Madison Square Garden Sports (MSGS) 10-Q 3 Feb 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2016	Jan. 31, 2017
Entity Registrant Name	Madison Square Garden Co
Trading Symbol	MSG
Entity Central Index Key	1,636,519
Current Fiscal Year End Date	--06-30
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		19,433,143
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding		4,529,517

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Current Assets:
Cash and cash equivalents	$ 1,410,345	$ 1,444,317
Restricted cash	19,652	27,091
Accounts receivable, net	90,837	75,998
Net related party receivables, current	3,996	4,079
Prepaid expenses	40,460	27,031
Other current assets	23,710	25,337
Total current assets	1,589,000	1,603,853
Net related party receivables, noncurrent	0	1,710
Investments and loans to nonconsolidated affiliates	264,484	263,546
Property and equipment, net of accumulated depreciation and amortization of $589,646 and $540,801 as of December 31, 2016 and June 30, 2016, respectively	1,131,236	1,160,609
Amortizable intangible assets, net	24,297	15,729
Indefinite-lived intangible assets	166,850	166,850
Goodwill	289,704	277,166
Other assets	87,214	54,487
Total assets	3,552,785	3,543,950
Current Liabilities:
Accounts payable	29,204	13,935
Net related party payables	16,271	15,275
Accrued liabilities:
Employee related costs	85,445	119,357
Other accrued liabilities	146,791	133,832
Deferred revenue	371,806	332,416
Total current liabilities	649,517	614,815
Defined benefit and other postretirement obligations	56,436	66,035
Other employee related costs	23,828	32,921
Deferred tax liabilities, net	194,897	194,583
Other liabilities	50,076	49,175
Total liabilities	974,754	957,529
Commitments and contingencies (see Note 8)
The Madison Square Garden Company Stockholders’ Equity:
Preferred stock, par value $0.01,15,000 shares authorized; none outstanding as of December 31, 2016 and June 30, 2016	0	0
Additional paid-in capital	2,812,156	2,806,352
Treasury stock, at cost, 1,015 and 671 shares as of December 31, 2016 and June 30, 2016, respectively	(166,815)	(101,882)
Accumulated deficit	(46,587)	(75,687)
Accumulated other comprehensive loss	(31,773)	(42,611)
Total The Madison Square Garden Company stockholders’ equity	2,567,230	2,586,421
Noncontrolling interests	10,801
Total equity	2,578,031	2,586,421
Total liabilities and equity	3,552,785	3,543,950
Class A Common Stock [Member]
The Madison Square Garden Company Stockholders’ Equity:
Common stock, value issued	204	204
Class B Common Stock [Member]
The Madison Square Garden Company Stockholders’ Equity:
Common stock, value issued	$ 45	$ 45

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 589,646	$ 540,801
Preferred stock, par value (dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, shares outstanding	0	0
Treasury Stock, Shares	1,015,000	671,000
Class A Common Stock [Member]
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	120,000,000	120,000,000
Common stock, shares outstanding	19,433,000	19,777,000
Class B Common Stock [Member]
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares outstanding	4,530,000	4,530,000

Consolidated and Combined State

Consolidated and Combined Statements Of Operations - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Income Statement [Abstract]
Revenues (a)	[1]	$ 445,150	$ 410,838	$ 626,845	$ 561,219
Operating expenses:
Direct operating expenses (b)	[2]	266,673	249,632	378,080	320,982
Selling, general and administrative expenses (c)	[3]	94,260	86,262	171,281	144,630
Depreciation and amortization		25,966	25,905	52,076	51,145
Operating income		58,251	49,039	25,408	44,462
Other income (expense):
Earnings (loss) in equity method investments		(1,188)	(2,475)	(2,182)	204
Interest income (d)	[4]	2,692	1,448	5,091	2,405
Interest expense		(491)	(514)	(901)	(1,054)
Miscellaneous income (expense)	[5]	1,405	(4,080)	1,405	(4,080)
Nonoperating income (expense)		2,418	(5,621)	3,413	(2,525)
Income from operations before income taxes		60,669	43,418	28,821	41,937
Income tax benefit (expense)		(3,248)	70	(314)	(52)
Net income		57,421	43,488	28,507	41,885
Less: Net loss attributable to noncontrolling interests		(305)		(593)
Net income attributable to The Madison Square Garden Company’s stockholders		$ 57,726	$ 43,488	$ 29,100	$ 41,885
Basic earnings per common share attributable to The Madison Square Garden Company’s stockholders		$ 2.41	$ 1.74	$ 1.21	$ 1.68
Diluted earnings per common share attributable to The Madison Square Garden Company’s stockholders		$ 2.39	$ 1.74	$ 1.20	$ 1.67
Weighted-average number of common shares outstanding:
Basic		23,971	24,971	24,013	24,949
Diluted		24,143	25,055	24,192	25,031
[1]	Include revenues from related parties of $39,040 and $41,321 for the three months ended December 31, 2016 and 2015, respectively, and $72,881 and $74,880 for the six months ended December 31, 2016 and 2015, respectively.
[2]	Include net charges from (to) related parties of $475 and $1,036 for the three months ended December 31, 2016 and 2015, respectively, and $689 and $(35) for the six months ended December 31, 2016 and 2015, respectively.
[3]	Include net charges to related parties of $(1,616) and $(300) for the three months ended December 31, 2016 and 2015, respectively, and $(3,204) and $(29,872) for the six months ended December 31, 2016 and 2015, respectively.
[4]	Includes interest income from nonconsolidated affiliates of $1,114 and $671 for the three months ended December 31, 2016 and 2015, respectively, and $1,979 and $1,306 for the six months ended December 31, 2016 and 2015, respectively.
[5]	Miscellaneous income for the three and six months ended December 31, 2016 consists principally of the recovery of certain claims in connection with a third party bankruptcy proceeding. Miscellaneous expenses for the three and six months ended December 31, 2015 primarily include partial write-down of one of the Company’s cost method investments (see Note 6).

Consolidated and Combined Stat5

Consolidated and Combined Statements Of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Revenues from related party	$ 39,040	$ 41,321	$ 72,881	$ 74,880
Direct operating expenses from (to) related party	475	1,036	689	(35)
Selling, General and Administrative Expenses from (to) related party	(1,616)	(300)	(3,204)	(29,872)
Other nonconsolidated affiliate [Member]
Related Party Transaction [Line Items]
Interest income from related party	$ 1,114	$ 671	$ 1,979	1,306
MSG Networks [Member]
Related Party Transaction [Line Items]
Interest income from related party				$ 307

Consolidated and Combined Stat6

Consolidated and Combined Statements Of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 57,421	$ 43,488	$ 28,507	$ 41,885
Pension plans and postretirement plan:
Net unamortized losses arising during the period	0	0	0	(602)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of net actuarial loss included in net periodic benefit cost	344	255	688	554
Amortization of net prior service credit included in net periodic benefit cost	(13)	(20)	(25)	(37)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	331	235	663	(85)
Net changes related to available-for-sale securities	3,433	0	10,175	0
Other comprehensive income (loss), before income taxes	3,764	235	10,838	(85)
Reversal of income tax expense related to items of other comprehensive income	3,126	0	0	0
Other comprehensive income (loss)	6,890	235	10,838	(85)
Comprehensive income	64,311	43,723	39,345	41,800
Less: Comprehensive loss attributable to noncontrolling interests	(305)		(593)
Comprehensive income attributable to The Madison Square Garden Company’s stockholders	$ 64,616	$ 43,723	$ 39,938	$ 41,800

Consolidated and Combined Stat7

Consolidated and Combined Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net income	$ 28,507	$ 41,885
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	52,076	51,145
Amortization of deferred financing costs	106
Share-based compensation expense	20,098	10,259
Loss (earnings) in equity method investments	2,182	(204)
Impairment of cost method investment	0	4,080
Provision for doubtful accounts	(16)	62
Change in assets and liabilities, net of acquisitions:
Accounts receivable, net	(14,792)	(23,688)
Net related party receivables	2,397	(27,176)
Prepaid expenses and other assets	(1,602)	(29,640)
Accounts payable	12,549	17,126
Net related party payables	996	15,658
Accrued and other liabilities	(31,930)	(8,545)
Deferred revenue	39,047	63,266
Deferred income taxes	314	54
Net cash provided by operating activities	109,932	114,282
Cash flows from investing activities:
Capital expenditures, net of acquisitions	(21,766)	(59,681)
Payments for acquisition of assets	(1,000)	(2,000)
Payments to acquire available-for-sale securities	(23,222)	0
Payments for acquisition of a business, net of cash acquired	(13,468)	0
Investments and loans to nonconsolidated affiliates	(3,235)	(18,492)
Capital distribution from equity method investments	0	1,043
Net cash used in investing activities	(62,691)	(79,130)
Cash flows from financing activities:
Net transfers from MSG Networks and MSG Networks’ subsidiaries		1,525,241
Repurchases of common stock	(72,277)	(15,716)
Proceeds from Stock Options Exercised	7	57
Taxes paid in lieu of shares issued for equity-based compensation	(7,034)	(48)
Payments for financing costs	(1,909)
Net cash provided by (used in) financing activities	(81,213)	1,509,534
Cash and Cash Equivalents, Period Increase (Decrease)	(33,972)	1,544,686
Cash and cash equivalents at beginning of period	1,444,317	14,211
Cash and cash equivalents at end of period	1,410,345	1,558,897
Non-cash investing and financing activities:
Investments and loans to nonconsolidated affiliates	322	2,052
Capital expenditures incurred but not yet paid	$ 2,961	1,617
Non-cash transfers resulting from the Distribution, net		$ (2,500)

Consolidated and Combined Stat8

Consolidated and Combined Statements Of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock Issued [Member]	MSG Networks' Investment [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total The Madison Square Garden Company Stockholders' Equity [Member]	Noncontrolling Interest [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2015	$ 1,223,275		$ 1,263,490				$ (40,215)	$ 1,223,275
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to parent	41,885		(1,603)			$ 43,488		41,885
Net loss including portion attributable to noncontrolling interests	41,885
Other Comprehensive Income (Loss), Net of Tax	(85)						(85)	(85)
Comprehensive income (loss) attributable to parent	41,800							41,800
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	41,800
Stock Issued During Period, Value, Stock Options Exercised	57			$ 57				57
Share-based compensation	7,208			7,208				7,208
Tax withholding associated with shares issued for equity-based compensation	(48)			(48)				(48)
Repurchases of common stock	(15,716)				$ (15,716)			(15,716)
Net increase in MSG Networks’ investment	1,525,982		1,525,982					1,525,982
Conversion of MSG Networks’ investment	0	$ 249	(2,787,869)	2,787,620				0
Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Distribution	5,896							5,896
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2015	2,788,454	249	0	2,794,837	(15,716)	43,488	(34,404)	2,788,454
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2016	2,586,421	249		2,806,352	(101,882)	(75,687)	(42,611)	2,586,421
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to parent	29,100		$ 29,100					29,100
Net Income (loss) attributable to noncontrolling interests	(593)
Net loss including portion attributable to noncontrolling interests	28,507
Other Comprehensive Income (Loss), Net of Tax	10,838						10,838	10,838
Comprehensive income (loss) attributable to parent	39,938							39,938
Comprehensive income (loss) attributable to noncontrolling interests	(593)								$ (593)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	39,345
Stock Issued During Period, Value, Stock Options Exercised	7			(39)	46			7
Share-based compensation	20,175			20,175				20,175
Tax withholding associated with shares issued for equity-based compensation	(7,034)			(5,702)	(1,332)			(7,034)
Common stock issued under stock incentive plans	0			(8,630)	8,630			0
Repurchases of common stock	(72,277)				(72,277)			(72,277)
Noncontrolling interests from acquisition	11,394								11,394
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2016	$ 2,578,031	$ 249		$ 2,812,156	$ (166,815)	$ (46,587)	$ (31,773)	$ 2,567,230	$ 10,801

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended
	Dec. 31, 2016
Description of Business And Basis of Presentation [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business The Madison Square Garden Company (together with its subsidiaries, the “Company” or “ Madison Square Garden ”) is a live sports and entertainment business. The Company classifies its business interests into two reportable segments: MSG Entertainment and MSG Sports. MSG Entertainment includes live entertainment events such as concerts, family shows, performing arts and special events, which are presented or hosted in the Company’s diverse collection of venues. MSG Entertainment also includes the Company's original productions — Christmas Spectacular Starring the Radio City Rockettes (“ Christmas Spectacular ”) and New York Spectacular Starring the Radio City Rockettes (“ New York Spectacular ”) — as well as Boston Calling Events LLC, the live events production company that owns and operates the Boston Calling Music Festival. MSG Sports includes the Company’s professional sports franchises: the New York Knicks (the “ Knicks ”) of the National Basketball Association (the “ NBA ”), the New York Rangers (the “ Rangers ”) of the National Hockey League (the “ NHL ”), the New York Liberty (the “ Liberty ”) of the Women’s National Basketball Association (the “ WNBA ”), the Hartford Wolf Pack of the American Hockey League (the “ AHL ”) and the Westchester Knicks of the NBA Development League (the “ NBADL ”). The MSG Sports segment is also home to a broad array of other live sporting events, including professional boxing, college basketball, professional bull riding, mixed martial arts, tennis and college wrestling, all of which the Company promotes, produces and/or presents. The Company conducts a significant portion of its operations at venues that it either owns or operates under long-term leases. The Company owns the Madison Square Garden Arena (“ The Garden ”) and The Theater at Madison Square Garden in New York City, the Forum in Inglewood, CA and The Chicago Theatre in Chicago. In addition, the Company leases Radio City Music Hall and the Beacon Theatre in New York City, and has a booking agreement with respect to the Wang Theatre in Boston. The Company was incorporated on March 4, 2015 as an indirect, wholly-owned subsidiary of MSG Networks Inc. (“ MSG Networks ” or “ Former Parent ”), formerly known as The Madison Square Garden Company. On September 11, 2015, MSG Networks ’ board of directors approved the distribution of all the outstanding common stock of Madison Square Garden to MSG Networks’ shareholders (the “ Distribution ”), which occurred on September 30, 2015. See Note 1 to the consolidated and combined financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2016 for more information regarding the Distribution to its common stockholders. Basis of Presentation The accompanying unaudited consolidated and combined interim financial statements (referred to as the “Financial Statements” herein) have been prepared in accordance with U.S. generally accepted accounting principles (“ GAAP ”) and Article 10 of Regulation S-X of the U.S. Securities and Exchange Commission for interim financial information, and should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2016 . The Financial Statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, the Financial Statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for the periods presented are not necessarily indicative of the results that might be expected for future interim periods or for the full year. The dependence of the MSG Sports segment on revenues from its NBA and NHL sports teams generally means it earns a disproportionate share of its revenues in the second and third quarters of the Company's fiscal year. The dependence of the MSG Entertainment segment on revenues from the Christmas Spectacular generally means it earns a disproportionate share of its revenues in the second quarter of the Company’s fiscal year. For the periods after the Distribution, the financial information disclosed is presented on a consolidated basis, as the Company became a standalone public company on September 30, 2015. For the periods prior to the Distribution, the financial information was prepared on a standalone basis derived from the consolidated financial statements and accounting records of Former Parent and are presented as carve-out financial statements as the Company was not a standalone public company prior to the Distribution. See Note 1 to the consolidated and combined financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2016 for more information regarding the basis of presentation for periods before and after the Distribution. The combined results of operations for the three months ended September 30, 2015 that is included in the results of operations for the six months ended December 31, 2015 include allocations for certain support functions that were provided on a centralized basis by MSG Networks and not historically recorded at the business unit level, such as expenses related to finance, human resources, information technology, and venue operations , among others. These expenses were allocated on the basis of direct usage when identifiable, with the remainder allocated on a pro-rata basis of combined revenues, headcount or other measures. Management believes the assumptions underlying the combined financial statements, including the assumptions regarding allocating general corporate expenses, are reasonable. Nevertheless, the results of operations for the three months ended September 30, 2015 that are included in the combined financial statements for the six months ended December 31, 2015 do not include all of the actual expenses that would have been incurred by the Company and do not reflect its combined results of operations, financial position and cash flows had it been a separate, standalone public company during the period presented on a combined basis. Actual costs that would have been incurred if the Company had been a separate, standalone public company would depend on multiple factors, including organizational structure and strategic decisions made in various areas, including information technology and infrastructure. For purposes of the combined financial statements, income tax expense has been recorded as if the Company filed tax returns on a standalone basis separate from Former Parent. This separate return methodology applies to accounting guidance for income taxes in the combined financial statements as if the Company was a standalone public company for the periods prior to the Distribution. Therefore, cash tax payments and items of current and deferred taxes may not be reflective of the Company’s actual tax balances prior to or subsequent to the Distribution. Prior to the Distribution, the Company's operating results were included in Former Parent’s consolidated U.S. federal and state income tax returns. Pursuant to rules promulgated by the Internal Revenue Service and various state taxing authorities, the Company expects to file its initial U.S. income tax return for the period from October 1, 2015 through June 30, 2016. The calculation of the Company’s income taxes involves considerable judgment and use of both estimates and allocations.

Accounting Policies

Accounting Policies	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Accounting Policies Principles of Consolidation and Combination For the periods prior to the Distribution, the financial statements include certain assets and liabilities that were historically held at Former Parent’s corporate level but were specifically identifiable or otherwise attributable to the Company. All intercompany transactions between the Company and Former Parent have been included in the combined financial statements as components of MSG Networks’ investment. All significant intracompany transactions and accounts within the Company's consolidated and combined financial statements have been eliminated. Expenses related to corporate allocations prior to the Distribution were considered to be effectively settled in the combined financial statements at the time the transaction was recorded, with the offset recorded against MSG Networks’ investment. Use of Estimates The preparation of the accompanying Financial Statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, investments, goodwill, intangible assets, other long-lived assets, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, revenue sharing expense (net of escrow), luxury tax expense, income tax expense, performance and share-based compensation, depreciation and amortization, reserve and recovery for contingencies, litigation matters and other matters, as well as in the valuation of contingent consideration and noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the Financial Statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods. Summary of Significant Accounting Policies The following is an update to the Company's Summary of Significant Accounting Policies disclosed in its Annual Report on Form 10-K for the year ended June 30, 2016 : Business Combinations The acquisition method of accounting for business combinations requires management to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which the Company is allowed to adjust the provisional amounts recognized for a business combination). Under the acquisition method of accounting, the Company recognizes separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. The Company measures goodwill as of the acquisition date as the excess of consideration transferred, which is also measured at fair value if the consideration is non-cash, over the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed. Costs that the Company incurs to complete a business combination such as investment banking, legal and other professional fees are not considered part of consideration and the Company charges these costs to selling, general and administrative expense as they are incurred. In addition, the Company recognizes measurement-period adjustments in the period in which the amount is determined, including the effect on earnings of any amounts the Company would have recorded in previous periods if the accounting had been completed at the acquisition date. On July 1, 2016, the Company acquired a controlling interest in Boston Calling Events LLC (“ BCE ”). In accordance with Accounting Standards Codification (“ ASC ”) Topic 805, Business Combinations , and ASC Topic 810, Consolidation , the financial position of BCE has been consolidated to the Company’s consolidated balance sheet as of December 31, 2016 . The results of operations for BCE have been included in the Company’s consolidated results of operations from the date of acquisition in the MSG Entertainment segment. The relevant amounts attributable to investors other than the Company are reflected under “Noncontrolling interests” and “Net income (loss) attributable to noncontrolling interests” on the accompanying consolidated balance sheet and consolidated statement of operations, respectively. See Note 3 for more information regarding the Company’s acquisition of BCE . Revenue Recognition Deferred revenue reported in the accompanying consolidated balance sheets as of December 31, 2016 and June 30, 2016 includes amounts due to the third-party promoters of $48,458 and $45,877 , respectively. Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In February 2015, the Financial Accounting Standards Board (“ FASB ”) issued Accounting Standards Update (“ ASU ”) No. 2015-02 , Consolidation (Topic 810): Amendments to the Consolidation Analysis , which changes the analysis to be performed in determining whether certain types of legal entities should be consolidated. Specifically, ASU No. 2015-02 (i) modifies the assessment of whether limited partnerships are variable interest entities (each a “ VIE ”) or voting interest entities, (ii) eliminates the presumption that a limited partnership should be consolidated by its general partner, (iii) removes certain conditions for the evaluation of whether a fee paid to a decision maker constitutes a variable interest, and (iv) modifies the evaluation concerning the impact of related parties in the determination of the primary beneficiary of a VIE . This standard was adopted by the Company in the first quarter of fiscal year 2017. The adoption of the standard did not have an impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract and expense the cost as the services are received. This standard was adopted by the Company in the first quarter of fiscal year 2017 on a prospective basis for all arrangements entered into or materially modified after July 1, 2016. The adoption of the standard did not have an impact on the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ( Topic 606 ) , which supersedes the revenue recognition requirements in FASB ASC Topic 605, Revenue Recognition . ASC Topic 606 , among other things, (i) is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange f or those goods or services, and (ii) requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued ASU No. 2015-14 , Revenue from Contracts with Customers (Topic 606) : Deferral of the Effective Date , which defers the effective date of ASU No. 2014-09 for all entities by one year. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net) , which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard under ASU No. 2014-09. ASU No. 2016-08 clarifies how an entity should identify the unit of accounting (i.e. the specified good or service) for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing , which clarifies the principle in ASU No 2014-09 for determining whether a good or service is separately identifiable from other promises in the contract and, therefore, should be accounted for separately. ASU No. 2016-10 also clarifies that entities are not required to identify promised goods or services that are immaterial in the context of the contract and allows entities to elect to account for shipping and handling activities as a fulfillment cost rather than as an additional promised service. In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606) - Narrow-Scope Improvements and Practical Expedients , which clarifies the following aspects in ASU No. 2014-09: collectability, presentation of sales taxes and other similar taxes collected from customers, noncash considerations, contract modifications at transition, completed contracts at transition, and technical correction. In December, the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , which allows entities not to make quantitative disclosures about remaining performance obligations in certain cases and requires entities that use any of the new or previously existing optional exemptions to expand their qualitative disclosures. Early adoption of ASC Topic 606 and the related updates discussed above is permitted and the Company can early adopt ASC Topic 606 and the related updates beginning in the first quarter of fiscal year 2018. If the Company does not apply the early adoption provision, ASC Topic 606 and the related updates will be effective for the Company beginning in the first quarter of fiscal year 2019 using one of two retrospective application methods. The Company is currently evaluating the impact the standard and updates will have on its consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This standard, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income and (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. Early adoption is not permitted with the exception of certain provisions related to the presentation of other comprehensive income. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 , Leases (Topic 842) , which supersedes existing guidance on accounting for leases in FASB ASC Topic 840, Leases . ASU No. 2016-02 , among other things, (i) requires lessees to account for leases as either finance leases or operating leases and generally requires all leases to be recorded on the balance sheet, including those leases classified as operating leases under previous accounting guidance, through the recognition of right-of-use assets and corresponding lease liabilities, and (ii) requires extensive qualitative and quantitative disclosures about leasing activities. The accounting applied by a lessor is largely unchanged from that applied under previous accounting guidance. This standard will be effective for the Company beginning in the first quarter of fiscal year 2020 and is required to be applied using the modified retrospective approach for all leases existing as of the effective date. Early adoption is permitted. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-07, Investments - Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting . ASU No. 2016-07 eliminates the requirement for an investor to retrospectively apply the equity method when an investment that it had accounted for by another method qualifies for use of the equity method. This standard will be effective for the Company beginning in the first quarter of fiscal year 2018 and is required to be applied prospectively. Early adoption is permitted. The adoption of this guidance is not expected to have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-based Payment Accounting . ASU No. 2016-09, among other things, (i) requires the income tax effects of all awards to be recognized in the statement of operations when the awards vest or are settled, (ii) allows an employer to repurchase more of an employee’s shares for tax withholding purposes than currently allowable, without triggering liability accounting, and provides companies with the option to make a policy election to account for forfeitures as they occur, and (iii) requires companies to present excess tax benefits as operating activity rather than as financing activity on the statement of cash flows. This standard will be effective for the Company beginning in the first quarter of fiscal year 2018. Early adoption is permitted. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230). ASU No. 2016-15 addresses eight specific cash flow issues and is intended to reduce diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory . ASU No. 2016-16 requires entities to recognize income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019. Early adoption is permitted as of the beginning of an annual reporting period for which financial statements have not been issued or made available for issuance. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows: Restricted Cash . The primary purpose of ASU No. 2016-18 is to reduce the diversity in practice that exists in the classification and presentation of changes in restricted cash on the statement of cash flows. This standard will require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This standard will be effective retrospectively for the Company beginning in the first quarter of fiscal year 2019. Early adoption is permitted in any interim or annual period. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business . The primary purpose of this ASU is to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses, which will affect many areas of accounting including acquisitions, disposals, goodwill, and consolidation. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019 and is required to be applied prospectively. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. ASU No. 2017-04 removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021 is required to be applied prospectively. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact this standard will have on its consolidated financial statements.

Acquisitions

Acquisitions	6 Months Ended
	Dec. 31, 2016
Acquisitions [Abstract]
Business Combination Disclosure [Text Block]	Acquisitions BCE Acquisition On July 1, 2016, in connection with the Company’s strategy to broaden its live experience offerings, the Company acquired a controlling interest in BCE , the live events production company that owns and operates the Boston Calling Music Festival. The Company acquired net tangible assets of $2,221 . In addition, based on the purchase price allocation, the Company recognized $11,800 of amortizable intangible assets and $12,538 of goodwill. See Note 7 for more information regarding the intangible assets and goodwill recognized in this acquisition. The estimated fair value of the noncontrolling interest of $11,394 was based on the present value of future cash flows, adjusted for the lack of control and lack of marketability associated with the noncontrolling interests and was classified within Level III of the fair value hierarchy as they were valued using unobservable inputs. An additional escrow payment in the amount of $1,750 was made for potential earn-out. The amounts of revenue and earnings of BCE since the acquisition date included in the Company’s consolidated statement of operations for the reporting period were not material. Pro forma information is not provided since the acquisition was not material when compared with the Company’s consolidated financial statements. Investment in Townsquare Media, Inc. On August 16, 2016, the Company acquired 3,208 shares, or approximately 12% , of the common stock of Townsquare Media, Inc. (“ Townsquare ”) for approximately $23,099 in cash. Townsquare is a leading media, entertainment and digital marking solutions company that is listed on the New York Stock Exchange under the symbol “TSQ.” This investment is reported in the accompanying consolidated balance sheet as of December 31, 2016 in other assets, and is classified as available-for-sale securities in accordance with ASC Topic 320, Investments — Debt and Equity Securities . Investments in available-for-sale securities are carried at fair market value with the unrealized gains and losses, net of tax, included in the determination of comprehensive income (loss) and reported in stockholders’ equity. See Note 9 for more information on the fair value of the investment in Townsquare. TAO Group Acquisition On January 31, 2017 , in connection with the Company’s strategy to broaden its portfolio of live offerings, the Company entered into a transaction agreement pursuant to which it acquired a 62.5% common equity interest and a preferred equity interest in TAO Group Holdings LLC (“ TAOH ”), which indirectly owns all of the equity of TAO Group Operating LLC (“ TAOG ”). TAOG is engaged in the management and operation of restaurants and nightclubs in Las Vegas, New York City and Australia (with venues under contract which are expected to open in Los Angeles, Chicago and Singapore in the coming years). The Company paid approximately $181,000 , subject to customary purchase price adjustments, and $8,700 to acquire preferred equity in TAOH . In addition, the Company will be responsible to pay an earn-out of up to $25,500 , if certain performance conditions based upon earnings growth are met during the first five years following the transaction. The transaction assumed an estimated enterprise value of TAOG of approximately $400,000 , which excludes the potential earn-out amount discussed above. The purchase price allocation has not been completed as of the date of this filing pending the valuation of assets acquired and liabilities assumed. As a result, the Company is unable to provide amounts recognized as of the acquisition date for major classes of assets acquired and liabilities assumed, including goodwill and intangible assets. Furthermore, the Company is unable to provide the supplemental pro forma revenue and net income of the combined entity, as some of the pro forma adjustments are dependent upon the purchase price allocation. The Company will include this information in the quarterly report on Form 10-Q for the quarter ended March 31, 2017. In addition, in connection with this transaction, TAO Group Intermediate Holdings LLC (“ TAOIH ”), a subsidiary of TAOH , TAOG and certain of its subsidiaries obtained a five -year term senior secured term loan facility of $110,000 from a third party group of lenders to fund the acquisition of the TAOH and a senior secured revolving credit facility of up to $12,000 with a term of five years for working capital and general corporate purposes of TAOG . These credit facilities are provided without recourse to the Company or any of its affiliates (other than TAOIH and its subsidiaries). See Note 10 for more information regarding these credit facilities.

Computation of Earnings (loss)

Computation of Earnings (loss) per Common Share	6 Months Ended
	Dec. 31, 2016
Computation of Earnings (loss) per Common Share [Abstract]
Earnings Per Share [Text Block]	Computation of Earnings (Loss) per Common Share The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings per common share (“EPS”). Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Weighted-average shares for basic EPS 23,971 24,971 24,013 24,949 Dilutive effect of shares issuable under share-based compensation plans 172 84 179 82 Weighted-average shares for diluted EPS 24,143 25,055 24,192 25,031 Anti-dilutive shares 7 4 6 2

Team Personnel Transactions

Team Personnel Transactions	6 Months Ended
	Dec. 31, 2016
Team Personnel Transactions And Insurance Recoveries [Abstract]
Team Personnel Transactions and Insurance Recoveries	Team Personnel Transactions Direct operating expenses in the accompanying consolidated statement of operations include provisions for transactions relating to a player trade and player waiver/contract termination costs (“ Team Personnel Transactions ”). Team Personnel Transactions were $980 and $5,990 for the three and six months ended December 31, 2016 , respectively.

Investments and Loans to Noncon

Investments and Loans to Nonconsolidated Affiliates	6 Months Ended
	Dec. 31, 2016
Equity Method Investments, Joint Ventures and Cost Method Investments [Abstract]
Cost and Equity Method Investments Disclosure [Text Block]	Investments and Loans to Nonconsolidated Affiliates The Company’s investments and loans to nonconsolidated affiliates which are accounted for under equity method and cost method of accounting in accordance with ASC Topic 323, Investments - Equity Method and Joint Ventures , and ASC Topic 325, Investments - Other , respectively, consisted of the following: Ownership Percentage Investment Loan Total December 31, 2016 Equity method investments: Azoff MSG Entertainment LLC (“AMSGE”) 50 % $ 108,194 $ 97,500 $ 205,694 Brooklyn Bowl Las Vegas, LLC (“BBLV”) (a) — 2,662 (b) 2,662 Tribeca Enterprises LLC (“Tribeca Enterprises”) 50 % 15,770 13,951 (c) 29,721 Fuse Media LLC (“Fuse Media”) 15 % 20,631 — 20,631 Cost method investments 4,098 1,678 5,776 Total investments and loans to nonconsolidated affiliates $ 148,693 $ 115,791 $ 264,484 June 30, 2016 Equity method investments: AMSGE 50 % $ 112,147 $ 97,500 $ 209,647 BBLV (a) — 2,662 (b) 2,662 Tribeca Enterprises 50 % 13,736 10,395 (c) 24,131 Fuse Media 15 % 21,634 — 21,634 Cost method investments 3,794 1,678 5,472 Total investments and loans to nonconsolidated affiliates $ 151,311 $ 112,235 $ 263,546 _________________ (a) The Company is entitled to receive back its capital, which was 74% of BBLV’s total capital as of December 31, 2016 and June 30, 2016 , plus a preferred return, after which the Company would own a 20% interest in BBLV. (b) Represents outstanding loan balance, inclusive of amounts due to the Company for interest of $62 as of December 31, 2016 and June 30, 2016 . (c) Includes outstanding payments-in-kind (“ PIK ”) interest of $451 and $95 as of December 31, 2016 and June 30, 2016 , respectively. PIK interest owed does not reduce availability under the revolving credit facility. As a result of certain legal and regulatory actions against one of the Company’s cost method investments, the Company evaluated whether or not an other-than-temporary impairment of this cost method investment had occurred as of December 31, 2015. This evaluation resulted in the Company recording a pre-tax non-cash impairment charge of $4,080 to partially write down the carrying value of its cost method investment, which is reflected in miscellaneous expense in the accompanying consolidated and combined statements of operations for the three and six months ended December 31, 2015 . See Note 8 for more information regarding a legal matter related to a company with its majority interest owned by AMSGE.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets	Goodwill and Intangible Assets The carrying amounts of goodwill , by reportable segment, as of December 31, 2016 and June 30, 2016 are as follows: December 31, June 30, MSG Entertainment $ 71,517 $ 58,979 MSG Sports 218,187 218,187 $ 289,704 $ 277,166 During the first quarter of fiscal year 2017, the Company performed its annual impairment test of goodwill and determined that there were no impairments of goodwill identified for either of its reporting units . The increase in the carrying amount of goodwill , as compared to June 30, 2016 , in the MSG Entertainment segment was due to the purchase price allocation for the BCE acquisition during the first quarter of fiscal year 2017. The goodwill that arose from this acquisition was valued using unobservable inputs within Level III of the fair value hierarchy, primarily from utilizing the discounted cash flow model, which is an income-based approach that allocates to goodwill any acquisition costs not specifically assigned to intangibles, fixed assets or working capital. Goodwill recognized in this acquisition is expected to be deductible for tax purposes. See Note 3 for more information on the allocation of the purchase price and goodwill recognized. The Company’s indefinite-lived intangible assets as of December 31, 2016 and June 30, 2016 are as follows: Sports franchises (MSG Sports segment) $ 101,429 Trademarks (MSG Entertainment segment) 62,421 Photographic related rights (MSG Sports segment) 3,000 $ 166,850 During the first quarter of fiscal year 2017, the Company performed its annual impairment test of identifiable indefinite-lived intangible assets and determined that there were no impairments identified. The Company’s intangible assets subject to amortization are as follows: December 31, 2016 Gross Accumulated Amortization Net Season ticket holder relationships $ 73,124 $ (61,808 ) $ 11,316 Other intangibles 16,017 (3,036 ) 12,981 $ 89,141 $ (64,844 ) $ 24,297 June 30, 2016 Gross Accumulated Amortization Net Season ticket holder relationships $ 73,124 $ (59,178 ) $ 13,946 Other intangibles 4,217 (2,434 ) 1,783 $ 77,341 $ (61,612 ) $ 15,729 The increase in gross carrying amount of other intangibles, as compared to June 30, 2016 , was due to the purchase price allocation for the BCE acquisition during the first quarter of fiscal year 2017. Other amortizable intangible assets acquired from this acquisition include festival rights and a tradename with useful lives ranging from 5 to 15 years. Other amortizable intangible assets acquired were valued using unobservable inputs within Level III of the fair value hierarchy, primarily from utilizing the discounted cash flow models and relief-from-royalty approach. See Note 3 for more information on the allocation of the purchase price and intangible assets recognized. Amortization expense for intangible assets was $1,616 and $1,734 for the three months ended December 31, 2016 and 2015 , respectively. For the six months ended December 31, 2016 and 2015 , amortization expense for intangible assets was $3,232 and $3,469 , respectively.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	Commitments and Contingencies Commitments As more fully described in Note 7 to the consolidated and combined financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2016 , the Company’s commitments consist primarily of (i) the MSG Sports segment’s obligations under employment agreements that the Company has with its professional sports teams’ personnel that are generally guaranteed regardless of employee injury or termination, (ii) long-term noncancelable operating lease agreements primarily for entertainment venues and office and storage space, and (iii) revolving credit facilities provided by the Company to AMSGE and Tribeca Enterprises (see Note 6 ). Contingencies On November 22, 2016, the Company announced that it was notifying customers that it had identified and has addressed a payment card issue that affected cards used at merchandise and food and beverage locations at several of the Company’s New York and Chicago venues. After being notified of a transaction pattern indicating a potential data security concern, the Company commenced an investigation and engaged leading computer security firms to examine its network. The Company, working with security firms, promptly fixed the issue and implemented enhanced security measures. The Company has incurred and expects to incur expenses associated with the payment card incident and will continue to recognize those expenses as incurred. Such expenses were recognized in selling, general and administrative expenses in the accompanying consolidated and combined statements of operations for the three and six months ended December 31, 2016. Payment card networks may demand that the Company pay certain fees and assessments designed to reimburse payment card issuers. During the second quarter of fiscal year 2017, the Company recorded a contingent liability equal to the currently estimable future payments and a receivable in the same amount reflecting probable insurance recoveries, which are reported in other accrued liabilities and other current assets, respectively, in the accompanying consolidated balance sheet as of December 31, 2016. The Company cannot currently reasonably estimate the remaining amount that may be payable to the card companies and associations in connection with the incident. Although the Company expects its insurance coverage will offset most, if not all, of the expenses associated with the incident, the incident could have a material adverse impact on the Company’s operating results for a future quarter. Legal Matters The Company owns 50% of Azoff MSG Entertainment LLC, which in turn owns a majority interest in Global Music Rights, LLC (“GMR”). GMR is primarily a performance rights organization, whose business includes obtaining the right to license the public performance rights of songs composed by leading songwriters to digital and terrestrial radio and other outlets. GMR has been negotiating licensing terms with radio stations and station groups represented by the Radio Music Licensing Committee (“RMLC”), which acts for and on behalf of over 10,000 commercial radio stations. On November 18, 2016, RMLC filed a complaint against GMR in the United States District Court for the Eastern District of Pennsylvania asserting that GMR is violating Section 2 of the Sherman Antitrust Act and seeking an injunction, requiring, among other things, that GMR issue radio stations licenses for GMR’s repertory, upon request, at a rate set through a judicial rate-making procedure, that GMR offer “economically viable alternatives to blanket licenses,” and that GMR offer only licenses that include GMR’s entire repertory. GMR and RLMC agreed to an interim license arrangement through September 30, 2017, which radio stations may elect to join on or before January 31, 2017. GMR has advised the Company that it believes that the RMLC Complaint is without merit and is vigorously defending itself. On January 20, 2017, GMR filed a motion to dismiss or to transfer venue, asserting that the Eastern District of Pennsylvania is not a proper venue for the matter, lacks personal jurisdiction of GMR and that in any event the Complaint fails to state a claim. In addition, on December 6, 2016, GMR filed a complaint against RMLC in the United States District Court for the Central District of California, alleging that RMLC operates as an illegal cartel that unreasonably restrains trade in violation of Section 1 of the Sherman Antitrust Act and California state law, and seeking an injunction restraining RMLC and its co-conspirators from enforcing or establishing agreements that unreasonably restrict competition for copyright licenses. The Company is a defendant in various other lawsuits. Although the outcome of these other lawsuits cannot be predicted with certainty, management does not believe that resolution of these other lawsuits will have a material adverse effect on the Company.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table presents for each of these hierarchy levels, the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents, marketable securities and available-for-sale securities: Fair Value Hierarchy December 31, June 30, Assets: Commercial Paper I $ 73,472 $ 79,968 Money market accounts I 139,543 159,881 Time deposits I 1,192,450 1,202,681 Marketable securities I — 787 Available-for-sale securities I 33,397 — Total assets measured at fair value $ 1,438,862 $ 1,443,317 All assets listed above are classified within Level 1 of the fair value hierarchy as they are valued using observable inputs that reflect quoted prices for identical assets in active markets. The carrying amounts of the Company’s commercial paper, money market accounts and time deposits approximate fair value due to their short-term maturities. The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheet are as follows: December 31, 2016 June 30, 2016 Carrying Value Fair Value Carrying Fair Notes receivable, including interest accruals $ 7,090 $ 7,090 $ 7,090 $ 7,090 Marketable securities — — 787 787 Available-for-sale securities (a) 33,397 33,397 — — _________________ (a) Aggregate cost basis for available-for-sale securities, including transaction costs, was $23,222 as of December 31, 2016 . The unrealized gain recorded in accumulated other comprehensive income was $10,175 as of December 31, 2016 .

Credit Facilities

Credit Facilities	6 Months Ended
	Dec. 31, 2016
Credit Facilities [Abstract]
Credit Facilities	Credit Facilities Knicks Revolving Credit Facility On September 30, 2016, New York Knicks, LLC (“ Knicks LLC ”), a wholly owned subsidiary of the Company, entered into a credit agreement (the “ Knicks Credit Agreement ”) with a syndicate of lenders providing for a senior secured revolving credit facility of up to $200,000 with a term of five years (the “ Knicks Revolving Credit Facility ”) to fund working capital needs and for general corporate purposes. The Knicks Revolving Credit Facility requires Knicks LLC to comply with a debt service ratio of 1.5:1.0 over a trailing four quarter period . As of December 31, 2016 , Knicks LLC was in compliance with this financial covenant. All borrowings under the Knicks Revolving Credit Facility are subject to the satisfaction of certain customary conditions. Borrowings bear interest at a floating rate, which at the option of Knicks LLC may be either (i) a base rate plus a margin ranging from 0.00% to 0.125% per annum or (ii) LIBOR plus a margin ranging from 1.00% to 1.125% per annum. Knicks LLC is required to pay a commitment fee ranging from 0.20% to 0.25% per annum in respect of the average daily unused commitments under the Knicks Revolving Credit Facility . The Knicks Revolving Credit Facility was undrawn as of December 31, 2016 . All obligations under the Knicks Revolving Credit Facility are secured by a first lien security interest in certain of Knicks LLC’s assets, including, but not limited to, (i) the Knicks LLC’s membership rights in the NBA and (ii) revenues to be paid to the Knicks LLC by the NBA pursuant to certain U.S. national broadcast agreements. Subject to customary notice and minimum amount conditions, Knicks LLC may voluntarily prepay outstanding loans under the Knicks Revolving Credit Facility at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to Eurocurrency loans). Knicks LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the Knicks Revolving Credit Facility is greater than 350% of qualified revenues. In addition to the financial covenant described above, the Knicks Credit Agreement and the related security agreement contain certain customary representations and warranties, affirmative covenants and events of default. The Knicks Revolving Credit Facility contains certain restrictions on the ability of Knicks LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the Knicks Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the Knicks Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any Knicks LLC’s collateral. In connection with the entry into the Knicks Revolving Credit Facility , the Company incurred $2,112 for deferred financing costs, which are being amortized to interest expense over the five-year term of the Knicks Revolving Credit Facility . The amount of deferred financing costs, net of amortization, of $422 and $1,584 were included in other current assets and other assets, respectively, in the accompanying consolidated balance sheet as of December 31, 2016 . Knicks Unsecured Credit Facility On September 30, 2016, Knicks LLC entered into an unsecured revolving credit facility with a lender for an initial maximum credit amount of $15,000 and a one -year term (the “ Knicks Unsecured Credit Facility ”). This facility was undrawn as of December 31, 2016 . Rangers Revolving Credit Facility On January 25, 2017, New York Rangers, LLC (“ Rangers LLC ”), a wholly owned subsidiary of the Company, entered into a credit agreement (the “ Rangers Credit Agreement ”) with a syndicate of lenders providing for a senior secured revolving credit facility of up to $150,000 with a term of five years (the “ Rangers Revolving Credit Facility ”) to fund working capital needs and for general corporate purposes. The Rangers Revolving Credit Facility requires Rangers LLC to comply with a debt service ratio of 1.5:1.0 over a trailing four quarter period . Rangers LLC was in compliance with this financial covenant on the closing date. All borrowings under the Rangers Revolving Credit Facility are subject to the satisfaction of certain customary conditions. Borrowings bear interest at a floating rate, which at the option of Rangers LLC may be either (i) a base rate plus a margin ranging from 0.125% to 0.50% per annum or (ii) LIBOR plus a margin ranging from 1.125% to 1.50% per annum. Rangers LLC is required to pay a commitment fee ranging from 0.375% to 0.625% per annum in respect of the average daily unused commitments under the Rangers Revolving Credit Facility . The Rangers Revolving Credit Facility was undrawn on the closing date. All obligations under the Rangers Revolving Credit Facility are secured by a first lien security interest in certain of Rangers LLC’s assets, including, but not limited to, (i) Rangers LLC’s membership rights in the NHL, (ii) revenues to be paid to Rangers LLC by the NHL pursuant to certain U.S. and Canadian national broadcast agreements, and (iii) revenues to be paid to Rangers LLC pursuant to local media contracts. Subject to customary notice and minimum amount conditions, Rangers LLC may voluntarily prepay outstanding loans under the Rangers Revolving Credit Facility at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to Eurocurrency loans). Rangers LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the Rangers Revolving Credit Facility is less than 17% of qualified revenues. In addition to the financial covenant described above, the Rangers Credit Agreement and the related security agreement contain certain customary representations and warranties, affirmative covenants and events of default. The Rangers Revolving Credit Facility contains certain restrictions on the ability of Rangers LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the Rangers Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the Rangers Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any of Rangers LLC’s assets securing the obligations under the Rangers Revolving Credit Facility. TAO Credit Facilities On January 31, 2017 , TAO Group Intermediate Holdings LLC (“ TAOIH ”), TAO Group Operating LLC (“ TAOG ” ) and certain of its subsidiaries entered into a credit and guaranty agreement with a syndicate of lenders providing for a senior secured term loan facility of $110,000 with a term of five years (the “TAO Term Loan Facility”) to fund, in part, the acquisition of TAOH and a senior secured revolving credit facility of up to $12,000 with a term of five years (the “TAO Revolving Credit Facility,” and together with the TAO Term Loan Facility, the “TAO Credit Facilities”) for working capital and general corporate purposes of TAOG. The TAO Credit Facilities were obtained without recourse to MSG or any of its affiliates (other than TAOIH and its subsidiaries). The TAO Credit Facilities require TAOIH (i) to maintain, for the relevant TAO entities, a minimum consolidated liquidity of $5,000 at all times, (ii) to comply with a maximum total net leverage ratio of 4.00:1.00 initially and stepping down over time to 2.50:1.00 by the first quarter of fiscal year 2021 and through the remainder of the term of the TAO Credit Facilities, and (iii) to comply with a minimum fixed charge coverage ratio of 1.50:1.00 initially and stepping down over time to 1.15:1.00 by the second quarter of fiscal year 2021 and through the remainder of the term of the TAO Credit Facilities. TAOIH was in compliance with these financial covenants on the closing date. The TAO entities under the TAO Credit Facilities are also subject to certain limitations with respect to making capital expenditures based upon the total net leverage ratio and other factors. The restrictions on capital expenditures are subject to certain “carry-forward” provisions and other customary carve-outs. All borrowings under the TAO Credit Facilities are subject to the satisfaction of certain customary conditions, including compliance with a maximum leverage multiple, accuracy of representations and warranties and absence of a default or event of default. Borrowings bear interest at a floating rate, which at the option of TAOG may be either (i) a base rate plus a margin ranging from 6.50% to 7.00% per annum or (ii) LIBOR plus a margin ranging from 7.50% to 8.00% per annum. TAOG is required to pay a commitment fee of 0.50% per annum in respect of the average daily unused commitments under the TAO Revolving Credit Facility. All obligations under the TAO Credit Facilities are secured by a first lien security interest in substantially all of the applicable TAO entities’ assets, including, but not limited to, a pledge of all of the capital stock of substantially all of TAOIH’s wholly-owned domestic subsidiaries and 65% of the voting capital stock, and 100% of the non-voting capital stock, of each of its first-tier foreign subsidiaries. Subject to customary notice and minimum amount conditions, TAOG may voluntarily prepay outstanding loans under the TAO Credit Facilities at any time, in whole or in part (subject to customary breakage costs with respect to LIBOR loans) with premiums due in respect of prepayments of the TAO Term Loan Facility or permanent reduction under the TAO Revolving Credit Facility, in each case, starting at 5.0% initially and stepping down to 0% after three years. TAOG is required to make scheduled amortization payments under the TAO Term Loan Facility in consecutive quarterly installments equal to $687.5 per quarter initially and stepping up over time to $4,125 per quarter commencing March 31, 2021 through the final maturity date of the TAO Term Loan Facility with the final balance payable on such maturity date. TAOG is also required to make mandatory prepayments under the TAO Credit Facilities in certain circumstances, including, without limitation, 75% of excess cash flow, with a step-down to 50% when the total net leverage ratio is less than 2.00:1.00. The TAO Credit Facilities contain certain restrictions on the ability of TAOG to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the TAO Credit Facilities, including, without limitation, the following: (i) incurring additional indebtedness; (ii) creating liens on assets; (iii) making distributions, dividends and other restricted payments; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; (vi) making investments; and (vii) prepaying certain indebtedness.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Accumulated Other Comprehensive Income (Loss) The following table details the components of accumulated other comprehensive income (loss): Pension Plans and Postretirement Plan (a) Unrealized Gain on Available-for-sale Securities Accumulated Other Comprehensive Income (Loss) Balance as of June 30, 2016 $ (42,611 ) $ — $ (42,611 ) Other comprehensive income before reclassifications, before income taxes — 10,175 10,175 Amounts reclassified from accumulated other comprehensive loss, before income taxes 663 — 663 Other comprehensive income 663 10,175 10,838 Balance as of December 31, 2016 $ (41,948 ) $ 10,175 $ (31,773 ) Balance as of June 30, 2015 $ (40,215 ) $ — $ (40,215 ) Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Distribution 5,896 — 5,896 Other comprehensive loss before reclassifications, before income taxes (602 ) — (602 ) Amounts reclassified from accumulated other comprehensive loss, before income taxes 517 — 517 Other comprehensive loss (85 ) — (85 ) Balance as of December 31, 2015 $ (34,404 ) $ — $ (34,404 ) ________________ (a) Amounts reclassified from accumulated other comprehensive loss, before income taxes, represent amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected in direct operating expenses and selling, general and administrative expenses in the accompanying consolidated and combined statements of operations (see Note 12 ).

Pension Plans and Other Postret

Pension Plans and Other Postretirement Benefit Plan	6 Months Ended
	Dec. 31, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Pension Plans And Other Postretirement Benefit Plan	Pension Plans and Other Postretirement Benefit Plan See Note 9 to the consolidated and combined financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2016 for more information regarding the Company’s defined benefits pension plans (“Pension Plans”) and postretirement benefit plan (“Postretirement Plan”) as well as the treatment of the Pension Plans and Postretirement Plan before and after the Distribution. Components of net periodic benefit cost for the Pension Plans and Postretirement Plan recognized in direct operating expenses and selling, general and administrative expenses in the accompanying consolidated and combined statements of operations for the three and six months ended December 31, 2016 and 2015 are as follows: Pension Plans Postretirement Plan Three Months Ended Three Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost (a) $ 23 $ 1,502 $ 34 $ 32 Interest cost (a) 1,240 1,680 40 58 Expected return on plan assets (596 ) (740 ) — — Recognized actuarial loss 344 255 — — Amortization of unrecognized prior service credit — — (13 ) (20 ) Net periodic benefit cost $ 1,011 $ 2,697 $ 61 $ 70 Pension Plans Postretirement Plan Six Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost (a) $ 46 $ 3,014 $ 68 $ 82 Interest cost (a) 2,480 3,609 81 149 Expected return on plan assets (1,192 ) (1,480 ) — — Recognized actuarial loss 688 554 — — Amortization of unrecognized prior service cost (credit) — 14 (25 ) (51 ) Net periodic benefit cost $ 2,022 $ 5,711 $ 124 $ 180 _________________ (a) Effective July 1, 2016, the Company changed the approach used to measure service and interest cost components of net periodic benefit costs for Pension Plans and Postretirement Plan. Previously, the Company measured service and interest costs utilizing a single weighted-average discount rate derived from the yield curve used to measure the plans’ obligations. Beginning fiscal year 2017, the Company elected to measure service and interest costs by applying the specific spot rates along that yield curve to the plans’ liability cash flows (“Spot Rate Approach”). The Company believes the Spot Rate Approach provides a more precise measurement of service and interest costs by improving the correlation between projected benefit cash flows and their corresponding spot rates on the yield curve. This change does not affect the measurement of the plans’ obligations and it is accounted for as a change in accounting estimate, which is applied prospectively. This change in estimate reduced the Company’ s pension and postretirement net periodic cost by approximately $290 and $580 for the three and six months ended December 31, 2016 , respectively, relative to the estimated pension expense had the Company not changed the approach. The net periodic benefit cost for the Pension Plans for the three months ended September 30, 2015 that is included in the six months ended December 31, 2015 reported in the table above includes $485 of expenses related to MSG Networks’ employees, representing the contributory charge from the Company to MSG Networks for participation in the Pension Plans. In addition, for the three months ended September 30, 2015 that is included in the six months ended December 31, 2015 , the Company allocated to MSG Networks $229 of net periodic benefit cost for the Pension Plans related to corporate employees not specifically identified to either the Company or MSG Networks. The net periodic benefit cost for the Postretirement Plan for the three months ended September 30, 2015 that is included in the six months ended December 31, 2015 reported in the table above includes $18 of expenses related to MSG Networks employees, representing the contributory charge from the Company to MSG Networks for participation in the Postretirement Plan. In addition, for the three months ended September 30, 2015 that is included in the six months ended December 31, 2015 , the Company allocated to MSG Networks $11 of net periodic benefit cost for the Postretirement Plan related to corporate employees not specifically identified to either the Company or MSG Networks. In addition, prior to the Distribution, MSG Networks sponsored the MSG Holdings, L.P. 401(k) Savings Plan and the MSG Holdings, L.P. Excess Savings Plan (collectively, the “ Savings Plans ”). In connection with the Distribution, the MSG Holdings, L.P. 401(k) Savings Plan was converted into a multiple employer plan and pursuant to the Employee Matters Agreement, the Company became the sponsor and a contributing employer to this plan. For the three months ended December 31, 2016 and 2015 , expenses related to the Savings Plans , excluding expenses related to MSG Networks’ employees, included in the accompanying consolidated and combined statements of operations were $1,984 and $868 , respectively. For the six months ended December 31, 2016 and 2015 , expenses related to the Savings Plans , excluding expenses related to MSG Networks’ employees, included in the accompanying combined statements of operations were $3,946 and $1,700 . The amount for the three months ended September 30, 2015 that is included in the results of operations for the six months ended December 31, 2015 includes $89 of expenses related to the Company’s corporate employees which were allocated to MSG Networks. In addition, prior to the Distribution, MSG Networks sponsored the MSG Holdings, L.P. 401(k) Union Plan (the “ Union Savings Plan ”). In connection with the Distribution, the Union Savings Plan was converted into a multiple employer plan and pursuant to the Employee Matters Agreement, the Company became the sponsor and a contributing employer to this plan. For the three months ended December 31, 2016 and 2015 , expenses related to the Union Savings Plan included in the accompanying consolidated and combined statements of operations were $28 and $27 , respectively. For the six months ended December 31, 2016 and 2015 , expenses related to the Union Savings Plan included in the accompanying consolidated and combined statements of operations were $50 and $45 , respectively.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation	Share-based Compensation See Note 10 to the consolidated and combined financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2016 for more information regarding the Company’s 2015 Employee Stock Plan (the “ Employee Stock Plan ”) and its 2015 Stock Plan for Non-Employee Directors, as well as the treatment after the Distribution of share-based payment awards initially granted under MSG Networks’ equity award programs. For the three months ended December 31, 2016 and 2015 , share-based compensation expense , reduced for estimated forfeiture, was recognized in the consolidated and combined statements of operations as a component of direct operating expenses or selling, general and administrative expenses and was $11,743 and $7,154 , respectively. For the six months ended December 31, 2016 and 2015 , share-based compensation expense , reduced for estimated forfeiture, was $20,098 and $10,259 , respectively. Restricted Stock Units Award Activity The following table summarizes activity related to holders (including the Company and MSG Networks’ employees) of the Company’s restricted stock units and performance restricted stock units, collectively referred to as “ RSUs ,” for the six months ended December 31, 2016 : Number of Weighted-Average Fair Value Per Share At Date of Grant Nonperformance Based Vesting RSUs Performance Based Vesting Unvested award balance, June 30, 2016 172 313 $ 167.51 Granted 111 181 $ 170.98 Vested (64 ) (24 ) $ 143.82 Forfeited (7 ) (1 ) $ 159.34 Unvested award balance, December 31, 2016 212 469 $ 172.15 The fair value of RSUs that vested during the six months ended December 31, 2016 was $15,209 . RSUs granted under the Employee Stock Plan were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ statutory minimum tax withholding obligations for the applicable income and other employment taxes, 33 of these RSUs , with an aggregate value of $5,702 were retained by the Company and reflected as financing activity in the accompanying consolidated statement of cash flows for the six months ended December 31, 2016 .

Stock Repurchase Program

Stock Repurchase Program	6 Months Ended
	Dec. 31, 2016
Stock Repurchase Program [Abstract]
Treasury Stock [Text Block]	Stock Repurchase Program On September 11, 2015, the Company’s board of directors authorized the repurchase of up to $525,000 of the Company’s Class A Common Stock once the shares of the Company’s Class A Common Stock began “regular way” trading on October 1, 2015. Under the authorization, shares of Class A Common Stock may be purchased from time to time in open market transactions, in accordance with applicable insider trading and other securities laws and regulations. The timing and amount of purchases will depend on market conditions and other factors. During the six months ended December 31, 2016 , the Company has repurchased 406 shares for a total cost of $72,277 , including commissions and fees. These acquired shares have been classified as treasury stock in the accompanying consolidated balance sheet as of December 31, 2016 . As of December 31, 2016 , the Company had $347,009 of availability remaining under its stock repurchase authorization.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As of December 31, 2016 , members of the Dolan family group, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, including trusts for the benefit of the Dolan family group, collectively beneficially own all of the Company's outstanding Class B Common Stock and own approximately 2.8% of the Company’s outstanding Class A Common Stock. Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 70.8% of the aggregate voting power of the Company’s outstanding common stock. Members of the Dolan family are also the controlling stockholders of MSG Networks and AMC Networks Inc. (“ AMC Networks ”). Prior to June 21, 2016, members of the Dolan Family were also the controlling stockholders of Cablevision Systems Corporation (“ Cablevision ”). In connection with the Distribution, the Company has entered into various agreements with MSG Networks, including media rights agreements covering the Knicks and the Rangers games, an advertising sales representation agreement , and a transition services agreement (“ TSA ”). On June 21, 2016, Cablevision was acquired by a subsidiary of Altice N.V. and a change in control occurred, which resulted in members of the Dolan Family no longer being controlling stockholders of the surviving company, Altice USA. Accordingly, Altice USA is not a related party of the Company, and thus the related party transactions disclosed herein that relate to Altice USA were recognized prior to June 21, 2016. Prior to that, the Company had various agreements with Altice USA. These agreements included arrangements with respect to a number of commercial relationships. On June 16, 2016, the Company entered into an arrangement with the Dolan Family Office, LLC (“ DFO ”), AMC Networks and MSG Networks providing for the sharing of certain expenses associated with executive office space which will be available to James L. Dolan (the Executive Chairman and a director of the Company and MSG Networks and a director of AMC Networks), Charles F. Dolan (the Executive Chairman and a director of AMC Networks and a director of the Company and MSG Networks), and the DFO which is controlled by Charles F. Dolan. Beginning in June 2016, the Company agreed to share certain executive support costs, including office space, executive assistants, security and transportation costs, for (i) the Company’s Executive Chairman with MSG Networks and (ii) the Company’s Vice Chairman with MSG Networks and AMC Networks. The Company also has certain arrangements with its nonconsolidated affiliates. See Note 6 for information on outstanding loans provided by the Company to its nonconsolidated affiliates. Revenues and Operating Expenses The following table summarizes the composition and amounts of the transactions with the Company’s affiliates, primarily MSG Networks. These amounts are reflected in revenues and operating expenses in the accompanying consolidated and combined statements of operations for the three and six months ended December 31, 2016 and 2015 : Three Months Ended December 31, Six Months Ended December 31, 2016 2015 2016 2015 Revenues $ 39,040 $ 41,321 $ 72,881 $ 74,880 Operating expenses (credits): Corporate general and administrative, net - MSG Networks $ (2,406 ) $ (2,196 ) $ (4,895 ) $ (33,787 ) Consulting fees 942 366 1,919 434 Advertising 475 777 595 945 Transactions with Altice USA — 1,749 — 2,454 Other, net (152 ) 40 (134 ) 47 Revenues In connection with the Distribution, the Company entered into new media rights agreements with MSG Networks covering the Knicks and Rangers, which provide MSG Networks with exclusive media rights to team games in their local markets and a new advertising sales representation agreement pursuant to which the Company has the exclusive right and obligation, for a commission, to sell MSG Networks’ advertising availabilities. Revenues from related parties primarily consist of local media rights recognized by the Company’s Sports segment from the licensing of team-related programming to MSG Networks under these new media rights agreements. Local media rights are generally recognized on a straight-line basis over the fiscal year. In addition, the Company and Tribeca Enterprises have a service agreement pursuant to which the Company provides marketing inventory and consulting services to Tribeca Enterprises for a fee. Corporate General and Administrative Expense, net - MSG Networks For the three months ended December 31, 2016 and 2015 , Corporate general and administrative expense, net - MSG Networks amount reflects charges from the Company to MSG Networks under the TSA of $2,118 and $2,229 , respectively, net of general and administrative costs charged to the Company by MSG Networks. For the six months ended December 31, 2016 and 2015 , Corporate general and administrative expense, net - MSG Networks amount reflects charges from the Company to MSG Networks under the TSA of $4,166 and $2,229 , respectively Prior to the Distribution, allocations of corporate overhead and shared services expense from Former Parent were based on direct usage or the relative proportion of revenue or headcount. The Company’s corporate overhead expenses are primarily related to centralized functions, including executive compensation, finance, treasury, tax, internal audit, legal, information technology, human resources and risk management functions. Consulting Fees The Company pays AMSGE and its nonconsolidated affiliates for advisory and consulting services that AMSGE and its nonconsolidated affiliates provide to the Company, and for the reimbursement of certain expenses in connection with such services. Advertising Expenses The Company incurs advertising expenses for services rendered by its related parties, primarily MSG Networks and Altice USA, most of which related to the utilization of advertising and promotional benefits by the Company. Transactions with Altice USA Amounts represent charges to the Company by Altice USA for corporate general and administrative expenses and telephone and other fiber optic transmission services. In addition, transactions with Altice USA include net charges related to a reciprocal aircraft arrangement between the Company and Altice USA. Other Operating Expenses, net The Company and its related parties enter into transactions with each other in the ordinary course of business. Amounts charged to the Company for other transactions with its related parties are net of amounts charged by the Company to the Knickerbocker Group, LLC, an entity owned by James L. Dolan, the Executive Chairman and a director of the Company, for office space equal to the allocated cost of such space and the cost of certain technology services. In addition, other operating expenses include net charges related to a reciprocal aircraft arrangement between the Company and the DFO.

Income Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense (benefit) for the three months ended December 31, 2016 and 2015 was $3,248 and $(70) , respectively. The effective tax rate for the three months ended December 31, 2016 and 2015 was 5.4% and (0.2)% , respectively. For the six months ended December 31, 2016 and 2015 , income tax expense was $314 and $52 , respectively. The effective tax rate for the six months ended December 31, 2016 and 2015 was 1.1% and 0.1% , respectively. The Company’s effective tax rate for the three months ended December 31, 2016 is different when compared to the statutory federal rate of 35% , primarily as a result of a reduction of $22,123 of recorded Federal and state valuation allowances which offsets tax expense that would otherwise have been recorded on operating income. The tax expense also includes $3,126 to reverse tax benefit recorded on operating losses in the three months ended September 30, 2016, as well as tax expense of $1,012 primarily related to non-deductible expenses. The Company’s effective tax rate for the six months ended December 31, 2016 is different when compared to the statutory federal rate of 35% as a result of a reduction of $11,115 of recorded Federal and state valuation allowances which offsets tax expense that would have otherwise been recorded on operating income. The income tax expense also reflects tax expense of $1,342 primarily related to non-deductible expenses. The Company’s effective tax rates for the three and six months ended December 31, 2015 are different when compared to the statutory federal rate of 35% primarily due to a reduction of approximately $20,800 in the valuation allowance recorded on the Company’s net deferred tax asset established at the time of the Distribution. As part of the Distribution, MSG Networks is responsible for paying taxes on approximately $348,000 of deferred revenue from ticket sales, sponsorship and suite rentals collected in advance related to the Company’s business. This initially created a deferred tax asset for which the Company recorded a full valuation allowance as it was more likely than not that the deferred tax asset would not be realized. The Company has not recorded any unrecognized tax benefits for uncertain tax positions as of December 31, 2016 . The Company’s policy is to reflect interest and penalties associated with uncertain tax positions, if any, as a component of income tax expense.

Segment Information

Segment Information	6 Months Ended
	Dec. 31, 2016
Segment Information [Abstract]
Segment Reporting Disclosure [Text Block]	Segment Information The Company is comprised of two reportable segments: MSG Entertainment and MSG Sports. In determining its reportable segments, the Company assessed the guidance of FASB ASC 280-10-50-1, which provides the definition of a reportable segment. In accordance with the FASB guidance, the Company takes into account whether two or more operating segments can be aggregated together as one reportable segment as well as the type of discrete financial information that is available and regularly reviewed by its chief operating decision maker. The Company has evaluated this guidance and determined that there are two reportable segments. The Company allocates certain corporate costs and its venue operating expenses to each of its reportable segments. Allocated venue operating expenses include the non-event related costs of operating the Company’s venues, and include such costs as rent for the Company’s leased venues, real estate taxes, insurance, utilities, repairs and maintenance, and labor related to the overall management of the venues. Depreciation and amortization expense related to The Garden , The Theater at Madison Square Garden, the Forum, and certain corporate property, equipment and leasehold improvements not allocated to the reportable segments and is reported in “ All other .” During the first quarter of fiscal year 2017, the Company refined its approach to allocating corporate, venue operating and other shared expenses . Management analyzed the specific support provided by individual corporate and venue personnel using a detailed efforts-based analysis. The Company considered this approach to better refine segment profitability for users of the financial information and, therefore, made this change in the first quarter of fiscal year 2017. Prior period results are reflected as originally reported and have not been restated. Had the revised approach been used in fiscal year 2016, operating income reported in MSG Sports and MSG Entertainment during the second quarter of fiscal year 2016 would have improved by approximately $721 and $34 , respectively. For the six months ended December 31, 2015 , operating income reported in MSG Sports and MSG Entertainment would have improved by approximately $2,649 and $570 , respectively. These improvements would have been offset by increases of $755 and $3,219 in the operating loss of All other for the three and six months ended December 31, 2015 , respectively. The adjusted operating income, as defined below, reported in MSG Sports and MSG Entertainment during the second quarter of fiscal year 2016 would have improved by approximately $849 and $662 , respectively. For the six months ended December 31, 2015 , adjusted operating income reported in MSG Sports and MSG Entertainment would have improved by approximately $2,486 and $1,597 , respectively. These improvements would have been offset by increases of $1,511 and $4,083 in the adjusted operating loss of All other for the three and six months ended December 31, 2015 , respectively. The Company evaluates segment performance based on several factors, of which the key financial measure is their operating income (loss) before (i) depreciation, amortization and impairments of property and equipment and intangible assets, (ii) share-based compensation expense or benefit, (iii) restructuring charges or credits and (iv) gains or losses on sales or dispositions of businesses, which is referred to as adjusted operating income (loss) , a non-GAAP measure. The Company believes adjusted operating income (loss) is an appropriate measure for evaluating the operating performance of its business segments and the Company on a consolidated basis. Adjusted operating income (loss) and similar measures with similar titles are common performance measures used by investors and analysts to analyze the Company’s performance. The Company uses revenues and adjusted operating income (loss) measures as the most important indicators of its business performance, and evaluates management’s effectiveness with specific reference to these indicators. In the first quarter of fiscal 2017, the Company has renamed its non-GAAP performance measure to adjusted operating income (loss) - formerly known as adjusted operating cash flow. There has been no change to the definition. Adjusted operating income (loss) should be viewed as a supplement to and not a substitute for operating income (loss), net income (loss), cash flows from operating activities, and other measures of performance and/or liquidity presented in accordance with GAAP. The Company has presented the components that reconcile operating income (loss), the most directly comparable GAAP financial measure, to adjusted operating income (loss) . Three Months Ended December 31, 2016 MSG Entertainment MSG Sports All Other Total Revenues $ 192,485 $ 252,665 $ — $ 445,150 Direct operating expenses 106,464 160,209 — 266,673 Selling, general and administrative expenses 26,442 49,346 18,472 (a) 94,260 Depreciation and amortization 2,833 2,905 20,228 25,966 Operating income (loss) $ 56,746 $ 40,205 $ (38,700 ) $ 58,251 Loss in equity method investments (1,188 ) Interest income 2,692 Interest expense (491 ) Miscellaneous income (b) 1,405 Income from operations before income taxes $ 60,669 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 56,746 $ 40,205 $ (38,700 ) $ 58,251 Add back: Share-based compensation expense 4,076 4,100 3,567 11,743 Depreciation and amortization 2,833 2,905 20,228 25,966 Adjusted operating income (loss) $ 63,655 $ 47,210 $ (14,905 ) $ 95,960 Other information: Capital expenditures $ 5,434 $ 693 $ 7,297 $ 13,424 Three Months Ended December 31, 2015 MSG Entertainment MSG Sports All Other Total Revenues (c) $ 181,087 $ 229,533 $ 218 $ 410,838 Direct operating expenses 110,477 139,155 — 249,632 Selling, general and administrative expenses (c) 23,806 47,075 15,381 (a) 86,262 Depreciation and amortization 2,528 2,769 20,608 25,905 Operating income (loss) (c) $ 44,276 $ 40,534 $ (35,771 ) $ 49,039 Loss in equity method investments (2,475 ) Interest income 1,448 Interest expense (514 ) Miscellaneous expense (b) (4,080 ) Income from operations before income taxes $ 43,418 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) (c) $ 44,276 $ 40,534 $ (35,771 ) $ 49,039 Add back: Share-based compensation expense (c) 2,088 2,453 2,613 7,154 Depreciation and amortization 2,528 2,769 20,608 25,905 Adjusted operating income (loss) (c) $ 48,892 $ 45,756 $ (12,550 ) $ 82,098 Other information: Capital expenditures $ 328 $ 1,562 $ 5,509 $ 7,399 Six Months Ended December 31, 2016 MSG Entertainment MSG Sports All Other Total Revenues $ 303,183 $ 323,662 $ — $ 626,845 Direct operating expenses 198,322 179,758 — 378,080 Selling, general and administrative expenses 49,882 88,859 32,540 (a) 171,281 Depreciation and amortization 5,519 5,523 41,034 52,076 Operating income (loss) $ 49,460 $ 49,522 $ (73,574 ) $ 25,408 Loss in equity method investments (2,182 ) Interest income 5,091 Interest expense (901 ) Miscellaneous income (b) 1,405 Income from operations before income taxes $ 28,821 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 49,460 $ 49,522 $ (73,574 ) $ 25,408 Add back: Share-based compensation expense 7,615 7,584 4,899 20,098 Depreciation and amortization 5,519 5,523 41,034 52,076 Adjusted operating income (loss) $ 62,594 $ 62,629 $ (27,641 ) $ 97,582 Other information: Capital expenditures $ 6,794 $ 2,357 $ 12,615 $ 21,766 Six Months Ended December 31, 2015 MSG Entertainment MSG Sports All Other Total Revenues (c) $ 258,113 $ 302,681 $ 425 $ 561,219 Direct operating expenses 167,478 153,504 — 320,982 Selling, general and administrative expenses (c) 41,614 83,035 19,981 (a) 144,630 Depreciation and amortization 5,102 5,629 40,414 51,145 Operating income (loss) (c) $ 43,919 $ 60,513 $ (59,970 ) $ 44,462 Earnings in equity method investments 204 Interest income 2,405 Interest expense (1,054 ) Miscellaneous expense (b) (4,080 ) Income from operations before income taxes $ 41,937 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) (c) $ 43,919 $ 60,513 $ (59,970 ) $ 44,462 Add back: Share-based compensation expense (c) 3,004 4,027 3,228 10,259 Depreciation and amortization 5,102 5,629 40,414 51,145 Adjusted operating income (loss) (c) $ 52,025 $ 70,169 $ (16,328 ) $ 105,866 Other information: Capital expenditures $ 917 $ 3,329 $ 55,435 (d) $ 59,681 _________________ (a) Consists of unallocated corporate general and administrative costs. (b) Miscellaneous income for the three and six months ended December 31, 2016 consists principally of the recovery of certain claims in connection with a third party bankruptcy proceeding. Miscellaneous expenses for the three and six months ended December 31, 2015 primarily include partial write-down of one of the Company’s cost method investments (see Note 6 ). (c) During the three months ended December 31, 2015, for segment reporting purposes, ad sales commission revenues and associated expenses were allocated 50% to each of our MSG Entertainment and MSG Sports segments. Effective January 1, 2016, the Company began presenting all of its ad sales commission revenues and associated expenses within the MSG Sports segment. The segments’ operating results for the three and six months ended December 31, 2015 have been restated to reflect this change. (d) Capital expenditures for the six months ended December 31, 2015 are primarily associated with the purchase of an aircraft, as well as certain investments with respect to The Garden. Substantially all revenues and assets of the Company’s reportable segments are attributed to or located in the United States and are primarily concentrated in the New York metropolitan area.

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Event	Subsequent Events Rangers Revolving Credit Facility On January 25, 2017, Rangers LLC , a wholly owned subsidiary of the Company, entered into a credit agreement with a syndicate of lenders providing for a senior secured revolving credit facility. See Note 10 for more information regarding the Company’s new Rangers Revolving Credit Facility . TAO Group Acquisition On January 31, 2017 , the Company entered into a transaction agreement pursuant to which it acquired a 62.5% common equity interest and a preferred equity interest in TAOH . See Note 3 for more information regarding the Company’s new acquisition. In addition, in connection with this transaction, TAOIH , TAOG and certain of its subsidiaries obtained a senior secured term loan facility and a senior secured revolving credit facility for working capital and general corporate purposes of TAOG . See Note 10 for more information regarding the TAO Credit Facilities.

Accounting Policies (Policies)

Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation and Combination For the periods prior to the Distribution, the financial statements include certain assets and liabilities that were historically held at Former Parent’s corporate level but were specifically identifiable or otherwise attributable to the Company. All intercompany transactions between the Company and Former Parent have been included in the combined financial statements as components of MSG Networks’ investment. All significant intracompany transactions and accounts within the Company's consolidated and combined financial statements have been eliminated. Expenses related to corporate allocations prior to the Distribution were considered to be effectively settled in the combined financial statements at the time the transaction was recorded, with the offset recorded against MSG Networks’ investment.
Use of Estimates	Use of Estimates The preparation of the accompanying Financial Statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, investments, goodwill, intangible assets, other long-lived assets, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, revenue sharing expense (net of escrow), luxury tax expense, income tax expense, performance and share-based compensation, depreciation and amortization, reserve and recovery for contingencies, litigation matters and other matters, as well as in the valuation of contingent consideration and noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the Financial Statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods.
Business Combinations	Business Combinations The acquisition method of accounting for business combinations requires management to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which the Company is allowed to adjust the provisional amounts recognized for a business combination). Under the acquisition method of accounting, the Company recognizes separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. The Company measures goodwill as of the acquisition date as the excess of consideration transferred, which is also measured at fair value if the consideration is non-cash, over the net of the acquisition date amounts of the identifiable assets acquired and liabilities assumed. Costs that the Company incurs to complete a business combination such as investment banking, legal and other professional fees are not considered part of consideration and the Company charges these costs to selling, general and administrative expense as they are incurred. In addition, the Company recognizes measurement-period adjustments in the period in which the amount is determined, including the effect on earnings of any amounts the Company would have recorded in previous periods if the accounting had been completed at the acquisition date. On July 1, 2016, the Company acquired a controlling interest in Boston Calling Events LLC (“ BCE ”). In accordance with Accounting Standards Codification (“ ASC ”) Topic 805, Business Combinations , and ASC Topic 810, Consolidation , the financial position of BCE has been consolidated to the Company’s consolidated balance sheet as of December 31, 2016 . The results of operations for BCE have been included in the Company’s consolidated results of operations from the date of acquisition in the MSG Entertainment segment. The relevant amounts attributable to investors other than the Company are reflected under “Noncontrolling interests” and “Net income (loss) attributable to noncontrolling interests” on the accompanying consolidated balance sheet and consolidated statement of operations, respectively. See Note 3 for more information regarding the Company’s acquisition of BCE .
Revenue Recognition	Revenue Recognition Deferred revenue reported in the accompanying consolidated balance sheets as of December 31, 2016 and June 30, 2016 includes amounts due to the third-party promoters of $48,458 and $45,877 , respectively.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In February 2015, the Financial Accounting Standards Board (“ FASB ”) issued Accounting Standards Update (“ ASU ”) No. 2015-02 , Consolidation (Topic 810): Amendments to the Consolidation Analysis , which changes the analysis to be performed in determining whether certain types of legal entities should be consolidated. Specifically, ASU No. 2015-02 (i) modifies the assessment of whether limited partnerships are variable interest entities (each a “ VIE ”) or voting interest entities, (ii) eliminates the presumption that a limited partnership should be consolidated by its general partner, (iii) removes certain conditions for the evaluation of whether a fee paid to a decision maker constitutes a variable interest, and (iv) modifies the evaluation concerning the impact of related parties in the determination of the primary beneficiary of a VIE . This standard was adopted by the Company in the first quarter of fiscal year 2017. The adoption of the standard did not have an impact on the Company’s consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract and expense the cost as the services are received. This standard was adopted by the Company in the first quarter of fiscal year 2017 on a prospective basis for all arrangements entered into or materially modified after July 1, 2016. The adoption of the standard did not have an impact on the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers ( Topic 606 ) , which supersedes the revenue recognition requirements in FASB ASC Topic 605, Revenue Recognition . ASC Topic 606 , among other things, (i) is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange f or those goods or services, and (ii) requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued ASU No. 2015-14 , Revenue from Contracts with Customers (Topic 606) : Deferral of the Effective Date , which defers the effective date of ASU No. 2014-09 for all entities by one year. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net) , which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard under ASU No. 2014-09. ASU No. 2016-08 clarifies how an entity should identify the unit of accounting (i.e. the specified good or service) for the principal versus agent evaluation and how it should apply the control principle to certain types of arrangements. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing , which clarifies the principle in ASU No 2014-09 for determining whether a good or service is separately identifiable from other promises in the contract and, therefore, should be accounted for separately. ASU No. 2016-10 also clarifies that entities are not required to identify promised goods or services that are immaterial in the context of the contract and allows entities to elect to account for shipping and handling activities as a fulfillment cost rather than as an additional promised service. In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606) - Narrow-Scope Improvements and Practical Expedients , which clarifies the following aspects in ASU No. 2014-09: collectability, presentation of sales taxes and other similar taxes collected from customers, noncash considerations, contract modifications at transition, completed contracts at transition, and technical correction. In December, the FASB issued ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers , which allows entities not to make quantitative disclosures about remaining performance obligations in certain cases and requires entities that use any of the new or previously existing optional exemptions to expand their qualitative disclosures. Early adoption of ASC Topic 606 and the related updates discussed above is permitted and the Company can early adopt ASC Topic 606 and the related updates beginning in the first quarter of fiscal year 2018. If the Company does not apply the early adoption provision, ASC Topic 606 and the related updates will be effective for the Company beginning in the first quarter of fiscal year 2019 using one of two retrospective application methods. The Company is currently evaluating the impact the standard and updates will have on its consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities, addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This standard, among other things, (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income and (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. Early adoption is not permitted with the exception of certain provisions related to the presentation of other comprehensive income. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02 , Leases (Topic 842) , which supersedes existing guidance on accounting for leases in FASB ASC Topic 840, Leases . ASU No. 2016-02 , among other things, (i) requires lessees to account for leases as either finance leases or operating leases and generally requires all leases to be recorded on the balance sheet, including those leases classified as operating leases under previous accounting guidance, through the recognition of right-of-use assets and corresponding lease liabilities, and (ii) requires extensive qualitative and quantitative disclosures about leasing activities. The accounting applied by a lessor is largely unchanged from that applied under previous accounting guidance. This standard will be effective for the Company beginning in the first quarter of fiscal year 2020 and is required to be applied using the modified retrospective approach for all leases existing as of the effective date. Early adoption is permitted. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-07, Investments - Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting . ASU No. 2016-07 eliminates the requirement for an investor to retrospectively apply the equity method when an investment that it had accounted for by another method qualifies for use of the equity method. This standard will be effective for the Company beginning in the first quarter of fiscal year 2018 and is required to be applied prospectively. Early adoption is permitted. The adoption of this guidance is not expected to have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-based Payment Accounting . ASU No. 2016-09, among other things, (i) requires the income tax effects of all awards to be recognized in the statement of operations when the awards vest or are settled, (ii) allows an employer to repurchase more of an employee’s shares for tax withholding purposes than currently allowable, without triggering liability accounting, and provides companies with the option to make a policy election to account for forfeitures as they occur, and (iii) requires companies to present excess tax benefits as operating activity rather than as financing activity on the statement of cash flows. This standard will be effective for the Company beginning in the first quarter of fiscal year 2018. Early adoption is permitted. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230). ASU No. 2016-15 addresses eight specific cash flow issues and is intended to reduce diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory . ASU No. 2016-16 requires entities to recognize income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019. Early adoption is permitted as of the beginning of an annual reporting period for which financial statements have not been issued or made available for issuance. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows: Restricted Cash . The primary purpose of ASU No. 2016-18 is to reduce the diversity in practice that exists in the classification and presentation of changes in restricted cash on the statement of cash flows. This standard will require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This standard will be effective retrospectively for the Company beginning in the first quarter of fiscal year 2019. Early adoption is permitted in any interim or annual period. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805) Clarifying the Definition of a Business . The primary purpose of this ASU is to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses, which will affect many areas of accounting including acquisitions, disposals, goodwill, and consolidation. This standard will be effective for the Company beginning in the first quarter of fiscal year 2019 and is required to be applied prospectively. Early adoption is permitted. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. ASU No. 2017-04 removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021 is required to be applied prospectively. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact this standard will have on its consolidated financial statements.

Computation of Earnings (loss28

Computation of Earnings (loss) per Common Share (Tables)	6 Months Ended
	Dec. 31, 2016
Computation of Earnings (loss) per Common Share [Abstract]
Schedule of Weighted Average Number of Shares [Table Text Block]	The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings per common share (“EPS”). Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Weighted-average shares for basic EPS 23,971 24,971 24,013 24,949 Dilutive effect of shares issuable under share-based compensation plans 172 84 179 82 Weighted-average shares for diluted EPS 24,143 25,055 24,192 25,031 Anti-dilutive shares 7 4 6 2

Investments and Loans to Nonc29

Investments and Loans to Nonconsolidated Affiliates (Tables)	6 Months Ended
	Dec. 31, 2016
Equity Method Investments, Joint Ventures and Cost Method Investments [Abstract]
Cost and Equity Method Investments [Table Text Block]	The Company’s investments and loans to nonconsolidated affiliates which are accounted for under equity method and cost method of accounting in accordance with ASC Topic 323, Investments - Equity Method and Joint Ventures , and ASC Topic 325, Investments - Other , respectively, consisted of the following: Ownership Percentage Investment Loan Total December 31, 2016 Equity method investments: Azoff MSG Entertainment LLC (“AMSGE”) 50 % $ 108,194 $ 97,500 $ 205,694 Brooklyn Bowl Las Vegas, LLC (“BBLV”) (a) — 2,662 (b) 2,662 Tribeca Enterprises LLC (“Tribeca Enterprises”) 50 % 15,770 13,951 (c) 29,721 Fuse Media LLC (“Fuse Media”) 15 % 20,631 — 20,631 Cost method investments 4,098 1,678 5,776 Total investments and loans to nonconsolidated affiliates $ 148,693 $ 115,791 $ 264,484 June 30, 2016 Equity method investments: AMSGE 50 % $ 112,147 $ 97,500 $ 209,647 BBLV (a) — 2,662 (b) 2,662 Tribeca Enterprises 50 % 13,736 10,395 (c) 24,131 Fuse Media 15 % 21,634 — 21,634 Cost method investments 3,794 1,678 5,472 Total investments and loans to nonconsolidated affiliates $ 151,311 $ 112,235 $ 263,546 _________________ (a) The Company is entitled to receive back its capital, which was 74% of BBLV’s total capital as of December 31, 2016 and June 30, 2016 , plus a preferred return, after which the Company would own a 20% interest in BBLV. (b) Represents outstanding loan balance, inclusive of amounts due to the Company for interest of $62 as of December 31, 2016 and June 30, 2016 . (c) Includes outstanding payments-in-kind (“ PIK ”) interest of $451 and $95 as of December 31, 2016 and June 30, 2016 , respectively. PIK interest owed does not reduce availability under the revolving credit facility.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying Amount of Goodwill by Reportable Segment	The carrying amounts of goodwill , by reportable segment, as of December 31, 2016 and June 30, 2016 are as follows: December 31, June 30, MSG Entertainment $ 71,517 $ 58,979 MSG Sports 218,187 218,187 $ 289,704 $ 277,166
Schedule of Indefinite-Lived Intangible Assets	The Company’s indefinite-lived intangible assets as of December 31, 2016 and June 30, 2016 are as follows: Sports franchises (MSG Sports segment) $ 101,429 Trademarks (MSG Entertainment segment) 62,421 Photographic related rights (MSG Sports segment) 3,000 $ 166,850
Schedule of Intangible Assets Subject to Amortization	The Company’s intangible assets subject to amortization are as follows: December 31, 2016 Gross Accumulated Amortization Net Season ticket holder relationships $ 73,124 $ (61,808 ) $ 11,316 Other intangibles 16,017 (3,036 ) 12,981 $ 89,141 $ (64,844 ) $ 24,297 June 30, 2016 Gross Accumulated Amortization Net Season ticket holder relationships $ 73,124 $ (59,178 ) $ 13,946 Other intangibles 4,217 (2,434 ) 1,783 $ 77,341 $ (61,612 ) $ 15,729

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on a Recurring Basis	The following table presents for each of these hierarchy levels, the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents, marketable securities and available-for-sale securities: Fair Value Hierarchy December 31, June 30, Assets: Commercial Paper I $ 73,472 $ 79,968 Money market accounts I 139,543 159,881 Time deposits I 1,192,450 1,202,681 Marketable securities I — 787 Available-for-sale securities I 33,397 — Total assets measured at fair value $ 1,438,862 $ 1,443,317
Schedule Of Financial Instruments [Table Text Block]	The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheet are as follows: December 31, 2016 June 30, 2016 Carrying Value Fair Value Carrying Fair Notes receivable, including interest accruals $ 7,090 $ 7,090 $ 7,090 $ 7,090 Marketable securities — — 787 787 Available-for-sale securities (a) 33,397 33,397 — — _________________ (a) Aggregate cost basis for available-for-sale securities, including transaction costs, was $23,222 as of December 31, 2016 . The unrealized gain recorded in accumulated other comprehensive income was $10,175 as of December 31, 2016 .

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table details the components of accumulated other comprehensive income (loss): Pension Plans and Postretirement Plan (a) Unrealized Gain on Available-for-sale Securities Accumulated Other Comprehensive Income (Loss) Balance as of June 30, 2016 $ (42,611 ) $ — $ (42,611 ) Other comprehensive income before reclassifications, before income taxes — 10,175 10,175 Amounts reclassified from accumulated other comprehensive loss, before income taxes 663 — 663 Other comprehensive income 663 10,175 10,838 Balance as of December 31, 2016 $ (41,948 ) $ 10,175 $ (31,773 ) Balance as of June 30, 2015 $ (40,215 ) $ — $ (40,215 ) Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Distribution 5,896 — 5,896 Other comprehensive loss before reclassifications, before income taxes (602 ) — (602 ) Amounts reclassified from accumulated other comprehensive loss, before income taxes 517 — 517 Other comprehensive loss (85 ) — (85 ) Balance as of December 31, 2015 $ (34,404 ) $ — $ (34,404 ) ________________ (a) Amounts reclassified from accumulated other comprehensive loss, before income taxes, represent amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected in direct operating expenses and selling, general and administrative expenses in the accompanying consolidated and combined statements of operations (see Note 12 ).

Pension Plans and Other Postr33

Pension Plans and Other Postretirement Benefit Plan (Tables)	6 Months Ended
	Dec. 31, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Net Periodic Benefit Cost	Components of net periodic benefit cost for the Pension Plans and Postretirement Plan recognized in direct operating expenses and selling, general and administrative expenses in the accompanying consolidated and combined statements of operations for the three and six months ended December 31, 2016 and 2015 are as follows: Pension Plans Postretirement Plan Three Months Ended Three Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost (a) $ 23 $ 1,502 $ 34 $ 32 Interest cost (a) 1,240 1,680 40 58 Expected return on plan assets (596 ) (740 ) — — Recognized actuarial loss 344 255 — — Amortization of unrecognized prior service credit — — (13 ) (20 ) Net periodic benefit cost $ 1,011 $ 2,697 $ 61 $ 70 Pension Plans Postretirement Plan Six Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost (a) $ 46 $ 3,014 $ 68 $ 82 Interest cost (a) 2,480 3,609 81 149 Expected return on plan assets (1,192 ) (1,480 ) — — Recognized actuarial loss 688 554 — — Amortization of unrecognized prior service cost (credit) — 14 (25 ) (51 ) Net periodic benefit cost $ 2,022 $ 5,711 $ 124 $ 180 _________________ (a) Effective July 1, 2016, the Company changed the approach used to measure service and interest cost components of net periodic benefit costs for Pension Plans and Postretirement Plan. Previously, the Company measured service and interest costs utilizing a single weighted-average discount rate derived from the yield curve used to measure the plans’ obligations. Beginning fiscal year 2017, the Company elected to measure service and interest costs by applying the specific spot rates along that yield curve to the plans’ liability cash flows (“Spot Rate Approach”). The Company believes the Spot Rate Approach provides a more precise measurement of service and interest costs by improving the correlation between projected benefit cash flows and their corresponding spot rates on the yield curve. This change does not affect the measurement of the plans’ obligations and it is accounted for as a change in accounting estimate, which is applied prospectively. This change in estimate reduced the Company’ s pension and postretirement net periodic cost by approximately $290 and $580 for the three and six months ended December 31, 2016 , respectively, relative to the estimated pension expense had the Company not changed the approach.

Share-Based Compensation Schedu

Share-Based Compensation Schedule of Share-based Compensation (Tables)	6 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	The following table summarizes activity related to holders (including the Company and MSG Networks’ employees) of the Company’s restricted stock units and performance restricted stock units, collectively referred to as “ RSUs ,” for the six months ended December 31, 2016 : Number of Weighted-Average Fair Value Per Share At Date of Grant Nonperformance Based Vesting RSUs Performance Based Vesting Unvested award balance, June 30, 2016 172 313 $ 167.51 Granted 111 181 $ 170.98 Vested (64 ) (24 ) $ 143.82 Forfeited (7 ) (1 ) $ 159.34 Unvested award balance, December 31, 2016 212 469 $ 172.15

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	The following table summarizes the composition and amounts of the transactions with the Company’s affiliates, primarily MSG Networks. These amounts are reflected in revenues and operating expenses in the accompanying consolidated and combined statements of operations for the three and six months ended December 31, 2016 and 2015 : Three Months Ended December 31, Six Months Ended December 31, 2016 2015 2016 2015 Revenues $ 39,040 $ 41,321 $ 72,881 $ 74,880 Operating expenses (credits): Corporate general and administrative, net - MSG Networks $ (2,406 ) $ (2,196 ) $ (4,895 ) $ (33,787 ) Consulting fees 942 366 1,919 434 Advertising 475 777 595 945 Transactions with Altice USA — 1,749 — 2,454 Other, net (152 ) 40 (134 ) 47

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Dec. 31, 2016
Segment Information [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended December 31, 2016 MSG Entertainment MSG Sports All Other Total Revenues $ 192,485 $ 252,665 $ — $ 445,150 Direct operating expenses 106,464 160,209 — 266,673 Selling, general and administrative expenses 26,442 49,346 18,472 (a) 94,260 Depreciation and amortization 2,833 2,905 20,228 25,966 Operating income (loss) $ 56,746 $ 40,205 $ (38,700 ) $ 58,251 Loss in equity method investments (1,188 ) Interest income 2,692 Interest expense (491 ) Miscellaneous income (b) 1,405 Income from operations before income taxes $ 60,669 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 56,746 $ 40,205 $ (38,700 ) $ 58,251 Add back: Share-based compensation expense 4,076 4,100 3,567 11,743 Depreciation and amortization 2,833 2,905 20,228 25,966 Adjusted operating income (loss) $ 63,655 $ 47,210 $ (14,905 ) $ 95,960 Other information: Capital expenditures $ 5,434 $ 693 $ 7,297 $ 13,424 Three Months Ended December 31, 2015 MSG Entertainment MSG Sports All Other Total Revenues (c) $ 181,087 $ 229,533 $ 218 $ 410,838 Direct operating expenses 110,477 139,155 — 249,632 Selling, general and administrative expenses (c) 23,806 47,075 15,381 (a) 86,262 Depreciation and amortization 2,528 2,769 20,608 25,905 Operating income (loss) (c) $ 44,276 $ 40,534 $ (35,771 ) $ 49,039 Loss in equity method investments (2,475 ) Interest income 1,448 Interest expense (514 ) Miscellaneous expense (b) (4,080 ) Income from operations before income taxes $ 43,418 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) (c) $ 44,276 $ 40,534 $ (35,771 ) $ 49,039 Add back: Share-based compensation expense (c) 2,088 2,453 2,613 7,154 Depreciation and amortization 2,528 2,769 20,608 25,905 Adjusted operating income (loss) (c) $ 48,892 $ 45,756 $ (12,550 ) $ 82,098 Other information: Capital expenditures $ 328 $ 1,562 $ 5,509 $ 7,399 Six Months Ended December 31, 2016 MSG Entertainment MSG Sports All Other Total Revenues $ 303,183 $ 323,662 $ — $ 626,845 Direct operating expenses 198,322 179,758 — 378,080 Selling, general and administrative expenses 49,882 88,859 32,540 (a) 171,281 Depreciation and amortization 5,519 5,523 41,034 52,076 Operating income (loss) $ 49,460 $ 49,522 $ (73,574 ) $ 25,408 Loss in equity method investments (2,182 ) Interest income 5,091 Interest expense (901 ) Miscellaneous income (b) 1,405 Income from operations before income taxes $ 28,821 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 49,460 $ 49,522 $ (73,574 ) $ 25,408 Add back: Share-based compensation expense 7,615 7,584 4,899 20,098 Depreciation and amortization 5,519 5,523 41,034 52,076 Adjusted operating income (loss) $ 62,594 $ 62,629 $ (27,641 ) $ 97,582 Other information: Capital expenditures $ 6,794 $ 2,357 $ 12,615 $ 21,766 Six Months Ended December 31, 2015 MSG Entertainment MSG Sports All Other Total Revenues (c) $ 258,113 $ 302,681 $ 425 $ 561,219 Direct operating expenses 167,478 153,504 — 320,982 Selling, general and administrative expenses (c) 41,614 83,035 19,981 (a) 144,630 Depreciation and amortization 5,102 5,629 40,414 51,145 Operating income (loss) (c) $ 43,919 $ 60,513 $ (59,970 ) $ 44,462 Earnings in equity method investments 204 Interest income 2,405 Interest expense (1,054 ) Miscellaneous expense (b) (4,080 ) Income from operations before income taxes $ 41,937 Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) (c) $ 43,919 $ 60,513 $ (59,970 ) $ 44,462 Add back: Share-based compensation expense (c) 3,004 4,027 3,228 10,259 Depreciation and amortization 5,102 5,629 40,414 51,145 Adjusted operating income (loss) (c) $ 52,025 $ 70,169 $ (16,328 ) $ 105,866 Other information: Capital expenditures $ 917 $ 3,329 $ 55,435 (d) $ 59,681 _________________ (a) Consists of unallocated corporate general and administrative costs. (b) Miscellaneous income for the three and six months ended December 31, 2016 consists principally of the recovery of certain claims in connection with a third party bankruptcy proceeding. Miscellaneous expenses for the three and six months ended December 31, 2015 primarily include partial write-down of one of the Company’s cost method investments (see Note 6 ). (c) During the three months ended December 31, 2015, for segment reporting purposes, ad sales commission revenues and associated expenses were allocated 50% to each of our MSG Entertainment and MSG Sports segments. Effective January 1, 2016, the Company began presenting all of its ad sales commission revenues and associated expenses within the MSG Sports segment. The segments’ operating results for the three and six months ended December 31, 2015 have been restated to reflect this change. (d) Capital expenditures for the six months ended December 31, 2015 are primarily associated with the purchase of an aircraft, as well as certain investments with respect to The Garden.

Description of Business and B37

Description of Business and Basis of Presentation (Details) - segments	6 Months Ended
	Dec. 31, 2016	Sep. 30, 2015
Number of Reportable Segments	2
Percentage of ownership of business distributed to stockholders in Spin Off		100.00%

Accounting Policies (Details)

Accounting Policies (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Accounting Policies [Abstract]
Due To Third Party Promoters	$ 48,458	$ 45,877

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	Jul. 01, 2016	Dec. 31, 2016	Jun. 30, 2016
Business Acquisition [Line Items]
Business Combination, Goodwill Recognized		$ 289,704	$ 277,166
BCE [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	$ 2,221
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	11,800
Business Combination, Goodwill Recognized	12,538
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value	11,394
Acquisition Payments Deposited To Escrow Account	$ 1,750

Acquisitions (Available for Sal

Acquisitions (Available for Sale Securities) (Details) - Townsquare [Member] shares in Thousands, $ in Thousands	Aug. 16, 2016USD ($)shares
Schedule of Available-for-sale Securities [Line Items]
Investment Owned, Balance, Shares | shares	3,208
Percentage Of Ownership Acquired	12.00%
Available-for-sale Securities, Initial Payment | $	$ 23,099

Acquisitions Acquisitions (Subs

Acquisitions Acquisitions (Subsequent Event) (Details) - USD ($)	Jan. 31, 2017	Dec. 31, 2016	Jun. 30, 2016
Business Acquisition [Line Items]
Goodwill		$ 289,704,000	$ 277,166,000
Subsequent Event [Member] | Tao [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	$ 400,000,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 25,500,000
Business Acquisition Contingent Consideration Profitability Measurements Term And Period	5 years
Subsequent Event [Member] | Preferred Stock [Member] | Tao [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross	$ 8,700,000
Subsequent Event [Member] | Common Stock [Member] | Tao [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	62.50%
Payments to Acquire Businesses, Gross	$ 181,000,000
Tao [Member] | Secured Debt [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Debt Instrument, Face Amount	$ 110,000,000
Debt Instrument, Term	5 years
Tao [Member] | Revolving Credit Facility [Member] | Collateral Pledged [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 12,000,000
Debt Instrument, Term	5 years

Computation of Earnings (loss42

Computation of Earnings (loss) per Common Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Computation of Earnings (loss) per Common Share [Abstract]
Weighted-average shares for basic EPS	23,971	24,971	24,013	24,949
Dilutive effect of shares issuable under share-based compensation plans	172	84	179	82
Weighted-average shares for diluted EPS	24,143	25,055	24,192	25,031
Anti-dilutive shares	7	4	6	2

Team Personnel Transactions (De

Team Personnel Transactions (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016
Team Personnel Transactions And Insurance Recoveries [Abstract]
Provisions for Team Personnel Transactions net of insurance recoveries	$ 980	$ 5,990

Investments and Loans to Nonc44

Investments and Loans to Nonconsolidated Affiliates (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
		Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Schedule of Investments [Line Items]
Investments			$ 148,693		$ 151,311
Advances to Affiliates			115,791		112,235
Investments and loans to nonconsolidated affiliates			264,484		$ 263,546
Impairment of cost method investment		$ 4,080	$ 0	$ 4,080
Azoff MSG Entertainment LLC [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage			50.00%
Brooklyn Bowl Las Vegas LLC [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage			74.00%		74.00%
Equity Method Investment, Ownership Percentage after Change			20.00%		20.00%
Advances to Affiliates, Interest Receivable			$ 62		$ 62
Payment in Kind (PIK) Note [Member] | Tribeca Enterprises, LLC [Member]
Schedule of Investments [Line Items]
Advances to Affiliates			451		95
Cost-method Investments [Member] | Other Cost Method Investments [Member]
Schedule of Investments [Line Items]
Investments			4,098		3,794
Advances to Affiliates			1,678		1,678
Investments and loans to nonconsolidated affiliates			$ 5,776		$ 5,472
Equity Method Investments [Member] | Azoff MSG Entertainment LLC [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage			50.00%		50.00%
Investments			$ 108,194		$ 112,147
Advances to Affiliates			97,500		97,500
Investments and loans to nonconsolidated affiliates			205,694		209,647
Equity Method Investments [Member] | Brooklyn Bowl Las Vegas LLC [Member]
Schedule of Investments [Line Items]
Investments	[1]		0		0
Advances to Affiliates	[2]		2,662		2,662
Investments and loans to nonconsolidated affiliates			$ 2,662		$ 2,662
Equity Method Investments [Member] | Tribeca Enterprises, LLC [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage			50.00%		50.00%
Investments			$ 15,770		$ 13,736
Advances to Affiliates	[3]		13,951		10,395
Investments and loans to nonconsolidated affiliates			$ 29,721		$ 24,131
Equity Method Investments [Member] | Fuse Media, LLC [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage			15.00%		15.00%
Investments			$ 20,631		$ 21,634
Investments and loans to nonconsolidated affiliates			$ 20,631		$ 21,634
[1]	The Company is entitled to receive back its capital, which was 74% of BBLV’s total capital as of December 31, 2016 and June 30, 2016, plus a preferred return, after which the Company would own a 20% interest in BBLV.
[2]	Represents outstanding loan balance, inclusive of amounts due to the Company for interest of $62 as of December 31, 2016 and June 30, 2016.
[3]	Includes outstanding payments-in-kind (“PIK”) interest of $451 and $95 as of December 31, 2016 and June 30, 2016, respectively. PIK interest owed does not reduce availability under the revolving credit facility.

Investments and Loan to Noncons

Investments and Loan to Nonconsolidated Affiliates (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Investments and Loans to Non-consolidated Affiliates (narrative) [Abstract]
Impairment of cost method investment	$ 4,080	$ 0	$ 4,080

Goodwill and Intangible Asset46

Goodwill and Intangible Assets (Carrying Amount of Goodwill By Reportable Segment) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Dec. 31, 2016	Jun. 30, 2016
Goodwill [Line Items]
Goodwill		$ 289,704	$ 277,166
Impairment of goodwill	$ 0
Madison Square Garden Entertainment [Member]
Goodwill [Line Items]
Goodwill		71,517	58,979
Madison Square Garden Sports [Member]
Goodwill [Line Items]
Goodwill		$ 218,187	$ 218,187

Goodwill and Intangible Asset47

Goodwill and Intangible Assets (Schedule of Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2016	Dec. 31, 2016	Jun. 30, 2016
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets		$ 166,850	$ 166,850
Impairment of indefinite-lived intangible assets	$ 0
Sports franchises [Member] | Madison Square Garden Sports [Member]
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets		101,429	101,429
Trademarks [Member] | Madison Square Garden Entertainment [Member]
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets		62,421	62,421
Photographic related rights [Member] | Madison Square Garden Sports [Member]
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets		$ 3,000	$ 3,000

Goodwill and Intangible Asset48

Goodwill and Intangible Assets (Schedule of Intangible Assets Subject To Amortization) (Details) - USD ($) $ in Thousands	Jul. 01, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Gross		$ 89,141		$ 89,141		$ 77,341
Accumulated Amortization		(64,844)		(64,844)		(61,612)
Net		24,297		24,297		15,729
Finite-Lived Intangible Assets, Amortization Expense		1,616	$ 1,734	3,232	$ 3,469
Season Ticket Holder Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross		73,124		73,124		73,124
Accumulated Amortization		(61,808)		(61,808)		(59,178)
Net		11,316		11,316		13,946
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross		16,017		16,017		4,217
Accumulated Amortization		(3,036)		(3,036)		(2,434)
Net		$ 12,981		$ 12,981		$ 1,783
Minimum [Member] | BCE [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Maximum [Member] | BCE [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	15 years

Commitments and Contingencies L

Commitments and Contingencies Legal Matters (Details)	Dec. 31, 2016
Azoff MSG Entertainment LLC [Member]
Loss Contingencies [Line Items]
Equity Method Investment, Ownership Percentage	50.00%

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value, Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 1,438,862	$ 1,443,317
Commercial Paper [Member] | Level I [Member]
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	73,472	79,968
Money market accounts [Member] | Level I [Member]
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	139,543	159,881
Time deposits [Member] | Level I [Member]
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	1,192,450	1,202,681
Marketable Securities [Member] | Level I [Member]
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	787
Available-for-sale Securities [Member] | Level I [Member]
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 33,397	$ 0

Fair Value Measurements Schedul

Fair Value Measurements Schedule of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2016		Jun. 30, 2016
Schedule Of Financial Instruments [Line Items]
Available-for-sale Securities, Cost Basis	$ 23,222
Available-for-sale Securities, Gross Unrealized Gain	10,175
Notes Receivable [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets	7,090		$ 7,090
Fair Value Of Financial Instrument Assets	7,090		7,090
Marketable Securities [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets	0		787
Fair Value Of Financial Instrument Assets	0		787
Available-for-sale Securities [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets	33,397	[1]	0
Fair Value Of Financial Instrument Assets	$ 33,397	[1]	$ 0
[1]	Aggregate cost basis for available-for-sale securities, including transaction costs, was $23,222 as of December 31, 2016. The unrealized gain recorded in accumulated other comprehensive income was $10,175 as of December 31, 2016.

Credit Facilities (Details)

Credit Facilities (Details) - USD ($)	Jan. 31, 2017	Jan. 25, 2017	Sep. 30, 2016	Dec. 31, 2016
Knicks [Member] | Collateral Pledged [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 200,000,000
Debt Instrument, Term			5 years
Debt Instrument, Covenant Description				a debt service ratio of 1.5:1.0 over a trailing four quarter period
Debt Instrument, Covenant Compliance				Knicks LLC was in compliance with this financial covenant.
Debt Instrument, Interest Rate Terms				Borrowings bear interest at a floating rate, which at the option of Knicks LLC may be either (i) a base rate plus a margin ranging from 0.00% to 0.125% per annum or (ii) LIBOR plus a margin ranging from 1.00% to 1.125% per annum.
Line of Credit Facility, Amount Outstanding				$ 0
Debt Instrument, Collateral				All obligations under the Knicks Revolving Credit Facility are secured by a first lien security interest in certain of Knicks LLC’s assets, including, but not limited to, (i) the Knicks LLC’s membership rights in the NBA and (ii) revenues to be paid to the Knicks LLC by the NBA pursuant to certain U.S. national broadcast agreements.
Debt Instrument, Subjective Acceleration Clause				Knicks LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the Knicks Revolving Credit Facility is greater than 350% of qualified revenues.
Debt Instrument, Restrictive Covenants				The Knicks Revolving Credit Facility contains certain restrictions on the ability of Knicks LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the Knicks Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the Knicks Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any Knicks LLC’s collateral.
Debt Issuance Costs, Gross				$ 2,112,000
Knicks [Member] | Collateral Pledged [Member] | Minimum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage				0.20%
Knicks [Member] | Collateral Pledged [Member] | Maximum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage				0.25%
Knicks [Member] | Collateral Pledged [Member] | Other Current Assets [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt Issuance Costs, Net				$ 422,000
Knicks [Member] | Collateral Pledged [Member] | Other Noncurrent Assets [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Debt Issuance Costs, Net				1,584,000
Knicks [Member] | Uncollateralized [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 15,000,000
Debt Instrument, Term			1 year
Line of Credit Facility, Amount Outstanding				$ 0
Subsequent Event [Member] | Rangers [Member] | Collateral Pledged [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 150,000,000
Debt Instrument, Term		5 years
Debt Instrument, Covenant Description		a debt service ratio of 1.5:1.0 over a trailing four quarter period
Debt Instrument, Covenant Compliance		Rangers LLC was in compliance with this financial covenant on the closing date.
Debt Instrument, Interest Rate Terms		Borrowings bear interest at a floating rate, which at the option of Rangers LLC may be either (i) a base rate plus a margin ranging from 0.125% to 0.50% per annum or (ii) LIBOR plus a margin ranging from 1.125% to 1.50% per annum.
Line of Credit Facility, Amount Outstanding		$ 0
Debt Instrument, Collateral		All obligations under the Rangers Revolving Credit Facility are secured by a first lien security interest in certain of Rangers LLC’s assets, including, but not limited to, (i) Rangers LLC’s membership rights in the NHL, (ii) revenues to be paid to Rangers LLC by the NHL pursuant to certain U.S. and Canadian national broadcast agreements, and (iii) revenues to be paid to Rangers LLC pursuant to local media contracts.
Debt Instrument, Subjective Acceleration Clause		Rangers LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the Rangers Revolving Credit Facility is less than 17% of qualified revenues.
Debt Instrument, Restrictive Covenants		The Rangers Revolving Credit Facility contains certain restrictions on the ability of Rangers LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the Rangers Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the Rangers Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any of Rangers LLC’s assets securing the obligations under the Rangers Revolving Credit Facility.
Subsequent Event [Member] | Rangers [Member] | Collateral Pledged [Member] | Minimum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage		0.375%
Subsequent Event [Member] | Rangers [Member] | Collateral Pledged [Member] | Maximum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage		0.625%
Subsequent Event [Member] | Tao [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Covenant Description	The TAO Credit Facilities require TAOIH (i) to maintain, for the relevant TAO entities, a minimum consolidated liquidity of $5,000 at all times, (ii) to comply with a maximum total net leverage ratio of 4.00:1.00 initially and stepping down over time to 2.50:1.00 by the first quarter of fiscal year 2021 and through the remainder of the term of the TAO Credit Facilities, and (iii) to comply with a minimum fixed charge coverage ratio of 1.50:1.00 initially and stepping down over time to 1.15:1.00 by the second quarter of fiscal year 2021 and through the remainder of the term of the TAO Credit Facilities.
Debt Instrument, Covenant Compliance	TAOIH was in compliance with these financial covenants on the closing date.
Debt Instrument, Interest Rate Terms	Borrowings bear interest at a floating rate, which at the option of TAOG may be either (i) a base rate plus a margin ranging from 6.50% to 7.00% per annum or (ii) LIBOR plus a margin ranging from 7.50% to 8.00% per annum.
Line of Credit Facility, Commitment Fee Percentage	0.50%
Debt Instrument, Collateral	All obligations under the TAO Credit Facilities are secured by a first lien security interest in substantially all of the applicable TAO entities’ assets, including, but not limited to, a pledge of all of the capital stock of substantially all of TAOIH’s wholly-owned domestic subsidiaries and 65% of the voting capital stock, and 100% of the non-voting capital stock, of each of its first-tier foreign subsidiaries.
Debt Instrument, Subjective Acceleration Clause	TAOG is also required to make mandatory prepayments under the TAO Credit Facilities in certain circumstances, including, without limitation, 75% of excess cash flow, with a step-down to 50% when the total net leverage ratio is less than 2.00:1.00.
Debt Instrument, Restrictive Covenants	The TAO Credit Facilities contain certain restrictions on the ability of TAOG to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the TAO Credit Facilities, including, without limitation, the following: (i) incurring additional indebtedness; (ii) creating liens on assets; (iii) making distributions, dividends and other restricted payments; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; (vi) making investments; and (vii) prepaying certain indebtedness.
Debt Instrument, Payment Terms	Subject to customary notice and minimum amount conditions, TAOG may voluntarily prepay outstanding loans under the TAO Credit Facilities at any time, in whole or in part (subject to customary breakage costs with respect to LIBOR loans) with premiums due in respect of prepayments of the TAO Term Loan Facility or permanent reduction under the TAO Revolving Credit Facility, in each case, starting at 5.0% initially and stepping down to 0% after three years. TAOG is required to make scheduled amortization payments under the TAO Term Loan Facility in consecutive quarterly installments equal to $687.5 per quarter initially and stepping up over time to $4,125 per quarter commencing March 31, 2021 through the final maturity date of the TAO Term Loan Facility with the final balance payable on such maturity date.
Subsequent Event [Member] | Tao [Member] | Collateral Pledged [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 12,000,000
Debt Instrument, Term	5 years
Secured Debt [Member] | Subsequent Event [Member] | Tao [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Term	5 years
Debt Instrument, Face Amount	$ 110,000,000
Capital Expenditures [Member] | Subsequent Event [Member] | Tao [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Restrictive Covenants	The TAO entities under the TAO Credit Facilities are also subject to certain limitations with respect to making capital expenditures based upon the total net leverage ratio and other factors. The restrictions on capital expenditures are subject to certain “carry-forward” provisions and other customary carve-outs.

Accumulated Other Comprehensi53

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss), Pension and Postretirement, Beginning Balance				$ (42,611)	$ (40,215)
Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Distribution					5,896
Net unamortized losses arising during the period		$ 0	$ 0	0	(602)
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, before Tax	[1]			663	517
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax (If Applicable)				663	(85)
Accumulated Other Comprehensive Income (Loss), Pension and Postretirement Benefit Plans, Ending Balance		(41,948)	(34,404)	(41,948)	(34,404)
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities, Beginning Balance				0
Net changes related to available-for-sale securities		3,433	0	10,175	0
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax (If Applicable)				10,175
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities, Ending Balance		10,175		10,175
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance				(42,611)	(40,215)
Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Distribution					5,896
Other Comprehensive Income (Loss), before Reclassifications, before Tax				10,175	(602)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax				663	517
Other Comprehensive Income (Loss), Tax		3,126	0	0	0
Other Comprehensive Income (Loss), Net of Tax (If Applicable)		6,890	235	10,838	(85)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance		$ (31,773)	$ (34,404)	$ (31,773)	$ (34,404)
[1]	Amounts reclassified from accumulated other comprehensive loss, before income taxes, represent amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected in direct operating expenses and selling, general and administrative expenses in the accompanying consolidated and combined statements of operations (see Note 12).

Pension Plans and Other Postr54

Pension Plans and Other Postretirement Benefit Plan (Schedule of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Dec. 31, 2016		Dec. 31, 2015	Dec. 31, 2016		Dec. 31, 2015
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Defined Benefit Plan Effect Of Change in Accounting Estimate On Net Periodic Benefit Cost	$ 290			$ 580
Pension Plans [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	23	[1]	$ 1,502	46	[1]	$ 3,014
Interest cost	1,240	[1]	1,680	2,480	[1]	3,609
Expected return on plan assets	(596)		(740)	(1,192)		(1,480)
Recognized actuarial loss	344		255	688		554
Amortization of unrecognized prior service cost (credit)	0		0	0		14
Net periodic benefit cost	1,011		2,697	2,022		5,711
Postretirement Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	34	[1]	32	68	[1]	82
Interest cost	40	[1]	58	81	[1]	149
Expected return on plan assets	0		0	0		0
Recognized actuarial loss	0		0	0		0
Amortization of unrecognized prior service cost (credit)	(13)		(20)	(25)		(51)
Net periodic benefit cost	$ 61		$ 70	$ 124		$ 180
[1]	Effective July 1, 2016, the Company changed the approach used to measure service and interest cost components of net periodic benefit costs for Pension Plans and Postretirement Plan. Previously, the Company measured service and interest costs utilizing a single weighted-average discount rate derived from the yield curve used to measure the plans’ obligations. Beginning fiscal year 2017, the Company elected to measure service and interest costs by applying the specific spot rates along that yield curve to the plans’ liability cash flows (“Spot Rate Approach”). The Company believes the Spot Rate Approach provides a more precise measurement of service and interest costs by improving the correlation between projected benefit cash flows and their corresponding spot rates on the yield curve. This change does not affect the measurement of the plans’ obligations and it is accounted for as a change in accounting estimate, which is applied prospectively. This change in estimate reduced the Company’ s pension and postretirement net periodic cost by approximately $290 and $580 for the three and six months ended December 31, 2016, respectively, relative to the estimated pension expense had the Company not changed the approach.

Pension Plans And Other Postr55

Pension Plans And Other Postretirement Benefit Plan (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2016	Dec. 31, 2015
Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost	$ 1,011	$ 2,697		$ 2,022	$ 5,711
Pension Plans [Member] | MSG Networks [Member] | Employee [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost			$ 485		485
Pension Plans [Member] | MSG Networks [Member] | Corporate Employee [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost			229		229
Postretirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost	$ 61	$ 70		$ 124	180
Postretirement Plan [Member] | MSG Networks [Member] | Employee [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost			18		18
Postretirement Plan [Member] | MSG Networks [Member] | Corporate Employee [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost			$ 11		$ 11

Defined Contribution Plan (Narr

Defined Contribution Plan (Narrative) (Details) - MSG Networks [Member] - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2016	Dec. 31, 2015
MSG Union Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost Recognized	$ 28	$ 27		$ 50	$ 45
Employee [Member] | MSG Saving Plans [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost Recognized	$ 1,984	$ 868		$ 3,946	1,700
Corporate Employee [Member] | MSG Saving Plans [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost Recognized			$ 89		$ 89

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated Share-based Compensation Expense	$ 11,743	$ 7,154	$ 20,098	$ 10,259

Schedule of Share-based Compens

Schedule of Share-based Compensation, Restricted Stock Units Award Activity (Details) - Restricted Stock Units (RSUs) [Member] shares in Thousands	6 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 167.51
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares	170.98
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value | $ / shares	143.82
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ / shares	159.34
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 172.15
Non-Performance Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance	172
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	111
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(64)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(7)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance	212
Performance Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance	313
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	181
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(24)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(1)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance	469

Share-Based Compensation Restri

Share-Based Compensation Restricted Stock Units Awards Activity (Narrative) (Details) - USD ($) shares in Thousands, $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payments Related to Tax Withholding for Share-based Compensation	$ 7,034	$ 48
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 15,209
Shares Paid for Tax Withholding for Share Based Compensation	33
Payments Related to Tax Withholding for Share-based Compensation	$ 5,702

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($) shares in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Sep. 11, 2015
Stock Repurchase Program [Abstract]
Stock Repurchase Program, Authorized Amount			$ 525,000,000
Treasury Stock, Shares, Acquired	406
Treasury Stock, Value, Acquired, Cost Method	$ 72,277,000	$ 15,716,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 347,009,000

Related Party Transactions (Own

Related Party Transactions (Ownership Percentage) (Details)	Dec. 31, 2016
Related Party Ownership Percentage [Line Items]
Aggregate Voting Power Held By Related Party	70.80%
Common Class A [Member]
Related Party Ownership Percentage [Line Items]
Percentage of Common Stock Owned by Related Party	2.80%
Common Class B [Member]
Related Party Ownership Percentage [Line Items]
Percentage of Common Stock Owned by Related Party	100.00%

Related Party Transactions (Tra

Related Party Transactions (Transactions by Type) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Revenues	$ 39,040	$ 41,321	$ 72,881	$ 74,880
Consulting fees	942	366	1,919	434
Advertising	475	777	595	945
Other, net	(152)	40	(134)	47
MSG Networks [Member]
Related Party Transaction [Line Items]
Corporate general and administrative, net	$ (2,406)	(2,196)	$ (4,895)	(33,787)
Affiliate, Altice USA [Member]
Related Party Transaction [Line Items]
Transactions with Altice USA		$ 1,749		$ 2,454

Related Party Transactions (Nar

Related Party Transactions (Narative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Related party transaction, transition services agreement	$ 2,118	$ 2,229	$ 4,166	$ 2,229

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Sep. 21, 2015
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 3,248	$ (70)	$ 314	$ 52
Effective Income Tax Rate Reconciliation, Percent	5.40%	(0.20%)	1.10%	0.10%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%	35.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$ 22,123	$ 20,800	$ 11,115	$ 20,800
Available-for-sale Securities, Income Tax Expense on Change in Unrealized Holding Gain (Loss)	3,126
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amount	$ 1,012		$ 1,342
Deferred Tax Assets, Deferred Income					$ 348,000

Segment Information Segment Inf

Segment Information Segment Information (Narrative) (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2016segments	Dec. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments | segments		2
Operating Income (Loss) [Member] | Operating Segments [Member] | Madison Square Garden Sports [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Due To Change In Corporate Allocation To The Segments	$ 721		$ 2,649
Operating Income (Loss) [Member] | Operating Segments [Member] | Madison Square Garden Entertainment [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Due To Change In Corporate Allocation To The Segments	34		570
Operating Income (Loss) [Member] | Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Due To Change In Corporate Allocation To The Segments	(755)		(3,219)
Adjusted Operating Income (Loss) [Member] | Operating Segments [Member] | Madison Square Garden Sports [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Due To Change In Corporate Allocation To The Segments	849		2,486
Adjusted Operating Income (Loss) [Member] | Operating Segments [Member] | Madison Square Garden Entertainment [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Due To Change In Corporate Allocation To The Segments	662		1,597
Adjusted Operating Income (Loss) [Member] | Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Increase (Decrease) Due To Change In Corporate Allocation To The Segments	$ (1,511)		$ (4,083)

Segment Information (Schedule o

Segment Information (Schedule of Segment Reporting Information by Segment) (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Dec. 31, 2016	Dec. 31, 2015		Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenues	[1]	$ 445,150	$ 410,838		$ 626,845	$ 561,219
Direct operating expenses	[2]	266,673	249,632		378,080	320,982
Selling, general and administrative expenses	[3]	94,260	86,262		171,281	144,630
Depreciation and amortization		25,966	25,905		52,076	51,145
Operating income (loss)		58,251	49,039		25,408	44,462
Earnings (loss) in equity method investments		(1,188)	(2,475)		(2,182)	204
Interest income	[4]	2,692	1,448		5,091	2,405
Interest expense		(491)	(514)		(901)	(1,054)
Miscellaneous income (expense)	[5]	1,405	(4,080)		1,405	(4,080)
Income from operations before income taxes		60,669	43,418		28,821	41,937
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		58,251	49,039		25,408	44,462
Share-based compensation expense		11,743	7,154		20,098	10,259
Depreciation and amortization		25,966	25,905		52,076	51,145
Adjusted operating income (loss)		95,960	82,098		97,582	105,866
Other Information:
Capital expenditures		13,424	7,399		21,766	59,681
Operating Segments [Member] | Madison Square Garden Entertainment [Member]
Segment Reporting Information [Line Items]
Revenues		192,485	181,087	[6]	303,183	258,113	[6]
Direct operating expenses		106,464	110,477		198,322	167,478
Selling, general and administrative expenses		26,442	23,806	[6]	49,882	41,614	[6]
Depreciation and amortization		2,833	2,528		5,519	5,102
Operating income (loss)		56,746	44,276	[6]	49,460	43,919	[6]
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		56,746	44,276	[6]	49,460	43,919	[6]
Share-based compensation expense		4,076	2,088	[6]	7,615	3,004	[6]
Depreciation and amortization		2,833	2,528		5,519	5,102
Adjusted operating income (loss)		63,655	48,892	[6]	62,594	52,025	[6]
Other Information:
Capital expenditures		5,434	328		6,794	917
Operating Segments [Member] | Madison Square Garden Sports [Member]
Segment Reporting Information [Line Items]
Revenues		252,665	229,533	[6]	323,662	302,681	[6]
Direct operating expenses		160,209	139,155		179,758	153,504
Selling, general and administrative expenses		49,346	47,075	[6]	88,859	83,035	[6]
Depreciation and amortization		2,905	2,769		5,523	5,629
Operating income (loss)		40,205	40,534	[6]	49,522	60,513	[6]
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		40,205	40,534	[6]	49,522	60,513	[6]
Share-based compensation expense		4,100	2,453	[6]	7,584	4,027	[6]
Depreciation and amortization		2,905	2,769		5,523	5,629
Adjusted operating income (loss)		47,210	45,756	[6]	62,629	70,169	[6]
Other Information:
Capital expenditures		693	1,562		2,357	3,329
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Revenues		0	218		0	425
Direct operating expenses		0	0		0	0
Selling, general and administrative expenses	[7]	18,472	15,381		32,540	19,981
Depreciation and amortization		20,228	20,608		41,034	40,414
Operating income (loss)		(38,700)	(35,771)		(73,574)	(59,970)
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(38,700)	(35,771)		(73,574)	(59,970)
Share-based compensation expense		3,567	2,613		4,899	3,228
Depreciation and amortization		20,228	20,608		41,034	40,414
Adjusted operating income (loss)		(14,905)	(12,550)		(27,641)	(16,328)
Other Information:
Capital expenditures		$ 7,297	$ 5,509		$ 12,615	$ 55,435	[8]
[1]	Include revenues from related parties of $39,040 and $41,321 for the three months ended December 31, 2016 and 2015, respectively, and $72,881 and $74,880 for the six months ended December 31, 2016 and 2015, respectively.
[2]	Include net charges from (to) related parties of $475 and $1,036 for the three months ended December 31, 2016 and 2015, respectively, and $689 and $(35) for the six months ended December 31, 2016 and 2015, respectively.
[3]	Include net charges to related parties of $(1,616) and $(300) for the three months ended December 31, 2016 and 2015, respectively, and $(3,204) and $(29,872) for the six months ended December 31, 2016 and 2015, respectively.
[4]	Includes interest income from nonconsolidated affiliates of $1,114 and $671 for the three months ended December 31, 2016 and 2015, respectively, and $1,979 and $1,306 for the six months ended December 31, 2016 and 2015, respectively.
[5]	Miscellaneous income for the three and six months ended December 31, 2016 consists principally of the recovery of certain claims in connection with a third party bankruptcy proceeding. Miscellaneous expenses for the three and six months ended December 31, 2015 primarily include partial write-down of one of the Company’s cost method investments (see Note 6).
[6]	During the three months ended December 31, 2015, for segment reporting purposes, ad sales commission revenues and associated expenses were allocated 50% to each of our MSG Entertainment and MSG Sports segments. Effective January 1, 2016, the Company began presenting all of its ad sales commission revenues and associated expenses within the MSG Sports segment. The segments’ operating results for the three and six months ended December 31, 2015 have been restated to reflect this change.
[7]	Consists of unallocated corporate general and administrative costs
[8]	Capital expenditures for the six months ended December 31, 2015 are primarily associated with the purchase of an aircraft, as well as certain investments with respect to The Garden.

Subsequent Events (Details)

Subsequent Events (Details)	Jan. 31, 2017
Tao [Member] | Common Stock [Member] | Subsequent Event [Member]
Subsequent Events [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	62.50%