{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-140820","form_type":"8-K","ticker":"SPHR","cik":"0001795250","company_name":"Sphere Entertainment Co.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.632512+00:00","generated_at":"2026-06-15T06:51:50.551298+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sphere Entertainment Q3 rev $363.3M (+3%), operating loss $70.3M, completes spin-off and Tao sale","bullets":["Revenues $363.3M (+3% YoY); operating loss of $70.3M vs prior year operating income of $0.9M.","Adjusted operating income $19.4M, down 49% from $38.5M in prior year quarter.","Completed spin-off of traditional live entertainment business on April 20, 2023.","Sold 66.9% majority interest in Tao Group Hospitality on May 3, 2023.","Sphere Las Vegas on track to open in September 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-140820","json":"https://secwatch.observer/filing/0001193125-23-140820.json","markdown":"https://secwatch.observer/filing/0001193125-23-140820.md","text":"https://secwatch.observer/filing/0001193125-23-140820.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795250/000119312523140820/0001193125-23-140820-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795250/000119312523140820/d420701d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:51:50.551298+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40903f7e1206a98928e8fd6a8b73c0c93fd913a9","claim":"Sphere Entertainment Co. reported fiscal third quarter ended March 31, 2023 results: revenue revenues of $363.3 million.","evidence_excerpt":"For the fiscal 2023 third quarter, the Company reported revenues of $363.3 million, an increase of $10.8 million, or 3%, as compared to the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1795250/000119312523140820/0001193125-23-140820-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter ended March 31, 2023"},{"label":"Revenue","value":"revenues of $363.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}