{"schema_version":"secwatch.filing_event.v1","accession":"0001795250-25-000027","form_type":"8-K","ticker":"SPHR","cik":"0001795250","company_name":"Sphere Entertainment Co.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.750331+00:00","generated_at":"2026-05-22T05:11:10.436949+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sphere Entertainment Q1 revenue down 13%; operating loss widens to $78.6M","bullets":["Revenue $280.6M, down $40.8M YoY; operating loss of $78.6M vs $40.4M loss a year ago.","Sphere segment revenue $157.5M (-8% YoY); MSG Networks $123.0M (-19% YoY).","Adjusted operating income $36.0M, down $25.6M YoY; Sphere segment adjusted OI rose slightly to $13.1M.","New multi-year marketing partnerships announced with Pepsi and Google.","Upcoming residencies: Dead & Company 18-show run, Kenny Chesney, Backstreet Boys, Eagles return."],"urls":{"canonical":"https://secwatch.observer/filing/0001795250-25-000027","json":"https://secwatch.observer/filing/0001795250-25-000027.json","markdown":"https://secwatch.observer/filing/0001795250-25-000027.md","text":"https://secwatch.observer/filing/0001795250-25-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795250/000179525025000027/0001795250-25-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795250/000179525025000027/sphr-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:11:10.436949+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}