Sphere Entertainment, a Publicly Owned company based in the US, operates as a live entertainment and media provider with approximately 480 employees. The company functions through two main business segments: the Sphere and MSG Networks. The Sphere is an entertainment venue, with its initial location opening in Las Vegas 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 operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, which broadcast a variety of live sports content and programming primarily serving the New York metropolitan area.
On March 20, 2026, Sportico’s transactions wire noted that Sphere Entertainment Co. and Madison Square Garden Entertainment Corp. named Allen Lo as Executive Vice President and Chief Legal Officer for both companies, effective March 30. Previously, on March 19, 2026, a report highlighted the Sphere entertainment venue in Las Vegas, a $2.3 billion project by Sphere Entertainment, as a significant public addition, seating approximately 18,000 people and hosting various events. This followed an announcement on March 18, 2026, detailing Lo's appointment where he will oversee all corporate and business legal affairs across both entities, lead their legal teams, and advise senior leadership on strategic initiatives, major transactions, and corporate governance in this newly created dual position.
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