Madison Square Garden Sports (MSGS) 10-Q 8 Nov 19 2020 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Sep. 30, 2019	Oct. 31, 2019
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	1-36900
Entity Registrant Name	Madison Square Garden Co
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-3373056
Entity Address, Address Line One	Two Penn Plaza
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10121
City Area Code	212
Local Phone Number	465-6000
Title of 12(b) Security	Class A Common Stock
Trading Symbol	MSG
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001636519
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Class A Common Stock [Member]
Entity Common Stock, Shares Outstanding		19,353,383
Class B Common Stock [Member]
Entity Common Stock, Shares Outstanding		4,529,517

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2019	Jun. 30, 2019
Current Assets:
Cash and cash equivalents		$ 952,186	$ 1,086,372
Restricted cash	[1]	31,349	31,529
Short-term investments		104,597	108,416
Accounts receivable, net		120,880	96,856
Net related party receivables		1,528	1,483
Prepaid expenses		82,134	45,150
Other current assets		43,085	43,303
Total current assets		1,335,759	1,413,109
Investments and loans to nonconsolidated affiliates		64,252	84,560
Property and equipment, net of accumulated depreciation and amortization of $791,031 and $766,065 as of September 30, 2019 and June 30, 2019, respectively		1,456,055	1,380,392
Right-of-use lease assets		251,346
Amortizable intangible assets, net		172,607	220,706
Indefinite-lived intangible assets		176,485	176,485
Goodwill		392,513	392,513
Other assets		112,617	95,786
Total assets		3,961,634	3,763,551
Current Liabilities:
Accounts payable		26,398	25,009
Net related party payables, current		4,109	19,048
Current portion of long-term debt, net of deferred financing costs		4,792	6,042
Accrued liabilities:
Employee related costs		77,319	137,660
Other accrued liabilities		214,599	211,403
Operating lease liabilities, current		51,426
Collections due to promoters		65,104	67,212
Deferred revenue		416,475	293,410
Total current liabilities		860,222	759,784
Related party payables, noncurrent		172	172
Long-term debt, net of deferred financing costs		47,378	48,556
Operating lease liabilities, noncurrent		198,709
Defined benefit and other postretirement obligations		33,920	41,318
Other employee related costs		66,862	62,015
Deferred tax liabilities, net		79,399	79,098
Other liabilities		62,526	66,221
Total liabilities		1,349,188	1,057,164
Commitments and contingencies (see Note 9)
Redeemable noncontrolling interests		67,464	67,627
The Madison Square Garden Company Stockholders’ Equity:
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of September 30, 2019 and June 30, 2019		0	0
Additional paid-in capital		2,819,449	2,845,961
Treasury stock, at cost, 1,094 and 1,219 shares as of September 30, 2019 and June 30, 2019, respectively		(186,583)	(207,790)
Retained earnings (accumulated deficit)		(50,978)	29,003
Accumulated other comprehensive loss		(56,602)	(46,923)
Total The Madison Square Garden Company stockholders’ equity		2,525,535	2,620,500
Nonredeemable noncontrolling interests		19,447	18,260
Total equity		2,544,982	2,638,760
Total liabilities, redeemable noncontrolling interests and equity		3,961,634	3,763,551
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
[1]	See Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
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	1,094,000	1,219,000
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 791,031	$ 766,065
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	19,353,000	19,229,000
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 Statements Of Oper

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Revenues (a)	[1]	$ 214,782	$ 218,135
Operating expenses:
Direct operating expenses (b)	[2]	132,464	123,909
Selling, general and administrative expenses (c)	[3]	142,645	115,321
Depreciation and amortization		28,991	29,690
Operating loss		(89,318)	(50,785)
Other income (expense):
Earnings (loss) in equity method investments		(1,473)	10,525
Interest income (d)		7,316	7,174	[4]
Interest expense		(1,841)	(4,033)
Miscellaneous income, net	[5]	5,078	3,767
Nonoperating income		9,080	17,433
Loss from operations before income taxes		(80,238)	(33,352)
Income tax expense		(428)	(696)
Net loss		(80,666)	(34,048)
Less: Net loss attributable to redeemable noncontrolling interests		(163)	(513)
Less: Net loss attributable to nonredeemable noncontrolling interests		(522)	(1,323)
Net loss attributable to The Madison Square Garden Company’s stockholders		$ (79,981)	$ (32,212)
Basic loss per common share attributable to The Madison Square Garden Company’s stockholders		$ (3.36)	$ (1.36)
Diluted loss per common share attributable to The Madison Square Garden Company’s stockholders		$ (3.36)	$ (1.36)
Weighted-average number of common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic		23,827	23,708
Weighted Average Number of Shares Outstanding, Diluted		23,827	23,708
[1]	Includes revenues from related parties of $7,064 and $6,734 for the three months ended September 30, 2019 and 2018 , respectively.
[2]	Includes net charges from related parties of $221 and $164 for the three months ended September 30, 2019 and 2018 , respectively.
[3]	Includes net charges to related parties of $2,691 and $1,669 for the three months ended September 30, 2019 and 2018 , respectively.
[4]	Includes interest income from nonconsolidated affiliates of $1,153 for the three months ended September 30, 2018 , respectively.
[5]	Miscellaneous income, net for the three months ended September 30, 2019 and 2018 includes $5,293 and $4,364 , respectively, of unrealized gain for the Company’s investment in Townsquare in accordance with ASU No. 2016-01. In addition, miscellaneous income, net for the three months ended September 30, 2019 and 2018 also includes non-service cost components of net periodic pension and postretirement benefit cost in accordance with ASU No. 2017-07. See Note 12

Consolidated Statements Of Op_2

Consolidated Statements Of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Related Party Transaction [Line Items]
Revenues from related parties	$ 7,064	$ 6,734
Direct operating expenses from (to) related parties	221	164
Selling, general and administrative expenses from (to) related parties	$ (2,691)	(1,669)
Other nonconsolidated affiliate [Member]
Related Party Transaction [Line Items]
Interest income from related party		$ 1,153

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net loss	$ (80,666)	$ (34,048)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of actuarial loss included in net periodic benefit cost	339	328
Amortization of prior service credit included in net periodic benefit cost	0	(1)
Other Comprehensive Income, Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	339	327
Cumulative translation adjustments	(10,018)	(951)
Other comprehensive loss	(9,679)	(624)
Comprehensive loss	(90,345)	(34,672)
Less: Comprehensive loss attributable to redeemable noncontrolling interests	(163)	(513)
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	(522)	(1,323)
Comprehensive loss attributable to The Madison Square Garden Company’s stockholders	$ (89,660)	$ (32,836)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash flows from operating activities:
Net loss	$ (80,666)	$ (34,048)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	28,991	29,690
Provision for deferred income taxes	301	683
Share-based compensation expense	16,891	10,189
Loss (earnings) in equity method investments, net of income distributions	1,473	(10,525)
Purchase accounting adjustments associated with leases	2,276	954
Unrealized gains on equity investment with readily determinable fair value	(5,293)	(4,364)
Other non-cash adjustments	838	606
Change in assets and liabilities:
Accounts receivable, net	(24,855)	(23,158)
Net related party receivables	(45)	(1,035)
Prepaid expenses and other assets	(49,331)	(41,582)
Accounts payable	1,389	2,591
Net related party payables	(14,939)	(10,582)
Accrued and other liabilities	(30,859)	(71,949)
Collections due to promoters	(2,108)	(11,086)
Deferred revenue	121,757	118,944
Operating lease right-of-use assets and lease liabilities	(54)
Net cash used in operating activities	(34,234)	(44,672)
Cash flows from investing activities:
Capital expenditures	(92,986)	(42,015)
Proceeds from insurance recoveries	476
Payments for acquisition of assets	(1,000)	0
Purchase of short-term investments	(106,063)	0
Proceeds from maturity of short-term investment	106,587	0
Investments and loans to nonconsolidated affiliates	0	(44,727)
Proceeds from sale of nonconsolidated affiliate	18,000	0
Cash received (paid) for notes receivable	750	(7,761)
Net cash used in investing activities	(74,236)	(94,503)
Cash flows from financing activities:
Taxes paid in lieu of shares issued for equity-based compensation	(23,446)	(16,712)
Noncontrolling interest holders capital contribution	2,000	3,173
Distributions to noncontrolling interest holders	0	(259)
Loans from noncontrolling interest holders	0	408
Principal repayment on long-term debt	(2,500)	(3,242)
Net cash used in financing activities	(23,946)	(16,632)
Effect of exchange rates on cash, cash equivalents and restricted cash	(1,950)	400
Net decrease in cash, cash equivalents and restricted cash	(134,366)	(155,407)
Cash, cash equivalents and restricted cash at beginning of period	1,117,901	1,256,620
Cash, cash equivalents and restricted cash at end of period	983,535	1,101,213
Non-cash investing and financing activities:
Capital expenditures incurred but not yet paid	43,841	7,279
Tenant improvement paid by landlord	98	1,313
Share-based compensation capitalized in property and equipment	$ 1,250	$ 0

Consolidated Statements Of Equi

Consolidated Statements Of Equity And Redeemable Noncontrolling Interests - USD ($) $ in Thousands	Total	Common Stock Issued [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]	Nonredeemable Noncontrolling Interests [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2018	$ 2,554,035	$ 249	$ 2,817,873	$ (223,662)	$ (11,059)	$ (46,918)	$ 2,536,483	$ 17,552
Increase (Decrease) in Stockholders' Equity [Roll Forward]
New accounting pronouncement, effect of adoption | Adoption of ASU No. 2016-01					(5,570)	5,570
New accounting pronouncement, effect of adoption | Adoption of ASC Topic 606	34,205				34,205		34,205
Net income (loss) attributable to parent	(32,212)				(32,212)		(32,212)
Net income (loss) attributable to nonredeemable noncontrolling interests	(1,323)							(1,323)
Net income (loss) including portion attributable to nonredeemable noncontrolling interests	(33,535)
Other comprehensive income (loss)	(624)					(624)	(624)
Comprehensive income (loss) attributable to parent	(32,836)						(32,836)
Comprehensive income (loss) attributable to nonredeemable noncontrolling interests								(1,323)
Comprehensive income (loss) including portion attributable to nonredeemable noncontrolling interests	(34,159)
Share-based compensation	10,189		10,189				10,189
Tax withholding associated with shares issued for equity-based compensation	(17,831)		(17,831)				(17,831)
Common stock issued under stock incentive plans			(14,687)	14,687
Contributions from noncontrolling interest holders	3,317							3,317
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Sep. 30, 2018	2,549,756	249	2,795,544	(208,975)	(14,636)	(41,972)	2,530,210	19,546
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Jun. 30, 2018	76,684
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]
Net income (loss) attributable to redeemable noncontrolling interests	(513)
Comprehensive income (loss) attributable to redeemable noncontrolling interests	(513)
Distributions To Redeemable Noncontrolling Interest Holders	(259)
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Sep. 30, 2018	75,912
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2019	2,638,760	249	2,845,961	(207,790)	29,003	(46,923)	2,620,500	18,260
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to parent	(79,981)				(79,981)		(79,981)
Net income (loss) attributable to nonredeemable noncontrolling interests	(522)							(522)
Net income (loss) including portion attributable to nonredeemable noncontrolling interests	(80,503)
Other comprehensive income (loss)	(9,679)					(9,679)	(9,679)
Comprehensive income (loss) attributable to parent	(89,660)						(89,660)
Comprehensive income (loss) attributable to nonredeemable noncontrolling interests								(522)
Comprehensive income (loss) including portion attributable to nonredeemable noncontrolling interests	(90,182)
Share-based compensation	18,141		18,141				18,141
Tax withholding associated with shares issued for equity-based compensation	(23,446)		(23,446)				(23,446)
Common stock issued under stock incentive plans	0		(21,207)	21,207			0
Contributions from noncontrolling interest holders	1,709							1,709
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Sep. 30, 2019	2,544,982	$ 249	$ 2,819,449	$ (186,583)	$ (50,978)	$ (56,602)	$ 2,525,535	$ 19,447
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Jun. 30, 2019	67,627
Increase (Decrease) in Redeemable Noncontrolling Interests [Roll Forward]
Net income (loss) attributable to redeemable noncontrolling interests	(163)
Comprehensive income (loss) attributable to redeemable noncontrolling interests	(163)
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Sep. 30, 2019	$ 67,464

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	Sep. 30, 2019
Description of Business And Basis of Presentation [Abstract]
Description of Business and Basis of Presentation [Text Block]	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, including concerts and other live events, such as family shows, performing arts and special events, which are presented or hosted in the Company’s diverse collection of venues along with live offerings through TAO Group Holdings LLC (“ Tao Group Hospitality ”) and Boston Calling Events LLC (“ BCE ”). Tao Group Hospitality is a hospitality group with globally recognized entertainment, dining and nightlife brands including Tao, Marquee, Lavo, Avenue, Beauty & Essex and Cathédrale . BCE owns and operates New England’s premier Boston Calling Music Festival. MSG Entertainment also includes the Company’s original production — the Christmas Spectacular Starring the Radio City Rockettes (the “ Christmas Spectacular ”). 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 Hartford Wolf Pack of the American Hockey League (the “ AHL ”) and the Westchester Knicks of the NBA G League (the “ NBAGL ”). These professional sports franchises are collectively referred to herein as the “ sports teams .” For the three months ended September 30, 2018 , MSG Sports also included the New York Liberty (the “ Liberty ”) of the Women’s National Basketball Association (the “ WNBA ”), which was sold in January 2019. MSG Sports also includes other live sporting events, including professional boxing, college basketball, college hockey, professional bull riding, mixed martial arts, esports and college wrestling, all of which the Company promotes, produces and/or presents. In addition, MSG Sports includes Counter Logic Gaming (“ CLG ”), a premier North American esports organization, which the Company acquired in July 2017, and Knicks Gaming , the Company’s franchise that competes in the NBA 2K League. CLG and Knicks Gaming are collectively referred to herein as the “ esports teams ,” and together with the sports teams , the “ teams .” 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 Hulu 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. Additionally, Tao Group Hospitality operates various restaurants, nightlife and hospitality venues under long-term leases and management contracts in New York, Las Vegas, Los Angeles, Chicago, Australia and Singapore. The Company was incorporated on March 4, 2015 as an indirect, wholly-owned subsidiary of MSG Networks Inc. (“MSG Networks”), formerly known as The Madison Square Garden Company. On September 30, 2015, MSG Networks distributed all of the outstanding common stock of Madison Square Garden to MSG Networks’ stockholders. Potential Spin-off Transaction On June 27, 2018, the Company announced that its board of directors (“ Board ”) had authorized the Company’s management to explore a possible spin-off that would create a separately-traded public company comprised of its sports business, including the New York Knicks and New York Rangers professional sports franchises (“ Sports Spinco ”). On October 4, 2018, in connection with the distribution of Sports Spinco , a subsidiary of the Company submitted an initial Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (“ SEC ”) (which has been amended). Upon completion of the contemplated separation, record holders of the Company’s common stock would have received a pro-rata distribution, expected to be equivalent, in the aggregate, to an approximately two-thirds economic interest in Sports Spinco. The remaining common stock, equivalent to an approximately one-third economic interest in Sports Spinco, was to be retained by the Company and used primarily to fund a portion of construction costs of MSG Spheres in Las Vegas and London. In October 2019, the Board reassessed the desirability of the retained interest based on the evolving timeline of the MSG Sphere in London (and related capital needs), the Company’s access to liquidity and greater tax efficiencies. Based on those considerations, the Board authorized the Company’s management to proceed with pursuing the separation of the Company’s sports assets from its entertainment assets, but to do so without creating a retained interest. The expectation is that the separation will take the form of a pro-rata distribution of 100% of the stock of a new entity that owns the Company’s entertainment assets, with the Company’s stockholders continuing to own 100% of the Company, whose assets will consist of the Company’s sports business. The Company refers to the potential spin-off as the “ Entertainment Distribution .” There can be no assurance that the proposed transaction will be completed in the manner described above, or at all. Completion of the transaction would be subject to various conditions, including certain league approvals, receipt of a tax opinion from counsel and final Board approval. The Company will maintain the current operating structure and will continue to report the financial results of its entertainment business in continuing operations until the Entertainment Distribution is completed. Basis of Presentation The accompanying unaudited consolidated 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 SEC 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, 2019 (“ fiscal year 2019 ”). 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 MSG Entertainment 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. The dependence of MSG Sports 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.

Accounting Policies

Accounting Policies	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Accounting Policies [Text Block]	Accounting Policies Principles of Consolidation The consolidated financial statements of the Company include the accounts of The Madison Square Garden Company and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. In addition, the consolidated financial statements of the Company include the accounts from Tao Group Hospitality , BCE and CLG , in which the Company has controlling voting interests. The Company’s consolidation criteria are based on authoritative accounting guidance for voting interest, controlling interest or variable interest entities. Tao Group Hospitality , BCE and CLG are consolidated with the equity owned by other shareholders shown as redeemable or nonredeemable noncontrolling interests in the accompanying consolidated balance sheet s, and the other shareholders’ portion of net earnings (loss) and other comprehensive income (loss) shown as net income (loss) or comprehensive income (loss) attributable to redeemable or nonredeemable noncontrolling interests in the accompanying consolidated statements of operation s and consolidated statements of comprehensive income (loss) , respectively. See Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the classification of redeemable noncontrolling interests of Tao Group Hospitality . In addition, Tao Group Hospitality ’s results are reported on a three -month lag basis and Tao Group Hospitality reports on a fiscal year reflecting the retail calendar that ends on the last Sunday of the calendar year (containing 4-4-5 week calendar quarters). Accordingly, the Company’s results for the three months ended September 30, 2019 and 2018 include Tao Group Hospitality ’s operating results from April 1, 2019 to June 30, 2019 and from April 2, 2018 to July 1, 2018 , respectively. With the exception of the balances and activities pertaining to the Tao Group Hospitality ’s credit agreements entered into in May 2019, which are recorded as of September 30, 2019 and June 30, 2019 and for the period ended September 30, 2019 , as well as cash distributions, all other disclosures related to Tao Group Hospitality ’s financial position are therefore reported as of June 30, 2019 and March 31, 2019, as applicable. See Note 11 for Tao Group Hospitality ’s credit agreements entered in May 2019. 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 amount 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, income tax, performance and share-based compensation, depreciation and amortization, 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 are 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. Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In February 2016 , the Financial Accounting Standards Board (“ FASB ”) issued Accounting Standards Update (“ ASU ”) No. 2016-02, Leases (Topic 842) , which supersedes existing guidance on accounting for leases in Accounting Standards Codification (“ASC”) Topic 840, Leases. ASU No. 2016-02, among other things, requires (i) 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) extensive qualitative and quantitative disclosures about leasing activities. The accounting applied by a lessor is largely unchanged from that applied under previous accounting guidance. In January 2018, the FASB issued ASU No. 2018-01, Leases (Topic 842) - Land Easement Practical Expedient for Transition to Topic 842 , which provides a lessee or lessor the option to not assess at transition whether existing land easements, not currently accounted for as leases under the current lease guidance, should be treated as leases under the new standard. In July 2018, the FASB issued ASU No. 2018-10, Codification Improvements to Topic 842, Leases and ASU No. 2018-11, Leases (Topic 842) Targeted improvements , which provides an additional (and optional) transition method whereby the new lease standard is applied at the adoption date and recognized as an adjustment to retained earnings. The Company adopted ASU No. 2016-02 on July 1, 2019 and elected to apply the standard as of the beginning of the first quarter of fiscal year 2020 under the modified-retrospective transition approach. In connection with the adoption of this standard, the Company applied the package of practical expedients intended to ease transition for existing leases by not requiring the Company to reassess (i) its initial lease classification conclusions for existing or expired leases, (ii) whether an existing or expired contract is a lease or contains an embedded lease, and (iii) the capitalization of initial direct costs for existing or expired leases. In addition, the Company elected not to use “hindsight” in accordance with ASC Subtopic 842-10-65-1 (g) in assessing lease terms and impairment of right-of-use (“ ROU ”) assets for existing or expired leases under the new standard. Upon adoption of this standard, the Company recorded initial (i) operating lease ROU assets of $261,110 , (ii) current operating lease liabilities of $51,389 , and (iii) long-term operating lease liabilities of $207,425 . The Company did not record any adjustment to retained earnings. As of July 1, 2019, there were no material finance leases for which the Company was a lessee. See Note 7 for further details on disclosure required under ASC Topic 842. Recently Issued Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments — Credit Losses . ASU No. 2016-13 replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that will require the reflection of expected credit losses and will also require consideration of a broader range of reasonable and supportable information to determine credit loss estimates. In May 2019, the FASB issued ASU No. 2019-05, Targeted Transition Relief , which amends ASC Topic 326 to provide an option to irrevocably elect to measure certain individual financial assets at fair value instead of amortized cost. For most financial instruments, the standard will require the use of a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses, which will generally result in the earlier recognition of credit losses on financial instruments. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021, with early adoption permitted. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, 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 and 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 adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement as part of the FASB’s broader disclosure framework project. ASU No. 2018-13 removes, modifies and adds certain disclosures providing greater focus on requirements that clearly communicate the most important information to the users of the financial statements with respect to fair value measurements. The standard is effective for the Company beginning in the first quarter of fiscal year 2021, with early adoption permitted. Most of the disclosure requirements in ASU No. 2018-13 would need to be applied on a retrospective basis except for the guidance related to (i) unrealized gains and loss included in other comprehensive income, (ii) disclosure related to range and weighted average Level 3 unobservable inputs and (iii) narrative disclosure requirements on measurement uncertainty, which are required to be applied on a prospective basis. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-14, Compensation-Retirement Benefits-Defined Benefit Plans — General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans . ASU No. 2018-14 removes certain disclosures that are not considered cost beneficial, clarifies certain required disclosures and adds additional disclosures. The standard will be effective for the Company in the fourth quarter of fiscal year 2021, with early adoption permitted. The amendments in ASU No. 2018-14 are required to be applied retrospectively. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-15, Intangibles — Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract . ASU No. 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The guidance also specifies that the balance sheet, income statement, and statement of cash flows presentation of capitalized implementation costs and the related amortization should align with the presentation of the hosting (service) element of the arrangement. The standard is effective for the Company in the first quarter of fiscal year 2021, with early adoption permitted. Entities have the option to apply the guidance prospectively to all implementation costs incurred after the date of adoption or retrospectively. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In November 2018, the FASB issued ASU No. 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities . ASU No. 2018-17 amends the variable interest entities (“VIE”) guidance to align the evaluation of a decision maker’s or service provider’s fee in assessing a variable interest with the guidance in the primary beneficiary test. Specifically, indirect interests held by a related party that is under common control will now be considered on a proportionate basis, rather than in their entirety, when assessing whether the fee qualifies as a variable interest. The proportionate basis approach is consistent with the treatment of indirect interests held by a related party under common control when evaluating the primary beneficiary of a VIE. This effectively means that when a decision maker or service provider has an interest in a related party, regardless of whether they are under common control, it will consider that related party’s interest in a VIE on a proportionate basis throughout the VIE model, for both the assessment of a variable interest and the determination of a primary beneficiary. The standard will be effective for the Company in the first quarter of fiscal year 2021, with early adoption permitted. The amendments in ASU No. 2018-17 are required to be applied retrospectively. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In November 2018, the FASB issued ASU No. 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606. ASU No. 2018-18 clarifies that certain transactions between participants in a collaborative arrangement should be accounted for under ASC Topic 606 when the counterparty is a customer. In addition, ASU No. 2018-18 precludes an entity from presenting consideration from a transaction in a collaborative arrangement as revenue from contracts with customers if the counterparty is not a customer for that transaction. The standard will be effective for the Company in the first quarter of fiscal year 2021, with early adoption permitted. The amendments in ASU No. 2018-18 are required to be applied retrospectively to the date when the Company initially adopted ASC Topic 606 . The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In April 2019, the FASB issued ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments — Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825 — Financial Instruments

Revenue Recognition

Revenue Recognition	3 Months Ended
	Sep. 30, 2019
Revenue Recognition [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue Recognition Contracts with Customers All revenue recognized in the consolidated statements of operations is considered to be revenue from contracts with customers. For the three months ended September 30, 2019 and 2018 , the Company did not have any material impairment losses on receivables or contract assets arising from contracts with customers. Disaggregation of Revenue The following table disaggregates the Company’s revenue by major source and reportable segment based upon the timing of transfer of goods or services to the customer for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 MSG MSG Eliminations Total Event-related (a) $ 136,748 $ 11,040 $ (13 ) $ 147,775 Sponsorship, signage and suite licenses 15,070 21,978 (170 ) 36,878 League distributions — 14,425 — 14,425 Local media rights fees from MSG Networks — 6,211 — 6,211 Other (b) 7,189 2,380 (76 ) 9,493 Total revenues from contracts with customers $ 159,007 $ 56,034 $ (259 ) $ 214,782 Three Months Ended September 30, 2018 MSG MSG Eliminations Total Event-related (a) $ 136,695 $ 10,242 $ — $ 146,937 Sponsorship, signage and suite licenses 15,330 22,255 (170 ) 37,415 League distributions — 14,871 — 14,871 Local media rights fees from MSG Networks — 5,972 — 5,972 Other (b) 10,928 2,012 — 12,940 Total revenues from contracts with customers $ 162,953 $ 55,352 $ (170 ) $ 218,135 _________________ (a) For the three months ended September 30, 2019 and 2018 , the Company’s event related revenue primarily consisted of (i) Tao Group Hospitality ’s entertainment dining and nightlife offerings, (ii) ticket sales and other ticket-related revenues, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales. (b) For the three months ended September 30, 2019 , the Company’s other revenues primarily consisted of managed venue revenues from Tao Group Hospitality . For the three months ended September 30, 2018 , the Company’s other revenues primarily consisted of revenues from Obscura Digital (“Obscura”) and managed venue revenues from Tao Group Hospitality . Contract Balances The timing of revenue recognition, billings and cash collections results in billed receivables, contract assets and contract liabilities on the consolidated balance sheet. The following table provides information about contract balances from the Company’s contracts with customers as of September 30, 2019 and June 30, 2019 . September 30, June 30, 2019 2019 Receivables from contracts with customers, net (a) $ 120,980 $ 96,982 Contract assets, current (b) 5,724 7,314 Deferred revenue, including non-current portion (c) 427,672 305,821 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of September 30, 2019 and June 30, 2019 , the Company’s receivables reported above included $100 and $126 , respectively, related to various related parties associated with contracts with customers. See Note 17 for further details on these related party arrangements. (b) Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue primarily relates to the Company’s receipt of consideration from customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to a customer. As of September 30, 2019 , the Company’s deferred revenue related to local media rights with MSG Networks was $32,154 . The Company had no deferred revenue related to local media rights with MSG Networks as of June 30, 2019 . See Note 17 for further details on these related party arrangements. Revenue recognized for the three months ended September 30, 2019 relating to the deferred revenue balance as of June 30, 2019 was $80,354 . Transaction Price Allocated to the Remaining Performance Obligations The following table depicts the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of September 30, 2019 . This primarily relates to performance obligations under sponsorship and suite license arrangements. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks . Fiscal Year 2020 (remainder) $ 191,781 Fiscal Year 2021 192,510 Fiscal Year 2022 146,513 Fiscal Year 2023 83,814 Fiscal Year 2024 58,116 Thereafter 131,871 $ 804,605

Team Personnel Transactions

Team Personnel Transactions	3 Months Ended
	Sep. 30, 2019
Team Personnel Transactions [Abstract]
Team Personnel Transactions [Text Block]	Team Personnel Transactions Direct operating expenses in the accompanying consolidated statements of operations include a net expense (or credit) for transactions relating to the Company’s sports teams for waiver/contract termination costs (“ Team personnel transactions ”). Team personnel transactions expense was $10,243 for the three months ended September 30, 2019 and a net credit of $667 for the three months ended September 30, 2018 .

Cash, Cash Equivalents and Rest

Cash, Cash Equivalents and Restricted Cash	3 Months Ended
	Sep. 30, 2019
Cash, Cash Equivalents and Restricted Cash [Abstract]
Cash, Cash Equivalents and Restricted Cash [Text Block]	Cash, Cash Equivalents and Restricted Cash The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash . As of September 30, June 30, September 30, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 952,186 $ 1,086,372 $ 1,068,883 $ 1,225,638 Restricted cash (a) 31,349 31,529 32,330 30,982 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 983,535 $ 1,117,901 $ 1,101,213 $ 1,256,620 _________________ (a) See Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019

Investments and Loans to Noncon

Investments and Loans to Nonconsolidated Affiliates	3 Months Ended
	Sep. 30, 2019
Equity Method Investments, Joint Ventures and Cost Method Investments [Abstract]
Investments and Loans to Nonconsolidated Affiliates [Text Block]	Investments and Loans to Nonconsolidated Affiliates The Company’s investments and loans to nonconsolidated affiliates which are accounted for under the equity method of accounting and equity investments without readily determinable fair values in accordance with ASC Topic 323, Investments - Equity Method and Joint Ventures and ASC Topic 321, Investments - Equity Securities , respectively, consisted of the following: Ownership Percentage Investment Loan Total September 30, 2019 Equity method investments: SACO Technologies Inc. (“SACO”) 30 % $ 43,070 $ — $ 43,070 Others 7,848 — 7,848 Equity investments without readily determinable fair values (a) 13,334 — 13,334 Total investments and loans to nonconsolidated affiliates $ 64,252 $ — $ 64,252 June 30, 2019 Equity method investments: SACO 30 % $ 44,321 $ — $ 44,321 Tribeca Enterprises LLC (“Tribeca Enterprises”) (b) 50 % — 18,000 18,000 Others 8,372 — 8,372 Equity investments without readily determinable fair values (a) 13,867 — 13,867 Total investments and loans to nonconsolidated affiliates $ 66,560 $ 18,000 $ 84,560 _________________ (a) In accordance with the ASC Topic 321, Investments - Equity Securities, the Company applies the measurement alternative to its equity investments without readily determinable fair values. The Company recorded an impairment charge of $533 for the three months ended September 30, 2019 . See Note 7 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the application of the measurement alternative. (b) On August 5, 2019 , immediately prior to the sale of the Company’s equity capital in Tribeca Enterprises for $18,000 , the Company contributed the $18,000 of indebtedness under the Company’s revolving credit facility to the Company’s equity capital in Tribeca Enterprises . Equity Investment with Readily Determinable Fair Value In addition to the investments discussed above, the Company holds an investment of 3,208 shares of the common stock of Townsquare Media, Inc. (“ Townsquare ”). Townsquare is a leading media, entertainment and digital marketing solutions company that is listed on the New York Stock Exchange (“ NYSE ”) under the symbol “TSQ.” In accordance with ASC Topic 321, Investments - Equity Securities, this investment is measured at readily determinable fair value and is reported under Other assets in the accompanying consolidated balance sheets as of September 30, 2019 and June 30, 2019 . See Note 10 for more information on the fair value of the investment in Townsquare

Leases

Leases	3 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lessee, Operating Leases [Text Block]	Leases The Company’s leases primarily consist of certain live-performance venues, entertainment dining and nightlife venues, corporate office space, storage and, to a lesser extent, office and other equipment. The Company determines whether an arrangement contains a lease at the inception of the arrangement. If a lease is determined to exist, the lease term is assessed based on the date when the underlying asset is made available for the Company’s use by the lessor. The Company’s assessment of the lease term reflects the non-cancellable term of the lease, inclusive of any rent-free periods and/or periods covered by early-termination options which the Company is reasonably certain not to exercise, as well as periods covered by renewal options which the Company is reasonably certain of exercising. The Company also determines lease classification as either operating or finance at lease commencement, which governs the pattern of expense recognition and the presentation reflected in the consolidated statements of operations over the lease term. For leases with a term exceeding 12 months, a lease liability is recorded on the Company’s consolidated balance sheet at lease commencement reflecting the present value of the fixed minimum payment obligations over the lease term. A corresponding ROU asset equal to the initial lease liability is also recorded, adjusted for any prepaid rent and/or initial direct costs incurred in connection with execution of the lease and reduced by any lease incentives received. The Company includes fixed payment obligations related to non-lease components in the measurement of ROU assets and lease liabilities, as the Company has elected to account for lease and non-lease components together as a single lease component. ROU assets associated with finance leases are presented separate from operating leases ROU assets and are included within Property and equipment, net on the Company’s consolidated balance sheet. For purposes of measuring the present value of the Company’s fixed payment obligations for a given lease, the Company uses its incremental borrowing rate, determined based on information available at lease commencement, as rates implicit in the underlying leasing arrangements are typically not readily determinable. The Company’s incremental borrowing rate reflects the rate it would pay to borrow on a secured basis and incorporates the term and economic environment surrounding the associated lease. For operating leases, fixed lease payments are recognized as lease expense on a straight-line basis over the lease term. For finance leases, the initial ROU asset is depreciated on a straight-line basis over the lease term, along with recognition of interest expense associated with accretion of the lease liability, which is ultimately reduced by the related fixed payments. For leases with a term of 12 months or less (“short-term leases”), any fixed lease payments are recognized on a straight-line basis over the lease term and are not recognized on the consolidated balance sheet. Variable lease costs for both operating and finance leases, if any, are recognized as incurred and such costs are excluded from lease balances recorded on the consolidated balance sheet. In addition, the Company excluded its ground lease with Las Vegas Sands Corp. (“ Sands ”) associated with MSG Sphere in Las Vegas from the ROU asset and lease liability balance recorded on the consolidated balance sheet as the ground lease will have no fixed rent. Under the ground lease agreement, Sands will receive priority access to purchase tickets to events at the venue for inclusion in hotel packages or other uses, as well as certain rent-free use of the venue to support its Expo Center business. However, if certain return objectives are achieved, Sands will receive 25% of the after-tax cash flow in excess of such objectives. The ground lease is for a term of 50 years. As of September 30, 2019 , the Company’s existing operating leases, which are recorded on the accompanying financial statements, have remaining lease terms ranging from 4 months to 19 years . In certain instances, leases include options to renew, with varying option terms in each case. The exercise of lease renewal options is generally at the Company’s discretion and is considered in the Company’s assessment of the respective lease term. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The following table summarizes the right-of-use assets and lease liabilities recorded on the Company’s consolidated balance sheet as of September 30, 2019 : Line Item in the Company's Consolidated Balance Sheet Right-of-use assets: Operating leases Right-of-use lease assets $ 251,346 Lease liabilities: Operating leases, current Operating lease liabilities, current $ 51,426 Operating leases, noncurrent Operating lease liabilities, noncurrent 198,709 Total lease liabilities $ 250,135 The following table summarizes the activity recorded within the Company’s consolidated statement of operations for the three months ended September 30, 2019 : Line Item in the Company's Consolidated Statement of Operations Operating lease cost Direct operating expenses $ 8,325 Operating lease cost Selling, general and administrative expenses 4,815 Short-term lease cost Direct operating expenses 378 Variable lease cost Direct operating expenses 1,534 Variable lease cost Selling, general and administrative expenses 13 Total lease cost $ 15,065 Supplemental Information For the three months ended September 30, 2019 , cash paid for amounts included in the measurement of lease liabilities was $13,281 and the Company had no ROU assets obtained in exchange for new operating lease liabilities. The weighted average remaining lease term for operating leases recorded on the accompanying consolidated balance sheet as of September 30, 2019 was 6.7 years . The weighted average discount rate was 9.35% as of September 30, 2019 and represented the Company’s estimated incremental borrowing rate, assuming a secured borrowing, based on the remaining lease term at the time of either (i) adoption of the standard or (ii) the period in which the lease term expectation was modified. Maturities of operating lease liabilities as of September 30, 2019 are as follows: Fiscal Year 2020 (remainder) $ 41,477 Fiscal Year 2021 54,503 Fiscal Year 2022 54,617 Fiscal Year 2023 50,281 Fiscal Year 2024 38,292 Thereafter 126,068 Total lease payments 365,238 Less imputed interest 115,103 Total lease liabilities (a) $ 250,135 ________________ (a) Operating lease payments exclude minimum lease payments related to two locations associated with the entertainment dining and nightlife offerings that the Company has not yet taken possession of the space.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets [Text Block]	Goodwill and Intangible Assets The carrying amounts of goodwill , by reportable segment, as of September 30, 2019 and June 30, 2019 are as follows: MSG Entertainment $ 165,558 MSG Sports 226,955 $ 392,513 During the first quarter of fiscal year 2020 , the Company performed its annual impairment test of goodwill and determined that there were no impairments of goodwill identified for any of its reporting units as of the impairment test date. The Company’s indefinite-lived intangible assets as of September 30, 2019 and June 30, 2019 are as follows: Sports franchises (MSG Sports) $ 111,064 Trademarks (MSG Entertainment) 62,421 Photographic related rights (MSG Sports) 3,000 $ 176,485 During the first quarter of fiscal year 2020 , the Company performed its annual impairment test of identifiable indefinite-lived intangible assets and determined that there were no impairments identified as of the impairment test date. The Company’s intangible assets subject to amortization are as follows: September 30, 2019 Gross Accumulated Amortization Net Trade names $ 100,830 $ (13,636 ) $ 87,194 Venue management contracts 79,000 (11,028 ) 67,972 Favorable lease assets (a) — — — Season ticket holder relationships 50,032 (48,375 ) 1,657 Non-compete agreements 11,400 (4,822 ) 6,578 Festival rights 8,080 (1,752 ) 6,328 Other intangibles 10,064 (7,186 ) 2,878 $ 259,406 $ (86,799 ) $ 172,607 June 30, 2019 Gross Accumulated Amortization Net Trade names $ 100,830 $ (12,228 ) $ 88,602 Venue management contracts 79,000 (9,887 ) 69,113 Favorable lease assets (a) 54,253 (10,382 ) 43,871 Season ticket holder relationships 50,032 (47,541 ) 2,491 Non-compete agreements 11,400 (4,311 ) 7,089 Festival rights 8,080 (1,617 ) 6,463 Other intangibles 10,064 (6,987 ) 3,077 $ 313,659 $ (92,953 ) $ 220,706 _________________ (a) Upon adoption of ASC Topic 842, the Company also reclassified favorable lease assets net balance of $43,871 , which was recognized in connection with the acquisition of Tao Group Hospitality , from Amortizable intangible assets, net , to Right-of-use lease assets in the accompanying consolidated balance sheet as of July 1, 2019. In addition, the Company also reclassified unfavorable lease liability of $6,841 , which was reported in Other liabilities in the accompanying consolidated balance sheet, to Right-of-use lease assets as of July 1, 2019. For the three months ended September 30, 2019 and 2018 , amortization expense for intangible assets, excluding the amortization of favorable lease assets of $1,219 for the three months ended September 30, 2018 , which is reported in rent expense, was $4,228 and $4,612

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]	Commitments and Contingencies Commitments As more fully described in Note 10 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 , the Company’s commitments consist primarily of (i) the MSG Sports’ obligations under employment agreements that the Company has with its professional sports teams’ personnel that are generally guaranteed regardless of employee injury or termination and (ii) long-term noncancelable operating lease agreements primarily for Company venues, including Tao Group Hospitality venues, and various corporate offices. The Company adopted ASU No. 2016-02, Leases (Topic 842), on July 1, 2019. As a result, the contractual obligations related to future lease payments, which were historically reported as off-balance sheet commitments, are now reflected on the consolidated balance sheet as lease liabilities as of September 30, 2019 . See Note 7 for more details about the lease liabilities. Except as described above with respect to lease accounting, the Company did not have any material changes in its contractual obligations since the end of fiscal year 2019 other than activities in the ordinary course of business. In connection with the Tao Group Hospitality and CLG acquisitions, the Company has accrued deferred and contingent consideration as part of the purchase price allocation. See Note 10 for further details of the amount recorded in the accompanying consolidated balance sheet as of September 30, 2019 . Legal Matters The Company is a defendant in various lawsuits. Although the outcome of these lawsuits cannot be predicted with certainty (including the extent of available insurance, if any), management does not believe that resolution of these lawsuits will have a material adverse effect on the Company.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements [Text Block]	Fair Value Measurements The following table presents the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents and an equity investment with readily determinable fair value: Fair Value Hierarchy September 30, June 30, Assets: Commercial Paper I $ 144,623 $ 169,707 Money market accounts I 107,720 101,517 Time deposits I 672,910 789,833 Equity investment with readily determinable fair value I 22,553 17,260 Total assets measured at fair value $ 947,806 $ 1,078,317 All assets listed above are classified within Level I of the fair value hierarchy as they are valued using observable inputs that reflect quoted prices for identical assets in active markets. The carrying amount of the Company’s commercial paper, money market accounts and time deposits approximates 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 sheets are as follows: September 30, 2019 June 30, 2019 Carrying Value Fair Value Carrying Fair Assets Notes receivable, including interest accruals $ 12,573 $ 12,573 $ 13,348 $ 13,348 Short-term investments (a) 104,597 104,597 108,416 108,416 Equity investment with readily determinable fair value (b) 22,553 22,553 17,260 17,260 Subordinated term loan receivable (c) 58,735 55,942 58,735 57,711 Liabilities Long-term debt, including current portion (d) $ 52,500 $ 52,682 $ 55,000 $ 54,883 _________________ (a) The Company’s short-term investments consist of investments that (i) have original maturities of greater than three months and (ii) can be converted into cash by the Company within one year. (b) Aggregate cost basis for the Company’s equity investment with readily determinable fair value in Townsquare, including transaction costs, was $23,222 as of September 30, 2019 . The fair value of this investment is determined based on quoted market prices in an active market on the NYSE , which is classified within Level I of the fair value hierarchy. For the three months ended September 30, 2019 and 2018 , the Company recorded an unrealized gain of $5,293 and $4,364 , respectively, as a result of changes in the market value related to this investment. The unrealized gain is reported in Miscellaneous income, net in the accompanying consolidated statement of operations. (c) In connection with the sale of the Company’s joint venture interest in Azoff MSG Entertainment LLC (“ AMSGE ”) in December 2018, the $63,500 outstanding balance under the revolving credit facility extended by the Company to AMSGE was converted to a subordinated term loan with a maturity date of September 21, 2021 . The subordinated loan was assumed by an affiliate of AMSGE . During the three months ended March 31, 2019, the Company received a $4,765 principal repayment. The Company’s subordinated term loan receivable is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. (d) On May 23, 2019, TAO Group Intermediate Holdings LLC (“ TAOIH ”) and TAO Group Operating LLC (“ TAOG ”) entered into a $40,000 five -year term loan facility and a $25,000 five -year term revolving facility. The Company’s long-term debt is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. See Note 11 for more information and outstanding balances on this long-term debt. Contingent Consideration Liabilities In connection with the Tao Group Hospitality and CLG acquisitions (see Note 11 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for further details), the Company recorded certain deferred and contingent consideration liabilities at fair value as part of the preliminary purchase price allocation. As of September 30, 2019 and June 30, 2019 , the fair value of deferred and contingent consideration liabilities in connection with the Tao Group Hospitality and CLG acquisitions was $3,349 .

Credit Facilities

Credit Facilities	3 Months Ended
	Sep. 30, 2019
Credit Facilities [Abstract]
Credit Facilities [Text Block]	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. Amounts borrowed may be distributed to the Company except during an event of default. 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 September 30, 2019 , 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 . There was no borrowing under the Knicks Revolving Credit Facility as of September 30, 2019 . 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 related security agreements 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. 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 364 -day term (the “ Knicks Unsecured Credit Facility ”). Knicks LLC renewed this facility with the lender on the same terms in successive years and the facility has been renewed for a new term effective as of September 27, 2019. There was no borrowing under the Knicks Unsecured Credit Facility as of September 30, 2019 . This facility does not have financial covenants. 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. Amounts borrowed may be distributed to the Company except during an event of default. 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 . As of September 30, 2019 , Rangers LLC was in compliance with this financial covenant . 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 . There was no borrowing under the Rangers Revolving Credit Facility as of September 30, 2019 . 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 qualified revenues are less than 17% of the maximum available amount under the Rangers Revolving Credit Facility. In addition to the financial covenant described above, the Rangers Credit Agreement and related security agreements 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 May 23, 2019, TAO Group Intermediate Holdings LLC (“ TAOIH ” or “Intermediate Holdings”) and TAO Group Operating LLC (“ TAOG ” or “Senior Borrower”), entered into a credit agreement (the “ TAO Senior Credit Agreement ”) with JPMorgan Chase Bank, N.A., as administrative agent, collateral agent and a letter of credit issuer, and the lenders party thereto. On May 23, 2019, the Company and TAO Group Sub-Holdings LLC, a subsidiary of TAO Group Holdings LLC, also entered into a $49,000 intercompany subordinated credit agreement (the “ TAO Subordinated Credit Agreement ”). The balances and interest-related activities pertaining to the TAO Subordinated Credit Agreement have been eliminated in the consolidated financial statements in accordance with ASC Topic 810, Consolidation . The TAO Senior Credit Agreement provides TAOG with senior secured credit facilities (the “ TAO Senior Secured Credit Facilities ”) consisting of: (i) an initial $40,000 term loan facility with a term of five years (the “ TAO Term Loan Facility ”) and (ii) a $25,000 revolving credit facility with a term of five years (the “ TAO Revolving Credit Facility ”). Up to $5,000 of the TAO Revolving Credit Facility is available for the issuance of letters of credit. All borrowings under the TAO Revolving Credit Facility , including, without limitation, amounts drawn under the revolving line of credit are subject to the satisfaction of customary conditions. The TAO Senior Secured Credit Facilities were obtained without recourse to the Company or any of its affiliates (other than TAOG , TAOIH and its subsidiaries as discussed below). The Senior Credit Agreement requires Intermediate Holdings to comply with a maximum total leverage ratio of 4.00:1.00 and a maximum senior leverage ratio of 3.00:1.00 from the closing date until December 31, 2021 and a maximum total leverage ratio of 3.50:1.00 and a maximum senior leverage ratio of 2.50:1.00 from and after December 31, 2021. In addition, there is a minimum fixed charge coverage ratio of 1.25:1.00 for TAOIH. As of September 30, 2019 , TAOIH was in compliance with these financial covenants. All obligations under the TAO Senior Credit Agreement are guaranteed by TAOIH and TAOIH ’s existing and future direct and indirect domestic subsidiaries (other than (i) TAOG , (ii) domestic subsidiaries substantially all of whose assets consist of controlled foreign corporations and (iii) subsidiaries designated as immaterial subsidiaries or unrestricted subsidiaries) (the “ TAO Subsidiary Guarantors ”, and together with TAOIH , the “ TAO Guarantors ”). All obligations under the TAO Senior Credit Agreement , including the guarantees of those obligations, are secured by substantially all of the assets of TAOG and each Guarantor (collectively, “TAO Collateral”), including, but not limited to, a pledge of the equity interests in TAOG held directly by TAOIH and the equity interests in each TAO Subsidiary Guarantor held directly or indirectly by TAOIH. Borrowings under the TAO Senior Credit Agreement bear interest at a floating rate, which at the option of the Senior Borrower may be either (a) a base rate plus an additional rate ranging from 1.50% to 2.50% per annum (determined based on a total leverage ratio) (the “Base Rate”), or (b) a Eurocurrency rate plus an additional rate ranging from 2.50% to 3.50% per annum (determined based on a total leverage ratio) (the “Eurocurrency Rate”) . The TAO Senior Credit Agreement requires TAOG to pay a commitment fee of 0.50% in respect of the daily unused commitments under the TAO Revolving Credit Facility. TAOG is also required to pay customary letter of credit fees, as well as fronting fees, to banks that issue letters of credit pursuant to the TAO Senior Credit Agreement . The interest rate on the TAO Senior Credit Agreement as of September 30, 2019 was 4.55% . The outstanding amount drawn on the TAO Revolving Credit Facility was $15,000 as of September 30, 2019 and June 30, 2019 , which is reported under Long-term debt, net of deferred financing costs in the accompanying consolidated balance sheet. The Company subsequently repaid the $15,000 outstanding balance under the TAO Revolving Credit Facility in October 2019. During the three months ended September 30, 2019 and 2018 , the Company made interest payments of $716 and $2,759 , respectively, under the TAO Senior Credit Agreement and the predecessor credit facility . In addition to the financial covenants described above, the TAO Senior Credit Agreement and related security agreements contain certain customary representations and warranties, affirmative covenants and events of default. The TAO Senior Credit Agreement contains certain restrictions on the ability of TAOIH, the TAOG and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the TAO Senior Credit Agreement, including, without limitation, the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making investments, loans or advances in or to other persons; (iv) paying dividends and distributions or repurchasing capital stock; (v) engaging in certain transactions with affiliates; (vi) amending specified agreements; (vii) merging or consolidating; (viii) making certain dispositions; and (ix) entering into agreements that restrict the granting of liens. Intermediate Holdings is subject to a customary passive holding company covenant. Subject to customary notice and minimum amount conditions, TAOG may voluntarily prepay outstanding loans under the TAO Senior Credit Agreement at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to Eurocurrency loans). The initial TAO Term Loan Facility amortizes quarterly in accordance with its terms from June 30, 2019 through March 31, 2024 with a final maturity date on May 23, 2024. TAOG is required to make mandatory prepayments on the TAO Term Loan Facility from the net cash proceeds of certain sales of assets (including TAO Collateral) or casualty insurance and/or condemnation recoveries (in each case, subject to certain reinvestment, repair or replacement rights) and the incurrence of certain indebtedness, subject to certain exceptions. See Note 12 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the Company’s debt maturities for the TAO Senior Secured Credit Facilities . Deferred Financing Costs The following table summarizes the presentation of the TAO Term Loan Facility and the related deferred financing costs in the accompanying consolidated balance sheets as of September 30, 2019 and June 30, 2019 . September 30, 2019 TAO Term Loan Facility Deferred Financing Costs Total Current portion of long-term debt, net of deferred financing costs $ 5,000 $ (208 ) $ 4,792 Long-term debt, net of deferred financing costs (a) 32,500 (759 ) 31,741 Total $ 37,500 $ (967 ) $ 36,533 June 30, 2019 TAO Term Loan Facility Deferred Financing Costs Total Current portion of long-term debt, net of deferred financing costs $ 6,250 $ (208 ) $ 6,042 Long-term debt, net of deferred financing costs (a) 33,750 (831 ) 32,919 Total $ 40,000 $ (1,039 ) $ 38,961 _________________ (a) In addition to the outstanding balance associated with the TAO Term Loan Facility disclosed above, the Company’s Long-term debt, net of deferred financing costs in the accompanying consolidated balance sheets as of September 30, 2019 and June 30, 2019 also include $637 related to a note with respect to a loan received by BCE from its noncontrolling interest holder that is due in April 2021, and $15,000 outstanding balance under the TAO Revolving Credit Facility . The following table summarizes deferred financing costs, net of amortization, related to the Knicks Revolving Credit Facility , Rangers Revolving Credit Facility , and TAO Revolving Credit Facility as reported on the accompanying consolidated balance sheet: September 30, June 30, Other current assets $ 760 $ 760 Other assets 1,082 1,273

Pension Plans and Other Postret

Pension Plans and Other Postretirement Benefit Plan	3 Months Ended
	Sep. 30, 2019
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 13 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the Company’s defined benefit pension plans (“Pension Plans”), postretirement benefit plan (“Postretirement Plan”), The Madison Square Garden 401(k) Savings Plan and the MSG Sports & Entertainment, LLC Excess Savings Plan (collectively, the “ Savings Plans ”), and The Madison Square Garden 401(k) Union Plan (the “ Union Savings Plan ”). Defined Benefit Pension Plans and Postretirement Benefit Plan The following table presents components of net periodic benefit cost for the Pension Plans and Postretirement Plan included in the accompanying consolidated statements of operations for the three months ended September 30, 2019 and 2018 . Service cost is recognized in direct operating expenses and selling, general and administrative expenses. All other components of net periodic benefit cost are reported in Miscellaneous income, net . Pension Plans Postretirement Plan Three Months Ended Three Months Ended September 30, September 30, 2019 2018 2019 2018 Service cost $ 28 $ 20 $ 18 $ 28 Interest cost 1,328 1,473 28 58 Expected return on plan assets (1,331 ) (781 ) — — Recognized actuarial loss 336 318 3 10 Amortization of unrecognized prior service credit — — — (1 ) Net periodic benefit cost $ 361 $ 1,030 $ 49 $ 95 Defined Contribution Pension Plans For the three months ended September 30, 2019 and 2018 , expenses related to the Savings Plans and Union Savings Plan included in the accompanying consolidated statements of operations are as follows: Savings Plans Union Savings Plan Three Months Ended Three Months Ended September 30, September 30, 2019 2018 2019 2018 $ 2,858 $ 2,300 $ 22 $ 22

Share-based Compensation

Share-based Compensation	3 Months Ended
	Sep. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-based Compensation [Text Block]	Share-based Compensation See Note 14 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the Company’s 2015 Employee Stock Plan (the “ Employee Stock Plan ”) and its 2015 Stock Plan for Non-Employee Directors. For the three months ended September 30, 2019 and 2018 , share-based compensation expense was $16,891 and $10,189 , respectively. In addition, capitalized share-based compensation expense was $1,250 for the three months ended September 30, 2019 . There were no costs related to share-based compensation that were capitalized for the three months ended September 30, 2018 . Restricted Stock Units Award Activity The following table summarizes activity related to the Company’s restricted stock units and performance restricted stock units, collectively referred to as “ RSUs ,” for the three months ended September 30, 2019 : Number of Weighted-Average Fair Value Per Share at Date of Grant Nonperformance Based Vesting RSUs Performance Based Vesting Unvested award balance, June 30, 2019 229 359 $ 252.02 Granted (a) 117 114 $ 246.54 Vested (87 ) (121 ) $ 214.27 Forfeited (2 ) (2 ) $ 259.49 Unvested award balance, September 30, 2019 257 350 $ 262.85 _____________________ (a) Includes incremental performance based RSUs (“PRSUs”) that were historically reported at a target payout of 100%. Upon meeting the performance objectives, the number of PRSUs vested at 105.5% of target. The fair value of RSUs that vested during the three months ended September 30, 2019 was $53,522 . Upon delivery, RSUs granted under the Employee Stock Plan were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ required statutory tax withholding obligations for the applicable income and other employment taxes, 91 of these RSUs , with an aggregate value of $23,446 were retained by the Company and the taxes paid are reflected as financing activity in the accompanying consolidated statement of cash flows for the three months ended September 30, 2019 . The fair value of RSUs that vested during the three months ended September 30, 2018 was $44,040 . The weighted-average fair value per share at grant date of RSUs granted during the three months ended September 30, 2018 was $304.32 . Stock Options Award Activity The following table summarizes activity related to the Company’s stock options for the three months ended September 30, 2019 : Number of Time Vesting Options Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Balance as of June 30, 2019 543 $ 325.47 Granted — $ — Balance as of September 30, 2019 543 $ 325.47 6.81 $ 5,009 Exercisable as of September 30, 2019 144 $ 319.18 6.88 $ 1,670

Stock Repurchase Program

Stock Repurchase Program	3 Months Ended
	Sep. 30, 2019
Stock Repurchase Program [Abstract]
Share Repurchase Program [Text Block]	Stock Repurchase Program On September 11, 2015, the Company’s Board 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 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 three months ended September 30, 2019 , the Company did not engage in any share repurchase activities under its share repurchase program. As of September 30, 2019 , the Company had $259,639 of availability remaining under its stock repurchase authorization.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Sep. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss) [Text Block]	Accumulated Other Comprehensive Loss The following table details the components of accumulated other comprehensive loss: Three Months Ended September 30, 2019 Pension Plans and Postretirement Plan Cumulative Translation Adjustments Accumulated Other Comprehensive Loss Balance as of June 30, 2019 $ (42,080 ) $ (4,843 ) $ (46,923 ) Other comprehensive loss before reclassifications — (10,018 ) (10,018 ) Amounts reclassified from accumulated other comprehensive loss (a) 339 — 339 Other comprehensive income (loss) 339 (10,018 ) (9,679 ) Balance as of September 30, 2019 $ (41,741 ) $ (14,861 ) $ (56,602 ) Three Months Ended September 30, 2018 Pension Plans and Postretirement Plan Cumulative Translation Adjustments Unrealized Loss on Available-for-sale Securities Accumulated Other Comprehensive Loss Balance as of June 30, 2018 $ (40,846 ) $ (502 ) $ (5,570 ) $ (46,918 ) Reclassification of unrealized loss on available-for-sale securities (b) 5,570 5,570 Other comprehensive loss before reclassifications — (951 ) — (951 ) Amounts reclassified from accumulated other comprehensive loss (a) 327 — — 327 Other comprehensive income (loss) 327 (951 ) — (624 ) Balance as of September 30, 2018 $ (40,519 ) $ (1,453 ) $ — $ (41,972 ) ________________ (a) Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Miscellaneous income, net in the accompanying consolidated statements of operations. (b) As of July 1, 2018, upon adoption of ASU No. 2016-01, the Company recorded a transition adjustment to reclassify accumulated other comprehensive loss associated with its investment in Townsquare in the amount of $2,466 pre-tax ( $5,570 , net of tax) to accumulated deficit. See Notes 10 and 18 for more information related to the investment in Townsquare and its impact on the Company’s operating results for the three months ended September 30, 2019 and 2018

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes [Text Block]	Income Taxes Income tax expense for the three months ended September 30, 2019 of $428 differs from income tax benefits derived from applying the statutory federal rate of 21% to pretax loss primarily due to an increase in valuation allowance of $26,710 and tax expense from nondeductible officers’ compensation of $1,461 , partially offset by state income tax benefits of $7,735 and excess tax benefit related to share-based compensation awards of $3,510 . Income tax expense for the three months ended September 30, 2018 of $696 differs from income tax benefits derived from applying the statutory federal rate of 21% to pretax loss primarily as a result of an increase in valuation allowance of $11,334 , tax expense of $3,987 primarily due to an Internal Revenue Service (“ IRS ”) guidance related to Tax Cuts and Jobs Act law changes, partially offset by state income tax benefit of $3,095 and excess tax benefit related to share-based compensation awards of $5,407 . The Company was notified during the third quarter of fiscal year 2018 that the IRS was commencing an audit of the federal income tax return for the year ended June 30, 2016 . In October 2019, the Company was informed by the IRS that the audit resulted in no changes.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Sep. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions [Text Block]	Related Party Transactions As of September 30, 2019 , members of the Dolan family including trusts for members of the Dolan family (collectively, the “ Dolan Family Group ”), for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, collectively beneficially own all of the Company’s outstanding Class B Common Stock and own approximately 3.5% 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 71.1% 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 ”). The Company has various agreements with MSG Networks , including media rights agreements covering the Knicks and the Rangers games, an advertising sales representation agreement , and a services agreement (the “ Services Agreement ”). Pursuant to the Services Agreement, which is effective July 1, 2018, the Company provides certain services to MSG Networks , such as information technology, accounts payable and payroll, human resources, and other corporate functions, as well as the executive support services described below, in exchange for service fees. In connection with the expiration of the Services Agreement on June 30, 2019, the Company entered into an interim agreement with MSG Networks , pursuant to which the parties are providing the same services on the same terms. The Company expects to enter into a new services agreement this calendar year, which will be retroactive to July 1, 2019. MSG Networks also provides certain services to the Company, in exchange for service fees. The Company shares 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 . On June 16, 2016, the Company entered into an arrangement with the Dolan Family Office, LLC (“ DFO ”), an entity owned and controlled by Charles F. Dolan, AMC Networks and MSG Networks providing for the sharing of certain expenses associated with executive office space which is available to James L. Dolan ( the Executive Chairman, Chief Executive Officer and a director of the Company , the Executive Chairman and a director of 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. Effective September 2018, the Company is no longer party to this arrangement. The Company is a party to various Aircraft Support Services Agreements (the “Support Agreements”), pursuant to which the Company provides certain aircraft support services to entities controlled by (i) the Company’s Executive Chairman, Chief Executive Officer and a director, (ii) Charles F. Dolan, a director of the Company, and (iii) Patrick F. Dolan, the son of Charles F. Dolan and brother of James L. Dolan. On December 17, 2018, the Company terminated the agreement providing services to the entity controlled by Charles F. Dolan, and entered into a new agreement with Charles F. Dolan and certain of his children, specifically: Thomas C. Dolan (a director of the Company), Deborah Dolan-Sweeney, Patrick F. Dolan, Marianne Dolan Weber (a director of the Company), and Kathleen M. Dolan, which provides substantially the same services as the prior agreement for a new aircraft. In connection with the Support Agreements, the Company, entered into reciprocal time sharing/dry lease agreements with each of (i) Quart 2C, LLC (“ Q2C ”), a company controlled by the Company’s Executive Chairman, Chief Executive Officer and a director, and Kristin A. Dolan, his wife and a director of the Company, and (ii) Charles F. Dolan, a director of the Company, and Sterling Aviation, LLC, a company controlled by Charles F. Dolan (collectively, “ CFD ”), pursuant to which the Company has agreed from time to time to make its aircraft available to each of Q2C and CFD , and Q2C and CFD have agreed from time to time to make their aircraft available to the Company. Pursuant to the terms of the agreements, Q2C and/or CFD may lease on a non-exclusive, “time sharing” basis, the Company’s Gulfstream Aerospace G550 aircraft (the “G550 Aircraft”). On December 17, 2018, in connection with the purchase of a new aircraft (as noted above), the Company replaced the dry lease agreement with CFD with a new dry lease agreement with Sterling2k LLC, an entity owned and controlled by Deborah Dolan-Sweeney, the daughter of CFD and the sister of the Company’s Executive Chairman and Chief Executive Officer, which provides for the Company’s usage of the new aircraft. On May 6, 2019, the Company entered into a dry lease agreement with Brighid Air, LLC (“ Brighid Air ”), a company owned and controlled by Patrick F. Dolan, the son of Charles F. Dolan and the brother of James L. Dolan, pursuant to which the Company may lease on a non-exclusive basis Brighid Air ’s Bombardier BD100-1A10 Challenger 350 aircraft (the “ Challenger ”). In connection with the dry lease agreement, on May 6, 2019 the Company also entered into a Flight Crew Services Agreement (the “Flight Crew Agreement”) with DFO , an entity owned and controlled by Charles F. Dolan, pursuant to which the Company may utilize pilots employed by DFO for purposes of flying the Challenger when the Company is leasing that aircraft under the Company’s dry lease agreement with Brighid Air . The Company and each of MSG Networks and AMC Networks are party to an aircraft time sharing agreement, pursuant to which the Company has agreed from time to time to make its aircraft available to MSG Networks and/or AMC Networks for lease on a “time sharing” basis. Additionally, the Company, MSG Networks and AMC Networks have agreed on an allocation of the costs of certain helicopter use by its shared executives. In addition to the aircraft arrangements described above, certain executives of the Company are party to aircraft time sharing agreements, pursuant to which the Company has agreed from time to time to make certain aircraft available for lease on a “time sharing” basis for personal use in exchange for payment of actual expenses of the flight (as listed in the agreement). From time to time the Company enters into arrangements with 605, LLC. Kristin A. Dolan, a director of the Company and spouse of James L. Dolan, is the founder and Chief Executive Officer of 605, LLC. James L. Dolan, the Company’s Executive Chairman, Chief Executive Officer and a director, and Kristin A. Dolan own 50% of 605, LLC. 605, LLC provides audience measurement and data analytics services to the Company and its subsidiaries in the ordinary course of business. As of September 30, 2019 and June 30, 2019 , BCE had $637 of notes payable. See Note 11 for further information. The Company has also entered into certain commercial agreements with its nonconsolidated affiliates in connection with MSG Sphere. For the three months ended September 30, 2019 , the Company recorded approximately $3,199 of capital expenditures in connection with services provided to the Company under these agreements. Revenues and Operating Expenses (Credits) 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 statements of operations for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 Revenues $ 7,064 $ 6,734 Operating expenses (credits): Corporate general and administrative expenses, net - MSG Networks $ (2,602 ) $ (2,504 ) Consulting fees — 950 Advertising expenses 43 68 Other operating expenses, net 89 (19 ) Revenues Revenues from related parties primarily consist of local media rights recognized by MSG Sports from the licensing of team-related programming to MSG Networks under the media rights agreements covering the Knicks and Rangers, which provide MSG Networks with exclusive media rights to team games in their local markets, as well as commissions earned in connection with the advertising sales representation agreement pursuant to which the Company has the exclusive right and obligation to sell MSG Networks’ advertising availabilities. As a result of the timing of recognition of media rights revenue, the Company recorded deferred revenue of $32,154 in the accompanying consolidated balance sheets as of September 30, 2019 . The Company had no deferred revenue related to local media rights with MSG Networks as of June 30, 2019 . The Company and Tribeca Enterprises have a service agreement pursuant to which the Company provides marketing inventory, advertising sales and consulting services to Tribeca Enterprises for a fee. On August 5, 2019 , the Company sold it’s equity capital in Tribeca Enterprises . Accordingly, Tribeca Enterprises is no longer a related party of the Company, and thus the related party transactions disclosed herein that relate to Tribeca Enterprises were recognized prior to August 5, 2019 . The Company is also a party to certain commercial arrangements with AMC Networks and its subsidiaries. Corporate General and Administrative Expenses, net - MSG Networks The Company’s corporate overhead expenses that are charged to MSG Networks are primarily related to centralized functions, including executive compensation, finance, treasury, tax, internal audit, legal, information technology, human resources and risk management functions. For the three months ended September 30, 2019 and 2018 , corporate general and administrative expenses, net - MSG Networks reflects charges from the Company to MSG Networks under the Services Agreement of $2,641 and $2,508 , respectively. Consulting Fees On December 5, 2018, the Company’s joint venture interest in AMSGE was sold to Azoff Music, which resulted in the Company no longer being an owner of AMSGE (renamed The Azoff Company). Accordingly, The Azoff Company is not a related party of the Company, and thus the related party transactions disclosed herein that relate to AMSGE were recognized prior to December 5, 2018. Prior to the sale of AMSGE , the Company paid 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 , most of which are related to the utilization of advertising and promotional benefits by the Company. 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, Chief Executive Officer 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 relating to (i) reciprocal aircraft arrangements between the Company and each of Q2C and CFD and (ii) time sharing agreements with MSG Networks and AMC Networks .

Segment Information

Segment Information	3 Months Ended
	Sep. 30, 2019
Segment Information [Abstract]
Segment Information [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 ASC 280-10-50-1, which provides the definition of a reportable segment. In accordance with the FASB’s 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 performance 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 , Hulu Theater at Madison Square Garden, the Forum, and certain corporate property, equipment and leasehold improvements not allocated to the reportable segments is reported in “ Corporate and Other .” Additionally, the Company does not allocate any purchase accounting adjustments to the reporting segments. The Company evaluates segment performance based on several factors, of which the key financial measure is 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. In addition to excluding the impact of the items discussed above, the impact of purchase accounting adjustments related to business acquisitions is also excluded in evaluating the Company’s consolidated adjusted operating income (loss) . Because it is based upon operating income (loss), adjusted operating income (loss) also excludes interest expense (including cash interest expense) and other non-operating income and expense items. Management believes that the exclusion of share-based compensation expense or benefit allows investors to better track the performance of the various operating units of the Company’s business without regard to the settlement of an obligation that is not expected to be made in cash. 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. 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. Since adjusted operating income (loss) is not a measure of performance calculated in accordance with GAAP, this measure may not be comparable to similar measures with similar titles used by other companies. The Company has presented the components that reconcile operating income (loss), the most directly comparable GAAP financial measure, to adjusted operating income (loss) . Information as to the operations of the Company’s reportable segments is set forth below. Three Months Ended September 30, 2019 MSG Entertainment MSG Sports Corporate and Other Purchase Inter-segment eliminations Total Revenues $ 159,007 $ 56,034 $ — $ — $ (259 ) $ 214,782 Direct operating expenses 105,927 24,311 121 2,276 (171 ) 132,464 Selling, general and administrative expenses (a) 50,658 50,152 41,655 56 124 142,645 Depreciation and amortization (b) 4,974 1,801 18,874 3,342 — 28,991 Operating loss $ (2,552 ) $ (20,230 ) $ (60,650 ) $ (5,674 ) $ (212 ) $ (89,318 ) Loss in equity method investments (1,473 ) Interest income 7,316 Interest expense (1,841 ) Miscellaneous income, net (c) 5,078 Loss from operations before income taxes $ (80,238 ) Reconciliation of operating loss to adjusted operating income (loss): Operating loss $ (2,552 ) $ (20,230 ) $ (60,650 ) $ (5,674 ) $ (212 ) $ (89,318 ) Add back: Share-based compensation 3,816 4,769 8,306 — — 16,891 Depreciation and amortization 4,974 1,801 18,874 3,342 — 28,991 Other purchase accounting adjustments — — — 2,332 — 2,332 Adjusted operating income (loss) $ 6,238 $ (13,660 ) $ (33,470 ) $ — $ (212 ) $ (41,104 ) Other information: Capital expenditures (d) $ 2,592 $ 6,596 $ 83,798 $ — $ — $ 92,986 Three Months Ended September 30, 2018 MSG Entertainment MSG Sports Corporate and Other Purchase Inter-segment eliminations Total Revenues $ 162,953 $ 55,352 $ — $ — $ (170 ) $ 218,135 Direct operating expenses 107,785 15,319 21 954 (170 ) 123,909 Selling, general and administrative expenses (a) 48,969 42,217 24,076 59 — 115,321 Depreciation and amortization (b) 4,482 1,942 19,270 3,996 — 29,690 Operating income (loss) $ 1,717 $ (4,126 ) $ (43,367 ) $ (5,009 ) $ — $ (50,785 ) Earnings in equity method investments 10,525 Interest income 7,174 Interest expense (4,033 ) Miscellaneous income, net (c) 3,767 Loss from operations before income taxes $ (33,352 ) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 1,717 $ (4,126 ) $ (43,367 ) $ (5,009 ) $ — $ (50,785 ) Add back: Share-based compensation 2,841 2,772 4,576 — — 10,189 Depreciation and amortization 4,482 1,942 19,270 3,996 — 29,690 Other purchase accounting adjustments — — — $ 1,013 $ — 1,013 Adjusted operating income (loss) $ 9,040 $ 588 $ (19,521 ) $ — $ — $ (9,893 ) Other information: Capital expenditures (d) $ 8,299 $ 912 $ 32,804 $ — $ — $ 42,015 _________________ (a) Corporate and Other ’s selling, general and administrative expenses primarily consist of unallocated corporate general and administrative costs, including expenses associated with the Company’s content development and technology associated with the Company’s MSG Sphere initiative, as well as other business development activities. (b) Corporate and Other principally includes depreciation and amortization of The Garden, Hulu Theater at Madison Square Garden, the Forum, and certain corporate property, equipment and leasehold improvement assets not allocated to the Company’s reportable segments. (c) Miscellaneous income, net for the three months ended September 30, 2019 and 2018 includes $5,293 and $4,364 , respectively, of unrealized gain for the Company’s investment in Townsquare in accordance with ASU No. 2016-01. In addition, miscellaneous income, net for the three months ended September 30, 2019 and 2018 also includes non-service cost components of net periodic pension and postretirement benefit cost in accordance with ASU No. 2017-07. See Note 12 for further details on the non-service cost components of net periodic pension and postretirement benefit cost. (d) Substantially all of Corporate and Other ’s capital expenditures for the three months ended September 30, 2019 and 2018 are related to the Company’s planned MSG Spheres in Las Vegas and London. Substantially all revenues and a significant majority of 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.

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements of the Company include the accounts of The Madison Square Garden Company and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. In addition, the consolidated financial statements of the Company include the accounts from Tao Group Hospitality , BCE and CLG , in which the Company has controlling voting interests. The Company’s consolidation criteria are based on authoritative accounting guidance for voting interest, controlling interest or variable interest entities. Tao Group Hospitality , BCE and CLG are consolidated with the equity owned by other shareholders shown as redeemable or nonredeemable noncontrolling interests in the accompanying consolidated balance sheet s, and the other shareholders’ portion of net earnings (loss) and other comprehensive income (loss) shown as net income (loss) or comprehensive income (loss) attributable to redeemable or nonredeemable noncontrolling interests in the accompanying consolidated statements of operation s and consolidated statements of comprehensive income (loss) , respectively. See Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the classification of redeemable noncontrolling interests of Tao Group Hospitality . In addition, Tao Group Hospitality ’s results are reported on a three -month lag basis and Tao Group Hospitality reports on a fiscal year reflecting the retail calendar that ends on the last Sunday of the calendar year (containing 4-4-5 week calendar quarters). Accordingly, the Company’s results for the three months ended September 30, 2019 and 2018 include Tao Group Hospitality ’s operating results from April 1, 2019 to June 30, 2019 and from April 2, 2018 to July 1, 2018 , respectively. With the exception of the balances and activities pertaining to the Tao Group Hospitality ’s credit agreements entered into in May 2019, which are recorded as of September 30, 2019 and June 30, 2019 and for the period ended September 30, 2019 , as well as cash distributions, all other disclosures related to Tao Group Hospitality ’s financial position are therefore reported as of June 30, 2019 and March 31, 2019, as applicable. See Note 11 for Tao Group Hospitality ’s credit agreements entered in May 2019.
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 amount 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, income tax, performance and share-based compensation, depreciation and amortization, 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 are 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.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In February 2016 , the Financial Accounting Standards Board (“ FASB ”) issued Accounting Standards Update (“ ASU ”) No. 2016-02, Leases (Topic 842) , which supersedes existing guidance on accounting for leases in Accounting Standards Codification (“ASC”) Topic 840, Leases. ASU No. 2016-02, among other things, requires (i) 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) extensive qualitative and quantitative disclosures about leasing activities. The accounting applied by a lessor is largely unchanged from that applied under previous accounting guidance. In January 2018, the FASB issued ASU No. 2018-01, Leases (Topic 842) - Land Easement Practical Expedient for Transition to Topic 842 , which provides a lessee or lessor the option to not assess at transition whether existing land easements, not currently accounted for as leases under the current lease guidance, should be treated as leases under the new standard. In July 2018, the FASB issued ASU No. 2018-10, Codification Improvements to Topic 842, Leases and ASU No. 2018-11, Leases (Topic 842) Targeted improvements , which provides an additional (and optional) transition method whereby the new lease standard is applied at the adoption date and recognized as an adjustment to retained earnings. The Company adopted ASU No. 2016-02 on July 1, 2019 and elected to apply the standard as of the beginning of the first quarter of fiscal year 2020 under the modified-retrospective transition approach. In connection with the adoption of this standard, the Company applied the package of practical expedients intended to ease transition for existing leases by not requiring the Company to reassess (i) its initial lease classification conclusions for existing or expired leases, (ii) whether an existing or expired contract is a lease or contains an embedded lease, and (iii) the capitalization of initial direct costs for existing or expired leases. In addition, the Company elected not to use “hindsight” in accordance with ASC Subtopic 842-10-65-1 (g) in assessing lease terms and impairment of right-of-use (“ ROU ”) assets for existing or expired leases under the new standard. Upon adoption of this standard, the Company recorded initial (i) operating lease ROU assets of $261,110 , (ii) current operating lease liabilities of $51,389 , and (iii) long-term operating lease liabilities of $207,425 . The Company did not record any adjustment to retained earnings. As of July 1, 2019, there were no material finance leases for which the Company was a lessee. See Note 7 for further details on disclosure required under ASC Topic 842. Recently Issued Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments — Credit Losses . ASU No. 2016-13 replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that will require the reflection of expected credit losses and will also require consideration of a broader range of reasonable and supportable information to determine credit loss estimates. In May 2019, the FASB issued ASU No. 2019-05, Targeted Transition Relief , which amends ASC Topic 326 to provide an option to irrevocably elect to measure certain individual financial assets at fair value instead of amortized cost. For most financial instruments, the standard will require the use of a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses, which will generally result in the earlier recognition of credit losses on financial instruments. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021, with early adoption permitted. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, 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 and 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 adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement as part of the FASB’s broader disclosure framework project. ASU No. 2018-13 removes, modifies and adds certain disclosures providing greater focus on requirements that clearly communicate the most important information to the users of the financial statements with respect to fair value measurements. The standard is effective for the Company beginning in the first quarter of fiscal year 2021, with early adoption permitted. Most of the disclosure requirements in ASU No. 2018-13 would need to be applied on a retrospective basis except for the guidance related to (i) unrealized gains and loss included in other comprehensive income, (ii) disclosure related to range and weighted average Level 3 unobservable inputs and (iii) narrative disclosure requirements on measurement uncertainty, which are required to be applied on a prospective basis. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-14, Compensation-Retirement Benefits-Defined Benefit Plans — General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans . ASU No. 2018-14 removes certain disclosures that are not considered cost beneficial, clarifies certain required disclosures and adds additional disclosures. The standard will be effective for the Company in the fourth quarter of fiscal year 2021, with early adoption permitted. The amendments in ASU No. 2018-14 are required to be applied retrospectively. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-15, Intangibles — Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract . ASU No. 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The guidance also specifies that the balance sheet, income statement, and statement of cash flows presentation of capitalized implementation costs and the related amortization should align with the presentation of the hosting (service) element of the arrangement. The standard is effective for the Company in the first quarter of fiscal year 2021, with early adoption permitted. Entities have the option to apply the guidance prospectively to all implementation costs incurred after the date of adoption or retrospectively. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial statements. In November 2018, the FASB issued ASU No. 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities . ASU No. 2018-17 amends the variable interest entities (“VIE”) guidance to align the evaluation of a decision maker’s or service provider’s fee in assessing a variable interest with the guidance in the primary beneficiary test. Specifically, indirect interests held by a related party that is under common control will now be considered on a proportionate basis, rather than in their entirety, when assessing whether the fee qualifies as a variable interest. The proportionate basis approach is consistent with the treatment of indirect interests held by a related party under common control when evaluating the primary beneficiary of a VIE. This effectively means that when a decision maker or service provider has an interest in a related party, regardless of whether they are under common control, it will consider that related party’s interest in a VIE on a proportionate basis throughout the VIE model, for both the assessment of a variable interest and the determination of a primary beneficiary. The standard will be effective for the Company in the first quarter of fiscal year 2021, with early adoption permitted. The amendments in ASU No. 2018-17 are required to be applied retrospectively. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In November 2018, the FASB issued ASU No. 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606. ASU No. 2018-18 clarifies that certain transactions between participants in a collaborative arrangement should be accounted for under ASC Topic 606 when the counterparty is a customer. In addition, ASU No. 2018-18 precludes an entity from presenting consideration from a transaction in a collaborative arrangement as revenue from contracts with customers if the counterparty is not a customer for that transaction. The standard will be effective for the Company in the first quarter of fiscal year 2021, with early adoption permitted. The amendments in ASU No. 2018-18 are required to be applied retrospectively to the date when the Company initially adopted ASC Topic 606 . The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In April 2019, the FASB issued ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments — Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825 — Financial Instruments

Revenue Recognition (Policies)

Revenue Recognition (Policies)	3 Months Ended
	Sep. 30, 2019
Revenue Recognition [Abstract]
Revenue, Remaining Performance Obligation [Policy Text Block]	In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks .

Investments and Loans to Nonc_2

Investments and Loans to Nonconsolidated Affiliates Investments and Loans to Nonconsolidated Affiliates (Policies)	3 Months Ended
	Sep. 30, 2019
Investments and Loans to Nonconsolidated Affiliates [Abstract]
Fair Value Measurement, Policy [Policy Text Block]	In accordance with the ASC Topic 321, Investments - Equity Securities, the Company applies the measurement alternative to its equity investments without readily determinable fair values.

Leases (Policies)

Leases (Policies)	3 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lessee, Leases [Policy Text Block]	Leases The Company’s leases primarily consist of certain live-performance venues, entertainment dining and nightlife venues, corporate office space, storage and, to a lesser extent, office and other equipment. The Company determines whether an arrangement contains a lease at the inception of the arrangement. If a lease is determined to exist, the lease term is assessed based on the date when the underlying asset is made available for the Company’s use by the lessor. The Company’s assessment of the lease term reflects the non-cancellable term of the lease, inclusive of any rent-free periods and/or periods covered by early-termination options which the Company is reasonably certain not to exercise, as well as periods covered by renewal options which the Company is reasonably certain of exercising. The Company also determines lease classification as either operating or finance at lease commencement, which governs the pattern of expense recognition and the presentation reflected in the consolidated statements of operations over the lease term. For leases with a term exceeding 12 months, a lease liability is recorded on the Company’s consolidated balance sheet at lease commencement reflecting the present value of the fixed minimum payment obligations over the lease term. A corresponding ROU asset equal to the initial lease liability is also recorded, adjusted for any prepaid rent and/or initial direct costs incurred in connection with execution of the lease and reduced by any lease incentives received. The Company includes fixed payment obligations related to non-lease components in the measurement of ROU assets and lease liabilities, as the Company has elected to account for lease and non-lease components together as a single lease component. ROU assets associated with finance leases are presented separate from operating leases ROU assets and are included within Property and equipment, net on the Company’s consolidated balance sheet. For purposes of measuring the present value of the Company’s fixed payment obligations for a given lease, the Company uses its incremental borrowing rate, determined based on information available at lease commencement, as rates implicit in the underlying leasing arrangements are typically not readily determinable. The Company’s incremental borrowing rate reflects the rate it would pay to borrow on a secured basis and incorporates the term and economic environment surrounding the associated lease. For operating leases, fixed lease payments are recognized as lease expense on a straight-line basis over the lease term. For finance leases, the initial ROU

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Sep. 30, 2019
Revenue Recognition [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table disaggregates the Company’s revenue by major source and reportable segment based upon the timing of transfer of goods or services to the customer for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 MSG MSG Eliminations Total Event-related (a) $ 136,748 $ 11,040 $ (13 ) $ 147,775 Sponsorship, signage and suite licenses 15,070 21,978 (170 ) 36,878 League distributions — 14,425 — 14,425 Local media rights fees from MSG Networks — 6,211 — 6,211 Other (b) 7,189 2,380 (76 ) 9,493 Total revenues from contracts with customers $ 159,007 $ 56,034 $ (259 ) $ 214,782 Three Months Ended September 30, 2018 MSG MSG Eliminations Total Event-related (a) $ 136,695 $ 10,242 $ — $ 146,937 Sponsorship, signage and suite licenses 15,330 22,255 (170 ) 37,415 League distributions — 14,871 — 14,871 Local media rights fees from MSG Networks — 5,972 — 5,972 Other (b) 10,928 2,012 — 12,940 Total revenues from contracts with customers $ 162,953 $ 55,352 $ (170 ) $ 218,135 _________________ (a) For the three months ended September 30, 2019 and 2018 , the Company’s event related revenue primarily consisted of (i) Tao Group Hospitality ’s entertainment dining and nightlife offerings, (ii) ticket sales and other ticket-related revenues, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales. (b) For the three months ended September 30, 2019 , the Company’s other revenues primarily consisted of managed venue revenues from Tao Group Hospitality . For the three months ended September 30, 2018 , the Company’s other revenues primarily consisted of revenues from Obscura Digital (“Obscura”) and managed venue revenues from Tao Group Hospitality .
Contract with Customer, Contract Assets and Liabilities [Table Text Block]	The following table provides information about contract balances from the Company’s contracts with customers as of September 30, 2019 and June 30, 2019 . September 30, June 30, 2019 2019 Receivables from contracts with customers, net (a) $ 120,980 $ 96,982 Contract assets, current (b) 5,724 7,314 Deferred revenue, including non-current portion (c) 427,672 305,821 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of September 30, 2019 and June 30, 2019 , the Company’s receivables reported above included $100 and $126 , respectively, related to various related parties associated with contracts with customers. See Note 17 for further details on these related party arrangements. (b) Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue primarily relates to the Company’s receipt of consideration from customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to a customer. As of September 30, 2019 , the Company’s deferred revenue related to local media rights with MSG Networks was $32,154 . The Company had no deferred revenue related to local media rights with MSG Networks as of June 30, 2019 . See Note 17 for further details on these related party arrangements. Revenue recognized for the three months ended September 30, 2019 relating to the deferred revenue balance as of June 30, 2019 was $80,354 .
Revenue, Remaining Performance Obligation [Table Text Block]	The following table depicts the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of September 30, 2019 . This primarily relates to performance obligations under sponsorship and suite license arrangements. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks . Fiscal Year 2020 (remainder) $ 191,781 Fiscal Year 2021 192,510 Fiscal Year 2022 146,513 Fiscal Year 2023 83,814 Fiscal Year 2024 58,116 Thereafter 131,871 $ 804,605

Cash, Cash Equivalents and Re_2

Cash, Cash Equivalents and Restricted Cash (Tables)	3 Months Ended
	Sep. 30, 2019
Cash, Cash Equivalents and Restricted Cash [Abstract]
Schedule Of Cash, Cash Equivalents, Restricted Cash And Restricted Cash Equivalents [Table Text Block]	The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash . As of September 30, June 30, September 30, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 952,186 $ 1,086,372 $ 1,068,883 $ 1,225,638 Restricted cash (a) 31,349 31,529 32,330 30,982 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 983,535 $ 1,117,901 $ 1,101,213 $ 1,256,620 _________________ (a) See Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019

Investments and Loans to Nonc_3

Investments and Loans to Nonconsolidated Affiliates (Tables)	3 Months Ended
	Sep. 30, 2019
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 the equity method of accounting and equity investments without readily determinable fair values in accordance with ASC Topic 323, Investments - Equity Method and Joint Ventures and ASC Topic 321, Investments - Equity Securities , respectively, consisted of the following: Ownership Percentage Investment Loan Total September 30, 2019 Equity method investments: SACO Technologies Inc. (“SACO”) 30 % $ 43,070 $ — $ 43,070 Others 7,848 — 7,848 Equity investments without readily determinable fair values (a) 13,334 — 13,334 Total investments and loans to nonconsolidated affiliates $ 64,252 $ — $ 64,252 June 30, 2019 Equity method investments: SACO 30 % $ 44,321 $ — $ 44,321 Tribeca Enterprises LLC (“Tribeca Enterprises”) (b) 50 % — 18,000 18,000 Others 8,372 — 8,372 Equity investments without readily determinable fair values (a) 13,867 — 13,867 Total investments and loans to nonconsolidated affiliates $ 66,560 $ 18,000 $ 84,560 _________________ (a) In accordance with the ASC Topic 321, Investments - Equity Securities, the Company applies the measurement alternative to its equity investments without readily determinable fair values. The Company recorded an impairment charge of $533 for the three months ended September 30, 2019 . See Note 7 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the application of the measurement alternative. (b) On August 5, 2019 , immediately prior to the sale of the Company’s equity capital in Tribeca Enterprises for $18,000 , the Company contributed the $18,000 of indebtedness under the Company’s revolving credit facility to the Company’s equity capital in Tribeca Enterprises .

Leases (Tables)

Leases (Tables)	3 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Lease, Lessee, Supplemental Information [Table Text Block]	The following table summarizes the right-of-use assets and lease liabilities recorded on the Company’s consolidated balance sheet as of September 30, 2019 : Line Item in the Company's Consolidated Balance Sheet Right-of-use assets: Operating leases Right-of-use lease assets $ 251,346 Lease liabilities: Operating leases, current Operating lease liabilities, current $ 51,426 Operating leases, noncurrent Operating lease liabilities, noncurrent 198,709 Total lease liabilities $ 250,135
Lease, Cost [Table Text Block]	The following table summarizes the activity recorded within the Company’s consolidated statement of operations for the three months ended September 30, 2019 : Line Item in the Company's Consolidated Statement of Operations Operating lease cost Direct operating expenses $ 8,325 Operating lease cost Selling, general and administrative expenses 4,815 Short-term lease cost Direct operating expenses 378 Variable lease cost Direct operating expenses 1,534 Variable lease cost Selling, general and administrative expenses 13 Total lease cost $ 15,065
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturities of operating lease liabilities as of September 30, 2019 are as follows: Fiscal Year 2020 (remainder) $ 41,477 Fiscal Year 2021 54,503 Fiscal Year 2022 54,617 Fiscal Year 2023 50,281 Fiscal Year 2024 38,292 Thereafter 126,068 Total lease payments 365,238 Less imputed interest 115,103 Total lease liabilities (a) $ 250,135 ________________ (a) Operating lease payments exclude minimum lease payments related to two locations associated with the entertainment dining and nightlife offerings that the Company has not yet taken possession of the space.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying Amount of Goodwill by Reportable Segment [Table Text Block]	The carrying amounts of goodwill , by reportable segment, as of September 30, 2019 and June 30, 2019 are as follows: MSG Entertainment $ 165,558 MSG Sports 226,955 $ 392,513
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]	The Company’s indefinite-lived intangible assets as of September 30, 2019 and June 30, 2019 are as follows: Sports franchises (MSG Sports) $ 111,064 Trademarks (MSG Entertainment) 62,421 Photographic related rights (MSG Sports) 3,000 $ 176,485
Schedule of Intangible Assets Subject to Amortization [Table Text Block]	The Company’s intangible assets subject to amortization are as follows: September 30, 2019 Gross Accumulated Amortization Net Trade names $ 100,830 $ (13,636 ) $ 87,194 Venue management contracts 79,000 (11,028 ) 67,972 Favorable lease assets (a) — — — Season ticket holder relationships 50,032 (48,375 ) 1,657 Non-compete agreements 11,400 (4,822 ) 6,578 Festival rights 8,080 (1,752 ) 6,328 Other intangibles 10,064 (7,186 ) 2,878 $ 259,406 $ (86,799 ) $ 172,607 June 30, 2019 Gross Accumulated Amortization Net Trade names $ 100,830 $ (12,228 ) $ 88,602 Venue management contracts 79,000 (9,887 ) 69,113 Favorable lease assets (a) 54,253 (10,382 ) 43,871 Season ticket holder relationships 50,032 (47,541 ) 2,491 Non-compete agreements 11,400 (4,311 ) 7,089 Festival rights 8,080 (1,617 ) 6,463 Other intangibles 10,064 (6,987 ) 3,077 $ 313,659 $ (92,953 ) $ 220,706 _________________ (a) Upon adoption of ASC Topic 842, the Company also reclassified favorable lease assets net balance of $43,871 , which was recognized in connection with the acquisition of Tao Group Hospitality , from Amortizable intangible assets, net , to Right-of-use lease assets in the accompanying consolidated balance sheet as of July 1, 2019. In addition, the Company also reclassified unfavorable lease liability of $6,841 , which was reported in Other liabilities in the accompanying consolidated balance sheet, to Right-of-use lease assets as of July 1, 2019.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on a Recurring Basis [Table Text Block]	The following table presents the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents and an equity investment with readily determinable fair value: Fair Value Hierarchy September 30, June 30, Assets: Commercial Paper I $ 144,623 $ 169,707 Money market accounts I 107,720 101,517 Time deposits I 672,910 789,833 Equity investment with readily determinable fair value I 22,553 17,260 Total assets measured at fair value $ 947,806 $ 1,078,317
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 sheets are as follows: September 30, 2019 June 30, 2019 Carrying Value Fair Value Carrying Fair Assets Notes receivable, including interest accruals $ 12,573 $ 12,573 $ 13,348 $ 13,348 Short-term investments (a) 104,597 104,597 108,416 108,416 Equity investment with readily determinable fair value (b) 22,553 22,553 17,260 17,260 Subordinated term loan receivable (c) 58,735 55,942 58,735 57,711 Liabilities Long-term debt, including current portion (d) $ 52,500 $ 52,682 $ 55,000 $ 54,883 _________________ (a) The Company’s short-term investments consist of investments that (i) have original maturities of greater than three months and (ii) can be converted into cash by the Company within one year. (b) Aggregate cost basis for the Company’s equity investment with readily determinable fair value in Townsquare, including transaction costs, was $23,222 as of September 30, 2019 . The fair value of this investment is determined based on quoted market prices in an active market on the NYSE , which is classified within Level I of the fair value hierarchy. For the three months ended September 30, 2019 and 2018 , the Company recorded an unrealized gain of $5,293 and $4,364 , respectively, as a result of changes in the market value related to this investment. The unrealized gain is reported in Miscellaneous income, net in the accompanying consolidated statement of operations. (c) In connection with the sale of the Company’s joint venture interest in Azoff MSG Entertainment LLC (“ AMSGE ”) in December 2018, the $63,500 outstanding balance under the revolving credit facility extended by the Company to AMSGE was converted to a subordinated term loan with a maturity date of September 21, 2021 . The subordinated loan was assumed by an affiliate of AMSGE . During the three months ended March 31, 2019, the Company received a $4,765 principal repayment. The Company’s subordinated term loan receivable is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. (d) On May 23, 2019, TAO Group Intermediate Holdings LLC (“ TAOIH ”) and TAO Group Operating LLC (“ TAOG ”) entered into a $40,000 five -year term loan facility and a $25,000 five -year term revolving facility. The Company’s long-term debt is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. See Note 11 for more information and outstanding balances on this long-term debt. Contingent Consideration Liabilities In connection with the Tao Group Hospitality and CLG acquisitions (see Note 11 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019

Credit Facilities (Tables)

Credit Facilities (Tables)	3 Months Ended
	Sep. 30, 2019
Credit Facilities [Abstract]
Schedule of Debt Outstanding and Deferred Financing Costs [Table Text Block]	The following table summarizes the presentation of the TAO Term Loan Facility and the related deferred financing costs in the accompanying consolidated balance sheets as of September 30, 2019 and June 30, 2019 . September 30, 2019 TAO Term Loan Facility Deferred Financing Costs Total Current portion of long-term debt, net of deferred financing costs $ 5,000 $ (208 ) $ 4,792 Long-term debt, net of deferred financing costs (a) 32,500 (759 ) 31,741 Total $ 37,500 $ (967 ) $ 36,533 June 30, 2019 TAO Term Loan Facility Deferred Financing Costs Total Current portion of long-term debt, net of deferred financing costs $ 6,250 $ (208 ) $ 6,042 Long-term debt, net of deferred financing costs (a) 33,750 (831 ) 32,919 Total $ 40,000 $ (1,039 ) $ 38,961 _________________ (a) In addition to the outstanding balance associated with the TAO Term Loan Facility disclosed above, the Company’s Long-term debt, net of deferred financing costs in the accompanying consolidated balance sheets as of September 30, 2019 and June 30, 2019 also include $637 related to a note with respect to a loan received by BCE from its noncontrolling interest holder that is due in April 2021, and $15,000 outstanding balance under the TAO Revolving Credit Facility .
Schedule of Deferred Financing Costs [Table Text Block]	The following table summarizes deferred financing costs, net of amortization, related to the Knicks Revolving Credit Facility , Rangers Revolving Credit Facility , and TAO Revolving Credit Facility as reported on the accompanying consolidated balance sheet: September 30, June 30, Other current assets $ 760 $ 760 Other assets 1,082 1,273

Pension Plans and Other Postr_2

Pension Plans and Other Postretirement Benefit Plan (Tables)	3 Months Ended
	Sep. 30, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Net Periodic Benefit Cost [Table Text Block]	The following table presents components of net periodic benefit cost for the Pension Plans and Postretirement Plan included in the accompanying consolidated statements of operations for the three months ended September 30, 2019 and 2018 . Service cost is recognized in direct operating expenses and selling, general and administrative expenses. All other components of net periodic benefit cost are reported in Miscellaneous income, net . Pension Plans Postretirement Plan Three Months Ended Three Months Ended September 30, September 30, 2019 2018 2019 2018 Service cost $ 28 $ 20 $ 18 $ 28 Interest cost 1,328 1,473 28 58 Expected return on plan assets (1,331 ) (781 ) — — Recognized actuarial loss 336 318 3 10 Amortization of unrecognized prior service credit — — — (1 ) Net periodic benefit cost $ 361 $ 1,030 $ 49 $ 95
Schedule of Defined Contribution Plans [Table Text Block]	For the three months ended September 30, 2019 and 2018 , expenses related to the Savings Plans and Union Savings Plan included in the accompanying consolidated statements of operations are as follows: Savings Plans Union Savings Plan Three Months Ended Three Months Ended September 30, September 30, 2019 2018 2019 2018 $ 2,858 $ 2,300 $ 22 $ 22

Share-based Compensation (Table

Share-based Compensation (Tables)	3 Months Ended
	Sep. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	The following table summarizes activity related to the Company’s restricted stock units and performance restricted stock units, collectively referred to as “ RSUs ,” for the three months ended September 30, 2019 : Number of Weighted-Average Fair Value Per Share at Date of Grant Nonperformance Based Vesting RSUs Performance Based Vesting Unvested award balance, June 30, 2019 229 359 $ 252.02 Granted (a) 117 114 $ 246.54 Vested (87 ) (121 ) $ 214.27 Forfeited (2 ) (2 ) $ 259.49 Unvested award balance, September 30, 2019 257 350 $ 262.85 _____________________ (a) Includes incremental performance based RSUs (“PRSUs”) that were historically reported at a target payout of 100%. Upon meeting the performance objectives, the number of PRSUs vested at 105.5% of target.
Share-based Payment Arrangement, Option, Activity [Table Text Block]	The following table summarizes activity related to the Company’s stock options for the three months ended September 30, 2019 : Number of Time Vesting Options Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Balance as of June 30, 2019 543 $ 325.47 Granted — $ — Balance as of September 30, 2019 543 $ 325.47 6.81 $ 5,009 Exercisable as of September 30, 2019 144 $ 319.18 6.88 $ 1,670

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Sep. 30, 2019
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 loss: Three Months Ended September 30, 2019 Pension Plans and Postretirement Plan Cumulative Translation Adjustments Accumulated Other Comprehensive Loss Balance as of June 30, 2019 $ (42,080 ) $ (4,843 ) $ (46,923 ) Other comprehensive loss before reclassifications — (10,018 ) (10,018 ) Amounts reclassified from accumulated other comprehensive loss (a) 339 — 339 Other comprehensive income (loss) 339 (10,018 ) (9,679 ) Balance as of September 30, 2019 $ (41,741 ) $ (14,861 ) $ (56,602 ) Three Months Ended September 30, 2018 Pension Plans and Postretirement Plan Cumulative Translation Adjustments Unrealized Loss on Available-for-sale Securities Accumulated Other Comprehensive Loss Balance as of June 30, 2018 $ (40,846 ) $ (502 ) $ (5,570 ) $ (46,918 ) Reclassification of unrealized loss on available-for-sale securities (b) 5,570 5,570 Other comprehensive loss before reclassifications — (951 ) — (951 ) Amounts reclassified from accumulated other comprehensive loss (a) 327 — — 327 Other comprehensive income (loss) 327 (951 ) — (624 ) Balance as of September 30, 2018 $ (40,519 ) $ (1,453 ) $ — $ (41,972 ) ________________ (a) Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Miscellaneous income, net in the accompanying consolidated statements of operations. (b) As of July 1, 2018, upon adoption of ASU No. 2016-01, the Company recorded a transition adjustment to reclassify accumulated other comprehensive loss associated with its investment in Townsquare in the amount of $2,466 pre-tax ( $5,570 , net of tax) to accumulated deficit. See Notes 10 and 18 for more information related to the investment in Townsquare and its impact on the Company’s operating results for the three months ended September 30, 2019 and 2018

Related Party Transactions (Tab

Related Party Transactions (Tables)	3 Months Ended
	Sep. 30, 2019
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 statements of operations for the three months ended September 30, 2019 and 2018 : Three Months Ended September 30, 2019 2018 Revenues $ 7,064 $ 6,734 Operating expenses (credits): Corporate general and administrative expenses, net - MSG Networks $ (2,602 ) $ (2,504 ) Consulting fees — 950 Advertising expenses 43 68 Other operating expenses, net 89 (19 )

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Sep. 30, 2019
Segment Information [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Information as to the operations of the Company’s reportable segments is set forth below. Three Months Ended September 30, 2019 MSG Entertainment MSG Sports Corporate and Other Purchase Inter-segment eliminations Total Revenues $ 159,007 $ 56,034 $ — $ — $ (259 ) $ 214,782 Direct operating expenses 105,927 24,311 121 2,276 (171 ) 132,464 Selling, general and administrative expenses (a) 50,658 50,152 41,655 56 124 142,645 Depreciation and amortization (b) 4,974 1,801 18,874 3,342 — 28,991 Operating loss $ (2,552 ) $ (20,230 ) $ (60,650 ) $ (5,674 ) $ (212 ) $ (89,318 ) Loss in equity method investments (1,473 ) Interest income 7,316 Interest expense (1,841 ) Miscellaneous income, net (c) 5,078 Loss from operations before income taxes $ (80,238 ) Reconciliation of operating loss to adjusted operating income (loss): Operating loss $ (2,552 ) $ (20,230 ) $ (60,650 ) $ (5,674 ) $ (212 ) $ (89,318 ) Add back: Share-based compensation 3,816 4,769 8,306 — — 16,891 Depreciation and amortization 4,974 1,801 18,874 3,342 — 28,991 Other purchase accounting adjustments — — — 2,332 — 2,332 Adjusted operating income (loss) $ 6,238 $ (13,660 ) $ (33,470 ) $ — $ (212 ) $ (41,104 ) Other information: Capital expenditures (d) $ 2,592 $ 6,596 $ 83,798 $ — $ — $ 92,986 Three Months Ended September 30, 2018 MSG Entertainment MSG Sports Corporate and Other Purchase Inter-segment eliminations Total Revenues $ 162,953 $ 55,352 $ — $ — $ (170 ) $ 218,135 Direct operating expenses 107,785 15,319 21 954 (170 ) 123,909 Selling, general and administrative expenses (a) 48,969 42,217 24,076 59 — 115,321 Depreciation and amortization (b) 4,482 1,942 19,270 3,996 — 29,690 Operating income (loss) $ 1,717 $ (4,126 ) $ (43,367 ) $ (5,009 ) $ — $ (50,785 ) Earnings in equity method investments 10,525 Interest income 7,174 Interest expense (4,033 ) Miscellaneous income, net (c) 3,767 Loss from operations before income taxes $ (33,352 ) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 1,717 $ (4,126 ) $ (43,367 ) $ (5,009 ) $ — $ (50,785 ) Add back: Share-based compensation 2,841 2,772 4,576 — — 10,189 Depreciation and amortization 4,482 1,942 19,270 3,996 — 29,690 Other purchase accounting adjustments — — — $ 1,013 $ — 1,013 Adjusted operating income (loss) $ 9,040 $ 588 $ (19,521 ) $ — $ — $ (9,893 ) Other information: Capital expenditures (d) $ 8,299 $ 912 $ 32,804 $ — $ — $ 42,015 _________________ (a) Corporate and Other ’s selling, general and administrative expenses primarily consist of unallocated corporate general and administrative costs, including expenses associated with the Company’s content development and technology associated with the Company’s MSG Sphere initiative, as well as other business development activities. (b) Corporate and Other principally includes depreciation and amortization of The Garden, Hulu Theater at Madison Square Garden, the Forum, and certain corporate property, equipment and leasehold improvement assets not allocated to the Company’s reportable segments. (c) Miscellaneous income, net for the three months ended September 30, 2019 and 2018 includes $5,293 and $4,364 , respectively, of unrealized gain for the Company’s investment in Townsquare in accordance with ASU No. 2016-01. In addition, miscellaneous income, net for the three months ended September 30, 2019 and 2018 also includes non-service cost components of net periodic pension and postretirement benefit cost in accordance with ASU No. 2017-07. See Note 12 for further details on the non-service cost components of net periodic pension and postretirement benefit cost. (d) Substantially all of Corporate and Other ’s capital expenditures for the three months ended September 30, 2019 and 2018 are related to the Company’s planned MSG Spheres in Las Vegas and London.

Description of Business and B_2

Description of Business and Basis of Presentation (Details)	3 Months Ended
	Sep. 30, 2019segments
Description of Business And Basis of Presentation [Abstract]
Number of Reportable Segments	2
Potential Spin-off Distribution Details	The expectation is that the separation will take the form of a pro-rata distribution of 100% of the stock of a new entity that owns the Company’s entertainment assets, with the Company’s stockholders continuing to own 100% of the Company, whose assets will consist of the Company’s sports business.

Accounting Policies (Details)

Accounting Policies (Details)	3 Months Ended
	Sep. 30, 2019
Tao [Member]
Accounting Policies [Line Items]
Lag period in recording company share of loss or income generated by majority-owned consolidated subsidiaries.	3 months

Accounting Policies - New Accou

Accounting Policies - New Accounting Pronouncement (Details) - USD ($) $ in Thousands	Jul. 01, 2019	Sep. 30, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right-of-use lease assets		$ 251,346
Operating lease liabilities, current		51,426
Operating lease liabilities, noncurrent		$ 198,709
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease, Practical Expedients, Package [true false]	true
Lease, Practical Expedient, Use of Hindsight [true false]	false
Right-of-use lease assets	$ 261,110
Operating lease liabilities, current	51,389
Operating lease liabilities, noncurrent	$ 207,425

Disaggregation of Revenue (Deta

Disaggregation of Revenue (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Revenues	[1]	$ 214,782	$ 218,135
Event-related [Member]
Disaggregation of Revenue [Line Items]
Revenues	[2]	147,775	146,937
Sponsorship, signage and suite licenses [Member]
Disaggregation of Revenue [Line Items]
Revenues		36,878	37,415
League Distribution [Member]
Disaggregation of Revenue [Line Items]
Revenues		14,425	14,871
Local Media Rights [Member]
Disaggregation of Revenue [Line Items]
Revenues		6,211	5,972
Product and Service, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	[3]	9,493	12,940
Operating Segments [Member] | Madison Square Garden Entertainment [Member]
Disaggregation of Revenue [Line Items]
Revenues		159,007	162,953
Operating Segments [Member] | Madison Square Garden Entertainment [Member] | Event-related [Member]
Disaggregation of Revenue [Line Items]
Revenues		136,748	136,695
Operating Segments [Member] | Madison Square Garden Entertainment [Member] | Sponsorship, signage and suite licenses [Member]
Disaggregation of Revenue [Line Items]
Revenues		15,070	15,330
Operating Segments [Member] | Madison Square Garden Entertainment [Member] | Product and Service, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues		7,189	10,928
Operating Segments [Member] | Madison Square Garden Sports [Member]
Disaggregation of Revenue [Line Items]
Revenues		56,034	55,352
Operating Segments [Member] | Madison Square Garden Sports [Member] | Event-related [Member]
Disaggregation of Revenue [Line Items]
Revenues		11,040	10,242
Operating Segments [Member] | Madison Square Garden Sports [Member] | Sponsorship, signage and suite licenses [Member]
Disaggregation of Revenue [Line Items]
Revenues		21,978	22,255
Operating Segments [Member] | Madison Square Garden Sports [Member] | League Distribution [Member]
Disaggregation of Revenue [Line Items]
Revenues		14,425	14,871
Operating Segments [Member] | Madison Square Garden Sports [Member] | Local Media Rights [Member]
Disaggregation of Revenue [Line Items]
Revenues		6,211	5,972
Operating Segments [Member] | Madison Square Garden Sports [Member] | Product and Service, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues		2,380	2,012
Intersegment Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenues		(259)	(170)
Intersegment Eliminations [Member] | Event-related [Member]
Disaggregation of Revenue [Line Items]
Revenues		(13)	0
Intersegment Eliminations [Member] | Sponsorship, signage and suite licenses [Member]
Disaggregation of Revenue [Line Items]
Revenues		(170)	$ (170)
Intersegment Eliminations [Member] | Product and Service, Other [Member]
Disaggregation of Revenue [Line Items]
Revenues		$ (76)
[1]	Includes revenues from related parties of $7,064 and $6,734 for the three months ended September 30, 2019 and 2018 , respectively.
[2]	For the three months ended September 30, 2019 and 2018 , the Company’s event related revenue primarily consisted of (i) Tao Group Hospitality ’s entertainment dining and nightlife offerings, (ii) ticket sales and other ticket-related revenues, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales.
[3]	For the three months ended September 30, 2019 , the Company’s other revenues primarily consisted of managed venue revenues from Tao Group Hospitality . For the three months ended September 30, 2018 , the Company’s other revenues primarily consisted of revenues from Obscura Digital (“Obscura”) and managed venue revenues from Tao Group Hospitality

Contract Balances (Details)

Contract Balances (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Jun. 30, 2019
Contract Assets and Liabilities [Line Items]
Contract with Customer, Deferred Revenue, Revenue Recognized		$ 80,354
Accounts Receivable and Related Party Receivables [Member]
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	[1]	120,980	$ 96,982
Other Current Assets [Member]
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	[2]	5,724	7,314
Deferred Revenue and Other Liabilities [Member]
Contract Assets and Liabilities [Line Items]
Deferred revenue, including non-current portion	[3]	427,672	305,821
Affiliated Entities [Member] | Net related party receivables [Member]
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	[1]	100	126
MSG Networks [Member] | Deferred Revenue and Other Liabilities [Member]
Contract Assets and Liabilities [Line Items]
Deferred revenue, including non-current portion		$ 32,154	$ 0
[1]	Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of September 30, 2019 and June 30, 2019 , the Company’s receivables reported above included $100 and $126 , respectively, related to various related parties associated with contracts with customers. See Note 17
[2]	Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional.
[3]	Deferred revenue primarily relates to the Company’s receipt of consideration from customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to a customer. As of September 30, 2019 , the Company’s deferred revenue related to local media rights with MSG Networks was $32,154 . The Company had no deferred revenue related to local media rights with MSG Networks as of June 30, 2019 . See Note 17 for further details on these related party arrangements. Revenue recognized for the three months ended September 30, 2019 relating to the deferred revenue balance as of June 30, 2019 was $80,354

Remaining Performance Obligatio

Remaining Performance Obligation (Details) $ in Thousands	Sep. 30, 2019USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-09-30
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 804,605
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	9 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 191,781
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 192,510
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 146,513
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 83,814
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 58,116
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 131,871
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	4 years 3 months

Team Personnel Transactions (De

Team Personnel Transactions (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Team Personnel Transactions [Abstract]
Team Personnel Transactions	$ 10,243	$ (667)

Cash, Cash Equivalents and Re_3

Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands		Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Cash, Cash Equivalents and Restricted Cash [Abstract]
Cash and cash equivalents		$ 952,186	$ 1,086,372	$ 1,068,883	$ 1,225,638
Restricted cash	[1]	31,349	31,529	32,330	30,982
Cash, cash equivalents and restricted cash on the consolidated statements of cash flows		$ 983,535	$ 1,117,901	$ 1,101,213	$ 1,256,620
[1]	See Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019

Investments and Loans to Nonc_4

Investments and Loans to Nonconsolidated Affiliates (Details) - USD ($) $ in Thousands		Aug. 05, 2019	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Schedule of Investments [Line Items]
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount			$ 533
Investments			64,252		$ 66,560
Advances to Affiliates			0		18,000
Investments and loans to nonconsolidated affiliates			64,252		$ 84,560
Proceeds from Sale of Equity Method Investments			$ 18,000	$ 0
Tribeca Enterprises, LLC [Member]
Schedule of Investments [Line Items]
Disposal Date		Aug. 5, 2019
Proceeds from Sale of Equity Method Investments		$ 18,000
Noncash or Part Noncash Acquisition, Debt Assumed		$ 18,000
Equity Method Investments [Member] | SACO [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage			30.00%		30.00%
Investments			$ 43,070		$ 44,321
Advances to Affiliates			0		0
Investments and loans to nonconsolidated affiliates			43,070		$ 44,321
Equity Method Investments [Member] | Tribeca Enterprises, LLC [Member]
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage					50.00%
Investments					$ 0
Advances to Affiliates	[1]				18,000
Investments and loans to nonconsolidated affiliates					18,000
Equity Method Investments [Member] | Other Equity Method Investee [Member]
Schedule of Investments [Line Items]
Investments			7,848		8,372
Advances to Affiliates			0		0
Investments and loans to nonconsolidated affiliates			7,848		8,372
Equity Securities Investment Without Readily Determinable Fair Value [Member] | Other Investees [Member]
Schedule of Investments [Line Items]
Investments	[2]		13,334		13,867
Advances to Affiliates			0		0
Investments and loans to nonconsolidated affiliates			$ 13,334		$ 13,867
[1]	On August 5, 2019 , immediately prior to the sale of the Company’s equity capital in Tribeca Enterprises for $18,000 , the Company contributed the $18,000 of indebtedness under the Company’s revolving credit facility to the Company’s equity capital in Tribeca Enterprises
[2]	The Company recorded an impairment charge of $533 for the three months ended September 30, 2019 . See Note 7 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 for more information regarding the application of the measurement alternative.

Investments and Loans to Nonc_5

Investments and Loans to Nonconsolidated Affiliates Equity Investment with Readily Determinable Fair Value (Details) shares in Thousands	Sep. 30, 2019shares
Townsquare [Member]
Debt and Equity Securities, FV-NI [Line Items]
Investment Owned, Balance, Shares	3,208

Leases (Lease term) (Details)

Leases (Lease term) (Details)	3 Months Ended
	Sep. 30, 2019
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Option to Extend	In certain instances, leases include options to renew, with varying option terms in each case. The exercise of lease renewal options is generally at the Company’s discretion and is considered in the Company’s assessment of the respective lease term.
Lessee, Operating Lease, Restriction or Covenant	The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants.
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	4 months
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	19 years

Leases (Assets and Liabilities

Leases (Assets and Liabilities Recognized) (Details) $ in Thousands	Sep. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
Right-of-use lease assets	$ 251,346
Operating lease liabilities, current	51,426
Operating lease liabilities, noncurrent	198,709
Operating Lease, Liability	250,135	[1]
Right of Use Lease Assets [Member]
Lessee, Lease, Description [Line Items]
Right-of-use lease assets	251,346
Current portion of right-of-use lease liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current	51,426
Long-term right-of-use lease liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating lease liabilities, noncurrent	$ 198,709
[1]	Operating lease payments exclude minimum lease payments related to two locations associated with the entertainment dining and nightlife offerings that the Company has not yet taken possession of the space.

Leases (Costs incurred in the p

Leases (Costs incurred in the period) (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
Lease, Cost	$ 15,065
Direct Operating Expenses [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Cost	8,325
Short-term Lease, Cost	378
Variable Lease, Cost	1,534
Selling, General and Administrative Expenses [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Cost	4,815
Variable Lease, Cost	$ 13

Leases (Supplemental Informatio

Leases (Supplemental Information) (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)
Lease, Lessee, Supplemental Information [Line Items]
Operating Lease, Payments	$ 13,281
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 0
Operating Lease, Weighted Average Remaining Lease Term	6 years 8 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	9.35%
Lessee, Operating Lease, Assumptions and Judgments, Discount Rate, Description	the Company’s estimated incremental borrowing rate, assuming a secured borrowing, based on the remaining lease term at the time of either (i) adoption of the standard or (ii) the period in which the lease term expectation was modified.

Leases (Remaining liabilities)

Leases (Remaining liabilities) (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	$ 41,477
Lessee, Operating Lease, Liability, Payments, Due Year Two	54,503
Lessee, Operating Lease, Liability, Payments, Due Year Three	54,617
Lessee, Operating Lease, Liability, Payments, Due Year Four	50,281
Lessee, Operating Lease, Liability, Payments, Due Year Five	38,292
Lessee, Operating Lease, Liability, Payments, Due after Year Five	126,068
Lessee, Operating Lease, Liability, Payments, Due	365,238
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	115,103
Operating Lease, Liability	$ 250,135	[1]
Lessee, Operating Lease, Lease Not yet Commenced, Description	Operating lease payments exclude minimum lease payments related to two locations associated with the entertainment dining and nightlife offerings that the Company has not yet taken possession of the space.
[1]	Operating lease payments exclude minimum lease payments related to two locations associated with the entertainment dining and nightlife offerings that the Company has not yet taken possession of the space.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Carrying Amount of Goodwill By Reportable Segment) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Goodwill [Line Items]
Goodwill	$ 392,513	$ 392,513
Impairment of goodwill	0
Madison Square Garden Entertainment [Member]
Goodwill [Line Items]
Goodwill	165,558	165,558
Madison Square Garden Sports [Member]
Goodwill [Line Items]
Goodwill	$ 226,955	$ 226,955

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	$ 176,485	$ 176,485
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	111,064	111,064
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 Asset_4

Goodwill and Intangible Assets (Schedule of Intangible Assets Subject To Amortization) (Details) - USD ($) $ in Thousands		Sep. 30, 2019	Jul. 01, 2019	Jun. 30, 2019
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		$ 259,406		$ 313,659
Amortizable Intangible Assets, Accumulated Amortization		(86,799)		(92,953)
Amortizable Intangible Assets, Net		172,607		220,706
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		100,830		100,830
Amortizable Intangible Assets, Accumulated Amortization		(13,636)		(12,228)
Amortizable Intangible Assets, Net		87,194		88,602
Venue Management Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		79,000		79,000
Amortizable Intangible Assets, Accumulated Amortization		(11,028)		(9,887)
Amortizable Intangible Assets, Net		67,972		69,113
Favorable Lease Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross	[1]	0		54,253
Amortizable Intangible Assets, Accumulated Amortization	[1]	0		(10,382)
Amortizable Intangible Assets, Net	[1]	0		43,871
Season Ticket Holder Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		50,032		50,032
Amortizable Intangible Assets, Accumulated Amortization		(48,375)		(47,541)
Amortizable Intangible Assets, Net		1,657		2,491
Non-compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		11,400		11,400
Amortizable Intangible Assets, Accumulated Amortization		(4,822)		(4,311)
Amortizable Intangible Assets, Net		6,578		7,089
Festival Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		8,080		8,080
Amortizable Intangible Assets, Accumulated Amortization		(1,752)		(1,617)
Amortizable Intangible Assets, Net		6,328		6,463
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets,Gross		10,064		10,064
Amortizable Intangible Assets, Accumulated Amortization		(7,186)		(6,987)
Amortizable Intangible Assets, Net		$ 2,878		$ 3,077
Right of Use Lease Assets [Member] | Accounting Standards Update 2016-02 [Member]
Finite-Lived Intangible Assets [Line Items]
Unfavorable Lease Liability			$ 6,841
Right of Use Lease Assets [Member] | Accounting Standards Update 2016-02 [Member] | Favorable Lease Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets, Net			$ 43,871
[1]	Upon adoption of ASC Topic 842, the Company also reclassified favorable lease assets net balance of $43,871 , which was recognized in connection with the acquisition of Tao Group Hospitality , from Amortizable intangible assets, net , to Right-of-use lease assets in the accompanying consolidated balance sheet as of July 1, 2019. In addition, the Company also reclassified unfavorable lease liability of $6,841 , which was reported in Other liabilities in the accompanying consolidated balance sheet, to Right-of-use lease assets as of July 1, 2019.

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Amortization Expense - Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 4,228	$ 4,612
Rent Expense [Member] | Favorable Lease Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets		$ 1,219

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 947,806	$ 1,078,317
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	144,623	169,707
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	107,720	101,517
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	672,910	789,833
Equity Securities With Readily Determinable Fair Values [Member] | Level I [Member]
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 22,553	$ 17,260

Fair Value Measurements (Sche_2

Fair Value Measurements (Schedule of Financial Instruments) (Details) - USD ($) $ in Thousands		May 23, 2019	Dec. 05, 2018	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2019
Notes Receivable [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets				$ 12,573			$ 13,348
Fair Value Of Financial Instrument Assets				12,573			13,348
Short-term Investments [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets	[1]			104,597			108,416
Fair Value Of Financial Instrument Assets	[1]			104,597			108,416
Equity Securities With Readily Determinable Fair Values [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets	[2]			22,553			17,260
Fair Value Of Financial Instrument Assets	[2]			22,553			17,260
Subordinated Loan Receivable [Member]
Schedule Of Financial Instruments [Line Items]
Carrying Value Of Financial Instrument Assets				58,735			58,735
Fair Value Of Financial Instrument Assets	[3]			55,942			57,711
Debt [Member]
Schedule Of Financial Instruments [Line Items]
Carry Value Of Financial Instrument Liabilities				52,500			55,000
Fair Value Of Financial Instrument Liabilities	[4]			52,682			$ 54,883
Secured Debt [Member] | Tao [Member]
Schedule Of Financial Instruments [Line Items]
Debt Instrument, Face Amount		$ 40,000
Debt Instrument, Term		5 years
Revolving Credit Facility [Member] | Tao [Member]
Schedule Of Financial Instruments [Line Items]
Debt Instrument, Face Amount		$ 25,000
Debt Instrument, Term		5 years
Townsquare [Member]
Schedule Of Financial Instruments [Line Items]
Cost of equity investment with readily determinable fair value				23,222
The Azoff Company Equity LLC
Schedule Of Financial Instruments [Line Items]
Financing Receivable, before Allowance for Credit Loss, Noncurrent			$ 63,500
Loan repayment received from subordinated debt					$ 4,765
The Azoff Company Equity LLC | Subordinated Loan Receivable [Member]
Schedule Of Financial Instruments [Line Items]
Debt Instrument, Maturity Date			Sep. 21, 2021
Miscellaneous income (expense) | Townsquare [Member]
Schedule Of Financial Instruments [Line Items]
Unrealized Gain (Loss) on Securities				$ 5,293		$ 4,364
[1]	The Company’s short-term investments consist of investments that (i) have original maturities of greater than three months and (ii) can be converted into cash by the Company within one year.
[2]	Aggregate cost basis for the Company’s equity investment with readily determinable fair value in Townsquare, including transaction costs, was $23,222 as of September 30, 2019 . The fair value of this investment is determined based on quoted market prices in an active market on the NYSE , which is classified within Level I of the fair value hierarchy. For the three months ended September 30, 2019 and 2018 , the Company recorded an unrealized gain of $5,293 and $4,364 , respectively, as a result of changes in the market value related to this investment. The unrealized gain is reported in Miscellaneous income, net in the accompanying consolidated statement of operations.
[3]	In connection with the sale of the Company’s joint venture interest in Azoff MSG Entertainment LLC (“ AMSGE ”) in December 2018, the $63,500 outstanding balance under the revolving credit facility extended by the Company to AMSGE was converted to a subordinated term loan with a maturity date of September 21, 2021 . The subordinated loan was assumed by an affiliate of AMSGE . During the three months ended March 31, 2019, the Company received a $4,765 principal repayment. The Company’s subordinated term loan receivable is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable.
[4]	On May 23, 2019, TAO Group Intermediate Holdings LLC (“ TAOIH ”) and TAO Group Operating LLC (“ TAOG ”) entered into a $40,000 five -year term loan facility and a $25,000 five -year term revolving facility. The Company’s long-term debt is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. See Note 11

Fair Value Measurements (Contin

Fair Value Measurements (Contingent Consideration) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Fair Value, Inputs, Level 3 [Member] | TAO and CLG [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Business Combination, Contingent Consideration, Liability	$ 3,349	$ 3,349

Credit Facilities (Knicks and R

Credit Facilities (Knicks and Rangers Narrative) (Details) - Revolving Credit Facility [Member] - USD ($) $ in Thousands	Jan. 25, 2017	Sep. 30, 2016	Sep. 30, 2019
Knicks [Member] | Collateral Pledged [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 200,000
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.
Knicks [Member] | Collateral Pledged [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage			0.20%
Knicks [Member] | Collateral Pledged [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage			0.25%
Knicks [Member] | Uncollateralized [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 15,000
Debt Instrument, Term		364 days
Refinanced or Renewal, Description			Knicks LLC renewed this facility with the lender on the same terms in successive years and the facility has been renewed for a new term effective as of September 27, 2019.
Line of Credit Facility, Amount Outstanding			$ 0
Rangers [Member] | Collateral Pledged [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 150,000
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
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 qualified revenues are less than 17% of the maximum available amount under the Rangers Revolving Credit Facility.
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.
Rangers [Member] | Collateral Pledged [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage			0.375%
Rangers [Member] | Collateral Pledged [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Commitment Fee Percentage			0.625%

Credit Facilities Credit Facili

Credit Facilities Credit Facilities (TAO Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Oct. 31, 2019	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019	May 23, 2019
Debt Instrument [Line Items]
Repayments of Long-term Debt		$ 2,500	$ 3,242
The Madison Square Garden Company [Member] | Consolidation, Eliminations [Member] | Tao [Member]
Debt Instrument [Line Items]
Loans Payable					$ 49,000
Tao [Member] | TAO 2019 Senior Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description		The Senior Credit Agreement requires Intermediate Holdings to comply with a maximum total leverage ratio of 4.00:1.00 and a maximum senior leverage ratio of 3.00:1.00 from the closing date until December 31, 2021 and a maximum total leverage ratio of 3.50:1.00 and a maximum senior leverage ratio of 2.50:1.00 from and after December 31, 2021. In addition, there is a minimum fixed charge coverage ratio of 1.25:1.00 for TAOIH.
Debt Instrument, Covenant Compliance		TAOIH was in compliance with these financial covenants.
Debt Instrument, Interest Rate Terms		Borrowings under the TAO Senior Credit Agreement bear interest at a floating rate, which at the option of the Senior Borrower may be either (a) a base rate plus an additional rate ranging from 1.50% to 2.50% per annum (determined based on a total leverage ratio) (the “Base Rate”), or (b) a Eurocurrency rate plus an additional rate ranging from 2.50% to 3.50% per annum (determined based on a total leverage ratio) (the “Eurocurrency Rate”)
Line of Credit Facility, Commitment Fee Percentage		0.50%
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate		4.55%
Interest Payment		$ 716
Debt Instrument, Restrictive Covenants		The TAO Senior Credit Agreement contains certain restrictions on the ability of TAOIH, the TAOG and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the TAO Senior Credit Agreement, including, without limitation, the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making investments, loans or advances in or to other persons; (iv) paying dividends and distributions or repurchasing capital stock; (v) engaging in certain transactions with affiliates; (vi) amending specified agreements; (vii) merging or consolidating; (viii) making certain dispositions; and (ix) entering into agreements that restrict the granting of liens.
Debt Instrument, Payment Terms		Subject to customary notice and minimum amount conditions, TAOG may voluntarily prepay outstanding loans under the TAO Senior Credit Agreement at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to Eurocurrency loans). The initial TAO Term Loan Facility amortizes quarterly in accordance with its terms from June 30, 2019 through March 31, 2024 with a final maturity date on May 23, 2024.
Debt Instrument, Subjective Acceleration Clause		TAOG is required to make mandatory prepayments on the TAO Term Loan Facility from the net cash proceeds of certain sales of assets (including TAO Collateral) or casualty insurance and/or condemnation recoveries (in each case, subject to certain reinvestment, repair or replacement rights) and the incurrence of certain indebtedness, subject to certain exceptions.
Tao [Member] | TAO 2017 Credit Agreement [Member]
Debt Instrument [Line Items]
Interest Payment			$ 2,759
Tao [Member] | Loans Payable [Member] | TAO 2019 Senior Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount					$ 40,000
Long-term Debt, Term					5 years
Revolving Credit Facility [Member] | Tao [Member] | TAO 2019 Senior Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount					$ 25,000
Long-term Debt, Term					5 years
Long-term Debt, Outstanding Balance		$ 15,000		$ 15,000
Revolving Credit Facility [Member] | Tao [Member] | TAO 2019 Senior Credit Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount					$ 5,000
Subsequent Event [Member] | Revolving Credit Facility [Member] | Tao [Member] | TAO 2019 Senior Credit Agreement [Member]
Debt Instrument [Line Items]
Repayments of Long-term Debt	$ 15,000

Credit Facilities (Debt Outstan

Credit Facilities (Debt Outstanding and Deferred Financing Costs) (Details) - USD ($) $ in Thousands	Sep. 30, 2019		Jun. 30, 2019
Secured Debt [Member] | Tao [Member] | Other Current Liabilities [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Net	$ (208)		$ (208)
Long-term Debt, Net	4,792	[1]	6,042
Long-term Debt, Outstanding Balance	5,000		6,250
Secured Debt [Member] | Tao [Member] | Other Noncurrent Liabilities [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Net	(759)		(831)
Long-term Debt, Net	31,741		32,919
Long-term Debt, Outstanding Balance	32,500		33,750
Secured Debt [Member] | Tao [Member] | Liability [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Net	(967)		(1,039)
Long-term Debt, Net	36,533		38,961
Long-term Debt, Outstanding Balance	37,500		40,000
BCE [Member]
Debt Instrument [Line Items]
Notes Payable, Related Parties	637		637
Revolving Credit Facility [Member] | TAO 2019 Senior Credit Agreement [Member] | Tao [Member]
Debt Instrument [Line Items]
Long-term Debt, Outstanding Balance	$ 15,000		$ 15,000
[1]	In addition to the outstanding balance associated with the TAO Term Loan Facility disclosed above, the Company’s Long-term debt, net of deferred financing costs in the accompanying consolidated balance sheets as of September 30, 2019 and June 30, 2019 also include $637 related to a note with respect to a loan received by BCE from its noncontrolling interest holder that is due in April 2021, and $15,000 outstanding balance under the TAO Revolving Credit Facility

Credit Facilities (Other Deferr

Credit Facilities (Other Deferred Financing Costs) (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019
Other Current Assets [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Net	$ 760	$ 760
Other Assets [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Net	$ 1,082	$ 1,273

Pension Plans and Other Postr_3

Pension Plans and Other Postretirement Benefit Plan (Schedule of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Pension Plans [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 28	$ 20
Interest cost	1,328	1,473
Expected return on plan assets	(1,331)	(781)
Recognized actuarial loss	336	318
Amortization of unrecognized prior service cost (credit)	0	0
Net periodic benefit cost	361	1,030
Postretirement Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	18	28
Interest cost	28	58
Expected return on plan assets	0	0
Recognized actuarial loss	3	10
Amortization of unrecognized prior service cost (credit)	0	(1)
Net periodic benefit cost	$ 49	$ 95

Defined Contribution Plan Sched

Defined Contribution Plan Schedule of Defined Contribution Plans (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
MSG Saving Plans [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost	$ 2,858	$ 2,300
MSG Union Plan [Member]
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost	$ 22	$ 22

Share-based Compensation Narrat

Share-based Compensation Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Expense	$ 16,891	$ 10,189
Share-based compensation capitalized amount	$ 1,250	$ 0

Share-based Compensation, Restr

Share-based Compensation, Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares shares in Thousands		3 Months Ended
		Sep. 30, 2019		Sep. 30, 2018
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		$ 252.02
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value		246.54	[1]	$ 304.32
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value		214.27
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value		259.49
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance		$ 262.85
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		229
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	[1]	117
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period		(87)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period		(2)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance		257
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		359
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	[1]	114
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period		(121)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period		(2)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance		350
[1]	Includes incremental performance based RSUs (“PRSUs”) that were historically reported at a target payout of 100%. Upon meeting the performance objectives, the number of PRSUs vested at 105.5% of target.

Share-based Compensation, Res_2

Share-based Compensation, Restricted Stock Units Activity Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019		Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payment, Tax Withholding, Share-based Payment Arrangement	$ 23,446		$ 16,712
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	$ 53,522		$ 44,040
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation	91
Payment, Tax Withholding, Share-based Payment Arrangement	$ 23,446
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 246.54	[1]	$ 304.32
[1]	Includes incremental performance based RSUs (“PRSUs”) that were historically reported at a target payout of 100%. Upon meeting the performance objectives, the number of PRSUs vested at 105.5% of target.

Share-based Compensation, Stock

Share-based Compensation, Stock Options Activity (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price (Beginning)	$ 325.47
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price (Ending)	$ 325.47
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value (Ending) | $	$ 5,009
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	6 years 9 months 21 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	6 years 10 months 17 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 319.18
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value | $	$ 1,670
Non-Performance Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (Beginning) | shares	543
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (Ending) | shares	543
Share-based Payment Arrangement, Option, Exercise Price Range, Shares Exercisable | shares	144

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($) shares in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 11, 2015
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount		$ 525,000,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 259,639,000
Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury Stock, Shares, Acquired	0
Treasury Stock, Value, Acquired, Cost Method	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	[1]		$ 5,570
Accumulated Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Pension and Postretirement, Beginning Balance		$ (42,080)	(40,846)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, before Tax	[2]	339	327
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax (If Applicable)		339	327
Accumulated Other Comprehensive Income (Loss), Pension and Postretirement Benefit Plans, Ending Balance		(41,741)	(40,519)
Accumulated Other Comprehensive Income (Loss), Cumulative Translation Adjustments [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Beginning Balance		(4,843)	(502)
Cumulative translation adjustments		(10,018)	(951)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax		0	0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax		(10,018)	(951)
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Ending Balance		(14,861)	(1,453)
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities, Beginning Balance			(5,570)
Cumulative Effect on Retained Earnings, Net of Tax	[1]		5,570
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance		(46,923)	(46,918)
Cumulative Effect on Retained Earnings, Net of Tax	[1]		5,570
Other Comprehensive Income (Loss), before Reclassifications, before Tax		(10,018)	(951)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	[2]	339	327
Other comprehensive loss		(9,679)	(624)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance		(56,602)	$ (41,972)
Adoption of ASU No. 2016-01
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative Effect on Retained Earnings, before Tax		2,466
Cumulative Effect on Retained Earnings, Net of Tax		5,570
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax [Roll Forward]
Cumulative Effect on Retained Earnings, Net of Tax		5,570
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Cumulative Effect on Retained Earnings, Net of Tax		$ 5,570
[1]	As of July 1, 2018, upon adoption of ASU No. 2016-01, the Company recorded a transition adjustment to reclassify accumulated other comprehensive loss associated with its investment in Townsquare in the amount of $2,466 pre-tax ( $5,570 , net of tax) to accumulated deficit. See Notes 10 and 18 for more information related to the investment in Townsquare and its impact on the Company’s operating results for the three months ended September 30, 2019 and 2018
[2]	Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Miscellaneous income, net in the accompanying consolidated statements of operations.

Income Taxes (Rate Reconciliati

Income Taxes (Rate Reconciliation - Narrative) (Details) - USD ($)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 428,000	$ 696,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount of Expense	$ 26,710,000	$ 11,334,000
Effective Income Tax Rate Reconciliation, Tax Cuts and Jobs Act Measurement Period Adjustment, Income Tax Expense		3,987,000
Effective Income Tax Rate Reconciliation, Nondeductible Expense Officer Compensation, Amount of Tax Expense	1,461,000
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount of Tax Benefits	7,735,000	3,095,000
Effective Income Tax Rate Reconciliation, Excess Tax Benefits on Share-based Compensation, Amount of Tax Benefits	$ 3,510,000	$ 5,407,000

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)
Related Party Transaction [Line Items]
Aggregate Voting Power Held By Related Party	71.10%
Common Class A [Member]
Related Party Transaction [Line Items]
Percentage of Common Stock Owned by Related Party	3.50%
Common Class B [Member]
Related Party Transaction [Line Items]
Percentage of Common Stock Owned by Related Party	100.00%
BCE [Member]
Related Party Transaction [Line Items]
Notes Payable, Related Parties, Current	$ 637
Other nonconsolidated affiliate [Member]
Related Party Transaction [Line Items]
Property, Plant and Equipment, Additions	$ 3,199

Related Party Transactions (Tra

Related Party Transactions (Transactions by Type) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Related Party Transaction [Line Items]
Revenues	$ 7,064	$ 6,734
Consulting fees	0	950
Advertising expenses	43	68
Other operating expenses, net	89	(19)
MSG Networks [Member]
Related Party Transaction [Line Items]
Corporate general and administrative, net	$ (2,602)	$ (2,504)

Related Party Transactions (T_2

Related Party Transactions (Transactions by Type Narrative) (Details) - USD ($) $ in Thousands	Aug. 05, 2019	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Tribeca Enterprises, LLC [Member]
Related Party Transaction [Line Items]
Disposal Date	Aug. 5, 2019
MSG Networks [Member] | Service Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction		$ 2,641	$ 2,508
MSG Networks [Member] | Local Media Rights [Member]
Related Party Transaction [Line Items]
Contract with Customer, Liability (Deferred Revenue)		$ 32,154		$ 0

Segment Information (Narrative)

Segment Information (Narrative) (Details)	3 Months Ended
	Sep. 30, 2019segments
Segment Reporting (Narrative) [Abstract]
Number of Reportable Segments	2

Segment Information (Schedule o

Segment Information (Schedule of Segment Reporting Information by Segment) (Details) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Revenues	[1]	$ 214,782	$ 218,135
Direct operating expenses	[2]	132,464	123,909
Selling, General and Administrative Expenses	[3]	142,645	115,321
Depreciation and amortization		28,991	29,690
Operating income (loss)		(89,318)	(50,785)
Earnings (loss) in equity method investments		(1,473)	10,525
Interest income		7,316	7,174	[4]
Interest expense		(1,841)	(4,033)
Miscellaneous income, net	[5]	5,078	3,767
Income (loss) from operations before income taxes		(80,238)	(33,352)
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(89,318)	(50,785)
Share-based compensation expense		16,891	10,189
Depreciation and amortization		28,991	29,690
Other purchase accounting adjustments		2,332	1,013
Adjusted operating income (loss)		(41,104)	(9,893)
Other Information:
Capital expenditures		92,986	42,015
Operating Segments [Member] | Madison Square Garden Entertainment [Member]
Segment Reporting Information [Line Items]
Revenues		159,007	162,953
Direct operating expenses		105,927	107,785
Selling, General and Administrative Expenses		50,658	48,969
Depreciation and amortization		4,974	4,482
Operating income (loss)		(2,552)	1,717
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(2,552)	1,717
Share-based compensation expense		3,816	2,841
Depreciation and amortization		4,974	4,482
Other purchase accounting adjustments			0
Adjusted operating income (loss)		6,238	9,040
Other Information:
Capital expenditures		2,592	8,299
Operating Segments [Member] | Madison Square Garden Sports [Member]
Segment Reporting Information [Line Items]
Revenues		56,034	55,352
Direct operating expenses		24,311	15,319
Selling, General and Administrative Expenses		50,152	42,217
Depreciation and amortization		1,801	1,942
Operating income (loss)		(20,230)	(4,126)
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(20,230)	(4,126)
Share-based compensation expense		4,769	2,772
Depreciation and amortization		1,801	1,942
Other purchase accounting adjustments			0
Adjusted operating income (loss)		(13,660)	588
Other Information:
Capital expenditures		6,596	912
Corporate and Other, Non-Segment [Member]
Segment Reporting Information [Line Items]
Revenues		0	0
Direct operating expenses		121	21
Selling, General and Administrative Expenses	[6]	41,655	24,076
Depreciation and amortization	[7]	18,874	19,270
Operating income (loss)		(60,650)	(43,367)
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(60,650)	(43,367)
Share-based compensation expense		8,306	4,576
Depreciation and amortization	[7]	18,874	19,270
Other purchase accounting adjustments			0
Adjusted operating income (loss)		(33,470)	(19,521)
Other Information:
Capital expenditures	[8]	83,798	32,804
Segment Reconciling Items for Purchase Accounting Adjustments [Member]
Segment Reporting Information [Line Items]
Revenues		0	0
Direct operating expenses		2,276	954
Selling, General and Administrative Expenses		56	59
Depreciation and amortization		3,342	3,996
Operating income (loss)		(5,674)	(5,009)
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(5,674)	(5,009)
Share-based compensation expense		0	0
Depreciation and amortization		3,342	3,996
Other purchase accounting adjustments		2,332	1,013
Adjusted operating income (loss)		0	0
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues		(259)	(170)
Direct operating expenses		(171)	(170)
Selling, General and Administrative Expenses		124	0
Operating income (loss)		(212)
Reconciliation of operating income (loss) to adjusted operating income (loss):
Operating income (loss)		(212)
Adjusted operating income (loss)		(212)
Townsquare [Member] | Miscellaneous income (expense)
Other Information:
Unrealized Gain (Loss) on Securities		$ 5,293	$ 4,364
[1]	Includes revenues from related parties of $7,064 and $6,734 for the three months ended September 30, 2019 and 2018 , respectively.
[2]	Includes net charges from related parties of $221 and $164 for the three months ended September 30, 2019 and 2018 , respectively.
[3]	Includes net charges to related parties of $2,691 and $1,669 for the three months ended September 30, 2019 and 2018 , respectively.
[4]	Includes interest income from nonconsolidated affiliates of $1,153 for the three months ended September 30, 2018 , respectively.
[5]	Miscellaneous income, net for the three months ended September 30, 2019 and 2018 includes $5,293 and $4,364 , respectively, of unrealized gain for the Company’s investment in Townsquare in accordance with ASU No. 2016-01. In addition, miscellaneous income, net for the three months ended September 30, 2019 and 2018 also includes non-service cost components of net periodic pension and postretirement benefit cost in accordance with ASU No. 2017-07. See Note 12
[6]	Corporate and Other
[7]	Corporate and Other principally includes depreciation and amortization of The Garden, Hulu Theater at Madison Square Garden, the Forum, and certain corporate property, equipment and leasehold improvement assets not allocated to the Company’s reportable segments.
[8]	Substantially all of Corporate and Other ’s capital expenditures for the three months ended September 30, 2019 and 2018 are related to the Company’s planned MSG Spheres in Las Vegas and London.