<SEC-DOCUMENT>0001104659-25-089187.txt : 20250910
<SEC-HEADER>0001104659-25-089187.hdr.sgml : 20250910
<ACCEPTANCE-DATETIME>20250910211015
ACCESSION NUMBER:		0001104659-25-089187
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20250910
DATE AS OF CHANGE:		20250910

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sphere Entertainment Co.
		CENTRAL INDEX KEY:			0001795250
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				843755666
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-91488
		FILM NUMBER:		251307035

	BUSINESS ADDRESS:	
		STREET 1:		TWO PENNSYLVANIA PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10121
		BUSINESS PHONE:		(212) 465-6000

	MAIL ADDRESS:	
		STREET 1:		TWO PENNSYLVANIA PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10121

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Madison Square Garden Entertainment Corp.
		DATE OF NAME CHANGE:	20200417

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MSG ENTERTAINMENT SPINCO, INC.
		DATE OF NAME CHANGE:	20191126

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DOLAN JAMES LAWRENCE
		CENTRAL INDEX KEY:			0000933028
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	MAIL ADDRESS:	
		STREET 1:		BAKER BOTTS L.L.P.
		STREET 2:		30 ROCKEFELLER PLAZA
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10112
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <filerInfo>
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          <!-- Field: Pseudo-Tag; ID: Name; Data: DOLAN JAMES LAWRENCE -->
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          <ccc>XXXXXXXX</ccc>
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      <liveTestFlag>LIVE</liveTestFlag>



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    <coverPageHeader>
      <amendmentNo>6</amendmentNo>
      <securitiesClassTitle>Class A Common Stock, par value $.01 per share</securitiesClassTitle>
      <dateOfEvent>09/08/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001795250</issuerCIK>
        <issuerCUSIP>55826T102</issuerCUSIP>
        <issuerName>Sphere Entertainment Co.</issuerName>
        <address>
          <com:street1>TWO PENNSYLVANIA PLAZA</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10121</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Samantha H. Crispin</personName>
          <personPhoneNum>212-408-2500</personPhoneNum>
          <personAddress>
            <com:street1>Baker Botts L.L.P.</com:street1>
            <com:street2>30 Rockefeller Plaza</com:street2>
            <com:city>New York</com:city>
            <com:stateOrCountry>NY</com:stateOrCountry>
            <com:zipCode>10112</com:zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Quentin W. Wiest</personName>
          <personPhoneNum>212-408-2500</personPhoneNum>
          <personAddress>
            <com:street1>Baker Botts L.L.P.</com:street1>
            <com:street2>30 Rockefeller Plaza</com:street2>
            <com:city>New York</com:city>
            <com:stateOrCountry>NY</com:stateOrCountry>
            <com:zipCode>10112</com:zipCode>
          </personAddress>
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    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0000933028</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>James L. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1638933.00</soleVotingPower>
        <sharedVotingPower>2028531.00</sharedVotingPower>
        <soleDispositivePower>1638933.00</soleDispositivePower>
        <sharedDispositivePower>2028531.00</sharedDispositivePower>
        <aggregateAmountOwned>3667464.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>11.8</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 4,622,450 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which James L. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0000933029</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Thomas C. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>29355.00</soleVotingPower>
        <sharedVotingPower>1204735.00</sharedVotingPower>
        <soleDispositivePower>29355.00</soleDispositivePower>
        <sharedDispositivePower>1204735.00</sharedDispositivePower>
        <aggregateAmountOwned>1234090.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>4.2</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 5,688,893 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Thomas C. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0000933026</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Kathleen M. Dolan, individually and as Trustee of certain trusts described herein</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>18632.00</soleVotingPower>
        <sharedVotingPower>3674847.00</sharedVotingPower>
        <soleDispositivePower>18632.00</soleDispositivePower>
        <sharedDispositivePower>3674847.00</sharedDispositivePower>
        <aggregateAmountOwned>3693479.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>11.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 3,369,687 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Kathleen M. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001098901</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Marianne Dolan Weber</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>11606.00</soleVotingPower>
        <sharedVotingPower>1233751.00</sharedVotingPower>
        <soleDispositivePower>11606.00</soleDispositivePower>
        <sharedDispositivePower>1233751.00</sharedDispositivePower>
        <aggregateAmountOwned>1245357.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>4.2</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 5,713,228 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Marianne Dolan Weber disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0000933025</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Deborah A. Dolan-Sweeney</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>10419.00</soleVotingPower>
        <sharedVotingPower>1139615.00</sharedVotingPower>
        <soleDispositivePower>10419.00</soleDispositivePower>
        <sharedDispositivePower>1139615.00</sharedDispositivePower>
        <aggregateAmountOwned>1150034.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>3.9</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 5,783,885 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Deborah A. Dolan-Sweeney disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0000932963</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Patrick F. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1075.00</soleVotingPower>
        <sharedVotingPower>56947.00</sharedVotingPower>
        <soleDispositivePower>1075.00</soleDispositivePower>
        <sharedDispositivePower>56947.00</sharedDispositivePower>
        <aggregateAmountOwned>58022.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.2</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 6,809,807 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Patrick F. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001788337</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Corby Dolan Leinauer, as Trustee of certain trusts described herein</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>192.00</soleVotingPower>
        <sharedVotingPower>3681867.00</sharedVotingPower>
        <soleDispositivePower>192.00</soleDispositivePower>
        <sharedDispositivePower>3681867.00</sharedDispositivePower>
        <aggregateAmountOwned>3682059.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>11.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 3,221,008 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Corby Dolan Leinauer disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0000933022</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Mary S. Dolan, as Trustee of certain trusts described herein</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>3453.00</soleVotingPower>
        <sharedVotingPower>4277198.00</sharedVotingPower>
        <soleDispositivePower>3453.00</soleDispositivePower>
        <sharedDispositivePower>4277198.00</sharedDispositivePower>
        <aggregateAmountOwned>4280651.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>13.1</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 2,652,972 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Mary S. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001025983</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Paul J. Dolan, as a Trustee of certain trusts described herein</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>46607.00</soleVotingPower>
        <sharedVotingPower>1506024.00</sharedVotingPower>
        <soleDispositivePower>46607.00</soleDispositivePower>
        <sharedDispositivePower>1506024.00</sharedDispositivePower>
        <aggregateAmountOwned>1552631.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>5.2</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Excludes 5,429,259 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which Paul J. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505843</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan Children Trust FBO Kathleen M. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>488579.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>488579.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
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        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
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        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,402,362 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Kathleen M. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505845</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>535276.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>535276.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>535276.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>1.8</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,355,665 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505849</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan Children Trust FBO Marianne Dolan Weber</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>474339.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>474339.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>474339.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>1.6</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,416,602 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Marianne Dolan Weber disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505848</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan Children Trust FBO Thomas C. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>488579.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>488579.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>488579.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>1.7</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,398,331 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO Thomas C. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505850</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan Children Trust FBO James L. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>960498.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>960498.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>960498.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>3.3</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 5,950,598 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan Children Trust FBO James L. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505853</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Family Trust FBO James L. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>1053283.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1053283.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>1053283.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>3.6</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 5,820,189 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO James L. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505856</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>716156.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>716156.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>716156.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>2.5</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,157,316 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505858</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>621308.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>621308.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>621308.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>2.1</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,252,164 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505857</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>653144.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>653144.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>653144.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>2.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,220,328 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505854</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>578498.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>578498.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>578498.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>2.0</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,294,974 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505855</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>56947.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>56947.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>56947.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,809,807 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505841</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Ryan Dolan 1989 Trust</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>7659.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>7659.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>7659.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.1</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,859,095 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Ryan Dolan 1989 Trust disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001505842</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Tara Dolan 1989 Trust</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>7659.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>7659.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>7659.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.1</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,859,095 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Tara Dolan 1989 Trust disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001723920</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Charles F. Dolan 2009 Revocable Trust</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>0.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.0</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,866,754 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Charles F. Dolan 2009 Revocable Trust disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001564760</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Marianne E. Dolan Weber 2012 Descendants Trust</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>56948.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>56948.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>56948.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,809,806 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Marianne E. Dolan Weber 2012 Descendants Trust disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001564761</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Kathleen M. Dolan 2012 Descendants Trust</reportingPersonName>
        <memberOfGroup>a</memberOfGroup>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>56947.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>56947.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>56947.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>0.2</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
        <commentContent>Excludes 6,809,807 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which the Kathleen M. Dolan 2012 Descendants Trust disclaims beneficial ownership.  This report shall not be construed as an admission that such person is the beneficial owner of such securities.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Class A Common Stock, par value $.01 per share</securityTitle>
        <issuerName>Sphere Entertainment Co.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>TWO PENNSYLVANIA PLAZA</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10121</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 6 to Schedule 13D ("Amendment No. 6") is being filed jointly by (i) the individuals (in their individual capacity and/or as trustee or co-trustee of specified trusts) and trusts listed in Item 2(a) below (the "Group Members") who may be deemed to beneficially own all of the shares of Class B Common Stock, par value $0.01 per share (the "Class B Common Stock"), of Sphere Entertainment Co. (the "Issuer"), which shares of Class B Common Stock are convertible share for share at the option of the holder into Class A Common Stock of the Issuer, par value $0.01 per share (the "Class A Common Stock," and together with the Class B Common Stock, the "Common Stock"), and a certain number of shares of Class A Common Stock, in each case as described herein, (ii) certain trustees of such Group Members (the persons referred to in clauses (i) and (ii) collectively, the "Reporting Persons") and (iii) the Charles F. Dolan 2009 Revocable Trust (the "CFD 2009 Trust") to report, among other things, that (a) the CFD 2009 Trust is no longer a Group Member as a result of transferring all of its shares of Class B Common Stock to certain Group Members, (b) the addition of Patrick F. Dolan, the Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan, the Marianne E. Dolan Weber 2012 Descendants Trust and the Kathleen M. Dolan 2012 Descendants Trust as Group Members (collectively, the "New Group Members") and (c) changes to the Reporting Persons' beneficial ownership of Class A Common Stock as a result of certain matters, in each case, as described in Item 3.

The Schedule 13D filed by the original Reporting Persons on April 24, 2020, as amended and supplemented by Amendment No. 1 filed on March 30, 2021, Amendment No. 2 filed on July 14, 2021, Amendment No. 3 filed on March 1, 2024,Amendment No. 4 filed on December 31, 2024 and Amendment No. 5, filed on February 4, 2025 (as amended, the "Schedule 13D"), is hereby amended and supplemented as set forth below in this Amendment No. 6.</commentText>
      </item1>
      <item2>
        <filingPersonName>The disclosure in Item 2(a) is hereby amended and restated to read in its entirety as follows:

The names of the Reporting Persons who are Group Members are: James L. Dolan; Thomas C. Dolan; Kathleen M. Dolan, individually and as a Trustee of the Charles F. Dolan Children Trust FBO Kathleen M. Dolan, the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney, the Charles F. Dolan Children Trust FBO Marianne Dolan Weber, the Charles F. Dolan Children Trust FBO Thomas C. Dolan and the Charles F. Dolan Children Trust FBO James L. Dolan (hereinafter collectively referred to as the "Dolan Children Trusts" and individually, a "Dolan Children Trust"), and as sole Trustee of the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust; Marianne Dolan Weber; Deborah A. Dolan-Sweeney; Patrick F. Dolan; the Dolan Children Trust FBO Kathleen M. Dolan; the Dolan Children Trust FBO Marianne Dolan Weber; the Dolan Children Trust FBO Deborah Dolan-Sweeney; the Dolan Children Trust FBO James L. Dolan; the Dolan Children Trust FBO Thomas C. Dolan; the Charles F. Dolan 2009 Family Trust FBO James L. Dolan; the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan; the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan; the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber; the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney; the Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan; the Ryan Dolan 1989 Trust; the Tara Dolan 1989 Trust; the Marianne E. Dolan Weber 2012 Descendants Trust and the Kathleen M. Dolan 2012 Descendants Trust. The Reporting Persons also include Corby Dolan Leinauer, as a Trustee of the Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan, the Charles F. Dolan 2009 Family Trust FBO James L. Dolan, the Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber, the Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan, the Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney and the Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan (collectively, the "2009 Family Trusts" and individually, a "2009 Family Trust") and Mary S. Dolan, as a Trustee of the Dolan Children Trust FBO Deborah Dolan-Sweeney, each of the 2009 Family Trusts and the Kathleen M. Dolan 2012 Descendants Trust, and Paul J. Dolan, as a Trustee of the Dolan Children Trusts FBO Kathleen M. Dolan and James L. Dolan.</filingPersonName>
        <principalBusinessAddress>The disclosure in Item 2(b) is hereby amended by removing the information related to the CFD 2009 Trust and adding the New Group Members at the end thereof as follows:

The business address of Patrick F. Dolan is c/o Dolan Family Office, attention: President, 340 Crossways Park Drive, Woodbury, New York 11797.

Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan is a trust established under the laws of the State of New York for the benefit of Patrick F. Dolan and has an address of c/o Dolan Family Office, attention: President, 340 Crossways Park Drive, Woodbury, New York 11797.

Marianne E. Dolan Weber 2012 Descendants Trust is a trust established under the laws of the State of New York for the benefit of the descendants of Marianne Dolan Weber and has an address of c/o MLC Ventures LLC, Attention: Richard Baccari, PO Box 1014, Yorktown Heights, New York 10598.

Kathleen M. Dolan 2012 Descendants Trust is a trust established under the laws of the State of Vermont for the benefit of the descendants of Kathleen M. Dolan and has an address of c/o MLC Ventures LLC, Attention: Richard Baccari, PO Box 1014, Yorktown Heights, New York 10598.</principalBusinessAddress>
        <principalJob>The disclosure in Item 2(c) is hereby amended by adding the following at the end thereof:

Patrick F. Dolan is a director of AMC Networks Inc. ("AMC"). AMC's principal business address is 11 Penn Plaza, New York, New York 10001.</principalJob>
        <hasBeenConvicted>The disclosure in Item 2(d) is hereby amended by adding the following at the end thereof:

No New Group Member has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</hasBeenConvicted>
        <convictionDescription>The disclosure in Item 2(e) is hereby amended by adding the following at the end thereof:

No New Group Member has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
        <citizenship>The disclosure in Item 2(f) is hereby amended by adding the following at the end thereof:

Patrick F. Dolan is a citizen of the United States. The New Group Members that are trusts are organized in the jurisdiction set forth in Item 2(b).</citizenship>
      </item2>
      <item3>
        <fundsSource>The disclosure in Item 3 is hereby amended by adding the following at the end thereof:

On September 8, 2025, the CFD 2009 Trust transferred an aggregate of 341,684 shares of Class B Common Stock to certain Group Members, as indicated in the table below, in partial repayment of promissory notes. The transferred shares constituted all of the shares of Common Stock held by the CFD 2009 Trust. For purposes of repayment of the promissory notes, the transferred shares were valued at $52.2025 per share, the mean of the high and low trading price for the Class A Common Stock on September 8, 2025.

														Number of Shares of Class B
														Common Stock Transferred
Transferee													to Transferee
James L. Dolan												56,947
Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan				56,948
Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan				56,947
Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney		10,250
Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney			46,697
Marianne E. Dolan Weber 2012 Descendants Trust					56,948
Kathleen M. Dolan 2012 Descendants Trust							56,947</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>The disclosure in Item 4 is hereby amended by adding the following at the end thereof:

The information contained in Item 3 of this Amendment No. 6 is incorporated by reference.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>The disclosure in Item 5(a) and (b) is hereby amended and supplemented as follows:

(a) and (b) As of September 8, 2025, the Group Members may be deemed to beneficially own an aggregate of 8,787,042 shares of Class A Common Stock as a result of their beneficial ownership of (i) 1,920,288 shares of Class A Common Stock (inclusive of exercisable options, restricted stock units vesting within 60 days of the date hereof and shares held by the Dolan Family Foundation, for which certain Group Members serve as director), and (ii) 6,866,754 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock. This aggregate amount represents approximately 24.6% of the total shares of Common Stock deemed to be currently outstanding. Group Members in the aggregate may be deemed to have the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 6,866,754 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock (representing all outstanding Class B Common Stock) because of the terms of the Class B Stockholders' Agreement (as previously defined in the Schedule 13D). Reporting Persons and individuals who are not Group Members but are trustees of trusts that are Group Members may be deemed to beneficially own an additional 58,744 shares of Class A Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons, and this report shall not be deemed to be an admission that each such person is the beneficial owner of such securities.

The percentages used herein with respect to the ownership of Class A Common Stock are calculated based on 28,503,635 outstanding shares of Class A Common Stock as of September 3, 2025, which is based on (i) 29,132,663 outstanding shares of Class A Common Stock as of July 31, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q that was filed with the SEC on August 11, 2025, adjusted to reflect (ii) the Issuer's repurchase of 629,028 shares of Class A Common Stock, as reported by the Issuer in a press release dated September 3, 2025.

See the responses to Items 7 through 13 of each cover page to this Amendment No. 6, which are incorporated by reference. See Exhibit A for supplemental information regarding the beneficial ownership of Class A Common Stock by the Group Members and the other individuals who are not Group Members but are trustees of trusts that are Group Members. See Exhibit B for additional information regarding the Reporting Persons that are trusts.</percentageOfClassSecurities>
        <numberOfShares>See Item 5(a) above, Exhibit A and Exhibit B.</numberOfShares>
        <transactionDesc>Other than as disclosed herein, there were no transactions in the Class A Common Stock effected during the past sixty days by the persons named in response to Item 5(a).</transactionDesc>
        <date5PercentOwnership>As further described in Item 3, as of September 8, 2025, the CFD 2009 Trust ceased to be a beneficial owner of Common Stock and a Group Member.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>The disclosure in the section of Item 6 entitled "THE CLASS B STOCKHOLDERS AGREEMENT" is hereby amended by adding the following sentence after the last paragraph of such subsection:

As of September 8, 2025, the CFD 2009 Trust ceased to be a party to the Class B Stockholders' Agreement and the New Group Members became parties to such agreement.

The disclosure in the section of Item 6 entitled "REGISTRATION RIGHTS AGREEMENTS" is hereby amended by adding the following sentence after the last paragraph of such subsection:

As of September 8, 2025, the Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan, the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney, the Marianne E. Dolan Weber 2012 Descendants Trust and the Kathleen M. Dolan 2012 Descendants Trust each became a party to the Dolan Affiliates Agreement with respect to the shares of Class B Common Stock received from the CFD 2009 Trust, provided that the shares of Class B Common Stock received by the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney are subject to the additional restrictions contained in the Dolan Children Trusts Agreement.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>The disclosure in Item 7 is hereby amended by replacing all exhibits in the series of exhibits related to Exhibit A and Exhibit B and adding Exhibit C.2 and Exhibit D in appropriate order as follows:

Exhibit A: Supplemental Beneficial Ownership Information

Exhibit B: Amended and Restated Trust and Beneficiary List

Exhibit C.2: Power of Attorney for each of Patrick F. Dolan, the Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan, the Marianne E. Dolan Weber 2012 Descendants Trust and the Kathleen M. Dolan 2012 Descendants Trust

Exhibit D: Joint Filing Agreement, dated September 10, 2025.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>James L. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ James L. Dolan</signature>
          <title>James L. Dolan</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Thomas C. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Thomas C. Dolan</signature>
          <title>Thomas C. Dolan</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Kathleen M. Dolan, individually and as Trustee of certain trusts described herein</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Marianne Dolan Weber</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Deborah A. Dolan-Sweeney</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Patrick F. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Dennis H. Haver</signature>
          <title>Dennis H. Javer as Attorney-in-Fact</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Corby Dolan Leinauer, as Trustee of certain trusts described herein</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Mary S. Dolan, as Trustee of certain trusts described herein</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Paul J. Dolan, as a Trustee of certain trusts described herein</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul J. Dolan</signature>
          <title>Paul J. Dolan</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan Children Trust FBO Kathleen M. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Paul J. Dolan</signature>
          <title>Paul J. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan Children Trust FBO Marianne Dolan Weber</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Matthew J. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan Children Trust FBO Thomas C. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Matthew J. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan Children Trust FBO James L. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Paul J. Dolan</signature>
          <title>Paul J. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Family Trust FBO James L. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Corby Dolan Leinauer, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Family Trust FBO Thomas C. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Corby Dolan Leinauer, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Family Trust FBO Kathleen M. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Corby Dolan Leinauer, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Family Trust FBO Marianne E. Dolan Weber</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Corby Dolan Leinauer, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Family Trust FBO Deborah A. Dolan-Sweeney</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Corby Dolan Leinauer, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Family Trust FBO Patrick F. Dolan</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Corby Dolan Leinauer, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Ryan Dolan 1989 Trust</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Tara Dolan 1989 Trust</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Kathleen M. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Charles F. Dolan 2009 Revocable Trust</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul J. Dolan</signature>
          <title>Paul J. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Marianne E. Dolan Weber 2012 Descendants Trust</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Richard Baccari, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Kathleen M. Dolan 2012 Descendants Trust</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul J. Dolan</signature>
          <title>Paul J. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
        <signatureDetails>
          <signature>/s/ Brian G. Sweeney</signature>
          <title>Brian G. Sweeney as Attorney-in-Fact for Mary S. Dolan, Trustee</title>
          <date>09/10/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.A
<SEQUENCE>2
<FILENAME>tm2525603d3_ex99-a.htm
<DESCRIPTION>EXHIBIT 99.A
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><U>Supplemental Beneficial Ownership Information</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>Capitalized terms used and not defined herein
have the definitions given to them in the Schedule 13D</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">James L. Dolan may be deemed to beneficially own
an aggregate of 3,667,464 shares of Class&nbsp;A Common Stock, including (i)&nbsp;1,423,160 shares of Class&nbsp;A Common Stock <FONT STYLE="background-color: white">(including
options to purchase 299,740 shares of Class&nbsp;A Common Stock that are exercisable within sixty days of this filing</FONT> and 158,563
shares of Class&nbsp;A Common Stock underlying restricted stock units that are scheduled to vest within sixty days of this filing) and
(ii)&nbsp;2,244,304 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock.
This aggregate amount represents approximately 11.8% of the shares of Class&nbsp;A Common Stock currently outstanding. He may be deemed
to have (a)&nbsp;the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 1,638,933 shares of Class&nbsp;A
Common Stock (including 898,301 shares of Class&nbsp;A Common Stock owned personally, options to purchase 299,740 shares of Class&nbsp;A
Common Stock that are exercisable within 60 days of this filing, 158,563 shares of Class&nbsp;A Common Stock underlying restricted stock
units that are scheduled to vest within sixty days of this filing, an aggregate of 746 shares of Class&nbsp;A Common Stock held as custodian
for minor children or by household members and 281,583 shares of Class&nbsp;B Common Stock and the equal number of shares of Class&nbsp;A
Common Stock issuable upon conversion thereof owned personally) and (b)&nbsp;the current shared power to vote or direct the vote of and
to dispose of or direct the disposition of 2,028,531shares of Class&nbsp;A Common Stock (including 631 shares of Class&nbsp;A Common Stock
owned jointly with his spouse, 14,119 shares of Class&nbsp;A Common Stock owned personally by his spouse, 44,342 shares of Class&nbsp;A
Common Stock owned by the Dolan Children Trust for his benefit, 6,718 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trust
for his benefit, 916,156 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock owned of record by the Dolan Children Trust for his benefit and 1,046,565 shares of Class&nbsp;A Common Stock issuable upon conversion
of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for his benefit). He disclaims beneficial ownership
of an aggregate 746 shares of Class&nbsp;A Common Stock held as custodian for minor children or by household members, 14,119 shares of
Class&nbsp;A common Stock owned of record personally by his spouse, 44,342 shares of Class&nbsp;A Common Stock owned by the Dolan Children
Trust for his benefit, 6,718 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trust for his benefit, 916,156 shares of Class&nbsp;A
Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trust for
his benefit, 1,046,565 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock owned by the 2009 Family Trust for his benefit and 4,622,450 shares of Class&nbsp;A Common Stock issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that such person is the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Thomas C. Dolan may be deemed to beneficially
own an aggregate of 1,234,090 shares of Class&nbsp;A Common Stock, including (i)&nbsp;56,229 shares of Class&nbsp;A Common Stock and (ii)&nbsp;1,177,861shares
of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This amount represents
approximately 4.2% of the shares of Class&nbsp;A Common Stock currently outstanding. He may be deemed to have (a)&nbsp;the sole power
to vote or direct the vote of and to dispose of or to direct the disposition of 29,355 shares of Class&nbsp;A Common Stock owned of record
personally and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or to direct the disposition of 20,156
shares of Class&nbsp;A Common Stock owned by the Dolan Children Trust for his benefit, 6,718 shares of Class&nbsp;A Common Stock owned
by the 2009 Family Trust for his benefit, 468,423 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares
of Class&nbsp;B Common Stock owned by the Dolan Children Trust for his benefit and 709,438 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for his benefit. He disclaims
beneficial ownership of 20,156 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trust for his benefit, 6,718 shares of
Class&nbsp;A Common Stock owned by the 2009 Family Trust for his benefit, 468,423 shares of Class&nbsp;A Common Stock issuable upon conversion
of an equal number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trust for his benefit, 709,438 shares of Class&nbsp;A
Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for his
benefit and 5,688,893 shares of Class&nbsp;A Common Stock, issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock, held by other Reporting Persons hereto, and this report shall not be deemed to be an admission that such person is the beneficial
owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Kathleen M. Dolan may be deemed to beneficially
own an aggregate of 3,693,479 shares of Class&nbsp;A Common Stock, including (i)&nbsp;196,412 shares of Class&nbsp;A Common Stock and
(ii)&nbsp;3,497,067 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock.
This aggregate amount represents approximately 11.5% of the shares of Class&nbsp;A Common Stock currently outstanding. She may be deemed
to have (a)&nbsp;the sole power to vote or direct the vote of and to dispose of or to direct the disposition of 18,632 shares of Class&nbsp;A
Common Stock (including 2,378 shares of Class&nbsp;A Common Stock owned personally and 936 shares of Class&nbsp;A Common Stock held as
custodian for minor children or by household members and an aggregate of 15,318 shares of Class&nbsp;A Common Stock issuable upon conversion
of an equal number of shares of Class&nbsp;B Common Stock owned by the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust) and (b)&nbsp;the
current shared power to vote or direct the vote of and to dispose of or direct the disposition of 3,674,847 shares of Class&nbsp;A Common
Stock (including an aggregate of 137,059 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trusts, 6,718 shares of Class&nbsp;A
Common Stock owned by the 2009 Family Trust for her benefit, 49,321 shares of Class&nbsp;A Common Stock owned by the Green Mountain Foundation
Inc., an aggregate of 2,810,212 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock owned by the Dolan Children Trusts, 614,590 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number
of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for her benefit and 56,947 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Kathleen M. Dolan 2012 Descendants Trust). She
disclaims beneficial ownership of 936 shares of Class&nbsp;A Common Stock held as custodian for minor children or by household members,
49,321 shares of Class&nbsp;A Common Stock owned by the Green Mountain Foundation Inc., an aggregate of 137,059 shares of Class&nbsp;A
Common Stock owned by the Dolan Children Trusts, 6,718 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trust for her benefit,
an aggregate of 2,810,212 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock owned by the Dolan Children Trusts, an aggregate of 15,318 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal
number of shares of Class&nbsp;B Common Stock owned by the Ryan Dolan 1989 Trust and the Tara Dolan 1989 Trust, 614,590 shares of Class&nbsp;A
Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for her
benefit, 56,947 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock
owned by the Kathleen M. Dolan 2012 Descendants Trust and 3,369,687 shares of Class&nbsp;A Common Stock issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that such person is the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Marianne Dolan Weber may be deemed to beneficially
own an aggregate of 1,245,357 shares of Class&nbsp;A Common Stock, including (i)&nbsp;91,831 shares of Class&nbsp;A Common Stock and (ii)&nbsp;1,153,526
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 4.2% of the shares of Class&nbsp;A Common Stock currently outstanding. She may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote of and to dispose of or to direct the disposition of 11,606 shares of Class&nbsp;A Common Stock
owned personally, and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or to direct the disposition of
1,233,751 shares of Class&nbsp;A Common Stock (including 49,320 shares of Class&nbsp;A Common Stock owned by the Heartfelt Wings Foundation
Inc., 24,187 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trust for her benefit, 6,718 shares of Class&nbsp;A Common
Stock owned by the 2009 Family Trust for her benefit, 450,152 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal
number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trust for her benefit, 646,426 shares of Class&nbsp;A Common
Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for her benefit
and 56,948 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned
by the Marianne E. Dolan Weber 2012 Descendants Trust). She disclaims beneficial ownership of 49,320 shares of Class&nbsp;A Common Stock
owned by the Heartfelt Wings Foundation Inc., 24,187 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trust for her benefit,
6,718 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trust for her benefit, 450,152 shares of Class&nbsp;A Common Stock
issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trust for her benefit,
646,426 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by
the 2009 Family Trust for her benefit, 56,948 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares
of Class&nbsp;B Common Stock owned by the Marianne E. Dolan Weber 2012 Descendants Trust and 5,713,228 shares of Class&nbsp;A Common Stock
issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report
shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Deborah A. Dolan-Sweeney may be deemed to beneficially
own an aggregate of 1,150,034 shares of Class&nbsp;A Common Stock, including (i)&nbsp;67,165 shares of Class&nbsp;A Common Stock and (ii)&nbsp;1,082,869
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 3.9% of the shares of Class&nbsp;A Common Stock currently outstanding. She may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote of and to dispose of or to direct the disposition of 10,419 shares of Class&nbsp;A Common Stock
owned personally, and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 1,139,615
shares of Class&nbsp;A Common Stock (including 22,427 shares of Class&nbsp;A Common Stock owned personally by her spouse, 3,414 shares
of Class&nbsp;A Common Stock held by trusts for which her spouse serves as co-trustee, 24,187 shares of Class&nbsp;A Common Stock owned
by the Dolan Children Trust for her benefit, 6,718 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trust for her benefit,
511,089 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by
the Dolan Children Trust for her benefit and 571,780 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for her benefit). She disclaims beneficial ownership of 22,427 shares
of Class&nbsp;A Common Stock owned personally by her spouse, 3,414 shares of Class&nbsp;A Common Stock held by trusts for which her spouse
serves as co-trustee, 24,187 shares of Class&nbsp;A Common owned by the Dolan Children Trust for her benefit, 6,718 shares of Class&nbsp;A
Common owned by the 2009 Family Trust for her benefit, 511,089 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal
number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trust for her benefit, 571,780 shares of Class&nbsp;A Common
Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for her benefit
and 5,783,885 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned
by other Reporting Persons hereto, and this report shall not be deemed to be an admission that such person is the beneficial owner of
such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Patrick F. Dolan may be deemed to beneficially
own an aggregate of 58,022 shares of Class&nbsp;A Common Stock, including (i)&nbsp;1,075 shares of Class&nbsp;A Common Stock and (ii)&nbsp;56,947
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 0.2% of the shares of Class&nbsp;A Common Stock currently outstanding. He may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote of and to dispose of or to direct the disposition of 1,075 shares of Class&nbsp;A Common Stock owned
personally, and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or direct the disposition 56,947 shares
of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family
Trust for his benefit. He disclaims beneficial ownership of 56,947 shares of Class&nbsp;A Common Stock issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trust for his benefit and 6,809,807 shares of Class&nbsp;A
Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto,
and this report shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Corby Dolan Leinauer may be deemed to beneficially
own an aggregate of 3,682,059 shares of Class&nbsp;A Common Stock, including (i)&nbsp;36,313 shares of Class&nbsp;A Common Stock and (ii)&nbsp;3,645,746
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 11.5% of the shares of Class&nbsp;A Common Stock currently outstanding. She may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote of and to dispose of or to direct the disposition of 192 shares of Class&nbsp;A Common Stock held
as custodian for one or more minor children and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or direct
the disposition of 3,681,867 shares of Class&nbsp;A Common Stock (including 154 shares of Class&nbsp;A Common Stock owned jointly with
her spouse, 685 shares of Class&nbsp;A Common Stock owned by the Leinauer Family Education Trust, 423 shares of Class&nbsp;A Common Stock
owned by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren
Trust FBO Quentin F. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 423
shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, an aggregate of 33,590 shares of Class&nbsp;A
Common Stock owned by the 2009 Family Trusts, and an aggregate of 3,645,746 shares of Class&nbsp;A Common Stock issuable upon conversion
of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family Trusts). She disclaims beneficial ownership of 192
shares of Class&nbsp;A Common Stock held as custodian for one or more minor children, 685 shares of Class&nbsp;A Common Stock owned by
the Leinauer Family Education Trust, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan,
423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Quentin F. Dolan, 423 shares of Class&nbsp;A Common
Stock owned by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren
Trust FBO Kevyn A. Dolan, an aggregate of 33,590 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trusts, an aggregate of
3,645,746 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned
by the 2009 Family Trusts and 3,221,008 shares of Class&nbsp;A Common Stock, issuable upon conversion of an equal number of shares of
Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be an admission that she is
the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Mary S. Dolan may be deemed to beneficially own
an aggregate of 4,280,651 shares of Class&nbsp;A Common Stock, including (i)&nbsp;66,869 shares of Class&nbsp;A Common Stock and (ii)&nbsp;4,213,782
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 13.1% of the shares of Class&nbsp;A Common Stock currently outstanding. She may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote and to dispose of or direct the disposition of 3,453 shares of Class&nbsp;A Common Stock held as
custodian for one or more minor children and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or direct
the disposition of 4,277,198 shares of Class&nbsp;A Common Stock (including 3,947 shares of Class&nbsp;A Common Stock owned jointly with
her spouse, 24,187 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, 423
shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Aidan J. Dolan, 423 shares of Class&nbsp;A Common Stock
owned by the CFD 2012 Grandchildren Trust FBO Quentin F. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren
Trust FBO Marianne R. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, an
aggregate of 33,590 shares of Class&nbsp;A Common Stock owned by the 2009 Family Trusts, 511,089 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trust for the benefit of Deborah
Dolan-Sweeney, an aggregate of 3,645,746 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of
Class&nbsp;B Common Stock owned by the 2009 Family Trusts and 56,947 shares of Class&nbsp;A Common Stock issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by the Kathleen M. Dolan 2012 Descendants Trust). She disclaims beneficial ownership
of 3,453 shares of Class&nbsp;A Common Stock held as custodian for one or more minor children, 24,187 shares of Class&nbsp;A Common Stock
owned by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012
Grandchildren Trust FBO Aidan J. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Quentin
F. Dolan, 423 shares of Class&nbsp;A Common Stock owned by the CFD 2012 Grandchildren Trust FBO Marianne R. Dolan, 423 shares of Class&nbsp;A
Common Stock owned by the CFD 2012 Grandchildren Trust FBO Kevyn A. Dolan, an aggregate of 33,590 shares of Class&nbsp;A Common Stock
owned by the 2009 Family Trusts, 511,089 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of
Class&nbsp;B Common Stock owned by the Dolan Children Trust for the benefit of Deborah Dolan-Sweeney, an aggregate of 3,645,746 shares
of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the 2009 Family
Trusts, 56,947 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock
owned by the Kathleen M. Dolan 2012 Descendants Trust and 2,652,972 shares of Class&nbsp;A Common Stock issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that such person is the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Paul J. Dolan may be deemed to beneficially own
an aggregate of 1,552,631 shares of Class&nbsp;A Common Stock, including (i)&nbsp;115,136 shares of Class&nbsp;A Common Stock, and (ii)&nbsp;1,437,495
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 5.2% of the shares of Class&nbsp;A Common Stock currently outstanding. He may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote of and to dispose of or to direct the disposition of 398 shares of Class&nbsp;A Common Stock owned
personally and 46,209 shares of Class&nbsp;A Common Stock owned by the CFD Trust No.&nbsp;10 and (b)&nbsp;the current shared power to
vote or direct the vote of and to dispose of or direct the disposition of 1,506,024 shares of Class&nbsp;A Common Stock (including an
aggregate of 68,529 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James
L. Dolan, an aggregate of 1,380,548 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock owned by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan and 56,947 shares of Class&nbsp;A
Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Kathleen M. Dolan 2012 Descendants
Trust). He disclaims beneficial ownership of 46,209 shares of Class&nbsp;A Common Stock owned by the CFD Trust No.&nbsp;10, an aggregate
of 68,529 shares of Class&nbsp;A Common Stock owned by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan,
an aggregate of 1,380,548 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock owned by the Dolan Children Trusts for the benefit of Kathleen M. Dolan and James L. Dolan, 56,947 shares of Class&nbsp;A Common
Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Kathleen M. Dolan 2012 Descendants
Trust and 5,429,259 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock
owned by other Reporting Persons hereto, and this report shall not be deemed to be an admission that he is the beneficial owner of such
securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Charles F. Dolan Children Trust FBO Kathleen
M. Dolan may be deemed to beneficially own an aggregate of 488,579 shares of Class&nbsp;A Common Stock, including (i)&nbsp;24,187 shares
of Class&nbsp;A Common Stock and (ii)&nbsp;464,392 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,402,362 shares of Class&nbsp;A Common Stock, issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Kathleen M. Dolan and Paul J. Dolan are the
trustees and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Charles F. Dolan Children Trust FBO Deborah
Dolan-Sweeney may be deemed to beneficially own an aggregate of 535,276 shares of Class&nbsp;A Common Stock, including (i)&nbsp;24,187
shares of Class&nbsp;A Common Stock and (ii)&nbsp;511,089 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number
of shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,355,665 shares of Class&nbsp;A Common Stock, issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Kathleen M. Dolan and Mary S. Dolan are the
trustees and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Charles F. Dolan Children Trust FBO Marianne
Dolan Weber may be deemed to beneficially own an aggregate of 474,339 shares of Class&nbsp;A Common Stock, including (i)&nbsp;24,187 shares
of Class&nbsp;A Common Stock and (ii)&nbsp;450,152 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,416,602 shares of Class&nbsp;A Common Stock, issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Kathleen M. Dolan and Matthew J. Dolan are
the trustees and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Charles F. Dolan Children Trust FBO Thomas
C. Dolan may be deemed to beneficially own an aggregate of 488,579 shares of Class&nbsp;A Common Stock, including (i)&nbsp;20,156 shares
of Class&nbsp;A Common Stock and (ii)&nbsp;468,423 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,398,331 shares of Class&nbsp;A Common Stock, issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Kathleen M. Dolan and Matthew J. Dolan are
the trustees and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Charles F. Dolan Children Trust FBO James
L. Dolan may be deemed to beneficially own an aggregate of 960,498 shares of Class&nbsp;A Common Stock, including (i)&nbsp;44,342 shares
of Class&nbsp;A Common Stock and (ii)&nbsp;916,156 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 5,950,598 shares of Class&nbsp;A Common Stock, issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Kathleen M. Dolan and Paul J. Dolan are the
trustees and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2009 Family Trust FBO James L. Dolan may be
deemed to beneficially own an aggregate of 1,053,283 shares of Class&nbsp;A Common Stock, including (i)&nbsp;6,718 shares of Class&nbsp;A
Common Stock and (ii)&nbsp;1,046,565 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock. The trust disclaims beneficial ownership of 5,820,189 shares of Class&nbsp;A Common Stock, issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that the trust is the beneficial owner of such securities. Corby Dolan Leinauer and Mary S. Dolan are the trustees and have
the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2009 Family Trust FBO Thomas C. Dolan may
be deemed to beneficially own an aggregate of 716,156 shares of Class&nbsp;A Common Stock, including (i)&nbsp;6,718 shares of Class&nbsp;A
Common Stock and (ii)&nbsp;709,438 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock. The trust disclaims beneficial ownership of 6,157,316 shares of Class&nbsp;A Common Stock, issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that the trust is the beneficial owner of such securities. Corby Dolan Leinauer and Mary S. Dolan are the trustees and have
the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2009 Family Trust FBO Kathleen M. Dolan may
be deemed to beneficially own an aggregate of 621,308 shares of Class&nbsp;A Common Stock, including (i)&nbsp;6,718 shares of Class&nbsp;A
Common Stock and (ii)&nbsp;614,590 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock. The trust disclaims beneficial ownership of 6,252,164 shares of Class&nbsp;A Common Stock, issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that the trust is the beneficial owner of such securities. Corby Dolan Leinauer and Mary S. Dolan are the trustees and have
the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2009 Family Trust FBO Marianne E. Dolan Weber
may be deemed to beneficially own an aggregate of 653,144 shares of Class&nbsp;A Common Stock, including (i)&nbsp;6,718 shares of Class&nbsp;A
Common Stock and (ii)&nbsp;646,426 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock. The trust disclaims beneficial ownership of 6,220,328 shares of Class&nbsp;A Common Stock, issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that the trust is the beneficial owner of such securities. Corby Dolan Leinauer and Mary S. Dolan are the trustees and have
the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2009 Family Trust FBO Deborah A. Dolan-Sweeney
may be deemed to beneficially own an aggregate of 578,498 shares of Class&nbsp;A Common Stock, including (i)&nbsp;6,718 shares of Class&nbsp;A
Common Stock and (ii)&nbsp;571,780 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B
Common Stock. The trust disclaims beneficial ownership of 6,294,974 shares of Class&nbsp;A Common Stock, issuable upon conversion of an
equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be
an admission that the trust is the beneficial owner of such securities. Corby Dolan Leinauer and Mary S. Dolan are the trustees and have
the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The 2009 Family Trust FBO Patrick F. Dolan may
be deemed to beneficially own an aggregate of 56,947 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,809,807 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Corby Dolan Leinauer and Mary S. Dolan are
the trustees and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Ryan Dolan 1989 Trust may be deemed to beneficially
own an aggregate of 7,659 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock. The trust disclaims beneficial ownership of 6,859,095 shares of Class&nbsp;A Common Stock, issuable upon conversion of an equal
number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be an admission
that the trust is the beneficial owner of such securities. Kathleen M. Dolan is the trustee and has the sole power to vote and dispose
of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Tara Dolan 1989 Trust may be deemed to beneficially
own an aggregate of 7,659 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock. The trust disclaims beneficial ownership of 6,859,095 shares of Class&nbsp;A Common Stock, issuable upon conversion of an equal
number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall not be deemed to be an admission
that the trust is the beneficial owner of such securities. Kathleen M. Dolan is the trustee and has the sole power to vote and dispose
of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Marianne E. Dolan Weber 2012 Descendants Trust
may be deemed to beneficially own an aggregate of 56,948 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number
of shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,809,806 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Richard Baccarri is the trustee and has the
sole power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Kathleen M. Dolan 2012 Descendants Trust may
be deemed to beneficially own an aggregate of 56,947 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of
shares of Class&nbsp;B Common Stock. The trust disclaims beneficial ownership of 6,809,807 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report shall
not be deemed to be an admission that the trust is the beneficial owner of such securities. Paul J. Dolan and Mary S. Dolan are the trustees
and have the shared power to vote and dispose of the shares held by the trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Matthew J. Dolan may be deemed to beneficially
own an aggregate of 964,932 shares of Class&nbsp;A Common Stock, including (i)&nbsp;46,357 shares of Class&nbsp;A Common Stock and (ii)&nbsp;918,575
shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock. This aggregate
amount represents approximately 3.3% of the shares of Class&nbsp;A Common Stock currently outstanding. He may be deemed to have (a)&nbsp;the
sole power to vote or direct the vote of and to dispose of or to direct the disposition of 1,206 shares of Class&nbsp;A Common Stock (including
619 shares of Class&nbsp;A Common Stock owned personally and 587 shares of Class&nbsp;A Common Stock held as custodian for a minor child)
and (b)&nbsp;the current shared power to vote or direct the vote of and to dispose of or direct the disposition of 963,726 shares of Class&nbsp;A
Common Stock (including 480 shares of Class&nbsp;A Common Stock owned jointly with his spouse, 328 shares of Class&nbsp;A Common Stock
held by his spouse as custodian for a minor child and an aggregate of 44,343 shares of Class&nbsp;A Common stock owned by the Dolan Children
Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan and an aggregate of 918,575 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Dolan Children Trusts for the benefit of Marianne
Dolan Weber and Thomas C. Dolan). He disclaims beneficial ownership of 587 shares of Class&nbsp;A Common Stock held as custodian for a
minor child, 328 shares of Class&nbsp;A Common Stock held by his spouse as custodian for a minor child, an aggregate of 44,343 shares
of Class&nbsp;A Common Stock owned by the Dolan Children Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan, an aggregate
of 918,575 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned
by the Dolan Children Trusts for the benefit of Marianne Dolan Weber and Thomas C. Dolan and 5,948,179 shares of Class&nbsp;A Common Stock
issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by other Reporting Persons hereto, and this report
shall not be deemed to be an admission that such person is the beneficial owner of such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Richard Baccari may be deemed to beneficially
own an aggregate of 56,948 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common
Stock owned by the Marianne E. Dolan Weber 2012 Descendants Trust. This aggregate amount represents approximately 0.2% of the shares of
Class&nbsp;A Common Stock currently outstanding. He disclaims beneficial ownership of 56,948 shares of Class&nbsp;A Common Stock issuable
upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned by the Marianne E. Dolan Weber 2012 Descendants Trust
and 6,809,806 shares of Class&nbsp;A Common Stock issuable upon conversion of an equal number of shares of Class&nbsp;B Common Stock owned
by other Reporting Persons hereto, and this report shall not be deemed to be an admission that such person is the beneficial owner of
such securities. See Exhibit&nbsp;B.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing information does not include 107,586
unvested restricted stock units or the target amount of 4,009,192 unvested performance-based stock options granted by the Issuer to James
L. Dolan. The foregoing information also does not include restricted stock units granted by the Issuer to its directors and which units
settle 90 days following the person&rsquo;s separation from the Issuer: Paul J. Dolan, 25,762 units; Thomas C. Dolan, 28,786 units; Brian
G. Sweeney (Deborah A. Dolan-Sweeney&rsquo;s spouse), 28,786 units; Kristin A. Dolan (James L. Dolan&rsquo;s spouse), 23,214 units; and
Marianne Dolan Weber, 19,154 units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TYPE>EX-99.B
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<FILENAME>tm2525603d3_ex99-b.htm
<DESCRIPTION>EXHIBIT 99.B
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;B</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMENDED AND RESTATED TRUST BENEFICIARY LIST</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Kathleen M. Dolan is a co-Trustee of each of the
Charles F. Dolan Children Trust FBO James L. Dolan (with Paul J. Dolan as co-Trustee), the Charles F. Dolan Children Trust FBO Thomas
C. Dolan (with Matthew J. Dolan as co-Trustee), the Charles F. Dolan Children Trust FBO Kathleen M. Dolan (with Paul J. Dolan as co-Trustee),
the Charles F. Dolan Children Trust FBO Marianne Dolan Weber (with Matthew J. Dolan as co-Trustee) and the Charles F. Dolan Children Trust
FBO Deborah Dolan-Sweeney (with Mary S. Dolan as co-Trustee) (hereinafter referred to, collectively, as the &ldquo;Dolan Children Trusts&rdquo;,
and individually, as a &ldquo;Dolan Children Trust&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table lists each Dolan Children Trust&rsquo;s
name and the name of its beneficiary (each a &ldquo;Current Beneficiary&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
<TD STYLE="border-bottom: black 1pt solid; width: 65%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name of Trust</B></FONT></TD>
<TD STYLE="padding-bottom: 1pt; width: 2%">&nbsp;</TD>
<TD STYLE="border-bottom: black 1pt solid; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Current Beneficiary</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charles F. Dolan Children Trust FBO James L. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James L. Dolan</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charles F. Dolan Children Trust FBO Thomas C. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thomas C. Dolan</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charles F. Dolan Children Trust FBO Kathleen M. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kathleen M. Dolan</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charles F. Dolan Children Trust FBO Marianne Dolan Weber</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marianne Dolan Weber</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deborah A. Dolan-Sweeney</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For each Dolan Children Trust other than the Dolan
Children Trust for the benefit of Kathleen M. Dolan, distributions of income and principal can be made in the discretion of the Trustees
to the Current Beneficiary. For the Dolan Children Trust for the benefit of Kathleen M. Dolan, distributions of income and principal can
be made in the discretion of the non-beneficiary Trustee to the Current Beneficiary. The Current Beneficiary of each Dolan Children Trust
has the power to appoint additional or successor Trustees, including himself or herself, and to remove Trustees with respect to his or
her trust. In the event that a Current Beneficiary becomes a Trustee of his or her trust, distributions of income and principal to the
Current Beneficiary will be made in the discretion of the non-beneficiary Trustee. For each Dolan Children Trust, the Current Beneficiary
has the power during his or her life to appoint all or part of the assets of his or her trust to or for the benefit of one or more of
his or her descendants. Any unappointed portion of such trust will pass, in further trust, per stirpes to the Current Beneficiary&rsquo;s
then living descendants, or if none, per stirpes to the then living descendants of Charles F. Dolan, or if none, among the heirs-at-law
of Charles F. Dolan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Current Beneficiary of any Dolan Children Trust
can be said to have only a contingent economic interest in the securities of the Issuer held by such Dolan Children Trust because the
non-beneficiary Trustee thereof has the sole discretion to distribute or accumulate the income from each Dolan Children Trust and the
sole discretion to distribute the principal of each Dolan Children Trust to the Current Beneficiary of such Dolan Children Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Kathleen M. Dolan is the sole Trustee of the Ryan
Dolan 1989 Trust and the Tara Dolan 1989 Trust (together, the &ldquo;CFD 1989 Grandchildren Trusts&rdquo; and individually, a &ldquo;CFD
1989 Grandchild Trust&rdquo;). All of the net income of the relevant CFD 1989 Grandchild Trust is distributed to the respective beneficiary.
In addition, during the continuance of the relevant CFD 1989 Grandchild Trust, the Trustee in the Trustee&rsquo;s discretion may distribute
the principal of the relevant CFD 1989 Grandchild Trust to or for the benefit of the respective beneficiary. Upon the respective beneficiary
attaining age 40, the relevant CFD 1989 Grandchild Trust for the respective beneficiary terminates and is to be distributed to such beneficiary.
If the respective beneficiary dies before attaining age 40, such beneficiary has a testamentary general power of appointment over the
relevant CFD 1989 Grandchild Trust. In default of the exercise of such power of appointment, the relevant CFD 1989 Grandchild Trust will
be distributed to the respective beneficiary&rsquo;s then-living issue, per stirpes, or if none, to Charles F. Dolan&rsquo;s then-living
grandchildren, in equal shares, or if none, to Charles F. Dolan&rsquo;s then-living issue, per stirpes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each of Mary S. Dolan and Corby Dolan Leinauer
(each, a &ldquo;2009 Family Trustee&rdquo; and together, the &ldquo;2009 Family Trustees&rdquo;) is currently a trustee of the Charles
F. Dolan 2009 Family Trusts (the &ldquo;2009 Family Trusts&rdquo;). The property held in the 2009 Family Trusts is held in separate trusts,
such that there is one trust in respect of each living child of Charles F. Dolan. The beneficiaries of each trust are the child for whom
the trust was set apart and his or her descendants (each, a &ldquo;Beneficiary&rdquo;). As a 2009 Family Trustee, Mary S. Dolan has the
shared power to vote and dispose of all shares held by the 2009 Family Trusts. Corby Dolan Leinauer, as a 2009 Family Trustee, shares
the power to vote and dispose of all shares held by the 2009 Family Trusts. During the life of each child of Charles F. Dolan, distributions
of income and principal of his or her trust can be made in the discretion of Mary S. Dolan and Corby Dolan Leinauer, as 2009 Family Trustees,
among the Beneficiaries of each such trust. Each child of Charles F. Dolan has the power to appoint additional or successor Trustees,
including himself or herself, and to remove Trustees with respect to his or her 2009 Family Trust. In the event that a Beneficiary becomes
a Trustee of his or her 2009 Family Trust, distributions of income and principal from such 2009 Family Trust will be made in the discretion
of the non-beneficiary Trustee. Each child of Charles F. Dolan has a testamentary power of appointment over the 2009 Family Trust for
his or her benefit, except that any shares of Class&nbsp;B Common Stock can only be appointed in further trust for the benefit of any
one or more of the descendants of Charles F. Dolan upon substantially the same terms as the 2009 Family Trusts. Upon the death of a child
of Charles F. Dolan, the 2009 Family Trustees will distribute any remaining unappointed trust principal of such trust in continuing trust
for such child&rsquo;s then living descendants, per stirpes. If there are no such living descendants, then the 2009 Family Trustees will
distribute any remaining trust principal to the other 2009 Family Trusts for the benefit of the then living descendants of Charles F.
Dolan. If there are no such living descendants, the trust principal will be distributed to the Dolan Family Foundation or any successor
thereto or, if it is not then in existence, then to a charitable organization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Beneficiary has a right of withdrawal with
respect to certain contributions made to his or her respective trust that constitute a gift within the meaning of Chapter 12 of the Internal
Revenue Code, and that do not exceed the gift tax exclusion found in Section&nbsp;2503(b)&nbsp;of the Code. If the right of withdrawal
is not exercised, such right lapses with respect to all or a certain portion of such gift on each of the following dates: (i)&nbsp;the
last day of the calendar year in which such gift is made (or 60 days following the gift, if later), and (ii)&nbsp;the first day of the
subsequent calendar year. The portion of the right of withdrawal that lapses on each such date is the greater of $5,000 and five percent
of the value of the trust principal. A donor may deny any Beneficiary the right of withdrawal with respect to a gift. To the extent of
this right of withdrawal, each Beneficiary of such trust may be said to have a direct economic interest in trust assets, including securities
of the Issuer held by the 2009 Family Trusts. Currently, no portion of trust assets may be withdrawn by any Beneficiary pursuant to the
right of withdrawal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except to the extent of the right of withdrawal,
each Beneficiary of the 2009 Family Trusts has only a contingent economic interest in the securities of the Issuer held by the 2009 Family
Trusts because Mary S. Dolan and Corby Dolan Leinauer, as 2009 Family Trustees thereof, have the sole discretion to distribute or accumulate
the income and the sole discretion to distribute the principal of the 2009 Family Trusts to each Beneficiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table lists each 2009 Family Trust&rsquo;s
name and the names of its beneficiaries (each a &ldquo;Current Beneficiary&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
<TD STYLE="border-bottom: black 1pt solid; width: 60%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name of Trust</B></FONT></TD>
<TD STYLE="padding-bottom: 1pt; width: 2%">&nbsp;</TD>
<TD STYLE="border-bottom: black 1pt solid; width: 38%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Current Beneficiaries</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFD 2009 Family Trust FBO James L. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">James L. Dolan and his descendants</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFD 2009 Family Trust FBO Patrick F. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Patrick F. Dolan and his descendants</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFD 2009 Family Trust FBO Thomas C. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thomas C. Dolan</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFD 2009 Family Trust FBO Kathleen M. Dolan</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kathleen M. Dolan and her descendants</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFD 2009 Family Trust FBO Marianne Dolan Weber</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marianne Dolan Weber and her descendants</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFD 2009 Family Trust FBO Deborah A. Dolan-Sweeney</FONT></TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deborah A. Dolan-Sweeney and her descendants</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each of Paul J. Dolan and Mary S. Dolan is currently
a Trustee of the Kathleen M. Dolan 2012 Descendants Trust. Richard Baccari is currently the sole Trustee of the Marianne E. Dolan Weber
2012 Descendants Trust (each of the foregoing trusts a &ldquo;2012 Descendants Trust&rdquo; and collectively, the &ldquo;2012 Descendants
Trusts&rdquo; and each of Kathleen M. Dolan and Marianne E. Dolan Weber, the &ldquo;Settlor&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The beneficiaries of each 2012 Descendants Trust
are the descendants of the Settlor of such trust as set forth in the table below (collectively, the &ldquo;Beneficiaries&rdquo;). Paul
J. Dolan, as a Trustee of the 2012 Descendants Trust for the benefit of the descendants of Kathleen M. Dolan, has the shared power to
vote and dispose of any shares held by such 2012 Descendants Trust. Mary S. Dolan, as a Trustee of the 2012 Descendants Trust for the
benefit of the descendants of Kathleen M. Dolan, shares the power to vote and dispose of any shares held by such 2012 Descendants Trust.
Richard Baccari, as the sole Trustee of the 2012 Descendants Trust for the benefit of the descendants of Marianne E. Dolan Weber, has
the power to vote and dispose of any shares held by such 2012 Descendants Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Distributions of income and/or principal of each
2012 Descendants Trust can be made in the discretion of its Trustee to any one or more of the Beneficiaries of each such trust, without
equality of treatment. The Settlor of each 2012 Descendants Trust has the power to appoint additional or successor Trustees (not including
himself or herself) and to remove Trustees of the 2012 Descendants Trust for the benefit of his or her descendants. After the death of
the Settlor of a 2012 Descendants Trust, the adult children of the Settlor will have the power to appoint additional or successor Trustees
(including themselves) of such trusts, and after their deaths, the adult grandchildren of the Settlor will have these powers. The Settlor
of each 2012 Descendants Trust has the right to substitute assets with the 2012 Descendants Trust settled by him or her, subject to the
reasonable satisfaction of the Trustee or Trustees of such trust that the substitute assets received by the trust are of equal value to
the trust property exchanged therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each 2012 Descendants Trust terminates on the earlier
to occur of (1)&nbsp;the expiration of 21 years after the death of the last surviving descendant of Charles F. Dolan who was alive at
the creation of the trust or (2)&nbsp;the death of the last surviving descendant of the Settlor. Upon such termination, any remaining
trust assets will be distributed among the Settlor&rsquo;s then living descendants as determined by the Trustee in the Trustee&rsquo;s
discretion. If there are no descendants of the Settlor then living, the remaining trust property will be divided into equal shares for
the then living grandchildren of Charles F. Dolan or, if none, into equal shares for the next generation of the then living descendants
of Charles F. Dolan and will be distributed to such persons or to any trust or trusts for their benefit. If there are no then living descendants
of Charles F. Dolan, any remaining trust property will pass to a charitable organization or organizations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Beneficiary has a right of withdrawal with
respect to certain contributions made to the 2012 Descendants Trust of which he or she is a beneficiary that constitute a gift within
the meaning of Chapter 12 of the Internal Revenue Code and that do not exceed the gift tax exclusion found in Section&nbsp;2503(b)&nbsp;of
the Code. If the right of withdrawal is not exercised, such right lapses with respect to all or a certain portion of such gift on each
of the following dates: (i)&nbsp;30 days following the Settlor&rsquo;s death, (ii)&nbsp;the last day of the calendar year in which such
gift is made (or 60 days following the gift, if later), and (iii)&nbsp;the first day of the subsequent calendar year. The portion of the
right of withdrawal that lapses on each such date is the greater of $5,000 and five percent of the value of the trust principal. A donor
may deny any Beneficiary the right of withdrawal with respect to a gift. To the extent of this right of withdrawal, each Beneficiary may
be said to have a direct economic interest in assets of the trust in which he or she has a beneficial interest, including securities of
the Issuer held by the 2012 Descendants Trust. Currently, no portion of trust assets may be withdrawn by any Beneficiary pursuant to the
right of withdrawal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except to the extent of the right of withdrawal,
the Beneficiaries of the 2012 Descendants Trusts have only a contingent economic interest in any securities of the Issuer held by the
2012 Descendants Trusts because the Trustee or Trustees of each such trust has the sole discretion to distribute or accumulate the income
and the sole discretion to distribute the principal of the 2012 Descendants Trust to the Beneficiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following table lists each 2012 Descendants
Trust&rsquo;s name and the names of its beneficiaries (each a &ldquo;Current Beneficiary&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
<TD STYLE="border-bottom: black 1pt solid; width: 63%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name of Trust</B></FONT></TD>
<TD STYLE="padding-bottom: 1pt; width: 2%">&nbsp;</TD>
<TD STYLE="border-bottom: black 1pt solid; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Current Beneficiaries</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD STYLE="padding-bottom: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kathleen M. Dolan 2012 Descendants Trust</FONT></TD>
<TD STYLE="padding-bottom: 5pt">&nbsp;</TD>
<TD STYLE="padding-bottom: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kathleen M. Dolan&rsquo;s descendants</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
<TD STYLE="padding-bottom: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marianne E. Dolan Weber 2012 Descendants Trust</FONT></TD>
<TD STYLE="padding-bottom: 5pt">&nbsp;</TD>
<TD STYLE="padding-bottom: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marianne E. Dolan Weber&rsquo;s descendants</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

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<DOCUMENT>
<TYPE>EX-99.C.2
<SEQUENCE>4
<FILENAME>tm2525603d3_ex99-c2.htm
<DESCRIPTION>EXHIBIT 99.C.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 373pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt 0 0pt 373pt"><B>Exhibit C.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Know all by these presents, that the undersigned hereby constitutes
and appoints Dennis H. Javer, the undersigned&rsquo;s true and lawful attorney-in-fact to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>execute for and on behalf of the undersigned,
                                            in the undersigned&rsquo;s capacity as an Officer and/or Director of, beneficial owner of
                                            and/or trustee of a trust which beneficially owns stock of Sphere Entertainment Co. (the
                                            &ldquo;Company&rdquo;), (i) all reports on Forms 3, 4 and 5 and any other forms required
                                            to be filed in accordance with Section 16(a) of the Securities Exchange Act of 1934 (the
                                            &ldquo;Exchange Act&rdquo;) and the rules promulgated thereunder (a &ldquo;Section 16 Form&rdquo;),
                                            and (ii) all forms and schedules in accordance with Section 13(d) of the Exchange Act and
                                            the rules promulgated thereunder, including all amendments thereto (a &ldquo;Section 13 Schedule&rdquo;,
                                            and, together with Section 16 Forms, the &ldquo;Forms and Schedules&rdquo;); </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>do and perform any and all acts for
                                            and on behalf of the undersigned which may be necessary or desirable to complete and execute
                                            any such Forms and Schedules, complete and execute any amendment or amendments thereto, and
                                            timely file such Forms and Schedules with the United States Securities and Exchange Commission
                                            and any stock exchange or similar authority; and </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>take any other action of any type whatsoever
                                            in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of
                                            benefit to, in the best interest of, or legally required by, the undersigned, it being understood
                                            that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant
                                            to this Power of Attorney shall be in such form and shall contain such terms and conditions
                                            as he or she may approve in his or her discretion. </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 11pt 0pt 0">The undersigned hereby grants to such attorney-in-fact full
power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or his or her
substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that such attorney-in-fact is serving in such capacity at the request of the undersigned, and is
not assuming, nor is the Company assuming, any of the undersigned&rsquo;s responsibilities to comply with Section 13 or Section 16 of
the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 16pt 0pt 0">The Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file any Forms and Schedules with respect to the undersigned&rsquo;s holdings of and transactions
in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to such attorney-in-fact.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Power of Attorney is not intended to, and does not, revoke or
in any way affect, any prior power of attorney that the undersigned has executed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22pt 0pt 0">IN WITNESS WHEREOF, the undersigned has caused this Power
of Attorney to be executed as of this 4th day of September, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/ Patrick F.
    Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Patrick F. Dolan</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Know all by these presents, that the undersigned hereby constitutes
and appoints each of Dennis H. Javer, Thomas C. Dolan and Brian G. Sweeney, and each of them individually, the undersigned&rsquo;s true
and lawful attorney-in-fact to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>execute for and on behalf of the undersigned,
                                            in the undersigned&rsquo;s capacity as an Officer and/or Director of, beneficial owner of
                                            and/or trustee of a trust which beneficially owns stock of Sphere Entertainment Co. (the
                                            &ldquo;Company&rdquo;), (i) all reports on Forms 3, 4 and 5 and any other forms required
                                            to be filed in accordance with Section 16(a) of the Securities Exchange Act of 1934 (the
                                            &ldquo;Exchange Act&rdquo;) and the rules promulgated thereunder (a &ldquo;Section 16 Form&rdquo;),
                                            and (ii) all forms and schedules in accordance with Section 13(d) of the Exchange Act and
                                            the rules promulgated thereunder, including all amendments thereto (a &ldquo;Section 13 Schedule&rdquo;,
                                            and, together with Section 16 Forms, the &ldquo;Forms and Schedules&rdquo;); </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>do and perform any and all acts for
                                            and on behalf of the undersigned which may be necessary or desirable to complete and execute
                                            any such Forms and Schedules, complete and execute any amendment or amendments thereto, and
                                            timely file such Forms and Schedules with the United States Securities and Exchange Commission
                                            and any stock exchange or similar authority; and </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD>take
                                            any other action of any type whatsoever in connection with the foregoing which, in the opinion
                                            of each such attorney-in-fact, may be of benefit to, in the best interest of, or legally
                                            required by, the undersigned, it being understood that the documents executed by each such
                                            attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be
                                            in such form and shall contain such terms and conditions as he or she may approve in his
                                            or her discretion. </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 27pt 0pt 0">The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and confirming all that each such attorney-in-fact, or his or
her substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that each such attorney-in-fact is serving in such capacity at the request of the undersigned,
and is not assuming, nor is the Company assuming, any of the undersigned&rsquo;s responsibilities to comply with Section 13 or Section
16 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 44pt 0pt 0">The Power of Attorney shall remain in full force and
effect until the undersigned is no longer required to file any Forms and Schedules with respect to the undersigned&rsquo;s holdings
of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to
each such attorney-in-fact.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Power of Attorney is not intended to, and does not, revoke or
in any way affect, any prior power of attorney that the undersigned has executed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22pt 0pt 0">IN WITNESS WHEREOF, the undersigned has caused this Power
of Attorney to be executed as of this 4th day of September, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">CHARLES F. DOLAN 2009 FAMILY</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">TRUST FBO PATRICK F. DOLAN</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/ Mary S. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Mary S. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Corby Dolan
    Leinauer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Corby Dolan Leinauer, Trustee</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Know all by these presents, that the undersigned hereby constitutes
and appoints Brian G. Sweeney, the undersigned&rsquo;s true and lawful attorney-in-fact to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>execute for and on behalf of the undersigned,
                                            in the undersigned&rsquo;s capacity as an Officer and/or Director of, beneficial owner of
                                            and/or trustee of a trust which beneficially owns stock of Sphere Entertainment Co. (the
                                            &ldquo;Company&rdquo;), (i) all reports on Forms 3, 4 and 5 and any other forms required
                                            to be filed in accordance with Section 16(a) of the Securities Exchange Act of 1934 (the
                                            &ldquo;Exchange Act&rdquo;) and the rules promulgated thereunder (a &ldquo;Section 16 Form&rdquo;),
                                            and (ii) all forms and schedules in accordance with Section 13(d) of the Exchange Act and
                                            the rules promulgated thereunder, including all amendments thereto (a &ldquo;Section 13 Schedule&rdquo;,
                                            and, together with Section 16 Forms, the &ldquo;Forms and Schedules&rdquo;); </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>do and perform any and all acts for
                                            and on behalf of the undersigned which may be necessary or desirable to complete and execute
                                            any such Forms and Schedules, complete and execute any amendment or amendments thereto, and
                                            timely file such Forms and Schedules with the United States Securities and Exchange Commission
                                            and any stock exchange or similar authority; and </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>take any other action of any type whatsoever
                                            in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of
                                            benefit to, in the best interest of, or legally required by, the undersigned, it being understood
                                            that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant
                                            to this Power of Attorney shall be in such form and shall contain such terms and conditions
                                            as he or she may approve in his or her discretion. </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3pt 0pt 0">The undersigned hereby grants to such attorney-in-fact full
power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or his or her
substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that such attorney-in-fact is serving in such capacity at the request of the undersigned, and is
not assuming, nor is the Company assuming, any of the undersigned&rsquo;s responsibilities to comply with Section 13 or Section 16 of
the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9pt 0pt 0">The Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file any Forms and Schedules with respect to the undersigned&rsquo;s holdings of and transactions
in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to such attorney-in-fact.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Power of Attorney is not intended to, and does not, revoke or
in any way affect, any prior power of attorney that the undersigned has executed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22pt 0pt 0">IN WITNESS WHEREOF, the undersigned has caused this Power
of Attorney to be executed as of this 4th day of September, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">MARIANNE E. DOLAN WEBER 2012 </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">DESCENDANTS TRUST</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/ Richard Baccari</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Richard Baccari, Trustee</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Know all by these presents, that the undersigned hereby constitutes
and appoints each of Richard Baccari, Marianne E. Dolan Weber and Brian G. Sweeney, and each of them individually, the undersigned&rsquo;s
true and lawful attorney-in-fact to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>execute for and on behalf of the undersigned,
                                            in the undersigned&rsquo;s capacity as an Officer and/or Director of, beneficial owner of
                                            and/or trustee of a trust which beneficially owns stock of Sphere Entertainment Co. (the
                                            &ldquo;Company&rdquo;), (i) all reports on Forms 3, 4 and 5 and any other forms required
                                            to be filed in accordance with Section 16(a) of the Securities Exchange Act of 1934 (the
                                            &ldquo;Exchange Act&rdquo;) and the rules promulgated thereunder (a &ldquo;Section 16 Form&rdquo;),
                                            and (ii) all forms and schedules in accordance with Section 13(d) of the Exchange Act and
                                            the rules promulgated thereunder, including all amendments thereto (a &ldquo;Section 13 Schedule&rdquo;,
                                            and, together with Section 16 Forms, the &ldquo;Forms and Schedules&rdquo;); </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>do and perform any and all acts for
                                            and on behalf of the undersigned which may be necessary or desirable to complete and execute
                                            any such Forms and Schedules, complete and execute any amendment or amendments thereto, and
                                            timely file such Forms and Schedules with the United States Securities and Exchange Commission
                                            and any stock exchange or similar authority; and </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">(3)</FONT></TD><TD>take
                                            any other action of any type whatsoever in connection with the foregoing which, in the opinion
                                            of each such attorney-in-fact, may be of benefit to, in the best interest of, or legally
                                            required by, the undersigned, it being understood that the documents executed by each such
                                            attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be
                                            in such form and shall contain such terms and conditions as he or she may approve in his
                                            or her discretion. </TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 31pt 0pt 0">The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and confirming all that each such attorney-in-fact, or his or
her substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that each such attorney-in-fact is serving in such capacity at the request of the undersigned,
and is not assuming, nor is the Company assuming, any of the undersigned&rsquo;s responsibilities to comply with Section 13 or Section
16 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 48pt 0pt 0">The Power of Attorney shall remain in full force and
effect until the undersigned is no longer required to file any Forms and Schedules with respect to the undersigned&rsquo;s holdings
of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to
each such attorney-in-fact.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Power of Attorney is not intended to, and does not, revoke or
in any way affect, any prior power of attorney that the undersigned has executed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 22pt 0pt 0">IN WITNESS WHEREOF, the undersigned has caused this Power
of Attorney to be executed as of this 4th day of September, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">KATHLEEN M. DOLAN 2012 </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">DESCENDANTS TRUST</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">/s/ Paul J. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Paul J. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Mary S. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Mary S. Dolan, Trustee</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in"></P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.D
<SEQUENCE>5
<FILENAME>tm2525603d3_ex99-d.htm
<DESCRIPTION>EXHIBIT 99.D
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;D</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JOINT FILING AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In accordance with Rule&nbsp;13d-1(k)(1)(iii)&nbsp;under
the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement
on Schedule 13D (including additional amendments thereto) with respect to the shares of Class&nbsp;A Common Stock, $0.01 par value, of
Sphere Entertainment Co. This Joint Filing Agreement shall be filed as an Exhibit&nbsp;to such Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: September&nbsp;10, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ James L. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">James L. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Thomas C. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Thomas C. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Kathleen M. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Marianne Dolan Weber</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Deborah A. Dolan-Sweeney</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">**</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Patrick F. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Corby Dolan Leinauer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Mary S. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Paul J. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Paul J. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Charles F. Dolan 2009 REVOCABLE TRUST</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Paul J. Dolan</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Paul J. Dolan, Trustee</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Charles F. Dolan Children Trust FBO Kathleen M. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Charles F. Dolan Children Trust FBO James L. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By: Kathleen M. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Paul J. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Paul J. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Charles F. Dolan Children Trust FBO Marianne Dolan Weber</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Charles F. Dolan Children Trust FBO Thomas C. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Kathleen M. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Matthew J. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Kathleen M. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Mary S. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">CHARLES F. DoLAN 2009 Family Trust FBO Kathleen M. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">CHARLES F. DoLAN 2009 Family Trust FBO Deborah A. Dolan-Sweeney</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">CHARLES F. DoLAN 2009 Family Trust FBO Marianne E. Dolan Weber</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">CHARLES F. DoLAN 2009 Family Trust FBO Thomas C. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">CHARLES F. DoLAN 2009 Family Trust FBO James L. Dolan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">CHARLES F. DOLAN 2009 FAMILY TRUST FBO pATRICK F. DOLAN</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Mary S. Dolan, Trustee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">*</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;Corby Dolan Leinauer, Trustee</FONT></TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Ryan Dolan 1989 Trust</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Tara Dolan 1989 Trust</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid">*</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;&nbsp;Kathleen M. Dolan, Trustee</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>MARIANNE E. DOLAN WEBER 2012 DESCENDANTS TRUST</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid">*</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;&nbsp;Richard Baccari, Trustee</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>KATHLEEN M. DOLAN 2012 DESCENDANTS TRUST</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Paul J. Dolan</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;&nbsp;Paul J. Dolan, Trustee</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid">*</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;&nbsp;Mary S. Dolan, Trustee</TD></TR>
  </TABLE>
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    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">*By:</FONT></TD>
    <TD STYLE="width: 45%; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Brian G. Sweeney</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Brian G. Sweeney</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">as Attorney-in-Fact</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
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    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">**By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Dennis H. Javer</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dennis H. Javer</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">as Attorney-in-Fact</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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