Customer 1 N/A 15 % Customer 2 N/A 13 % Customer 3 N/A 10 % For the three months ended September 30, 2022, the Company had no customers that accounted for 10% or more of the Company’s revenues.

Additional Financial Informatio

Additional Financial Information	3 Months Ended
Additional Financial Information	Sep. 30, 2022
Additional Financial Information [Abstract]
Additional Financial Information	Additional Financial Information The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. September 30, June 30, Cash and cash equivalents $ 441,350 $ 828,540 Restricted cash 17,543 17,470 Total cash, cash equivalents and restricted cash $ 458,893 $ 846,010 The Company’s restricted cash includes cash deposited in escrow accounts. The Company has deposited cash in an interest-bearing escrow account related to credit support, debt facilities, and collateral to its workers compensation and general liability insurance obligations. Prepaid expenses and other current assets consisted of the following: September 30, June 30, Prepaid expenses $ 95,184 $ 86,022 Related party receivables 36,898 32,541 Inventory (a) 14,383 13,511 Notes and other receivables 9,811 2,726 Other 23,439 21,194 Total prepaid expenses and other current assets $ 179,715 $ 155,994 _________________ (a) Inventory is mostly comprised of food and liquor for performance venues and Tao Group Hospitality. Intangible assets, net consisted of the following: September 30, June 30, Amortizable intangible assets, net $ 158,204 $ 164,084 Indefinite-lived intangible assets 63,801 63,801 Intangible assets, net $ 222,005 $ 227,885 Accounts payable, accrued and other current liabilities consisted of the following: September 30, June 30, Accounts payable $ 42,492 $ 31,980 Related party payables 27,318 38,576 Accrued payroll and employee related liabilities 82,951 154,134 Cash due to promoters 36,445 78,428 Capital expenditure accruals 235,847 206,462 Accrued expenses 92,212 79,666 Total accounts payable, accrued and other current liabilities $ 517,265 $ 589,246 Other income (expense), net includes the following: Three Months Ended September 30, 2022 2021 Loss on equity method investments $ (2,128) $ (1,207) Gains from shares sold — DraftKings 1,489 — Net unrealized loss on equity investments with readily determinable fair value (659) (2,460) Unrealized gain on equity investments without readily determinable fair value 1,969 — Other 854 (87) Total Other income (expense), net $ 1,525 $ (3,754) Income Taxes During the three months ended September 30, 2022 and 2021, the Company received income tax refunds, net of payments, of $508 and $9,143, respectively.

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsThe Company recently announced that it confidentially submitted an initial Form 10 Registration Statement with the SEC for the proposed spin-off of its traditional live entertainment and MSG Networks businesses. Completion of the transaction remains subject to various conditions, including final Board approval.

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
Accounting Policies (Policies)	Sep. 30, 2022
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The financial statements of the Company include the accounts of Madison Square Garden Entertainment Corp. and its subsidiaries, which include Tao Group Holdings, LLC and its subsidiaries (“Tao Group Hospitality”) and Boston Calling Events, LLC (“BCE”). All significant intercompany transactions and balances have been eliminated in consolidation. The financial statements of the Company include accounts of Tao Group Hospitality and BCE, in which the Company has controlling voting interests. The Company’s consolidation criteria are based on authoritative accounting guidance for identifying a controlling financial interest. Tao Group Hospitality and BCE are consolidated with the equity owned by other stockholders shown as redeemable or nonredeemable noncontrolling interests in the accompanying condensed consolidated balance sheets, and the other stockholders’ portion of net earnings (loss) and other comprehensive income (loss) shown as net income (loss) or comprehensive income (loss) attributable to redeemable or nonredeemable noncontrolling interests in the accompanying condensed consolidated statements of operations and condensed consolidated statements of comprehensive income (loss), respectively. See Note 2, Summary of Significant Accounting Policies, to the consolidated and combined financial statements included in the 2022 Form 10-K regarding the classification of redeemable noncontrolling interests of Tao Group Hospitality.
Use of Estimates	Use of Estimates The preparation of the accompanying financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the provision for credit losses, valuation of investments, goodwill, intangible assets, other long-lived assets, deferred tax assets, pension and other postretirement benefit obligations and the related net periodic benefit cost, and other liabilities. In addition, estimates are used in revenue recognition, rights fees, performance and share-based compensation, depreciation and amortization, litigation matters and other matters, as well as in the valuation of noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the financial statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and, as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods.
Recently Issued and Adopted Accounting Pronouncements	Recently Issued and Adopted Accounting Pronouncements Recently Issued Accounting Pronouncements No recently issued accounting guidance materially impacted or is expected to impact the Company's financial statements. Recently Adopted Accounting Pronouncements In October 2021 , the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ ASU ”) No. 2021-08, Accounting for Contract Assets and Contract Liabilities From Contracts With Customers . This ASU requires that the acquiring entity in a business combination recognize and measure contract assets and contract liabilities acquired in accordance with ASC Topic 606. This standard was adopted by the Company in the first quarter of Fiscal Year 2023. The adoption of this standard had no impact on the Company’s financial statements.
Revenue, Remaining Performance Obligation	In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less.

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
Restructuring Charges (Tables)	Sep. 30, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Charges	The Company’s restructuring activity through September 30, 2022 is as follows: June 30, 2022 $ 8,081 Restructuring charges — Payments (148) September 30, 2022 $ 7,933

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
Revenue Recognition (Tables)	Sep. 30, 2022
Revenue Recognition [Abstract]
Disaggregation of Revenue	The following tables disaggregate the Company’s revenue by major source and reportable segment based upon the timing of transfer of goods or services to the customer for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 Entertainment MSG Networks Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 102,790 $ — $ 115,518 $ (48) $ 218,260 Sponsorship, signage and suite licenses (b) 38,393 244 803 (414) 39,026 Media related, primarily from affiliation agreements (b) — 121,812 — — 121,812 Other (c) 3,133 423 16,330 (552) 19,334 Total revenues from contracts with customers $ 144,316 $ 122,479 $ 132,651 $ (1,014) $ 398,432 Three Months Ended September 30, 2021 Entertainment MSG Networks Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 22,580 $ — $ 108,690 $ (181) $ 131,089 Sponsorship, signage and suite licenses (b) 7,776 636 135 — 8,547 Media related, primarily from affiliation agreements (b) — 140,471 — — 140,471 Other (c) 1,567 366 10,639 (485) 12,087 Total revenues from contracts with customers $ 31,923 $ 141,473 $ 119,464 $ (666) $ 292,194 _________________ (a) Consists of (i) ticket sales and other ticket-related revenues, (ii) Tao Group Hospitality’s entertainment dining and nightlife offerings, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales. Event-related revenues and entertainment dining and nightlife offerings are recognized at a point in time. As such, these revenues have been included in the same category in the table above. (b) See Note 2, Summary of Significant Accounting Policies, Revenue Recognition, and Note 4, Revenue Recognition, to the consolidated and combined financial statements included in the 2022 Form 10-K for further details on the pattern of recognition of sponsorship, signage and suite license revenues and media related revenue. (c) Primarily consists of (i) revenues from sponsorship sales and representation agreements with Madison Square Garden Sports Corp. (“MSG Sports”), (ii) Tao Group Hospitality’s managed venue revenues, and (iii) advertising commission revenues recognized by the Entertainment segment from the MSG Networks segment of $376 and $410 for the three months ended September 30, 2022 and 2021, respectively, that are eliminated in consolidation. In addition to the disaggregation of the Company’s revenue by major source based upon the timing of transfer of goods or services to the customer disclosed above, the following tables disaggregate the Company’s consolidated revenues by type of goods or services in accordance with the required entity-wide disclosure requirements of ASC Subtopic 280-10-50-38 to 40 and the disaggregation of revenue required disclosures in accordance with ASC Subtopic 606-10-50-5 for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 Entertainment MSG Networks Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 72,132 $ — $ — $ — $ 72,132 Sponsorship and signage, suite, and advertising commission revenues (b) 45,134 — — (791) 44,343 Revenues from entertainment dining and nightlife offerings (c) — — 132,651 (223) 132,428 Food, beverage and merchandise revenues 26,303 — — — 26,303 Media networks revenues (d) — 122,479 — — 122,479 Other 747 — — — 747 Total revenues from contracts with customers $ 144,316 $ 122,479 $ 132,651 $ (1,014) $ 398,432 Three Months Ended September 30, 2021 Entertainment MSG Networks Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 16,836 $ — $ — $ — $ 16,836 Sponsorship and signage, suite, and advertising commission revenues (b) 10,813 — — (410) 10,403 Revenues from entertainment dining and nightlife offerings (c) — — 119,464 (256) 119,208 Food, beverage and merchandise revenues 3,923 — — — 3,923 Media networks revenues (d) — 141,473 — — 141,473 Other 351 — — — 351 Total revenues from contracts with customers $ 31,923 $ 141,473 $ 119,464 $ (666) $ 292,194 _________________ (a) Amounts include ticket sales, including other ticket-related revenue, and venue license fees from the Company’s events such as (i) concerts and (ii) other live entertainment and sporting events. (b) Amounts include (i) revenues from sponsorship sales and representation agreements with MSG Sports and (ii) advertising commission revenues recognized by the Entertainment segment from the MSG Networks segment of $376 and $410 for the three months ended September 30, 2022 and 2021, respectively, that are eliminated in consolidation. (c) Primarily consist of revenues from (i) entertainment dining and nightlife offerings and (ii) venue management agreements. (d) Primarily consist of affiliation fees from Distributors and, to a lesser extent, advertising revenues through the sale of commercial time and other advertising inventory during MSG Networks programming.
Contract with Customer, Contract Assets and Liabilities	The following table provides information about contract balances from the Company’s contracts with customers as of September 30, 2022 and June 30, 2022: September 30, June 30, 2022 2022 Receivables from contracts with customers, net (a) $ 200,394 $ 215,261 Contract assets, current (b) 7,196 5,503 Contract assets, non-current (b) 869 756 Deferred revenue, including non-current portion (c) 254,162 228,703 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable and Prepaid expenses and other current assets in the Company’s condensed consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of September 30, 2022 and June 30, 2022, the Company’s receivables from contracts with customers above included $3,719 and $4,618, respectively, related to various related parties. See Note 12, Related Party Transactions for further details on related party arrangements. (b) Contract assets, which are reported as Prepaid expenses and other current assets or Other non-current assets in the Company’s condensed consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to customers, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional.

Investments in Nonconsolidate_2

Investments in Nonconsolidated Affiliates (Tables)	3 Months Ended
Investments in Nonconsolidated Affiliates (Tables)	Sep. 30, 2022
Equity Method Investments, Joint Ventures And Cost Method Investments [Abstract]
Cost and Equity Method Investments	The Company’s investments in nonconsolidated affiliates, which are accounted for under the equity method of accounting or as equity investments without readily determinable fair value, are included within Other non-current assets on the accompanying condensed consolidated balance sheets and consisted of the following: Investment As of Ownership Percentage September 30, June 30, Equity method investments: SACO Technologies Inc. (“SACO”) 30 % $ 27,786 $ 31,448 Others 4,749 5,248 Equity securities without readily determinable fair values 9,076 7,108 Total investments in nonconsolidated affiliates $ 41,611 $ 43,804
Equity Securities with Readily Determinable Fair Value	The carrying fair value of these investments, which are reported under Other non-current assets in the accompanying condensed balance sheets as of September 30, 2022 and June 30, 2022, are as follows: Equity Investments with Readily Determinable Fair Value September 30, June 30, Townsquare Class A common stock $ 4,234 $ 4,776 Townsquare Class C common stock 19,057 21,499 DraftKings common stock 10,142 10,146 Total Equity Investment with Readily Determinable Fair Values $ 33,433 $ 36,421
Gain (Loss) on Securities	The following table summarizes the realized and unrealized gain (loss) on equity investments with and without readily determinable fair value, which is reported in Other income (expenses), net, for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 2021 Unrealized (loss) gain— Townsquare $ (2,983) $ 1,027 Unrealized gain (loss) — DraftKings 2,324 (3,487) Unrealized gain — Other 1,969 — Gains from shares sold — DraftKings 1,489 — Total Realized and Unrealized gain (loss) $ 2,799 $ (2,460) Supplemental information on realized gain: Shares of common stock sold — DraftKings 200 — Cash proceeds from common stock sold — DraftKings $ 3,819 $ —

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended
Property and Equipment (Tables)	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	As of September 30, 2022 and June 30, 2022, property and equipment consisted of the following: September 30, June 30, Land $ 133,893 $ 140,239 Buildings 1,035,072 997,345 Equipment, furniture and fixtures 499,382 477,040 Aircraft 38,090 38,090 Leasehold improvements 229,692 232,819 Construction in progress (a) 2,286,737 2,031,972 Total Property and equipment 4,222,866 3,917,505 Less accumulated depreciation and amortization (996,430) (978,453) Property and equipment, net $ 3,226,436 $ 2,939,052 _________________ (a) Construction in progress includes labor and interest that are capitalized during the construction period for significant long term construction projects. These costs primarily relate to the construction of MSG Sphere in Las Vegas. For the three months ended September 30, 2022, the Company capitalized $20,466 of interest.

Credit Facilities (Tables)

Credit Facilities (Tables)	3 Months Ended
Credit Facilities (Tables)	Sep. 30, 2022
Line of Credit Facility [Abstract]
Schedule of Debt Outstanding and Deferred Financing Costs	The following table summarizes the presentation of the outstanding balances under the Company’s credit agreements as of September 30, 2022 and June 30, 2022: September 30, 2022 June 30, 2022 Principal Unamortized Deferred Financing Costs Net Principal Unamortized Deferred Financing Costs Net Current portion MSG Networks Term Loan $ 74,250 $ (1,219) $ 73,031 $ 66,000 $ (1,231) $ 64,769 National Properties Term Loan Facility 12,188 (3,213) 8,975 8,125 (3,213) 4,912 Tao Term Loan Facility 3,750 (225) 3,525 3,750 (225) 3,525 Other debt 637 — 637 637 — 637 Current portion of long-term debt, net of deferred financing costs $ 90,825 $ (4,657) $ 86,168 $ 78,512 $ (4,669) $ 73,843 September 30, 2022 June 30, 2022 Principal Unamortized Deferred Financing Costs Net Principal Unamortized Deferred Financing Costs Net Non-current portion MSG Networks Term Loan $ 911,625 $ (1,185) $ 910,440 $ 932,250 $ (1,484) $ 930,766 National Properties Term Loan Facility 637,812 (12,048) 625,764 641,875 (12,851) 629,024 National Properties Revolving Credit Facility 36,960 — 36,960 29,100 — 29,100 Tao Term Loan Facility 70,313 (839) 69,474 71,250 (895) 70,355 Tao Revolving Credit Facility 10,000 — 10,000 10,000 — 10,000 Long-term debt, net of deferred financing costs $ 1,666,710 $ (14,072) $ 1,652,638 $ 1,684,475 $ (15,230) $ 1,669,245
Interest Payments and Loan Principal Repayments	Interest payments and loan principal repayments made by the Company under the credit agreements were as follows: Interest Payments Loan Principal Repayments Three Months Ended Three Months Ended September 30, September 30, 2022 2021 2022 2021 MSG Networks Credit Facilities $ 9,596 $ 4,427 $ 12,375 $ 12,375 National Properties Credit Facilities 2,804 11,585 — 1,625 Tao Credit Facilities 981 241 937 16,250 $ 13,381 $ 16,253 $ 13,312 $ 30,250 The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: September 30, 2022 June 30, 2022 Carrying Value (a) Fair Carrying Value (a) Fair Liabilities: MSG Networks Credit Facilities $ 985,875 $ 961,228 $ 998,250 $ 958,320 National Properties Credit Facilities 686,960 669,786 679,100 679,100 Tao Senior Credit Facilities 84,063 82,689 85,000 82,569 Total Long-term debt $ 1,756,898 $ 1,713,703 $ 1,762,350 $ 1,719,989 __________________________ (a) The total carrying value of the Company’s financial instruments is equal to the current and non-current principal payments for the Company’s credit agreements excluding unamortized deferred financing costs of $18,729 and other debt of $637.

Pension Plans and Other Postr_2

Pension Plans and Other Postretirement Benefit Plan (Tables)	3 Months Ended
	Sep. 30, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Net Periodic Benefit Cost	The following tables present components of net periodic benefit cost for the Pension Plans and Postretirement Plans included in the accompanying condensed consolidated statements of operations for the three months ended September 30, 2022 and 2021. Service cost is recognized in direct operating expenses and selling, general and administrative expenses. All other components of net periodic benefit cost are reported in Other income (expense), net. Pension Plans Postretirement Plans Three Months Ended Three Months Ended September 30, September 30, 2022 2021 2022 2021 Service cost $ 123 $ 118 $ 15 $ 16 Interest cost 1,189 1,190 19 20 Expected return on plan assets (1,719) (1,719) — — Recognized actuarial loss 501 501 9 9 Net periodic benefit cost $ 94 $ 90 $ 43 $ 45
Schedule of Defined Contribution Plans	For the three months ended September 30, 2022 and 2021, expenses related to the Savings Plans and Union Savings Plan included in the accompanying condensed consolidated statements of operations are as follows: Three Months Ended September 30, 2022 2021 Savings Plans $ 2,565 $ 2,019 Union Savings Plan $ 18 $ 14

Share-based Compensation (Table

Share-based Compensation (Tables)	3 Months Ended
Share-based Compensation (Tables)	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Expense	The following table summarizes the Company’s share-based compensation expense: Three Months Ended September 30, 2022 2021 Share-based compensation (a) $ 15,188 $ 19,528 Intrinsic value of awards vested (b) $ 32,132 $ 32,213 _________________ (a) Share-based compensation excludes costs that have been capitalized of $910 and $751 for the three months ended September 30, 2022 and 2021, respectively. (b) To fulfill required statutory tax withholding obligations for the applicable income and other employment taxes, RSUs and PSUs with an aggregate value of $14,517 and $15,189 were retained by the Company during the three months ended September 30, 2022, and 2021, respectively. The aggregate value of the RSUs and PSUs retained included $243 and $477 related to MSG Sports employees, during the three months ended September 30, 2022, and 2021, respectively.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
Stockholders' Equity (Tables)	Sep. 30, 2022
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table details the components of accumulated other comprehensive loss: Three Months Ended September 30, 2022 Pension Plans and Cumulative Accumulated Balance as of June 30, 2022 $ (40,287) $ (8,068) $ (48,355) Other comprehensive loss — (16,080) (16,080) Amounts reclassified from accumulated other comprehensive loss (a) 510 — 510 Income tax benefit (expense) (10) 2,954 2,944 Other comprehensive income (loss) 500 (13,126) (12,626) Balance as of September 30, 2022 $ (39,787) $ (21,194) $ (60,981) Three Months Ended September 30, 2021 Pension Plans and Cumulative Accumulated Balance as of June 30, 2021 $ (45,425) $ 15,153 $ (30,272) Other comprehensive loss — (6,418) (6,418) Amounts reclassified from accumulated other comprehensive loss (a) 510 — 510 Income tax benefits (expense) (94) 1,214 1,120 Other comprehensive income (loss) 416 (5,204) (4,788) Balance as of September 30, 2021 $ (45,009) $ 9,949 $ (35,060) _________________ (a) Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Other income (expense), net in the accompanying condensed consolidated statements of operations (see Note 9, Pension Plans and Other Postretirement Benefit Plans).

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
Related Party Transactions (Tables)	Sep. 30, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying condensed consolidated statements of operations for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 2021 Revenues $ 5,197 $ 4,368 Operating expenses (credits): Media rights fees $ 42,767 $ 40,445 Revenue sharing expenses 1,187 763 Reimbursement under Arena License Agreements (493) (377) Cost reimbursement from MSG Sports - per Transition services agreement (9,517) (9,216) Origination, master control and technical services 1,232 1,208 Other operating expenses, net 838 2,122 Total operating expenses, net (a) $ 36,014 $ 34,945 _________________ (a) Of the total operating expenses, net, $44,999, and $42,205 for three months ended September 30, 2022 and, 2021, respectively, are included in direct operating expenses in the accompanying condensed consolidated statements of operations, and $(8,985), and $(7,260) for three months ended September 30, 2022 and 2021, respectively, are included as net credits in selling, general and administrative expenses.

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information, by Segment	Three Months Ended September 30, 2022 Entertainment MSG Networks Tao Group Hospitality Purchase Inter-segment eliminations Total Revenues $ 147,102 $ 122,479 $ 132,651 $ — $ (1,014) $ 401,218 Direct operating expenses (101,765) (75,420) (76,577) (586) 447 (253,901) Selling, general and administrative expenses (103,362) (17,816) (43,546) — 314 (164,410) Depreciation and amortization (19,283) (1,618) (6,630) (2,224) — (29,755) Impairment and other gains 2,000 — — — — 2,000 Operating (loss) income $ (75,308) $ 27,625 $ 5,898 $ (2,810) $ (253) $ (44,848) Interest income, net 1,787 Other income, net 1,525 Loss from operations before income taxes $ (41,536) Reconciliation of operating (loss) income to adjusted operating (loss) income: Operating (loss) income $ (75,308) $ 27,625 $ 5,898 $ (2,810) $ (253) $ (44,848) Add back: Non-cash portion of arena license fees from MSG Sports (519) — — — — (519) Share-based compensation 11,432 1,704 2,052 — — 15,188 Depreciation and amortization 19,283 1,618 6,630 2,224 — 29,755 Impairment and other gains (2,000) — — — — (2,000) Merger and acquisition related costs 2,749 1,901 — — — 4,650 Amortization for capitalized cloud computing costs 77 44 — — — 121 Other purchase accounting adjustments — — — 586 — 586 Remeasurement of deferred compensation plan liabilities (154) — — — — (154) Adjusted operating (loss) income $ (44,440) $ 32,892 $ 14,580 $ — $ (253) $ 2,779 Other information: Capital expenditures $ 265,092 $ 1,227 $ 5,769 $ — $ — $ 272,088 Three Months Ended September 30, 2021 Entertainment MSG Networks Tao Group Hospitality Purchase Inter-segment eliminations Total Revenues $ 34,239 $ 141,473 $ 119,464 $ — $ (666) $ 294,510 Direct operating expenses (36,302) (68,423) (61,093) (85) 142 (165,761) Selling, general and administrative expenses (92,962) (47,975) (34,094) — 192 (174,839) Depreciation and amortization (19,656) (1,797) (6,378) (1,599) — (29,430) Impairment and other losses — — (7,818) — — (7,818) Operating (loss) income $ (114,681) $ 23,278 $ 10,081 $ (1,684) $ (332) $ (83,338) Interest expense, net (8,473) Other expense, net (3,754) Loss from operations before income taxes $ (95,565) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating (loss) income $ (114,681) $ 23,278 $ 10,081 $ (1,684) $ (332) $ (83,338) Add back: Non-cash portion of arena license fees from MSG Sports (543) — — — — (543) Share-based compensation 10,143 7,474 1,911 — — 19,528 Depreciation and amortization 19,656 1,797 6,378 1,599 — 29,430 Impairment and other losses — — 7,818 — — 7,818 Merger and acquisition related costs 13,992 23,200 — — — 37,192 Amortization for capitalized cloud computing costs 41 44 — — — 85 Other purchase accounting adjustments — — — 85 — 85 Adjusted operating (loss) income $ (71,392) $ 55,793 $ 26,188 $ — $ (332) $ 10,257 Other information: Capital expenditures $ 133,538 $ 1,449 $ 2,284 $ — $ — $ 137,271
Schedules of Concentration of Risk, by Risk Factor	Concentration of Risk Accounts receivable, net on the accompanying condensed consolidated balance sheets as of September 30, 2022 and June 30, 2022 include amounts due from the following individual customers, substantially derived from the MSG Networks segment, which accounted for the noted percentages of the gross balance: September 30, June 30, Customer A 13 % 14 % Customer B 13 % 12 % Customer C 11 % 10 % Revenues in the accompanying condensed consolidated statements of operations for the three months ended September 30, 2022 and 2021 include amounts from the following individual customers, primarily derived from the MSG Networks segment, which accounted for the noted percentages of the total: Three Months Ended September 30, 2022 2021 Customer 1 N/A 15 % Customer 2 N/A 13 % Customer 3 N/A 10 %

Additional Financial Informat_2

Additional Financial Information (Tables)	3 Months Ended
Additional Financial Information (Tables)	Sep. 30, 2022
Additional Financial Information [Abstract]
Schedule Of Cash, Cash Equivalents, and Restricted Cash	The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. September 30, June 30, Cash and cash equivalents $ 441,350 $ 828,540 Restricted cash 17,543 17,470 Total cash, cash equivalents and restricted cash $ 458,893 $ 846,010
Cash, Cash Equivalents and Restricted Cash	The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. September 30, June 30, Cash and cash equivalents $ 441,350 $ 828,540 Restricted cash 17,543 17,470 Total cash, cash equivalents and restricted cash $ 458,893 $ 846,010
Schedule of Other Current Assets	Prepaid expenses and other current assets consisted of the following: September 30, June 30, Prepaid expenses $ 95,184 $ 86,022 Related party receivables 36,898 32,541 Inventory (a) 14,383 13,511 Notes and other receivables 9,811 2,726 Other 23,439 21,194 Total prepaid expenses and other current assets $ 179,715 $ 155,994 _________________ (a) Inventory is mostly comprised of food and liquor for performance venues and Tao Group Hospitality.
Schedule of Intangible Assets	Intangible assets, net consisted of the following: September 30, June 30, Amortizable intangible assets, net $ 158,204 $ 164,084 Indefinite-lived intangible assets 63,801 63,801 Intangible assets, net $ 222,005 $ 227,885
Other Current Liabilities	Accounts payable, accrued and other current liabilities consisted of the following: September 30, June 30, Accounts payable $ 42,492 $ 31,980 Related party payables 27,318 38,576 Accrued payroll and employee related liabilities 82,951 154,134 Cash due to promoters 36,445 78,428 Capital expenditure accruals 235,847 206,462 Accrued expenses 92,212 79,666 Total accounts payable, accrued and other current liabilities $ 517,265 $ 589,246
Schedule of Other Nonoperating Income (Expense)	Other income (expense), net includes the following: Three Months Ended September 30, 2022 2021 Loss on equity method investments $ (2,128) $ (1,207) Gains from shares sold — DraftKings 1,489 — Net unrealized loss on equity investments with readily determinable fair value (659) (2,460) Unrealized gain on equity investments without readily determinable fair value 1,969 — Other 854 (87) Total Other income (expense), net $ 1,525 $ (3,754) Income Taxes During the three months ended September 30, 2022 and 2021, the Company received income tax refunds, net of payments, of $508 and $9,143, respectively.

Description of Business and B_2

Description of Business and Basis of Presentation - Narrative (Details)	3 Months Ended
	Sep. 30, 2022 segment
Description Of Business And Basis Of Presentation [Abstract]
Number of reportable segments	3

Restructuring Charges (Details)

Restructuring Charges (Details) $ in Thousands	3 Months Ended
Restructuring Charges (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Restructuring Cost and Reserve [Roll Forward]
Restructuring reserve, beginning balance	$ 8,081
Restructuring charges	0
Payments for Restructuring	(148)
Restructuring reserve, ending balance	$ 7,933

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Revenue Recognition [Abstract]
Revenue from leases and subleases	$ 2,786	$ 2,316

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 398,432	$ 292,194
Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	(1,014)	(666)
Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	144,316	31,923
MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	122,479	141,473
Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	132,651	119,464
Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	747	351
Other \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Other \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	747	351
Other \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Other \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	72,132	16,836
Ticketing and venue license fee revenues \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Ticketing and venue license fee revenues \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	72,132	16,836
Ticketing and venue license fee revenues \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Ticketing and venue license fee revenues \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Sponsorship and signage, suite and advertising commission revenues
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	44,343	10,403
Sponsorship and signage, suite and advertising commission revenues \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	(791)	(410)
Sponsorship and signage, suite and advertising commission revenues \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	45,134	10,813
Sponsorship and signage, suite and advertising commission revenues \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Sponsorship and signage, suite and advertising commission revenues \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Revenues from entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	132,428	119,208
Revenues from entertainment dining and nightlife offerings \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	(223)	(256)
Revenues from entertainment dining and nightlife offerings \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Revenues from entertainment dining and nightlife offerings \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Revenues from entertainment dining and nightlife offerings \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	132,651	119,464
Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	26,303	3,923
Food, beverage and merchandise revenues \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Food, beverage and merchandise revenues \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	26,303	3,923
Food, beverage and merchandise revenues \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Food, beverage and merchandise revenues \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Media Networks Revenue
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	122,479	141,473
Media Networks Revenue \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Media Networks Revenue \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Media Networks Revenue \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	122,479	141,473
Media Networks Revenue \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Transferred at Point in Time \| Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	218,260	131,089
Transferred at Point in Time \| Event-related and entertainment dining and nightlife offerings \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	(48)	(181)
Transferred at Point in Time \| Event-related and entertainment dining and nightlife offerings \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	102,790	22,580
Transferred at Point in Time \| Event-related and entertainment dining and nightlife offerings \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Transferred at Point in Time \| Event-related and entertainment dining and nightlife offerings \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	115,518	108,690
Transferred at Point in Time \| Other
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	19,334	12,087
Transferred at Point in Time \| Other \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	(552)	(485)
Transferred at Point in Time \| Other \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	3,133	1,567
Transferred at Point in Time \| Other \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	423	366
Transferred at Point in Time \| Other \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	16,330	10,639
Transferred over Time \| Sponsorship, signage and suite licenses
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	39,026	8,547
Transferred over Time \| Sponsorship, signage and suite licenses \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	(414)	0
Transferred over Time \| Sponsorship, signage and suite licenses \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	38,393	7,776
Transferred over Time \| Sponsorship, signage and suite licenses \| Entertainment \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	376	410
Transferred over Time \| Sponsorship, signage and suite licenses \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	244	636
Transferred over Time \| Sponsorship, signage and suite licenses \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	803	135
Transferred over Time \| Media related, primarily from affiliation agreements
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	121,812	140,471
Transferred over Time \| Media related, primarily from affiliation agreements \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Transferred over Time \| Media related, primarily from affiliation agreements \| Entertainment \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	0	0
Transferred over Time \| Media related, primarily from affiliation agreements \| MSG Networks \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	121,812	140,471
Transferred over Time \| Media related, primarily from affiliation agreements \| Tao Group Hospitality \| Operating segments
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 0	$ 0

Revenue Recognition - Contract

Revenue Recognition - Contract Balances (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022
Contract Assets and Liabilities [Line Items]
Contract with customer, deferred revenue, revenue recognized	$ 105,586
Receivables from contracts with customers, net
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	200,394	$ 215,261
Contract assets, current
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	7,196	5,503
Contract assets, non-current
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	869	756
Deferred revenue, including non-current portion
Contract Assets and Liabilities [Line Items]
Deferred revenue, including non-current portion	254,162	228,703
Affiliated Entities \| Net related party receivables
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	$ 3,719	$ 4,618

Revenue Recognition - Remaining

Revenue Recognition - Remaining Performance Obligation (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 680,000
Revenue, remaining performance obligation, percentage	52%
Revenue, remaining performance obligation, expected timing of satisfaction, period	2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, percentage	33%
Revenue, remaining performance obligation, expected timing of satisfaction, period	2 years

Investments in Nonconsolidate_3

Investments in Nonconsolidated Affiliates Schedule Without Readily Determinable Fair Values (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Schedule of Investments [Line Items]
Investments	$ 41,611	$ 43,804
Equity Method Investments \| SACO Technologies Inc. (“SACO”)
Schedule of Investments [Line Items]
Ownership Percentage	30%
Investments	$ 27,786	31,448
Equity Method Investments \| Others
Schedule of Investments [Line Items]
Investments	4,749	5,248
Equity securities without readily determinable fair values
Schedule of Investments [Line Items]
Investments	$ 9,076	$ 7,108

Investments in Nonconsolidate_4

Investments in Nonconsolidated Affiliates Schedule With Readily Determinable Fair Values (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Debt and Equity Securities, FV-NI [Line Items]
Equity Securities, FV-NI	$ 33,433		$ 36,421
Total Realized and Unrealized gain (loss)	2,799	$ (2,460)
Townsquare
Debt and Equity Securities, FV-NI [Line Items]
Loss on equity method investments	(2,983)	1,027
Townsquare \| Common Stock \| Common Class A
Debt and Equity Securities, FV-NI [Line Items]
Equity Securities, FV-NI	4,234		4,776
Townsquare \| Common Stock \| Common Class C
Debt and Equity Securities, FV-NI [Line Items]
Equity Securities, FV-NI	19,057		21,499
Draftkings
Debt and Equity Securities, FV-NI [Line Items]
Loss on equity method investments	2,324	(3,487)
Gains from shares sold — DraftKings	$ 1,489	$ 0
Supplemental information on realized gain:
Shares of common stock sold - DraftKings (in shares)	200	0
Cash proceeds from common stock sold — DraftKings	$ 3,819	$ 0
Draftkings \| Common Stock \| Common Stock
Debt and Equity Securities, FV-NI [Line Items]
Equity Securities, FV-NI	10,142		$ 10,146
Other Investments
Debt and Equity Securities, FV-NI [Line Items]
Loss on equity method investments	$ 1,969	$ 0

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Property and equipment	$ 4,222,866		$ 3,917,505
Less accumulated depreciation and amortization	(996,430)		(978,453)
Property and equipment, net	3,226,436		2,939,052
Capitalized interest	20,466	$ 9,326
Land
Property, Plant and Equipment [Line Items]
Property and equipment	133,893		140,239
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment	1,035,072		997,345
Equipment, furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment	499,382		477,040
Aircraft
Property, Plant and Equipment [Line Items]
Property and equipment	38,090		38,090
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment	229,692		232,819
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment	$ 2,286,737		$ 2,031,972

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Thousands			3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Capital expenditures incurred but not yet paid	$ 235,847	$ 206,462	$ 35,986	$ 16,052
Depreciation			$ 25,307	$ 25,120

Commitments and Contingencies N

Commitments and Contingencies Narrative (Details) $ in Thousands		3 Months Ended
	Sep. 10, 2021 claim	Sep. 30, 2022 claim complaint	Sep. 19, 2022 claim	Jun. 30, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Contractual obligation \| $				$ 3,898,281
Loss contingency, number of complaints filed \| complaint		15
Loss Contingencies [Line Items]
Loss contingency, number of complaints filed \| complaint		15
Loss contingency, remaining claims filed involving fiduciary breaches		2
Loss contingency, new claims filed, number	2
Loss contingency, number of consolidated claims		4
Loss contingency, number of consolidated claims with approved case schedule			2
MSG Networks Inc. Merger
Loss Contingencies [Line Items]
Loss contingency, new claims filed with incomplete and misleading information		9
Loss contingency, new claims filed involving fiduciary breaches		6

Credit Facilities - MSG Network

Credit Facilities - MSG Networks Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Oct. 11, 2019	Jun. 30, 2022
Debt Instrument [Line Items]
Principal	$ 1,666,710		$ 1,684,475
MSG Networks Credit Facilities \| Measurement Input, Leverage Ratio \| Incremental adjustment
Debt Instrument [Line Items]
Debt instrument, measurement input	6
MSG Networks Credit Facilities \| Maximum \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	5.50
MSG Networks Credit Facilities \| Minimum \| Measurement Input, Interest Coverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	2
MSG Networks \| MSG Networks Credit Facilities \| Measurement Input, Default Rate
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Increase (Decrease)		2%
MSG Networks \| MSG Networks Credit Facilities \| Maximum
Debt Instrument [Line Items]
Commitment fee percentage		0.30%
MSG Networks \| MSG Networks Credit Facilities \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		1.25%
MSG Networks \| MSG Networks Credit Facilities \| Maximum \| Eurocurrency Rate
Debt Instrument [Line Items]
Basis spread on variable rate		2.25%
MSG Networks \| MSG Networks Credit Facilities \| Minimum
Debt Instrument [Line Items]
Commitment fee percentage		0.225%
MSG Networks \| MSG Networks Credit Facilities \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.25%
MSG Networks \| MSG Networks Credit Facilities \| Minimum \| Eurocurrency Rate
Debt Instrument [Line Items]
Basis spread on variable rate		1.25%
MSG Networks \| Revolving Credit Facility \| Maximum
Debt Instrument [Line Items]
Commitment fee percentage	0.50%
MSG Networks \| Revolving Credit Facility \| Minimum
Debt Instrument [Line Items]
Commitment fee percentage	0.30%
MSG Networks \| Revolving Credit Facility \| MSG Networks Credit Facilities
Debt Instrument [Line Items]
Long-term debt, term		5 years
Principal	$ 0
MSG Networks \| Revolving Credit Facility \| MSG Networks Term Loan Facility \| Maximum
Debt Instrument [Line Items]
Letters of credit outstanding, amount		$ 35,000
Secured Debt
Debt Instrument [Line Items]
Face amount		1,100,000
Secured Debt \| MSG Networks
Debt Instrument [Line Items]
Long-term debt, percentage bearing variable interest rate, percentage rate	4.615%
Revolving Credit Facility \| MSG Networks
Debt Instrument [Line Items]
Face amount		$ 250,000

Credit Facilities - National Pr

Credit Facilities - National Properties Narrative (Details) - USD ($) $ in Thousands				3 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Oct. 11, 2019	Sep. 30, 2022
Debt Instrument [Line Items]
Principal	$ 1,666,710	$ 1,684,475		$ 1,666,710
MSG National Properties LLC
Debt Instrument [Line Items]
Debt covenant, minimum consolidated liquidity	$ 50,000			$ 50,000
MSG Networks \| Minimum \| Revolving Credit Facility
Debt Instrument [Line Items]
Commitment fee percentage	0.30%
MSG Networks \| Maximum \| Revolving Credit Facility
Debt Instrument [Line Items]
Commitment fee percentage	0.50%
Revolving Credit Facility \| MSG Networks
Debt Instrument [Line Items]
Face amount			$ 250,000
Secured Debt
Debt Instrument [Line Items]
Face amount			$ 1,100,000
Secured Debt \| MSG Networks
Debt Instrument [Line Items]
Long-term debt, percentage bearing variable interest rate, percentage rate	4.615%			4.615%
National Properties June2022 Senior Secured Term Loan Agreement \| Loans Payable \| MSG National Properties LLC
Debt Instrument [Line Items]
Debt instrument term		5 years
National Properties June2022 Senior Secured Term Loan Agreement \| Senior Loans \| MSG National Properties LLC
Debt Instrument [Line Items]
Face amount		$ 650,000
Principal	$ 7,860			$ 7,860
National Properties June2022 Senior Secured Term Loan Agreement \| Revolving Credit Facility \| MSG National Properties LLC
Debt Instrument [Line Items]
Debt instrument term				5 years
Face amount		$ 100,000
Principal	$ 63,040			$ 63,040
National Properties Credit Agreement \| MSG National Properties LLC
Debt Instrument [Line Items]
Long-term debt, percentage bearing variable interest rate, percentage rate	6.18%			6.18%
National Properties Credit Agreement \| MSG National Properties LLC \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
National Properties Credit Agreement \| MSG National Properties LLC \| Minimum \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
National Properties Credit Agreement \| MSG National Properties LLC \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	250%
National Properties Credit Agreement \| MSG National Properties LLC \| Maximum \| Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate	3.50%
MSG Networks Credit Facilities \| Measurement Input, Leverage Ratio \| Maximum
Debt Instrument [Line Items]
Debt instrument, measurement input	5.50			5.50
MSG Networks Credit Facilities \| MSG National Properties LLC \| Debt Instrument, Redemption, Period One \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	2			2
MSG Networks Credit Facilities \| MSG National Properties LLC \| Debt Instrument, Redemption, Period Two \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	2.5			2.5
MSG Networks Credit Facilities \| MSG National Properties LLC \| Debt Instrument, Redemption, Period Three \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	6			6
MSG Networks Credit Facilities \| MSG National Properties LLC \| Debt Instrument, Redemption, Period Four \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	5.5			5.5
MSG Networks Credit Facilities \| MSG National Properties LLC \| Debt Instrument, Redemption, Period Five \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	4.5			4.5
MSG Networks Credit Facilities \| MSG Networks \| Revolving Credit Facility
Debt Instrument [Line Items]
Principal	$ 0			$ 0
MSG Networks Credit Facilities \| MSG Networks \| Minimum
Debt Instrument [Line Items]
Commitment fee percentage			0.225%
MSG Networks Credit Facilities \| MSG Networks \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate			0.25%
MSG Networks Credit Facilities \| MSG Networks \| Maximum
Debt Instrument [Line Items]
Commitment fee percentage			0.30%
MSG Networks Credit Facilities \| MSG Networks \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate			1.25%
MSG Networks Credit Facilities \| Secured Debt \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Prepayment premium, debt instrument, interest rate, stated percentage	2.50%			2.50%
Prepayment premium, debt instrument, interest rate per quarter, stated percentage	0.625%			0.625%
MSG Networks Credit Facilities \| Secured Debt \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Prepayment premium, debt instrument, interest rate, stated percentage	5%			5%
Prepayment premium, debt instrument, interest rate per quarter, stated percentage	1.25%			1.25%

Credit Facilities - TAO Narrati

Credit Facilities - TAO Narrative (Details) $ in Thousands	Jun. 09, 2022 USD ($)	May 23, 2019	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)
Debt Instrument [Line Items]
Principal			$ 1,666,710	$ 1,684,475
Restated Tao Senior Credit Agreement \| Tao Group Hospitality
Debt Instrument [Line Items]
Commitment fee percentage	0.375%
Long-term debt, percentage bearing variable interest rate, percentage rate			5.35%
Debt covenant, minimum consolidated liquidity	$ 20,000
Debt instrument, covenant, maximum consolidated liquidity	$ 30,000
Debt instrument, covenant, carry forward term	1 year
Debt instrument, covenant, carry forward amount	$ 20,000
Debt instrument, covenant, maximum incremental borrowing	50,000
Restated Tao Senior Credit Agreement \| Tao Group Hospitality \| Maximum
Debt Instrument [Line Items]
Debt instrument, covenant, cash netting	$ 10,000
Restated Tao Senior Credit Agreement \| Tao Group Hospitality \| Maximum \| Measurement Input, Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	3.50
Restated Tao Senior Credit Agreement \| Tao Group Hospitality \| Maximum \| Measurement Input, Senior Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	2.50
Restated Tao Senior Credit Agreement \| Tao Group Hospitality \| Minimum \| Measurement Input, Fixed Charge Coverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input	1.25
Restated Tao Senior Credit Agreement \| Term Loan \| Tao Group Hospitality
Debt Instrument [Line Items]
Face amount	$ 75,000
Long-term debt, term	5 years
Letters of credit outstanding, amount			$ 750
Restated Tao Senior Credit Agreement \| Revolving Credit Facility \| Tao Group Hospitality
Debt Instrument [Line Items]
Face amount	$ 60,000
Long-term debt, term	5 years
Principal			$ 49,250
Tao Revolving Credit Facility \| Tao Group Hospitality \| Maximum \| Revolving Credit Facility
Debt Instrument [Line Items]
Letters of credit outstanding, amount	$ 5,000
TAO 2019 Senior Credit Agreement \| Tao Group Hospitality
Debt Instrument [Line Items]
Commitment fee percentage		0.50%
TAO 2019 Senior Credit Agreement \| Tao Group Hospitality \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2%
TAO 2019 Senior Credit Agreement \| Tao Group Hospitality \| Maximum \| Eurocurrency Rate
Debt Instrument [Line Items]
Basis spread on variable rate	3%
TAO 2019 Senior Credit Agreement \| Tao Group Hospitality \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
TAO 2019 Senior Credit Agreement \| Tao Group Hospitality \| Minimum \| Eurocurrency Rate
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%

Credit Facilities - Debt Outsta

Credit Facilities - Debt Outstanding and Deferred Financing Costs (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Debt Instrument [Line Items]
Principal	$ 1,666,710	$ 1,684,475
Unamortized Deferred Financing Costs	(14,072)	(15,230)
Net	1,652,638	1,669,245
Current portion of long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	90,825	78,512
Unamortized Deferred Financing Costs	(4,657)	(4,669)
Net	86,168	73,843
Secured Debt \| MSG Networks \| Current portion of long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	74,250	66,000
Unamortized Deferred Financing Costs	(1,219)	(1,231)
Net	73,031	64,769
Secured Debt \| MSG Networks \| Long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	911,625	932,250
Unamortized Deferred Financing Costs	(1,185)	(1,484)
Net	910,440	930,766
Secured Debt \| Tao Group Hospitality \| Current portion of long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	3,750	3,750
Unamortized Deferred Financing Costs	(225)	(225)
Net	3,525	3,525
Secured Debt \| Tao Group Hospitality \| Long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	70,313	71,250
Unamortized Deferred Financing Costs	(839)	(895)
Net	69,474	70,355
Secured Debt \| MSG National Properties LLC \| Current portion of long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	12,188	8,125
Unamortized Deferred Financing Costs	(3,213)	(3,213)
Net	8,975	4,912
Secured Debt \| MSG National Properties LLC \| Long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	637,812	641,875
Unamortized Deferred Financing Costs	(12,048)	(12,851)
Net	625,764	629,024
Revolving Credit Facility \| Tao Group Hospitality \| Long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	10,000	10,000
Unamortized Deferred Financing Costs	0	0
Net	10,000	10,000
Revolving Credit Facility \| MSG National Properties LLC \| Long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	36,960	29,100
Unamortized Deferred Financing Costs	0	0
Net	36,960	29,100
Other Debt Obligations \| Current portion of long-term debt net of deferred financing costs
Debt Instrument [Line Items]
Principal	637	637
Unamortized Deferred Financing Costs	0	0
Net	$ 637	$ 637

Credit Facilities - Schedule of

Credit Facilities - Schedule of Credit Facilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Line of Credit Facility [Line Items]
Total long-term debt, carrying value	$ 1,756,898		$ 1,762,350
Total long-term debt, fair value	1,713,703		1,719,989
Other debt	1,666,710		1,684,475
Current portion of long-term debt net of deferred financing costs
Line of Credit Facility [Line Items]
Other debt	90,825		78,512
Secured Debt
Line of Credit Facility [Line Items]
Unamortized deferred financing costs	18,729
Other Debt Obligations \| Current portion of long-term debt net of deferred financing costs
Line of Credit Facility [Line Items]
Other debt	637		637
MSG Networks \| Secured Debt \| Current portion of long-term debt net of deferred financing costs
Line of Credit Facility [Line Items]
Other debt	74,250		66,000
MSG National Properties LLC \| Secured Debt \| Current portion of long-term debt net of deferred financing costs
Line of Credit Facility [Line Items]
Other debt	12,188		8,125
Tao Group Hospitality \| Secured Debt \| Current portion of long-term debt net of deferred financing costs
Line of Credit Facility [Line Items]
Other debt	3,750		3,750
MSG Networks Term Loan Facility \| Debt
Line of Credit Facility [Line Items]
Carrying Value	985,875		998,250
Fair Value	961,228		958,320
MSG Networks Term Loan Facility \| MSG Networks
Line of Credit Facility [Line Items]
Interest Payments	9,596	$ 4,427
Loan Principal Repayments	12,375	12,375
National Properties Nov2020 Senior Secured Term Loan Agreement \| Debt
Line of Credit Facility [Line Items]
Carrying Value	686,960		679,100
Fair Value	669,786		679,100
National Properties Nov2020 Senior Secured Term Loan Agreement \| MSG National Properties LLC
Line of Credit Facility [Line Items]
Interest Payments	2,804	11,585
Loan Principal Repayments	0	1,625
TAO 2019 Senior Credit Agreement \| Debt
Line of Credit Facility [Line Items]
Carrying Value	84,063		85,000
Fair Value	82,689		$ 82,569
TAO 2019 Senior Credit Agreement \| Tao Group Hospitality
Line of Credit Facility [Line Items]
Interest Payments	981	241
Loan Principal Repayments	937	16,250
MSG Networks National Properties and Tao
Line of Credit Facility [Line Items]
Interest Payments	13,381	16,253
Loan Principal Repayments	$ 13,312	$ 30,250

Pension Plans and Other Postr_3

Pension Plans and Other Postretirement Benefit Plan (Schedule of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Pension Plans and Postretirement Plans
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 123	$ 118
Interest cost	1,189	1,190
Expected return on plan assets	(1,719)	(1,719)
Recognized actuarial loss	501	501
Net periodic benefit cost	94	90
Postretirement Plans
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	15	16
Interest cost	19	20
Expected return on plan assets	0	0
Recognized actuarial loss	9	9
Net periodic benefit cost	$ 43	$ 45

Defined Contribution Plan Sched

Defined Contribution Plan Schedule of Defined Contribution Plans (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Savings Plans
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan (benefit) cost	$ 2,565	$ 2,019
Union Savings Plan
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan (benefit) cost	$ 18	$ 14

Pension Plans and Other Postr_4

Pension Plans and Other Postretirement Benefit Plan - Narrative (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2022 USD ($) plan
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Defined benefit plan, plan assets, contributions by employer \| $	$ 500
Defined Benefit Plan, Number Of Sponsored Plans \| plan	2

Share-based Compensation, Restr

Share-based Compensation, Restricted Stock Units Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation capitalized costs	$ 910	$ 751
Payment, tax withholding, share-based payment arrangement	13,967	14,903
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	15,188	19,528
Intrinsic value of awards vested	32,132	32,213
Payment, tax withholding, share-based payment arrangement	14,517	15,189
Restricted Stock Units (RSUs) \| Madison Square Garden Sports
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payment, tax withholding, share-based payment arrangement	$ 243	$ 477

Share-based Compensation Narrat

Share-based Compensation Narrative (Details) shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2022 USD ($) plan shares	Sep. 30, 2021 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share-based compensation plans \| plan	3
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted	598	445
Awards vested	493	326
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted	566	422
Awards vested	82	77
Employee \| Performance Stock Units and Restricted Stock Units \| The Madison Square Garden Company
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost \| $	$ 129,548
Period for recognition	2 years

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 1,963,221
Ending balance	1,907,003
Pension Plans and Postretirement Plans
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(40,287)	$ (45,425)
Other comprehensive loss	0	0
Amounts reclassified from accumulated other comprehensive loss	510	510
Income tax benefit (expense)	(10)	(94)
Other comprehensive income (loss)	500	416
Ending balance	(39,787)	(45,009)
Cumulative Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(8,068)	15,153
Other comprehensive loss	(16,080)	(6,418)
Amounts reclassified from accumulated other comprehensive loss	0	0
Income tax benefit (expense)	2,954	1,214
Other comprehensive income (loss)	(13,126)	(5,204)
Ending balance	(21,194)	9,949
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(48,355)	(30,272)
Other comprehensive loss	(16,080)	(6,418)
Amounts reclassified from accumulated other comprehensive loss	510	510
Income tax benefit (expense)	2,944	1,120
Other comprehensive income (loss)	(12,626)	(4,788)
Ending balance	$ (60,981)	$ (35,060)

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Preferred stock, shares authorized (in shares)	15,000,000	15,000,000
Preferred stock, par or stated value per share (in shares)	$ 0.01	$ 0.01
Preferred stock, shares outstanding (in shares)	0	0
2015 share repurchase program \| Common Class A
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock repurchase program, authorized amount			$ 350,000

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands			1 Months Ended	3 Months Ended		12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Aug. 31, 2022	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Related Party Transaction [Line Items]
Common stock exercisable term				60 days
Aggregate voting power held by related party	72.40%			72.40%
Capital expenditures incurred but not yet paid	$ 235,847	$ 206,462		$ 35,986	$ 16,052
Operating Expense
Related Party Transaction [Line Items]
Related party expense				$ 44,999	42,205
605 LLC
Related Party Transaction [Line Items]
Noncontrolling interest, ownership percentage by parent	50%			50%
BCE
Related Party Transaction [Line Items]
Notes payable, related parties	$ 897	$ 875		$ 897		$ 875
605 LLC
Related Party Transaction [Line Items]
Related party transaction agreement, aggregate amount	$ 1,000			1,000
Related party agreement, term			3 years
Related party transaction, subsidiary agreement amount			$ 750
Related party expense				70
Related party costs and expenses				$ 200
Common Class A
Related Party Transaction [Line Items]
Percentage of common stock owned by related party	5.50%			5.50%
Common Class B
Related Party Transaction [Line Items]
Percentage of common stock owned by related party	100%			100%
Other Nonconsolidated Affiliate
Related Party Transaction [Line Items]
Capital expenditures in connection with services provided				$ 50,670	$ 8,677
Capital expenditures incurred but not yet paid				$ 35,909		$ 25,028

Related Party Transactions (Tra

Related Party Transactions (Transactions by Type) (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Related Party Transaction [Line Items]
Revenues		$ 5,197	$ 4,368
Operating expenses (credits):
Total operating expenses, net		36,014	34,945
Selling, general and administrative expenses	[1]	(164,410)	(174,839)
Operating Expense
Operating expenses (credits):
Related party expense		44,999	42,205
Selling, General and Administrative Expenses
Operating expenses (credits):
Selling, general and administrative expenses		(8,985)	(7,260)
Madison Square Garden Sports \| Media rights fees
Operating expenses (credits):
Related party costs and expenses		42,767	40,445
Madison Square Garden Sports \| Revenue sharing expenses
Operating expenses (credits):
Related party costs and expenses		1,187	763
Madison Square Garden Sports \| Reimbursement under Arena License Agreements
Operating expenses (credits):
Related party costs and expenses		493	377
Madison Square Garden Sports \| Cost reimbursement from MSG Sports - per Transition services agreement
Operating expenses (credits):
Related party costs and expenses		9,517	9,216
AMC Networks \| Origination, master control and technical services
Operating expenses (credits):
Related party costs and expenses		1,232	1,208
Other Related Parties \| Other operating expenses, net
Operating expenses (credits):
Related party costs and expenses		$ 838	$ 2,122

[1]See Note 12, Related Party Transactions, for further information on related party revenues and expenses

Related Party Transactions (T_2

Related Party Transactions (Transactions by Type Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Related Party Transaction [Line Items]
Revenues from related parties	$ 5,197	$ 4,368
Knicks and Rangers \| The Garden
Related Party Transaction [Line Items]
Operating lease, lease income	1,324	1,328
Madison Square Garden Sports Corp. Investment \| Sponsorship Sales And Service Representation Agreements
Related Party Transaction [Line Items]
Revenues from related parties	2,533	2,348
Madison Square Garden Sports Corp. Investment \| Merchandise Sales Revenue Sharing Arrangement
Related Party Transaction [Line Items]
Revenues from related parties	115
Other Related Parties
Related Party Transaction [Line Items]
Sublease income	$ 611	$ 611

Segment Information (Introducti

Segment Information (Introduction Narrative) (Details)	3 Months Ended
Segment Information (Introduction Narrative) (Details)	Sep. 30, 2022 segment
Segment Reporting [Abstract]
Number of reportable segments	3

Segment Information (Schedule o

Segment Information (Schedule of Segment Reporting) (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Revenues	[1]	$ 401,218	$ 294,510
Direct operating expenses	[1]	(253,901)	(165,761)
Selling, general and administrative expenses	[1]	(164,410)	(174,839)
Depreciation and amortization		(29,755)	(29,430)
Impairment and other gains		2,000	(7,818)
Operating (loss) income		(44,848)	(83,338)
Interest income, net		1,787	(8,473)
Other income, net		1,525	(3,754)
Loss from operations before income taxes		(41,536)	(95,565)
Reconciliation of operating (loss) income to adjusted operating (loss) income:
Operating (loss) income		(44,848)	(83,338)
Add back:
Non-cash portion of arena license fees from MSG Sports		(519)	(543)
Share-based compensation		15,188	19,528
Depreciation and amortization		29,755	29,430
Impairment and other gains (losses), net		(2,000)	7,818
Merger and acquisition related costs		4,650	37,192
Amortization for capitalized cloud computing costs		121	85
Other purchase accounting adjustments		586	85
Remeasurement of deferred compensation plan liabilities		(154)
Adjusted operating (loss) income		2,779	10,257
Other information:
Capital expenditures		272,088	137,271
Operating segments \| Entertainment
Segment Reporting Information [Line Items]
Revenues		147,102	34,239
Direct operating expenses		(101,765)	(36,302)
Selling, general and administrative expenses		(103,362)	(92,962)
Depreciation and amortization		(19,283)	(19,656)
Impairment and other gains		2,000	0
Operating (loss) income		(75,308)	(114,681)
Reconciliation of operating (loss) income to adjusted operating (loss) income:
Operating (loss) income		(75,308)	(114,681)
Add back:
Non-cash portion of arena license fees from MSG Sports		(519)	(543)
Share-based compensation		11,432	10,143
Depreciation and amortization		19,283	19,656
Impairment and other gains (losses), net		(2,000)	0
Merger and acquisition related costs		2,749	13,992
Amortization for capitalized cloud computing costs		77	41
Other purchase accounting adjustments		0	0
Remeasurement of deferred compensation plan liabilities		(154)
Adjusted operating (loss) income		(44,440)	(71,392)
Other information:
Capital expenditures		265,092	133,538
Operating segments \| MSG Networks
Segment Reporting Information [Line Items]
Revenues		122,479	141,473
Direct operating expenses		(75,420)	(68,423)
Selling, general and administrative expenses		(17,816)	(47,975)
Depreciation and amortization		(1,618)	(1,797)
Impairment and other gains		0	0
Operating (loss) income		27,625	23,278
Reconciliation of operating (loss) income to adjusted operating (loss) income:
Operating (loss) income		27,625	23,278
Add back:
Non-cash portion of arena license fees from MSG Sports		0	0
Share-based compensation		1,704	7,474
Depreciation and amortization		1,618	1,797
Impairment and other gains (losses), net		0	0
Merger and acquisition related costs		1,901	23,200
Amortization for capitalized cloud computing costs		44	44
Other purchase accounting adjustments		0	0
Remeasurement of deferred compensation plan liabilities		0
Adjusted operating (loss) income		32,892	55,793
Other information:
Capital expenditures		1,227	1,449
Operating segments \| Tao Group Hospitality
Segment Reporting Information [Line Items]
Revenues		132,651	119,464
Direct operating expenses		(76,577)	(61,093)
Selling, general and administrative expenses		(43,546)	(34,094)
Depreciation and amortization		(6,630)	(6,378)
Impairment and other gains		0	(7,818)
Operating (loss) income		5,898	10,081
Reconciliation of operating (loss) income to adjusted operating (loss) income:
Operating (loss) income		5,898	10,081
Add back:
Non-cash portion of arena license fees from MSG Sports		0	0
Share-based compensation		2,052	1,911
Depreciation and amortization		6,630	6,378
Impairment and other gains (losses), net		0	7,818
Merger and acquisition related costs		0	0
Amortization for capitalized cloud computing costs		0	0
Other purchase accounting adjustments		0	0
Remeasurement of deferred compensation plan liabilities		0
Adjusted operating (loss) income		14,580	26,188
Other information:
Capital expenditures		5,769	2,284
Purchase accounting adjustments
Segment Reporting Information [Line Items]
Revenues		0	0
Direct operating expenses		(586)	(85)
Selling, general and administrative expenses		0	0
Depreciation and amortization		(2,224)	(1,599)
Impairment and other gains		0	0
Operating (loss) income		(2,810)	(1,684)
Reconciliation of operating (loss) income to adjusted operating (loss) income:
Operating (loss) income		(2,810)	(1,684)
Add back:
Non-cash portion of arena license fees from MSG Sports		0	0
Share-based compensation		0	0
Depreciation and amortization		2,224	1,599
Impairment and other gains (losses), net		0	0
Merger and acquisition related costs		0	0
Amortization for capitalized cloud computing costs		0	0
Other purchase accounting adjustments		586	85
Remeasurement of deferred compensation plan liabilities		0
Adjusted operating (loss) income		0	0
Other information:
Capital expenditures		0	0
Inter-segment eliminations
Segment Reporting Information [Line Items]
Revenues		(1,014)	(666)
Direct operating expenses		447	142
Selling, general and administrative expenses		314	192
Depreciation and amortization		0	0
Impairment and other gains		0	0
Operating (loss) income		(253)	(332)
Reconciliation of operating (loss) income to adjusted operating (loss) income:
Operating (loss) income		(253)	(332)
Add back:
Non-cash portion of arena license fees from MSG Sports		0	0
Share-based compensation		0	0
Depreciation and amortization		0	0
Impairment and other gains (losses), net		0	0
Merger and acquisition related costs		0	0
Amortization for capitalized cloud computing costs		0	0
Other purchase accounting adjustments		0	0
Remeasurement of deferred compensation plan liabilities		0
Adjusted operating (loss) income		(253)	(332)
Other information:
Capital expenditures		$ 0	$ 0

[1]See Note 12, Related Party Transactions, for further information on related party revenues and expenses

Segment Information (Concentrat

Segment Information (Concentration Risk) (Details) - Customer Concentration Risk	3 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022
Accounts Receivable \| Customer A
Revenue, Major Customer [Line Items]
Concentration risk, percentage	13%		14%
Accounts Receivable \| Customer B
Revenue, Major Customer [Line Items]
Concentration risk, percentage	13%		12%
Accounts Receivable \| Customer C
Revenue, Major Customer [Line Items]
Concentration risk, percentage	11%		10%
Revenue Benchmark \| Customer 1
Revenue, Major Customer [Line Items]
Concentration risk, percentage		15%
Revenue Benchmark \| Customer 2
Revenue, Major Customer [Line Items]
Concentration risk, percentage		13%
Revenue Benchmark \| Customer 3
Revenue, Major Customer [Line Items]
Concentration risk, percentage		10%

Additional Financial Informat_3

Additional Financial Information (Schedule of Cash, Cash Equivalents, and Restricted Cash) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021
Additional Financial Information [Abstract]
Cash and cash equivalents	$ 441,350	$ 828,540
Restricted cash	17,543	17,470
Total cash, cash equivalents and restricted cash	$ 458,893	$ 846,010	$ 1,355,479	$ 1,539,976

Additional Financial Informat_4

Additional Financial Information (Schedule of Current Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Additional Financial Information [Abstract]
Prepaid expenses	$ 95,184	$ 86,022
Related party receivables	36,898	32,541
Inventory	14,383	13,511
Notes and other receivables	9,811	2,726
Other	23,439	21,194
Total prepaid expenses and other current assets	$ 179,715	$ 155,994

Additional Financial Informat_5

Additional Financial Information (Schedule of Intangible Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Cash and Cash Equivalents [Abstract]
Amortizable intangible assets, net	$ 158,204	$ 164,084
Indefinite-lived intangible assets	63,801	63,801
Intangible assets, net	$ 222,005	$ 227,885

Additional Financial Informat_6

Additional Financial Information (Schedule of Current Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Additional Financial Information [Abstract]
Accounts payable	$ 42,492	$ 31,980
Related party payables	27,318	38,576
Accrued payroll and employee related liabilities	82,951	154,134
Cash due to promoters	36,445	78,428
Capital expenditure accruals	235,847	206,462
Accrued expenses	92,212	79,666
Total accounts payable, accrued and other current liabilities	$ 517,265	$ 589,246

Additional Financial Informat_7

Additional Financial Information (Schedule of Other Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Additional Financial Information [Abstract]
Loss on equity method investments	$ (2,128)	$ (1,207)
Net unrealized loss on equity investments with readily determinable fair value	(659)	(2,460)
Unrealized gain on equity investments without readily determinable fair value	1,969	0
Other	854	(87)
Other income (expense), net	1,525	(3,754)
Proceeds from income tax refunds	$ 508	$ 9,143