Related Party Transactions (Tables)

12 Months Ended

Jun. 30, 2024

The following table summarizes the composition and amounts of the transactions with the Company’s related parties. The significant components of these amounts are discussed below. These amounts are reflected in revenues and operating expenses in the accompanying consolidated statements of operations for Fiscal Years 2024, 2023 and 2022:


	Years Ended June 30,
	2024		2023		2022
Revenues	$	3,585	$	2,079	$	1,220
Operating (expenses) credits:
Media rights fees	$	(175,462)	$	(172,581)	$	(163,131)




Cost reimbursement from MSG Sports - MSG Sports Services Agreement	—		29,836		38,254
Corporate general and administrative expenses, net - MSGE TSA (a)	(110,966)		(27,494)		—
Origination, master control and technical services	(5,079)		(4,982)		(4,880)
Other operating expenses, net (b)	(18,017)		(261)		(952)
Total operating expenses, net (c)	$	(309,524)	$	(175,482)	$	(130,709)

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(a) Included in the year ended June 30, 2024, Corporate general and administrative expenses, net - MSGE TSA is $3,363 related to Restructuring charges for employees who provided services to the Company under the MSGE TSA.

(b) Other operating expenses, net, includes CPC commission expenses, reimbursements to MSG Entertainment for professional and payroll fees, and charges relating to aircraft arrangements described above.

(c) Of the total operating (expenses) credits, net, $(182,051), $(206,804) and $(167,928) for Fiscal Years 2024, 2023 and 2022, respectively, are included in direct operating expenses in the accompanying consolidated statements of operations, and $(127,473), $31,322 and $37,219 for Fiscal Years 2024, 2023 and 2022, respectively, are included in selling, general and administrative expenses.