Madison Square Garden Entertainment Corp. (NYSE: MSGE)

Madison Square Garden Entertainment Corp. is a live entertainment company that owns and operates a portfolio of iconic venues and produces original shows. It operates in the live entertainment industry.

Revenue is generated from venue rentals ticket sales concessions premium hospitality sponsorships booking fees and long term arena license agreements with MSG Sports for Knicks and Rangers home games.

The company operates through the following segments: Entertainment.</parameter>

• The Entertainment segment includes the ownership and operation of five major venues the production of the Christmas Spectacular and the entertainment and sports bookings business that books concerts family shows and sporting events across those venues.

Madison Square Garden Entertainment Corp. holds a leading position in the live entertainment industry due to its collection of world renowned venues located in major markets. The company benefits from deep relationships with promoters artists and sports organizations which enable it to attract top tier talent and high profile events. Competitive advantages include its historic brand recognition its data driven approach to guest experience and its ability to offer premium hospitality packages that generate recurring revenue.

The company serves a diverse customer base that includes individual fans attending events corporate clients purchasing suites and hospitality packages and sponsors seeking marketing exposure. Specific corporate partners include MSG Sports the New York Knicks and the New York Rangers which hold long term arena license agreements. Additional customers comprise major concert promoters family show producers and brands that activate through outdoor signage and premium hospitality offerings.