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Discontinued Operations (Tables)
 12 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The tables below sets forth, for the periods presented, the operating results of the disposal groups. Amounts presented below differ from historically reported results for the MSG Entertainment and Tao Group Hospitality business segments in order to reflect discontinued operations presentation.
 Year Ended June 30, 2023
MSG EntertainmentTao Group Hospitality
Eliminations (a)
Total
Revenues$731,299 $447,929 $(1,761)$1,177,467 
Direct operating expenses(421,440)(263,200)1,371 (683,269)
Selling, general, and administrative expenses(119,032)(151,271)(195)(270,498)
Depreciation and amortization(49,423)(23,236)— (72,659)
Impairment and other gains, net4,361 473 — 4,834 
Restructuring charges(7,435)— — (7,435)
Operating income138,330 10,695 (585)148,440 
Interest income2,880 149 — 3,029 
Interest expense(1,031)(2,551)— (3,582)
Other income, net11,456 665 — 12,121 
Income from discontinued operations before income taxes151,635 8,958 (585)160,008 
Income tax expense(5,517)(33,695)— (39,212)
Income (loss) from discontinued operations, net of taxes146,118 (24,737)(585)120,796 
Gain on disposal before income taxes— 213,877 — 213,877 
Income tax expense— (1,020)— (1,020)
Gain on disposal, net of taxes— 212,857 — 212,857 
Net income from discontinued operations146,118 188,120 (585)333,653 
Less: Net income attributable to redeemable noncontrolling interests— 3,925 — 3,925 
Less: Net loss attributable to nonredeemable noncontrolling interests(553)(464)— (1,017)
Net income from discontinued operations attributable to Sphere Entertainment Co.’s stockholders$146,671 $184,659 $(585)$330,745 
 Year Ended June 30, 2022
MSG EntertainmentTao Group Hospitality
Eliminations (a)
Total
Revenues$632,612 $484,649 $(2,698)$1,114,563 
Direct operating expenses(417,108)(270,728)2,077 (685,759)
Selling, general, and administrative expenses(110,288)(154,923)— (265,211)
Depreciation and amortization(69,564)(32,503)— (102,067)
Impairment and other gains, net— 2,800 — 2,800 
Restructuring charges(1,286)— — (1,286)
Operating income34,366 29,295 (621)63,040 
Interest income612 23 — 635 
Interest expense(25,453)(1,702)— (27,155)
Other expense, net(84,690)(82)— (84,772)
(Loss) income from operations before income taxes(75,165)27,534 (621)(48,252)
Income tax benefit (expense)14,069 (18,114)— (4,045)
Net (loss) income(61,096)9,420 (621)(52,297)
Less: Net income attributable to redeemable noncontrolling interests— 7,739 — 7,739 
Less: Net loss attributable to nonredeemable noncontrolling interests(2,864)(627)— (3,491)
Net (loss) income from discontinued operations attributable to Sphere Entertainment Co.’s stockholders$(58,232)$2,308 $(621)$(56,545)
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(a)    Prior to the MSGE Distribution and Tao Group Hospitality Disposition, the Company’s consolidated results of operations included a number of intercompany transactions between MSG Entertainment and Tao Group Hospitality which were presented in the Company’s segment reporting disclosures. As such, these transactions are eliminated for purposes of this disclosure as they will not continue in periods subsequent to the MSGE Distribution and Tao Group Hospitality Disposition, respectively.
The table below sets forth, for the periods presented, significant selected financial information related to discontinued activities included in the accompanying consolidated financial statements:
 
20232022
MSG Entertainment
Tao Group Hospitality (a)
MSG EntertainmentTao Group Hospitality
Non-cash items included in net income (loss):
Depreciation and amortization$49,423 $23,236 $69,564 $32,503 
Impairments and other gains, net(4,361)(214,350)— (2,800)
Share-based compensation expense4,710 7,224 8,480 7,647 
Cash flow from investing activities:
Capital expenditures, net12,832 17,488 15,797 23,309 
Non-cash investing activities:
Capital expenditures incurred but not yet paid780 817 1,585 119 
Investments and loans to nonconsolidated affiliates— 113 — 791 
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(a)    Impairments and other gains, net is inclusive of gain on Tao Disposition.