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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The carrying amounts and activity of goodwill from June 30, 2022 through June 30, 2024 were as follows:
SphereMSG NetworksTotal
Balance as of June 30, 2022$32,299 $424,508 $456,807 
Activity— — — 
Balance as of June 30, 2023$32,299 $424,508 $456,807 
Activity13,345 — 13,345 
Balance as of June 30, 2024$45,644 $424,508 $470,152 
Schedule of Intangible Assets Subject to Amortization
Intangible assets with finite lives are amortized principally using the straight-line method over the following estimated useful lives:
Estimated Useful Lives
Affiliate relationships 24 years
Technology5 years
Trade name5 years
The Company’s intangible assets subject to amortization as of June 30, 2024 and 2023 were as follows: 
As of
June 30,
2024
June 30,
2023
Gross carrying amountAccumulated amortizationIntangible assets, netGross carrying amountAccumulated amortizationIntangible assets, net
Affiliate relationships$83,044 $(68,249)$14,795 $83,044 $(65,134)$17,910 
Technology15,508 (520)14,988 — — — 
Trade name2,032 (68)1,964 — — — 
Other278 (85)193 — — — 
Total$100,862 $(68,922)$31,940 $83,044 $(65,134)$17,910 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The Company’s annual amortization expense for existing intangible assets subject to amortization for each of the succeeding five fiscal years is as follows:
For the years ending June 30,
20252026202720282029
Estimated amortization expense$(6,813)$(6,623)$(6,623)$(6,623)$(5,258)