NEW
YORK, Oct. 8, 2024 /PRNewswire/ -- Sphere
Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the
"Company") announced today that Mr. David
F. Byrnes, the Company's Executive Vice President, Chief
Financial Officer and Treasurer, will be leaving the Company. The
Company will commence a search for a new Chief Financial Officer
and Treasurer. Mr. Byrnes will continue in his current role for an
interim period to facilitate a smooth transition.
Mr. Byrnes has served as Executive Vice President, Chief
Financial Officer and Treasurer of the Company since December 2023. Prior to that, he served as
Executive Vice President and Chief Financial Officer of Madison
Square Garden Entertainment Corp. ("MSG Entertainment") from
January 2022 to December 2023. In these roles, Mr. Byrnes played
a critical role in many strategic transactions, including the
spin-off of MSG Entertainment from the Company in April 2023, the sale of the Company's majority
interest in Tao Group Hospitality in May
2023, and two secondary stock offerings in June 2023 and September
2023, whereby the Company sold its remaining shares in MSG
Entertainment.
About Sphere Entertainment Co.
Sphere Entertainment Co. is a premier live entertainment and
media company. The Company includes Sphere, a next-generation
entertainment medium powered by cutting-edge technologies to
redefine the future of entertainment. The first Sphere venue opened
in Las Vegas in September 2023. In addition, the Company includes
MSG Networks, which operates two regional sports and entertainment
networks, MSG Network and MSG Sportsnet, as well as a
direct-to-consumer and authenticated streaming product, MSG+,
delivering a wide range of live sports content and other
programming. More information is available at
sphereentertainmentco.com.
Contacts:
Mikyl Cordova
Communications & Marketing
(212) 631-4337
Ari Danes, CFA
Investor Relations & Financial Communications
(212) 465-6072
Justin Blaber
Financial Communications
(212) 465-6109
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SOURCE Sphere Entertainment Co.