NEW YORK , Oct. 8, 2024 /PRNewswire/ — Sphere Entertainment Company (NYSE:SPHR) (“Sphere Entertainment” or the “Company”) today announced that Mr. David F. Burns, Executive Vice President and Chief Officer of the Company, announced the following: The finance director and finance director are planning to retire from the company. The Company will begin a search for a new Chief Financial Officer and Treasurer. Mr. Burns will continue in his current role for an interim period to facilitate a smooth transition.
Mr. Burns has served as Executive Vice President, Chief Financial Officer and Treasurer of the Company since December 2023. Previously, he served as Executive Vice President and Chief Financial Officer of Madison Square Garden Entertainment Corporation (“MSG Entertainment”). From January 2022 to December 2023. In these roles, Mr. Burns played a key role in a number of strategic transactions, including the spin-off of MSG Entertainment from the Company in April 2023 and the sale of a majority stake in Tao Group Hospitality in May. . The Company sold its remaining shares in MSG Entertainment in two secondary offerings in June 2023 and September 2023.
About Sphere Entertainment Co., Ltd.
Sphere Entertainment Co. is a leading live entertainment and media company. Our company includes Sphere, the next generation of entertainment media powered by cutting-edge technology that redefines the future of entertainment. The first Sphere venue opened in Las Vegas in September 2023. In addition, the company includes two regional sports and entertainment networks, MSG Networks and MSG Sportsnet, and MSG Networks, which operates direct-to-consumer and certified streaming products. MSG+ delivers a wide range of live sports content and other programming. For more information, visit sphereentertainmentco.com.
contact address:
Michil Cordova
communication and marketing
(212) 631-4337
Ali Daines, CFA
Investor relations and financial communications
(212) 465-6072
Justin Braver
financial communication
(212) 465-6109
Source Sphere Entertainment Co., Ltd.
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