{"schema_version":"secwatch.filing_event.v1","accession":"0001795250-23-000020","form_type":"8-K","ticker":"SPHR","cik":"0001795250","company_name":"Sphere Entertainment Co.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.488490+00:00","generated_at":"2026-06-08T10:02:35.837264+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sphere Entertainment Q1: operating loss $69.8M as Sphere opens; MSG Networks revenue down 10%","bullets":["Total revenues $118.0M, down $5.1M YoY; operating loss $69.8M vs loss $51.1M in prior-year quarter.","Sphere segment generated $7.8M revenue in first partial quarter; adjusted operating loss $83.1M.","MSG Networks revenues fell 10% to $110.2M; adjusted operating income $25.2M, down 24%.","Sphere in Las Vegas opened Sept 29 with sold-out U2 run; 11 additional shows added through Feb 2024.","MSG Networks launched MSG+ streaming service and renewed multi-year rights with New Jersey Devils."],"urls":{"canonical":"https://secwatch.observer/filing/0001795250-23-000020","json":"https://secwatch.observer/filing/0001795250-23-000020.json","markdown":"https://secwatch.observer/filing/0001795250-23-000020.md","text":"https://secwatch.observer/filing/0001795250-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795250/000179525023000020/0001795250-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795250/000179525023000020/sphr-20231108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T10:02:35.837264+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":"af1f03d7d8d845a6445a5ef3df6639c8ac15e236","claim":"Sphere Entertainment Co. reported fiscal first quarter ended September 30, 2023 results: revenue $118.0 million.","evidence_excerpt":"Jersey Devils and will continue to distribute a full schedule of Devils games across MSG Networks’ platforms. For the fiscal 2024 first quarter, the Company reported revenues of $118.0 million, a decrease of $5.1 million, as compared to the prior year quarter. In addition, the Company reported an operating loss of $69.8 million, an increase of $18.7 million, and an","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1795250/000179525023000020/0001795250-23-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended September 30, 2023"},{"label":"Revenue","value":"$118.0 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"}