Madison Square Garden Entertainment Corp. operates as a live entertainment company managing a portfolio of large-scale venues. Its core real estate assets include the Madison Square Garden arena, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre in New York, and The Chicago Theatre. The company generates revenue through venue licensing, ticket sales, suite licenses, corporate sponsorships, and food and beverage operations. A key component of its business is the production of original content, highlighted by the annual Christmas Spectacular Starring the Radio City Rockettes. Additionally, the company handles entertainment and sports bookings, hosting millions of guests annually for concerts, family shows, and sporting events. The current legal entity was formed in 2022 and spun off from Sphere Entertainment Co. in April 2023 to operate as an independent live entertainment business.
