Publicly Owned Sphere Entertainment Co., headquartered in the United States, employs approximately 480 individuals and reported $1.2B in revenue as of 2026. The company focuses on entertainment provision, operating as a live entertainment and media company with two primary business segments: the Sphere and MSG Networks. The Sphere is an entertainment venue, with its initial location in Las Vegas opened in 2023, designed to host immersive experiences including concerts, original film productions, and major sporting and corporate events, supported by Sphere Studios, its in-house content creation division. The MSG Networks segment manages two regional sports and entertainment networks, MSG Network and MSG Sportsnet, which broadcast a variety of live sports content and other programming, primarily serving the New York metropolitan area.
On October 9, 2026, the Prince George’s County Council gave its initial approval to agreements with Sphere Entertainment for its plans to build a smaller version of its Las Vegas entertainment venue at National Harbor, following weeks of negotiation. Previously, on October 8, Sphere Entertainment reported that "The Wizard of Oz at Sphere," which launched in Las Vegas in August 2025, sold over 4 million tickets and generated more than $0.5 billion in ticket sales. Earlier, on October 6, the Prince George’s County Council advanced legislation (CB-111-2026) supporting the proposed Sphere at National Harbor, adopting two amendments that added labor and community benefit requirements tied to the project’s bond financing, with a final vote scheduled for October 27. This followed the Council's vote on October 5 to advance the National Harbor Sphere project, though unions seeking construction agreements were noted as being left out.
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