Sphere Entertainment (SPHR) 10-K/A 9 Feb 22 2021 FY Annual report (amended) Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2021	Jul. 31, 2021	Dec. 31, 2020
Document Type	10-K/A
Document Period End Date	Jun. 30, 2021
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-39245
Entity Registrant Name	Madison Square Garden Entertainment Corp.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	84-3755666
Entity Address, Street Address	Two Penn Plaza
Entity Address, City	New York
Entity Address, State	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	MSGE
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 1,990
Entity Central Index Key	0001795250
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Amendment Flag	true
Amendment Description	In accordance with Rule 12b-15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the following Items of our Annual Report on Form 10-K for the fiscal year ended June 30, 2021 (the “Form 10-K” or the “Original Filing”) have been partially amended and the complete text of those Items, as originally filed and as amended herein, is set out in this Annual Report on Form 10-K/A (this “Form 10-K/A”):   Explanatory Note          Part I—Item 1A.    Risk Factors     Part II—Item 7.    Management’s Discussion and Analysis of Financial Condition and Results of Operations     Part II—Item 8.    Financial Statements and Supplementary Data     Part II—Item 9A.    Controls and Procedures     Part IV—Item 15.    Exhibits and Financial Statement Schedules The other Items of the Original Filing have not been amended and, accordingly, have not been repeated in this Form 10-K/A. Please note that the only changes to the Original Filing are those related to the matters described below and only in the items listed above. Except as described above, no changes have been made to the Original Filing, and this Form 10-K/A does not modify, amend or update any of the other financial information or other information contained in the Original Filing. In addition, in accordance with Securities and Exchange Commission (“SEC”) rules, this Form 10-K/A includes updated certifications from our Chief Executive Officer and Chief Financial Officer as Exhibits 31.1, 31.2, 32.1 and 32.2. Otherwise, the information contained in this Form 10-K/A is as of the date of the Original Filing and does not reflect any information or events occurring after the date of the Original Filing. Such subsequent information or events include, among others, the information and events described in our originally filed Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2021 (the “Original Quarterly Filing”) and in our Quarterly Report on Form 10-Q/A (“Form 10-Q/A”) for the fiscal quarter ended September 30, 2021, which is being filed concurrently with this Form 10-K/A, and the information and events described in our Current Reports on Form 8-K filed subsequent to the date of the Original Filing. For a description of such subsequent information and events, please read our reports filed pursuant to the Exchange Act subsequent to the date of the Original Filing, which update and supersede certain information contained in the Original Filing and this Form 10-K/A.   Madison Square Garden Entertainment Corp. (the “Company”) is filing this Annual Report on Form 10-K/A for the fiscal year ended June 30, 2021, originally filed with the SEC on August 23, 2021 (the “Original Filing Date”), to make certain changes described below. The Company and its consolidated subsidiaries have incurred indebtedness under the following credit facilities:     •   the credit agreement (the “Tao Senior Credit Agreement”) of Tao Group Intermediate Holdings LLC and Tao Group Operating LLC (“Tao”),     •   the secured term loan facility (the “National Properties Term Loan Facility”) of MSG National Properties, LLC (“MSG National Properties”), and     •   the senior credit facilities (the “MSGN Credit Agreement” and collectively with the National Properties Term Loan Facility and the Tao Senior Credit Agreement, the “Credit Facilities”) of MSGN Holdings, L.P. (“MSG Networks”). Although (a) the financing within Tao was in place well before costs associated with MSG Sphere began, (b) MSG National Properties incurred the National Properties Term Loan Facility during the COVID-19 pandemic for the benefit of the core Entertainment business with significant restrictions on its use for MSG Sphere, and (c) the MSGN Credit Agreement was in place within MSG Networks while it was part of a separate public company that was merged with the Company in the first quarter of fiscal year 2022, subsequent to the Original Filing, the Company has determined that the application of Accounting Standards Codification (“ASC”) Topic 835-20 (Capitalization of Interest) requires that a portion of the interest incurred under the Credit Facilities should have been capitalized during the periods that the Company has been capitalizing costs related to MSG Sphere at the Venetian (the “accounting error”), which capitalization of such costs began in 2017. Management evaluated the quantitative and qualitative impact of this accounting error on the Company’s previously issued consolidated and combined financial statements included in the Original Filing and unaudited interim consolidated and combined financial statements included in the Original Quarterly Filing (collectively, the “previously issued financial statements”) and concluded that the error was not material to its previously issued financial statements. In addition, the Company re-evaluated the effectiveness of the Company’s internal control over financial reporting and identified a control deficiency associated with the accounting error, which the Company has concluded represents a material weakness in the Company’s internal control over financial reporting as of June 30, 2021. Accordingly, the Company is filing this Form 10-K/A and is concurrently filing the Form 10-Q/A to amend management’s assessment of the Company’s internal control over financial reporting and its disclosure controls and procedures to indicate that they were not effective as of June 30, 2021 and September 30, 2021, respectively. Further, included in this Form 10-K/A, the Company’s independent registered public accounting firm, Deloitte & Touche LLP (“Deloitte”), is amending its Report of Independent Registered Public Accounting Firm to reflect the identification of a material weakness in the Company’s internal control over financial reporting as of June 30, 2021. As a result of the determination to file this Form 10-K/A, for the reasons outlined in the preceding paragraph, on February 3, 2022, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, after discussion with management of the Company and Deloitte, determined that the Company will revise its (i) consolidated and combined financial statements for the fiscal years ended June 30, 2021, 2020 and 2019, included in the Original Filing, and (ii) unaudited interim consolidated and combined financial statements for the fiscal quarters ended September 30, 2021 and 2020, included in the Original Quarterly Filing, to correct the accounting error for all periods presented and disclose the existence of the related material weakness. The correction of this accounting error does not impact the Company’s previously reported revenues, operating income or adjusted operating income during any financial statement period. For a more detailed description of the correction of this accounting error refer to Note 23 – Correction of Previously Issued Consolidated and Combined Financial Statements to the consolidated and combined financial statements of the Company included in Part II-Item 8 of this Form 10-K/A. Except as described above, no changes have been made to the Original Filing, and this Form 10-K/A does not modify, amend or update any of the other financial information or other information contained in the Original Filing. This Form 10-K/A does not reflect events that may have occurred subsequent to the Original Filing Date. This Amendment reflects (i) new consents of Deloitte & Touche LLP and KPMG LLP, (ii) new certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Section 906 of the Sarbanes-Oxley Act of 2002, each of which is filed or furnished herewith, as applicable, and (iii) Exhibit 101 (Interactive Data Files) and Exhibit 104 (contained in Exhibit 101).
Class A Common Stock
Entity Common Stock, Shares Outstanding		27,093,988
Class B Common Stock
Entity Common Stock, Shares Outstanding		6,866,754

CONSOLIDATED AND COMBINED BALAN

CONSOLIDATED AND COMBINED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Current Assets:
Cash and cash equivalents	$ 1,168,760	$ 906,555
Restricted cash	22,984	17,749
Short-term investments	0	337,192
Accounts receivable, net	85,955	57,184
Net related party receivables	36,378	23,062
Prepaid expenses	60,493	62,127
Other current assets	37,779	22,633
Total current assets	1,412,349	1,426,502
Investments in nonconsolidated affiliates	45,969	52,622
Property and equipment, net	2,148,575	1,660,453
Right-of-use lease assets	268,568	220,328
Amortizable intangible assets, net	171,451	150,426
Indefinite-lived intangible assets	63,801	63,801
Goodwill	77,687	74,309
Other assets	128,169	85,103
Total assets	4,316,569	3,733,544
Current Liabilities:
Accounts payable	23,933	17,258
Net related party payables, current	57,616	18,418
Current portion of long-term debt, net of deferred financing costs	5,728	5,429
Accrued liabilities:
Employee related costs	68,242	68,837
Other accrued liabilities	181,636	125,452
Operating lease liabilities, current	68,544	53,388
Collections due to promoters	37,877	31,879
Deferred revenue	209,501	189,308
Total current liabilities	653,077	509,969
Long-term debt, net of deferred financing costs	655,093	28,126
Operating lease liabilities, noncurrent	224,729	174,219
Defined benefit and other postretirement obligations	28,847	26,132
Other employee related costs	15,629	15,591
Collections due to promoters, noncurrent	6,625	0
Deferred tax liabilities, net	11,972	12,450
Other liabilities	73,790	78,279
Total liabilities	1,669,762	844,766
Redeemable noncontrolling interests	137,834	20,600
Madison Square Garden Entertainment Corp. Stockholders' Equity:
Preferred Stock, Value, Outstanding	0	0
Additional paid-in capital	2,758,843	2,765,295
Retained earnings (accumulated deficit)	(234,895)	142,297
Accumulated other comprehensive loss	(27,120)	(51,857)
Total Madison Square Garden Entertainment Corp. stockholders' equity	2,497,069	2,855,975
Nonredeemable noncontrolling interests	11,904	12,203
Total equity	2,508,973	2,868,178
Total liabilities, redeemable noncontrolling interests and equity	4,316,569	3,733,544
Common Class A [Member]
Madison Square Garden Entertainment Corp. Stockholders' Equity:
Common stock	196	195
Common Class B [Member]
Madison Square Garden Entertainment Corp. Stockholders' Equity:
Common stock	$ 45	$ 45

CONSOLIDATED AND COMBINED BAL_2

CONSOLIDATED AND COMBINED BALANCE SHEETS (Parenthetical)	Jun. 30, 2021$ / sharesshares
Preferred stock, par value (dollars per share) | $ / shares	$ 0.01
Preferred stock, shares authorized	15,000,000
Preferred stock, shares outstanding	0
Class A Common Stock
Common stock, par value (dollars per share) | $ / shares	$ 0.01
Common stock, shares authorized	120,000,000
Common stock, shares outstanding	19,618,000
Class B Common Stock
Common stock, par value (dollars per share) | $ / shares	$ 0.01
Common stock, shares authorized	30,000,000
Common stock, shares outstanding	4,530,000

CONSOLIDATED AND COMBINED STATE

CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenues	[1]	$ 180,401	$ 762,936	$ 1,048,909
Operating expenses:
Direct operating expenses	[2]	171,924	508,122	670,641
Selling, general and administrative expenses	[3]	322,714	344,637	314,522
Depreciation and amortization		114,664	104,899	109,343
Impairment for intangibles, long-lived assets, and goodwill		0	105,817	0
Gain on disposal of assets held for sale		0	(240,783)	0
Restructuring Charges		21,299	0	0
Operating loss		(450,200)	(59,756)	(45,597)
Other income (expense):
Earnings (loss) in equity method investments		(6,858)	(4,433)	7,062
Interest income	[4]	1,273	17,993	30,163
Interest expense		(208)	(240)	(5,587)
Miscellaneous income, net	[5],[6]	51,062	38,855	(6,061)
Nonoperating income (expense)		45,269	52,175	25,577
Loss from operations before income taxes		(404,931)	(7,581)	(20,020)
Income tax benefit (expense)		9,371	(5,046)	(443)
Net loss		(395,560)	(12,627)	(20,463)
Less: Net loss attributable to nonredeemable noncontrolling interests		(16,269)	(30,387)	(7,299)
Less: Net loss attributable to redeemable noncontrolling interests		(2,099)	(1,534)	(4,945)
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (377,192)	$ 19,294	$ (8,219)
Earnings (Loss) Per Share, Basic	[7]	$ (15.95)	$ 0.81	$ (0.35)
Earnings (loss) per Share, Diluted	[7]	$ (15.95)	$ 0.81	$ (0.35)
Weighted-average number of common shares outstanding:
Basic (in shares)	[7]	24,205	23,998	23,992
Diluted (in shares)	[7]	24,205	24,017	23,992
[1]	Includes revenues from related parties of $49,969, $18,408 and $18,259 for the years ended June 30, 2021, 2020 and 2019, respectively.
[2]	Includes net charges from (to) related parties of $(9,866), $57,741 and $94,014 for the years ended June 30, 2021, 2020 and 2019, respectively.
[3]	Includes net charges to related parties of $(41,935), $(119,389) and $(119,666) for the years ended June 30, 2021, 2020 and 2019, respectively.
[4]	Interest income includes interest income from nonconsolidated affiliates of $3,105 for the year ended June 30, 2019.
[5]	Miscellaneous income (expense), net includes charges to related parties of $(178) and $(451) for the years ended June 30, 2020 and 2019, respectively.
[6]	Miscellaneous income (expense), net includes the followings:
[7]	On April 17, 2020 (the “Entertainment Distribution Date”), 23,992 shares of common stock were distributed to stockholders of Madison Square Garden Sports Corp. (“MSG Sports,” formerly known as The Madison Square Garden Company) as of April 13, 2020. This share amount is being utilized for the calculation of basic and diluted earnings (loss) per share for both the years ended June 30, 2019 and for the period prior to April 17, 2020 in the year ended June 30, 2020 because Madison Square Garden Entertainment Corp. was a wholly-owned subsidiary of MSG Sports. prior to the Entertainment Distribution Date.

CONSOLIDATED AND COMBINED STA_2

CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Revenues from related party	$ 49,969	$ 18,408	$ 18,259
Direct operating expenses (net charges) from related party	9,866	57,741	94,014
Net charges to related parties included in Selling, general and administrative expenses	$ 41,935	119,389	119,666
Nonconsolidated affiliates
Related Party Transaction [Line Items]
Interest income from nonconsolidated affiliates			3,105
Nonoperating Income (Expense) | MSG Sports Corp
Related Party Transaction [Line Items]
Charges to related parties		$ 178	$ 451

CONSOLIDATED AND COMBINED STA_3

CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net loss	$ (395,560)	$ (12,627)	$ (20,463)
Pension plans and postretirement plan:
Net unamortized losses arising during the period	0	(45)	(2,565)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of net actuarial loss included in net periodic benefit cost	1,191	1,342	1,286
Amortization of net prior service credit included in net periodic benefit cost	(5,168)	0	(7)
Curtailments	156	0	0
Settlement loss	870	67	52
Total recognized in other comprehensive income (loss)	(2,951)	1,364	(1,234)
Cumulative translation adjustments	27,688	(7,692)	(4,341)
Other comprehensive income (loss), before income taxes	24,737	(6,328)	(5,575)
Income tax expense related to items of other comprehensive income	0	0	0
Other comprehensive income (loss), net of income taxes	24,737	(6,328)	(5,575)
Comprehensive loss	(370,823)	(18,955)	(26,038)
Less: Comprehensive loss attributable to redeemable noncontrolling interests	(16,269)	(30,387)	(7,299)
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	(2,099)	(1,534)	(4,945)
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders	$ (352,455)	$ 12,966	$ (13,794)

CONSOLIDATED AND COMBINED STA_4

CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net loss		$ (395,560)	$ (12,627)	$ (20,463)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization		114,664	104,899	109,343
Impairment of intangibles, long-lived assets and goodwill		0	105,817	0
Share-based compensation expense		52,917	42,190	35,401
Amortization of deferred financing costs		4,656	310	1,212
(Earnings) loss in equity method investments, net of income distributions		6,858	4,433	(6,312)
Benefit from deferred income taxes		(480)	(10,521)	(371)
Unrealized and realized (gain) loss on equity investment with readily determinable fair value		(51,178)	(37,628)	3,496
Provision for doubtful accounts / credit losses		468	9,945	1,456
Gain on sale of the Forum, excluding associated settlement		0	(100,288)	0
Other non-cash adjustments		4,888	3,200	727
Change in assets and liabilities, net of acquisitions:
Accounts receivable, net		(25,032)	15,392	(345)
Net related party receivables		25,882	(20,596)	4,387
Prepaid expenses and other assets		(29,057)	(21,816)	(11,325)
Accounts payable		(5,268)	(6,316)	(4,311)
Accrued and other liabilities		3,454	51,783	2,790
Collections due to promoters		12,623	(35,333)	(22,301)
Deferred revenue		15,356	52	3,775
Operating lease right-of-use assets and lease liabilities		10,219	5,195	4,240
Net cash provided by (used in) operating activities		(254,590)	98,091	101,399
Cash flows from investing activities:
Capital expenditures, net of acquisitions	[1]	(452,154)	(452,426)	(184,002)
Capitalized interest		(34,890)	(2,060)	(9,675)
Purchase of short-term investments		0	(443,154)	(112,693)
Proceeds from maturity of short-term investment		339,110	208,204	0
Proceeds from sale of Forum, excluding associated settlement		0	210,521	0
Proceeds from sale of equity securities		22,079	7,659	0
Investments in nonconsolidated affiliates		0	(1,050)	(52,707)
Proceeds from sales of nonconsolidated affiliates		0	18,000	125,750
Loan repayment received from subordinated debt		0	58,735	4,765
Cash received (paid) for notes receivable		6,328	3,378	(9,176)
Other investing activities		197	476	0
Net cash used in investing activities		(119,330)	(391,717)	(237,738)
Cash flows from financing activities:
Proceeds from issuance of term loan, net of issuance discount		630,500	0	40,000
Proceeds from revolving credit facility		15,000	0	15,000
Taxes paid in lieu of shares issued for equity-based compensation		(6,060)	0	0
Noncontrolling interest holders' capital contributions		18,537	4,300	6,310
Distributions to noncontrolling interest holders		0	(4,062)	(2,186)
Loans from noncontrolling interest holders		0	0	606
Distribution to related parties associated with the settlement of certain share-based awards granted prior to the Entertainment Distribution		(1,771)	0	0
Repayment of revolving credit facility		0	(15,000)	0
Repayment on long-term debt		(8,250)	(6,250)	(109,312)
Payments for extinguishment of debt		0	0	(1,151)
Payments for financing costs		(14,623)	0	(1,488)
Net transfers from Madison Square Garden Sports Corp. and its subsidiaries		0	143,950	43,600
Net cash provided by (used in) financing activities		633,333	122,938	(8,621)
Effect of exchange rates on cash, cash equivalents and restricted cash		8,027	2,927	4,669
Net increase (decrease) in cash, cash equivalents and restricted cash		267,440	(167,761)	(140,291)
Cash, cash equivalents and restricted cash at beginning of period		924,304	1,092,065	1,232,356
Cash, cash equivalents and restricted cash at end of period		1,191,744	924,304	1,092,065
Non-cash investing and financing activities:
Non-cash redemption of redeemable noncontrolling interests		0	37,715	0
Non-cash (contribution) received from noncontrolling interests		(59,763)	0	0
Capital expenditures incurred but not yet paid		106,574	78,508	31,938
Tenant improvement paid by landlord		0	195	14,528
Share-based compensation capitalized in property and equipment		$ 5,467	$ 5,051	$ 3,946
[1]	The Entertainment segment includes capital expenditures associated with the MSG Sphere in Las Vegas of $389,643, $380,258, and $93,334 for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, respectively.

CONSOLIDATED AND COMBINED STA_5

CONSOLIDATED AND COMBINED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($) $ in Thousands	Total	Total Madison Square Garden Entertainment Corp. Stockholders' Equity	Common Stock Issued	MSG Sports Corp.'s Investment	Additional Paid-In Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Loss	Nonredeemable Noncontrolling Interests	MSG Sports Investment	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, AdjustmentTotal Madison Square Garden Entertainment Corp. Stockholders' Equity	Cumulative Effect, Period of Adoption, AdjustmentAccumulated Other Comprehensive Loss	Cumulative Effect, Period of Adoption, AdjustmentMSG Sports Investment
Beginning balance at Jun. 30, 2018	$ 2,492,221	$ 2,480,716	$ 0		$ 0	$ 0	$ (46,918)	$ 11,505	$ 2,527,634
Beginning balance (ASU No. 2016-01) at Jun. 30, 2018												$ 5,570	$ (5,570)
Beginning balance (ASC 606) at Jun. 30, 2018										$ 33,669	$ 33,669		$ 33,669
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(13,164)	(8,219)						(4,945)	(8,219)
Other comprehensive loss	(5,575)	(5,575)					(5,575)
Comprehensive loss	(18,739)	(13,794)						(4,945)
Net increase in Madison Square Garden Sports Corp. Investment	82,947	82,947							82,947
Contributions from noncontrolling interest holders	8,446							8,446
Distributions to noncontrolling interest holders	(428)							(428)
Adjustments to noncontrolling interests		788						(788)	788
The Company equity adjustment for temporary Equity valuye To Redemption Value	0
Ending balance at Jun. 30, 2019	2,598,116	2,584,326	0		0	0	(46,923)	13,790	2,631,249
Beginning balance at Jun. 30, 2018	76,684
Increase (Decrease) in Temporary Equity [Roll Forward]
Net loss	(7,299)
Comprehensive loss	(7,299)
Distributions to noncontrolling interest holders	(1,758)
Ending balance at Jun. 30, 2019	67,627
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	17,760	19,294				142,297		(1,534)	(123,003)
Other comprehensive loss	(6,328)	(6,328)					(6,328)
Comprehensive loss	11,432	12,966						(1,534)
Net increase in Madison Square Garden Sports Corp. Investment	178,280	178,280							178,280
Contributions from noncontrolling interest holders	4,009							4,009
Distributions to noncontrolling interest holders	(4,062)							(4,062)
Redeemable noncontrolling interests, non-cash acquisition	37,715	37,715		$ 37,715
Redeemable noncontrolling interest adjustment to redemption fair value	(20,586)	(20,586)			(3,647)				(16,939)
Adjustments related to the transfer of certain assets and liabilities as a result of the Entertainment Distribution	51,009	51,009					1,394		$ 49,615
Conversion of Madison Square Garden Sports Corp. Investment			240	(2,756,917)	2,756,677
Share-based compensation	12,430	12,430			12,430
Tax withholding associated with shares issued for equity-based compensation	(165)	(165)			(165)
The Company equity adjustment for temporary Equity valuye To Redemption Value	0
Ending balance at Jun. 30, 2020	2,868,178	2,855,975	240	$ 0	2,765,295	142,297	(51,857)	12,203
Increase (Decrease) in Temporary Equity [Roll Forward]
Net loss	(30,387)
Comprehensive loss	(30,387)
Redeemable noncontrolling interests, non-cash acquisition	(37,715)
Redeemable noncontrolling interest adjustment to redemption fair value	20,586
Accretion of put options	489
Ending balance at Jun. 30, 2020	20,600
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(379,291)	(377,192)				(377,192)		(2,099)
Other comprehensive loss	24,737	24,737					24,737
Comprehensive loss	(354,554)	(352,455)						(2,099)
Contributions from noncontrolling interest holders	1,800							1,800
Redeemable noncontrolling interest adjustment to redemption fair value	(46,425)	(46,425)			(46,425)
Distribution to related parties associated with the settlement of certain share-based awards granted prior to the Entertainment Distribution	(1,273)	(1,273)			(1,273)
Share-based compensation	56,035	56,035			56,035
Tax withholding associated with shares issued for equity-based compensation	(6,060)	(6,060)	1		(6,061)
The Company equity adjustment for temporary Equity valuye To Redemption Value	(8,728)	(8,728)			(8,728)
Ending balance at Jun. 30, 2021	2,508,973	$ 2,497,069	$ 241		$ 2,758,843	$ (234,895)	$ (27,120)	$ 11,904
Increase (Decrease) in Temporary Equity [Roll Forward]
Net loss	(16,269)
Comprehensive loss	(16,269)
Redeemable noncontrolling interests, non-cash acquisition	76,500
Redeemable noncontrolling interest adjustment to redemption fair value	46,425
Distribution to related parties associated with the settlement of certain share-based awards granted prior to the Entertainment Distribution	(498)
Redeemable Noncontrolling Interest Redemption Value Adjustment	8,728
Accretion of put options	2,348
Ending balance at Jun. 30, 2021	$ 137,834

Description of Business and Bas

Description of Business and Basis of Presentation	12 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Note 1. Description of Business and Basis of Presentation Description of Business Madison Square Garden Entertainment Corp. (together with its subsidiaries, the “Company” or “MSG Entertainment”), is a leader in live experiences comprised of iconic venues; marquee entertainment content; popular dining and nightlife offerings; and a premier music festival. Utilizing the Company’s powerful brands and live entertainment expertise, the Company delivers unique experiences that set the standard for excellence and innovation while forging deep connections with diverse and passionate audiences. As of June 30, 2021, the Company was comprised of two reportable segments: Entertainment and Tao Group Hospitality. The Entertainment segment’s portfolio of venues includes: Madison Square Garden (“The Garden”), Hulu Theater at Madison Square Garden, Radio City Music Hall and the Beacon Theatre in New York City, and The Chicago Theatre in Chicago. Until its sale on May 1, 2020, the Company’s venues also included the Forum in Inglewood, CA, which was sold on May 1, 2020. In addition, the Company is constructing a state-of-the-art Christmas Spectacular Starring the Radio City Rockettes Christmas Spectacular 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 Garden and Hulu Theater at Madison Square Garden and The Chicago Theatre and leases Radio City Music Hall and the Beacon Theatre in New York City. In July 2021, the Company extended the term of the lease, previously set to expire in 2023, until August 31, 2038 with an option to renew for an additional ten years by providing two years’ notice prior to expiration. See Note 23 for additional information. 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, San Diego, Santa Monica, Miami, Uncasville in Connecticut, Mexico, United Kingdom, Norway, Morocco, Saudi Arabia, Qatar, United Arab Emirates, India, China, Australia, and Singapore. The Company, formerly named MSG Entertainment Spinco, Inc., was incorporated on November 21, 2019 as a direct, wholly owned subsidiary of Madison Square Garden Sports Corp. (“MSG Sports” or “Former Parent”), formerly known as The Madison Square Garden Company. On March 31, 2020, MSG Sports’ board of directors approved the distribution of all the outstanding common stock of MSG Entertainment to MSG Sports’ stockholders (the “Entertainment Distribution”), which occurred on April 17, 2020 (the “Entertainment Distribution Date”). In the Entertainment Distribution, stockholders of MSG Sports received (a) one share of the Company’s Class A common stock, par value $0.01 per share (“Class A Common Stock”), for every share of MSG Sports Class A common stock, par value $0.01 per share, held of record as of the close of business, New York City time, on April 13, 2020 (the “Record Date”), and (b) one share of the Company’s Class B common stock, par value $0.01 per share (“Class B Common Stock”), for every share of MSG Sports Class B common stock, par value $0.01 per share, held of record as of the close of business, New York City time, on the Record Date. Following the Entertainment Distribution on April 17, 2020, the Company has two segments (the Entertainment business and the Tao Group Hospitality business) as a result of certain changes in the financial information that is provided to its Chief Operating Decision Maker (“CODM”). Additionally, as part of the Entertainment Distribution, the Company entered into various agreements with MSG Sports as detailed in Note 20 . Merger with MSG Networks Inc. On July 9, 2021, the Company completed its previously announced acquisition of MSG Networks Inc., a Delaware corporation (“MSG Networks”), pursuant to that certain Agreement and Plan of Merger, dated as of March 25, 2021 (the “Merger Agreement”), among the Company, Broadway Sub Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), and MSG Networks. Merger Sub merged with and into MSG Networks (the “Merger”), with MSG Networks surviving and continuing as the surviving corporation in the Merger as a wholly-owned subsidiary of the Company. On July 9, 2021, at the effective time of the Merger (the “Effective Time”), (i) each share of Class A common stock, par value $0.01 per share, of MSG Networks (“MSGN Class A Common Stock”) issued and outstanding immediately prior to the Effective Time was automatically converted into the right to receive a number of shares of Class A common stock, par value $0.01 per share, of the Company (“Class A Common Stock”) such that each holder of record of shares of MSGN Class A Common Stock has the right to receive, in the aggregate, a number of shares of Class A Common Stock equal to the total number of shares of MSGN Class A Common Stock held of record immediately prior to the Effective Time multiplied by multiplied by Beginning with the fiscal quarter ending September 30, 2021, the Merger will be accounted for as a transaction between entities under common control as the Company and MSG Networks were, prior to the Merger, each controlled by the Dolan Family Group (as defined herein). Upon the closing of the Merger, the net assets of MSG Networks will be combined with those of the Company at their historical carrying amounts and the companies will be presented on a combined basis for all historical periods that the companies were under common control. As this transaction represents a change in reporting entity, the financial statements in future filings will be materially different since they will represent the combined operations of both commonly-controlled entities. Basis of Presentation The Company reports on a fiscal year basis ending on June 30 th Subsequent to the Entertainment Distribution, the Company’s financial statements as of June 30, 2021, as of June 30, 2020, for Fiscal Year 2021, and from April 18, 2020 to June 30, 2020 included in Fiscal Year 2020, are presented on a consolidated basis, as the Company became a standalone public company on April 17, 2020. The Company’s combined financial statements as of June 30, 2019 and for Fiscal Year 2019, as well as the financial information from July 1, 2019 through April 17, 2020 that is included in the results of operations for Fiscal Year 2020, were prepared on a standalone basis derived from the consolidated financial statements and accounting records of Former Parent and are presented as carve-out Bulletin Topic 1-B, Allocation of Expenses and Related Disclosure in Financial Statements of Subsidiaries, Divisions or Lesser Business Components of Another Entity Accounting Standards Codification Historically, separate financial statements were not prepared for the Company as it had not operated as a stand-alone business separate from MSG Sports. The combined financial statements include certain assets and liabilities that were historically held by MSG Sports or by other MSG Sports subsidiaries but were specifically identifiable or otherwise attributable to the Company. All significant intercompany transactions between MSG Sports and the Company have been included as components of MSG Sports Corp. Investment in the combined financial statements, as they were considered effectively settled upon effectiveness of the Entertainment Distribution. The combined financial statements have been reflected on a historical cost basis. As immediately prior to the Entertainment Distribution, all of the assets and liabilities presented were wholly-owned by MSG Sports and were transferred to the Company at a carry-over basis. The financial information from July 1, 2019 through April 17, 2020 that is included in the results of operations for Fiscal Year 2020 and the combined statements of operations for Fiscal Year 2019 include allocations for certain support functions that were provided on a centralized basis and not historically recorded at the business unit level by MSG Sports, such as expenses related to executive management, finance, legal, human resources, government affairs, information technology, and venue operations, among others. As part of the Entertainment Distribution, certain corporate and operational support functions were transferred to the Company and therefore, charges were reflected in order to properly burden all business units comprising MSG Sports’ historical operations. These expenses have been allocated to MSG Sports on the basis of direct usage when identifiable, with the remainder allocated on a pro-rata Management believes the assumptions underlying the combined financial statements, including the assumptions regarding allocating general corporate expenses, are reasonable. Nevertheless, the combined financial statements may not include all of the actual expenses that would have been incurred by the Company and may not reflect its combined results of operations, financial position, and cash flows had it been a stand-alone company during the periods presented. Actual costs that would have been incurred if the Company had been a stand-alone company would depend on multiple factors, including organizational structure and strategic decisions made in various areas, including information technology and infrastructure. The Company is unable to quantify the amounts that it would have recorded during the historical periods on a stand-alone basis as it is not practicable to do so. See Note 21 for more information regarding allocations of certain costs from the Company to MSG Sports. After the Entertainment Distribution, the Company has been providing certain of these services to MSG Sports through a transition services agreement (“TSA”). As part of the Entertainment Distribution, certain employees providing support functions were transferred to the Company. MSG Sports uses a centralized approach to cash management and financing of operations. Cash is managed centrally with net earnings reinvested and working capital requirements met from existing liquid funds. The Company’s and MSG Sports’ cash was available for use and was regularly “swept” historically. Most of the cash and cash equivalents held at the corporate level by MSG Sports were attributed to the Company for each of the periods presented, and as such, cash was held in accounts legally owned by the Company. Therefore, such amounts were attributed to the combined balance sheets for each period presented. Transfers of cash both to and from MSG Sports are included as components of the MSG Sports Corp. Investment in the accompanying combined statements of divisional equity and redeemable noncontrolling interests. In connection with the Entertainment Distribution, the Company received $816,896 of cash and cash equivalents from MSG Sports. MSG Sports’ net investment in the Company has been presented as a component of divisional equity in the combined financial statements. Distributions made by MSG Sports to the Company or to MSG Sports from the Company are recorded as transfers to and from MSG Sports, and the net amount is presented on the combined statements of cash flows as “Net transfers to/from MSG Sports and MSG Sports subsidiaries.” As of the Entertainment Distribution date, MSG Sports’ net investment in the Company was contributed to Former Parent’s stockholders through the distribution of all the common stock of the Company. The par value of the Company’s stock was recorded as a component of common stock, with the remaining balance recorded as additional paid-in For purposes of the combined financial statements, income tax expense has been recorded as if the Company filed tax returns on a standalone basis separate from Former Parent. This separate return methodology applies to accounting guidance for income taxes in the combined financial statements as if the Company was a standalone public company for the periods prior to the Entertainment Distribution. Therefore, cash tax payments and items of current and deferred taxes may not be reflective of the Company’s actual tax balances prior to or subsequent to the Entertainment Distribution. Prior to the Entertainment Distribution, the Company’s operating results were included in Former Parent’s consolidated U.S. federal and state income tax returns. Pursuant to rules promulgated by the Internal Revenue Service and various state taxing authorities, the Company expects to file its initial U.S. income tax return for the period from April 18, 2020 through June 30, 2020. The calculation of the Company’s income taxes involves considerable judgment and use of both estimates and allocations. Impact of the COVID-19 The Company’s operations and operating results have been, and continue to be, materially impacted by the COVID-19 As a result of government-mandated assembly limitations and closures, all of our performance venues were closed beginning in mid-March COVID-19 15,000-16,000 boxing/hip-hop COVID-19 indoor public spaces in Chicago, including our venues. For Fiscal Year 2021, the majority of ticketed events at our venues were postponed or canceled and, while live events are permitted to be held at all of our performance venues as of the date of this filing and we are continuing to host and book new events, due to the lead-time required to book touring acts and artists, which is the majority of our business, we expect that our bookings will continue to be impacted through the 2021 calendar year. We continue to actively pursue one-time The impact to our operations also included the cancellation of the 2020 production of the Christmas Spectacular Christmas Spectacular on-sale, COVID-19 The Company has long-term arena license agreements (the “Arena License Agreements”) with MSG Sports that require the Knicks and Rangers to play their home games at The Garden. As discussed above, capacity restrictions, use limitations and social distancing requirements were in place for the entirety of the Knicks and Rangers 2020-21 82-game 2021-22 Disruptions caused by the COVID-19 COVID-19 three months mid-March MSG Networks depends on the appeal of its live programming to viewing subscribers of its networks and to its advertisers. As a result of the COVID-19 COVID-19), During Fiscal Year 2021, the COVID-19 Christmas Spectacular (iv) non-ticketed Additionally, as a result of operating disruptions due to the COVID-19 350-30, non-cash non-cash right-of-use COVID-19-related There were no indicators of impairment identified by the Company for the Entertainment reporting unit during Fiscal Year 2021 and Fiscal Year 2020. However, the duration and impact of the COVID-19 As a result of the material impact COVID-19 In August 2020, Tao Group Hospitality entered into an amendment to the Tao Senior Credit Agreement, which suspended certain financial covenants through December 31, 2021 and increased the minimum liquidity requirement. In addition, in connection with the amendment, our wholly owned subsidiary MSG Entertainment Group, LLC (“MSG Entertainment Group”) entered into a guarantee agreement, which also included a minimum liquidity requirement for MSG Entertainment Group. See Note 14 for more information regarding the amendment to the Tao Senior Credit Agreement. Tao Group Hospitality will likely need to seek covenant waivers in the future. Tao Group Hospitality’s failure to obtain debt covenant waivers could trigger a violation of these covenants and lead to default, acceleration of all of its outstanding debt and a demand for payment under the guarantee of MSG Entertainment Group, which would negatively impact the liquidity of Tao Group Hospitality and the Company.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Principles of Consolidation and Combination For the periods prior to the Entertainment Distribution, the combined financial statements included assets and liabilities that were historically held at Former Parent’s corporate level but were specifically identifiable or otherwise attributable to the Company. All intercompany transactions between the Company and Former Parent have been included in the combined financial statements as components of MSG Sports Corp.’s investment. All significant intracompany transactions and accounts within the Company’s financial statements have been eliminated. In addition, expenses related to corporate allocations prior to the Entertainment Distribution were considered to be effectively settled in the combined financial statements at the time the transaction was recorded, with the offset recorded against MSG Sports’ investment. After the Entertainment Distribution, the consolidated financial statements of the Company include the accounts of Madison Square Garden Entertainment Corp. and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. Business Combinations and Noncontrolling Interests The acquisition method of accounting for business combinations requires management to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which the Company is allowed to adjust the provisional amounts recognized for a business combination). Under the acquisition method of accounting, the Company recognizes separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. The Company measures goodwill as of the acquisition date as the excess of consideration transferred, which is also measured at fair value if the consideration is non-cash, Interests held by third parties in consolidated majority-owned subsidiaries are presented as noncontrolling interests, which represent the noncontrolling stockholders’ interests in the underlying net assets of the Company’s consolidated majority-owned subsidiaries. Noncontrolling interests that are not redeemable are reported in the equity section of the consolidated and combined balance sheets. Noncontrolling interests, where the Company may be required to repurchase the noncontrolling interest under put options or other contractual redemption requirements that are not solely within the Company’s control, are reported in the consolidated and combined balance sheets between liabilities and equity, as redeemable noncontrolling interests. In addition, the consolidated and combined financial statements of the Company include accounts from Tao Group Hospitality (including the acquisition of Hakkasan in April 2021, see Note 3 for further details) and BCE, 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 and BCE are consolidated with the equity owned by other shareholders shown as redeemable or nonredeemable noncontrolling interests in the accompanying combined balance sheets, 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 and combined statements of operations and consolidated and combined statements of comprehensive income (loss), respectively. On January 31, 2017, the Company acquired a controlling interest in Tao Group Hospitality. In accordance with FASB ASC Topic 805, Business Combinations Consolidation The Merger with MSG Networks was completed on July 9, 2021. The accounting treatment and details surrounding the Merger are discussed under Note 1. Use of Estimates The preparation of the accompanying consolidated and combined financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the provision for credit losses, valuation of investments, goodwill, intangible assets, other long-lived assets, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, income tax expense, 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 to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods. Revenue Recognition See Note 4 for details of accounting policies related to revenue recognition and other disclosures required under ASC Topic 606, Revenue from Contracts with Customers Direct Operating Expenses Direct operating expenses include, but are not limited to, event costs related to the presentation and production of the Company’s live entertainment and sporting events, revenue sharing expenses associated with signage, sponsorship and suite license fee revenue and in-venue Direct operating expenses for Tao Group Hospitality primarily include the cost of food and beverage sales, nightlife venue entertainment expenses, and costs of venues’ labor and occupancy. Production Costs for the Company’s Original Productions The Company defers certain costs of productions such as creative design, scenery, wardrobes, rehearsal and other related costs for the Company’s proprietary shows. Deferred production costs are amortized on a straight-line basis over the course of a production’s performance period using the expected life of a show’s assets. Deferred production costs are subject to recoverability assessments whenever there is an indication of potential impairment. The Company recorded $6,577 and $6,683 of net deferred production costs associated with the Christmas Spectacular Allocation of Charges for Venue Usage to MSG Sports For periods prior to the Entertainment Distribution Date, the Company’s combined financial statements included expenses associated with the ownership, maintenance, and operation of The Garden, which the Company and MSG Sports use in their respective operations. The Knicks and Rangers are the primary recurring occupants of The Garden, playing their home games at The Garden. The number of home games increases if the Knicks and Rangers qualify for the playoffs. Historically, the Company did not charge rent expense to MSG Sports for use of The Garden. However, for purposes of the Company’s combined financial statements, the Company allocated expenses to MSG Sports for the usage of The Garden, which were reported as a reduction of direct operating expense in the accompanying combined statements of operations. This allocation was based on a combination of event count and revenue, which the Company’s management believes is a reasonable allocation methodology. The venue usage charge allocated to MSG Sports was $45,358 for the period of July 1, 2019 to April 17, 2020 in Fiscal Year 2020 and $47,093 in Fiscal Year 2019. In connection with the Entertainment Distribution, the Company entered into Arena License Agreements with MSG Sports (see Note 10 for further discussion). Fees recognized by the Company under the Arena License Agreements with MSG Sports for use of The Garden are reported as operating lease revenues in accordance with ASC Topic 842, Leases. Revenue Sharing Expenses As discussed above, prior to the Entertainment Distribution Date, MSG Sports’ share of the Company’s suites license, venue signage and sponsorship revenue, and in-venue After the Entertainment Distribution Date, such revenue sharing expenses are determined based on contractual agreements between the Company and MSG Sports, primarily related to suite license, certain internal signage and in-venue Advertising Expenses Advertising costs are typically charged to expense when incurred, however, advertising for productions and other live entertainment events are generally deferred within interim periods and expensed over the run of the show, but by no later than the end of the fiscal year. Total advertising costs classified in direct operating and selling, general and administrative expenses were $1,008, $10,579 and $13,106 for the years ended June 30, 2021, 2020 and 2019, respectively. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes (“ASC Topic 740”). The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities, and changes in estimates with regard to uncertain tax positions. Deferred tax assets are subject to an ongoing assessment of realizability. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the realization of its deductible temporary differences. If such estimates and related assumptions change in the future, the Company may be required to record valuation allowances against its deferred tax assets, resulting in additional income tax expense in the Company’s consolidated statements of operations. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.​​​​​​​ Share-based Compensation For periods prior to the Entertainment Distribution Date, the Company’s employees participated in MSG Sports’ share-based compensation plans. Share-based compensation expense has been attributed to the Company based on the awards and terms previously granted to MSG Sports’ employees. For purposes of the combined financial statements, an allocation of share-based compensation expense related to corporate employees was recorded in addition to the expense attributed to the Company’s direct employees. The allocated expense includes both directors and corporate executives of MSG Sports, allocated using a proportional allocation method which management has deemed to be reasonable. Following the Entertainment Distribution, the Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the award. Share-based compensation cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award, except for restricted stock units granted to non-employee The Company accounts for forfeitures as they occur, rather than estimating expected forfeitures. Earnings (Loss) Per Common Share On the Entertainment Distribution Date, 23,992 shares of the Company’s Class A Common Stock were distributed to MSG Sports’ stockholders as of the Record Date and were outstanding as of April 17, 2020. This share amount was being utilized for the calculation of basic earnings (loss) per common share (“EPS”) for the periods prior to the Entertainment Distribution because the Company was a wholly-owned subsidiary of MSG Sports prior to the Entertainment Distribution Date. In addition, the computation of diluted earnings per share equals the basic earnings (loss) per common share calculation since there was no stock trading information available to compute the dilutive effect of shares issuable under share-based compensation plans needed under the treasury method in accordance with ASC Topic 260, Earnings Per Share In connection with the Entertainment Distribution, the Company entered into amended employment agreements with the redeemable noncontrolling interest holders of Tao Group Hospitality in the fourth quarter of Fiscal Year 2020, which provided the noncontrolling interest holders with put rights that could require the Company to purchase the remaining noncontrolling interest. In addition, in accordance with the transaction agreement related to the acquisition of Hakkasan in April 2021, the noncontrolling interest holders of the acquiree are provided with put rights that could require the Company to purchase the remaining noncontrolling interest. Upon the exercise of the put rights by the noncontrolling interest holders, the price to be paid for redeemable noncontrolling interests is the current fair market value of the redeemable noncontrolling interest, subject to a minimum price (“floor”). In accordance with ASC 480, Distinguishing Liabilities From Equity paid-in For the periods after the Entertainment Distribution Date, basic EPS attributable to the Company’s common stockholders is based upon net income (loss) attributable to the Company’s common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the effect of the assumed vesting of restricted stock units and exercise of stock options (see Note 16) only in the periods in which such effect would have been dilutive. For the periods when a net loss is reported, the computation of diluted EPS equals the basic EPS calculation since common stock equivalents were antidilutive due to losses from continuing operations. Cash and Cash Equivalents The Company considers the balance of its investment in funds that substantially hold highly liquid securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or is at fair value. Checks outstanding in excess of related book balances are included in accounts payable in the accompanying consolidated balance sheets. The Company presents the change in these book cash overdrafts as cash flows from operating activities. Restricted Cash The Company’s restricted cash includes cash deposited in escrow accounts. For example, the Company has deposited cash in an interest-bearing escrow account as credit support and collateral to its workers compensation and general liability insurance obligations. The carrying amount of restricted cash approximates fair value due to the short-term maturity of these instruments. Changes in restricted cash are reflected on the accompanying consolidated and combined statement of cash flows in accordance with ASU No. 2016-18, Statement of Cash Flows (Topic 230) beginning-of-period end-of-period In addition, the restricted cash balance as of June 30, 2021 included a deposit in a reserve account of approximately $4,800 associated with credit facilities of Tao Group Hospitality. See Note 14 for further details on the amendment to the Tao Senior Credit Agreement in August 2020. Short-Term Investments Short-term investments as of June 30, 2020 consisted of investments that (i) had original maturities of greater than three months and (ii) the Company had the ability to convert into cash within one year. The Company classified its short-term investments at the time of purchase as “held-to-maturity” re-evaluated Accounts Receivable Accounts receivable is recorded at net realizable value. The Company maintains an allowance for credit losses to reserve for potentially uncollectible receivables. The allowance for credit losses is estimated based on the Company’s analysis of receivables aging, specific identification of certain receivables that are at risk of not being paid, past collection experience and other factors. The Company’s allowance for credit losses was $5,577 and $9,135 as of June 30, 2021 and 2020, respectively. Investments in to Nonconsolidated Affiliates and Equity Securities The Company’s investments in nonconsolidated affiliates are primarily accounted for using the equity method of accounting and are carried at cost, plus or minus the Company’s share of net earnings or losses of the investment, subject to certain other adjustments. The cost of equity method investments includes transaction costs of the acquisition. As required by GAAP, to the extent that there is a basis difference between the cost and the underlying equity in the net assets of an equity investment, companies are required to allocate such differences between tangible and intangible assets. The Company’s share of net earnings or losses of the investment, inclusive of amortization expense for intangible assets associated with the investment, is reflected in equity in earnings (loss) of nonconsolidated affiliates on the Company’s consolidated and combined statements of operations. Dividends received from the investee reduce the carrying amount of the investment. Due to the timing of receiving financial information from its nonconsolidated affiliates, the Company records its share of net earnings or losses of such affiliates on a three-month lag basis, with the exception of the amortization expense of intangible assets which are recorded currently. In addition to the equity method investments, the Company also has other equity investments with and without readily determinable fair values. The Company measures equity investments without readily determinable fair values at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Changes in observable price are reflected within Miscellaneous income (expense), net in the accompanying consolidated and combined statement of operations. For equity investments with readily determinable fair values, changes in the fair value of those investments are measured monthly and are recorded within Miscellaneous income (expense), net in the accompanying consolidated and combined statement of operations.​​​​​​​ Impairment of Investments The Company reviews its investments at least quarterly to determine whether a decline in fair value below the cost basis is other-than-temporary. The primary factors the Company considers in its determination are the length of time that the fair value of the investment is below the Company’s carrying value; future prospects of the investee; and the Company’s intent and ability to hold the security for a period of time sufficient to allow for any anticipated recovery in fair value. In addition, the Company considers other factors such as general market conditions, industry conditions, and analysts’ ratings. If the decline in fair value is deemed to be other-than-temporary, the cost basis of the investment is written down to fair value and the loss is realized as a component of net income. See Note 8 for further discussion of impairments of investments. Long-Lived and Indefinite-Lived Assets The Company’s long-lived and indefinite-lived assets consist of property and equipment, right-of-use Property and equipment is stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to leasehold improvements, amortized over the shorter of the lease term or the asset’s estimated useful life. The useful lives of the Company’s long-lived assets are based on estimates of the period over which the Company expects the assets to be of economic benefit to the Company. In estimating the useful lives, the Company considers factors such as, but not limited to, risk of obsolescence, anticipated use, plans of the Company, and applicable laws and permit requirements. In July 2013, the permit for The Garden was renewed for ten years and these financial statements have been prepared assuming further renewal of that permit. Identifiable intangible assets with finite useful lives are amortized on a straight-line basis over their respective estimated useful lives. Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized. Impairment of Long-Lived and Indefinite-Lived Assets In assessing the recoverability of the Company’s long-lived and indefinite-lived assets, the Company must make estimates and assumptions regarding future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized as well as the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve significant uncertainties and judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. If these estimates or material related assumptions change in the future, the Company may be required to record impairment charges related to its long-lived and/or indefinite-lived assets. Goodwill is tested annually for impairment as of August 31 st unit using an income approach, such as the discounted cash flow method, or other acceptable valuation techniques, including the cost approach, in instances when it does not perform the qualitative assessment of goodwill. Subsequent to the adoption of ASU No. 2017-04 No. 2017-04, The Company performs its goodwill impairment test at the reporting unit level, which is one level below the operating segment level. The Company has two operating and reportable segments, Entertainment and Tao Group Hospitality, consistent with the way management makes decisions and allocates resources to the business. For Fiscal Years 2021 and 2020, the Company had two reporting units for goodwill impairment testing purposes: Entertainment and Tao Group Hospitality. During the first quarter of Fiscal Year 2021, 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. As a result of operating disruptions due to the COVID-19 350-30, non-cash Identifiable indefinite-lived intangible assets are tested annually for impairment as of August 31 st For other long-lived assets, including property and equipment, right-of-use COVID-19 non-cash right-of-use Interest Capitalization For significant long term construction projects, the Company begins to capitalize qualified interest cost once activities necessary to get the asset ready for its intended use have commenced. The Company calculates qualified interest capitalization using the average amount of accumulated expenditures during the period the asset is being prepared for its intended use and a capitalization rate which is derived from the Company’s weighted average borrowing rate during such time, in the absence of specific borrowings related to the significant long term construction projects. The Company ceases capitalization on any portions substantially completed and ready for their intended use. Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. Contingent Consideration Some of the Company’s acquisition agreements include contingent earn-out The fair values of these earn-out earn-out The Company measures its contingent earn-out earn-out Defined Benefit Pension Plans and Other Postretirement Benefit Plan As more fully described in Note 15, certain employees of the Company participate in defined benefit pension plans (“Shared Plans”) sponsored by the Company, which also have historically included participants of MSG Sports. The Company accounted for the Shared Plans under the guidance of ASC 715, Compensation — Retirement Benefits The plan that was sponsored by the Company and did not include participants of MSG Sports (“Direct Plan”) was accounted for as a defined benefit pension plan. Accordingly, the funded and unfunded position of the Direct Plan was recorded in the Company’s combined balance sheets, as well as all costs related to the Direct Plan which are recorded in the combined statements of operations for periods prior to the Entertainment Distribution Date. Actuarial gains and losses that have not yet been recognized through the consolidated and combined statements of operations are recorded in accumulated other comprehensive income (loss) until they are amortized as a component of net periodic benefit cost through other comprehensive income (loss). After the Entertainment Distribution Date, the Company has both funded and unfunded defined benefit plans, as well as a contributory other postretirement benefit plan, covering certain full-time employees and retirees. The expense recognized by the Company is determined using certain assumptions, including the expected long-term rate of return and discount rates, among others. The Company recognizes the funded status of its defined benefit pension and other postretirement plans (other than multiemployer plans) as an asset or liability in the consolidated balance sheets and recognizes changes in the funded status in the year in which the changes occur through other comprehensive income (loss). Fair Value Measurements The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I — Quoted prices for identical instruments in active markets. • Level II — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III — Instruments whose significant value drivers are unobservable. Foreign Currency Translations The consolidated and combined financial statements are presented in U.S. Dollars. Assets and liabilities of non-U.S. non-U.S. Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In June 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments — Credit Losses. No. 2016-13 No. 2019-05, Targeted Transition Relief, No. 2019-11, Codification Improvements to Topic 326, Financial Instruments — Credit Losses No. 2020-02, Financial Instruments — Credit Losses and Leases, 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 No. 2018-13 No. 2018-13 In August 2018, the FASB issued ASU No. 2018-14, Compensation-Retirement Benefits-Defined Benefit Plans — General (Subtopic 715-20): No. 2018-14 In August 2018, the FASB issued ASU No. 2018-15, Intangibles — Goodwill and Other-Internal-Use 350-40): No. 2018-15 internal-use In November 2018, the FASB issued ASU No. 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities No. 2018-17 In November 2018, the FASB issued ASU No. 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606 No. 2018-18 2018-18 precludes 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 No. 2016-13 In November 2019, the FASB issued ASU No. 2019-08, Compensation — Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements — Share-Based Consideration Payable to a Customer. In January 2020, the FASB issued ASU No. 2020-01, Investments — Equity Securities (Topic 321), Investments — Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815): Clarifying the Interactions between Topic 321, Topic 323, and Topic 815. Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting 2021-01,

Acquisition and Disposition

Acquisition and Disposition	12 Months Ended
	Jun. 30, 2021
Business Combinations [Abstract]
Acquisition and Disposition	Note 3. Acquisition and Disposition Acquisition of Hakkasan In connection with Tao Group Hospitality’s venue expansion plans, Tao Group Sub-Holdings Sub-Holdings Sub-Holdings Sub-Holdings Sub-Holdings Sub-Holdings Sub-Holdings The Company’s purchase price allocation (“PPA”) for the Hakkasan acquisition is preliminary pending finalization of a working capital adjustment and deferred taxes (see explanation below) and could be subject to further revision if additional information related to the fair value of the identifiable net assets and nonredeemable noncontrolling interests becomes available. In addition, the initial determination of approximately 18% noncontrolling interest ownership of common equity interests in Tao Group Sub-Holdings step-up Fair Value (a) Cash and cash equivalents $ 16,737 Property and equipment, net 33,393 Right-of-use 44,818 Amortizable intangible assets, net 47,170 Other assets 12,641 Accrued expenses and other current liabilities (15,957 ) Operating lease liabilities (52,025 ) Other liabilities (13,655 ) Total identifiable net assets acquired 73,122 Goodwill (a) 3,378 Redeemable noncontrolling interests (b) $ (76,500 ) (a) Primarily represents expected synergies from combining operations of Hakkasan and Tao Group Hospitality, and is not deductible for income tax purposes. (b) Hakkasan Parent has the right to put its equity interest in Tao Group Sub-Holdings Sub-Holdings Sub-Holdings. Amortizable intangible assets, goodwill, inventory, property and equipment, and redeemable noncontrolling interests that arose from this acquisition were classified within Level III of the fair value hierarchy as they were valued using unobservable inputs, reflecting the Company’s best estimate of what hypothetical market participants would use to determine the value of acquired assets at the reporting date based on the best information available in the circumstances. The amounts of revenues and net income (primarily excluding the impact of various amortization of purchase price accounting adjustments of $1,070) attributable to Hakkasan since the acquisition date included in the Tao Group Hospitality segment within the Company’s consolidated statements of operations for Fiscal Year 2021 were $27,604 and $2,896, respectively. Pro forma result of operations have not been presented because the effect of the acquisition was not material to the Company’s consolidated statement of operations for Fiscal Year 2021, due to significant business disruptions resulting from the COVID-19 For the year ended June 30, 2021, the Company’s Tao Group Hospitality segment recognized $3,686 of acquisition-related expenses in connection with the Hakkasan acquisition within selling, general and administrative expenses in the accompanying consolidated statements of operations. The deferred taxes calculated relied on estimates of tax basis that would be allocable to the Company and reflect management’s best estimates and assumptions as of the reporting date and are considered preliminary pending finalization. Tao Group Hospitality Additional Interest Acquisition in Fiscal Year 2020 The Tao Group Hospitality purchase agreement entered into January 2017 contains a put option to require the Company to purchase the other owners’ equity interests under certain circumstances. The noncontrolling interest combined with the put option is classified as redeemable noncontrolling interest in the consolidated balance sheet, separate from equity. The relevant amounts attributable to investors other than the Company are reflected under “Redeemable noncontrolling interests,” “Net income (loss) attributable to redeemable noncontrolling interests” and “Comprehensive income (loss) attributable to redeemable noncontrolling interests” on the accompanying consolidated balance sheets, consolidated and combined statements of operations and consolidated and combined statements of comprehensive income (loss), respectively. The put option can be settled, at the Company’s option, in cash, debt or shares of the Company’s Class A Common Stock. The ultimate amount paid upon the exercise of the put option will likely be different from the estimated fair value, given the calculation required pursuant to the Tao Group Hospitality operating agreement. On January 22, 2020, the Company acquired an additional 15% of common equity interest in Tao Group Hospitality from its noncontrolling interest holders through a pre-Entertainment In connection with the Entertainment Distribution, the Company entered into amended employment agreements with two noncontrolling interest holders in the fourth quarter of Fiscal Year 2020, which provided the noncontrolling interest holders put rights exercisable that require the Company to purchase the remaining equity interest. Upon the exercise of the put options by the noncontrolling interest holders, the price to be paid for the redeemable noncontrolling interest is the then-current fair market value of the redeemable noncontrolling interest, subject to a minimum price (“floor”). See accompanying consolidated and combined statement of equity and redeemable controlling interest for various adjustments associated with the adjustment to redemption or fair value as well as the accretion of put options recorded in Fiscal year 2021 and Fiscal Year 2020. As discussed in Note 2, the Company elected to treat the adjustment to the non fair value redemption floor as an adjustment to the control number (numerator) of the EPS computation. See Note 6 for the adjustment of redeemable noncontrolling interest to redemption value in the computation of earnings per share. Disposition of The Forum in Fiscal Year 2020 On March 24, 2020, the Company entered into a Membership Interest Purchase Agreement (the “MIPA”) pursuant to which the Company agreed to sell the Forum in Inglewood, CA and settle related litigation for cash consideration in the amount of $400,000, subject to regulatory and other customary closing conditions. The transaction subsequently closed on May1, 2020, resulting in a total gain on sale of $240,783, net of transaction costs of $50,806 during the year ended June30, 2020 of which $140,495 was attributable to the settlement of the related litigation. The transaction cost included a fee of $48,742 to The Azoff Company Holdings (“Azoff Music”), in connection with an agreement made by the Former Parent when the remaining 50% interest of Azoff Music was sold on December5, 2018. The Forum meets the definition of a business under SEC Regulation S-X 11-01(d)-1 Business Combinations 205-20 Discontinued Operations.

Revenue Recognition

Revenue Recognition	12 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 4. Revenue Recognition Contracts with Customers For the years ended June 30, 2021, 2020 and 2019, all revenue recognized in the consolidated and combined statements of operations is considered to be revenue from contracts with customers in accordance with ASC Topic 606 except for $24,325 of revenues from (i)Arena License Agreements, (ii)leases, and (iii)subleases, which are accounted for in accordance with ASC Topic 842 for Fiscal Year 2021. In Fiscal Year 2021, the Company did not have any material provision for credit losses on receivables or contract assets arising from contracts with customers. The allowance for credit losses associated with contracts with customers was $5,577 and $9,135 as of June30, 2021 and 2020, respectively. The net decrease in allowance for credit losses in Fiscal Year 2021 was due to a net accounts receivable write off of $4,026, partially offset by an increase in provisions for credit losses of $468. The Company recognizes revenue when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of promised goods or services are transferred to customers. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and the determination of whether to include such estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. The Company accounts for taxes collected from customers and remitted to governmental authorities on a net basis and excludes these amounts from revenues. In addition, the Company defers certain costs to fulfill the Company’s contracts with customers to the extent such costs relate directly to the contracts, are expected to generate resources that will be used to satisfy the Company’s performance obligations under the contracts and are expected to be recovered through revenue generated under the contracts. Contract fulfillment costs are expensed as the Company satisfies the related performance obligations. In connection with the Entertainment Distribution, the Company entered into Arena License Agreements with MSG Sports that require the Knicks and the Rangers to play their home games at The Garden. These agreements also provide for the provision of certain services by the Company to MSG Sports in connection with MSG Sports events that are held at The Garden and include revenue-sharing provisions for certain agreements entered into by the Company and MSG Sports. The Arena License Agreements contain both lease and non-lease non-lease Arrangements with Multiple Performance Obligations The Company enters into arrangements with multiple performance obligations, such as multi-year sponsorship agreements which may derive revenues for both the Company as well as MSG Sports within a single arrangement. The Company also derives revenue from similar types of arrangements which are entered into by MSG Sports. Payment terms for such arrangements can vary by contract, but payments are generally due in installments throughout the contractual term. The performance obligations included in each sponsorship agreement vary and may include advertising and other benefits such as, but not limited to, signage at The Garden and the Company’s other venues, digital advertising, event or property specific advertising, as well as non-advertising The timing of revenue recognition for each performance obligation is dependent upon the facts and circumstances surrounding the Company’s satisfaction of its respective performance obligation. The Company allocates the transaction price for such arrangements to each performance obligation within the arrangement based on the estimated relative standalone selling price of the performance obligation. The Company’s process for determining its estimated standalone selling prices involves management’s judgment and considers multiple factors including company specific and market specific factors that may vary depending upon the unique facts and circumstances related to each performance obligation. Key factors considered by the Company in developing an estimated standalone selling price for its performance obligations include, but are not limited to, prices charged for similar performance obligations, the Company’s ongoing pricing strategy and policies, and consideration of pricing of similar performance obligations sold in other arrangements with multiple performance obligations. The Company may incur costs such as commissions to obtain its multi-year sponsorship agreements. The Company assesses such costs for capitalization on a contract by contract basis. To the extent costs are capitalized, the Company estimates the useful life of the related contract asset which may be the underlying contract term or the estimated customer life depending on the facts and circumstances surrounding the contract. The contract asset is amortized over the estimated useful life. Principal versus Agent Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service before transfer to the customer. When the Company concludes that it controls the good or service before transfer to the customer, the Company is considered a principal in the transaction and records revenue on a gross basis. When the Company concludes that it does not control the good or service before transfer to the customer but arranges for another entity to provide the good or service, the Company acts as an agent and records revenue on a net basis in the amount it earns for its agency service. Revenue for the Company’s suite license arrangements is recorded on a gross basis, as the Company is the principal in such transactions and controls the related goods or services before transfer to the customer. MSG Sports is entitled to a share of the Company’s suite license revenue pursuant to the terms of the Arena License Agreements, which is recognized in the consolidated and combined statements of operations as a component of direct operating expenses. For sponsorship agreements entered into by the Company or by MSG Sports that contain performance obligations satisfied solely by the Company, revenue is generally recorded on a gross basis as the Company is the principal with respect to such performance obligations and controls the related goods or services before transfer to the customer. In accordance with the Arena License Agreements, MSG Sports is entitled to a share of the revenue generated from certain signage performance obligations where the Company is the principal. The Company records this signage revenue on a gross basis and MSG Sports’ share of such revenue as a component of direct operating expenses within the combined statement of operations. For Fiscal Years 2021, 2020 and 2019, the Company recorded revenue-sharing expense of $1,025, $110,002, and $145,723, respectively, for MSG Sports’ share of the Company’s revenues from (i) suite license, (ii) certain signage and sponsorship, and (iii) food and beverage based upon the provisions of the underlying contractual arrangements for the period subsequent to the Entertainment Distribution, and on the basis of direct usage when specifically identified or allocated proportionally for all prior periods. In connection with the Entertainment Distribution, the Company entered into advertising sales representation agreements with certain subsidiaries of MSG Sports. Pursuant to these agreements, the Company has the exclusive right and obligation to sell sponsorship assets on behalf of the respective subsidiaries of MSG Sports. The Company is entitled to both fixed and variable commissions under the terms of these agreements. The Company recognizes the fixed component ratably over the term of the arrangement which corresponds with the Company’s satisfaction of its service-based performance obligations. Variable commissions are earned and recognized as the related sponsorship performance obligations are satisfied by MSG Sports. The Company is not the principal in such arrangements as it does not control the related goods or services prior to transfer to the customer. Since the Company acts as an agent under these arrangements, the Company recognizes the advertising commission revenue on a net basis. The Company is also party to an advertising sales representation agreement with MSG Networks. Pursuant to the agreement, the Company has the exclusive right and obligation to sell advertising on behalf of MSG Networks. The Company is entitled to and earns commission revenue as the advertisements are aired on MSG Networks. Since the Company acts as an agent, the Company recognizes the advertising commission revenue on a net basis. In connection with the Merger with MSG Networks, these revenues will be eliminated retrospectively on a consolidated basis beginning Fiscal Year 2022. The Company’s revenue recognition policies that summarize the nature, amount, timing and uncertainty associated with each of the Company’s revenue sources are discussed further in each respective segment discussion below. Entertainment Segment The Company earns event related revenues principally from the sale of tickets for events that the Company produces or promotes/co-promotes, promote/co-promote. The Company’s revenues also include revenue from the license of The Garden’s suites. Suite license arrangements are generally multi-year fixed-fee The Company also earns revenues from the sale of advertising in the form of venue signage and other forms of sponsorship, which are not related to any specific event of the Company or MSG Sports. The Company’s performance obligations with respect to this advertising are satisfied as the related benefits are delivered over the term of the respective agreements. The Company’s advertising sales representation commissions are reported within the Entertainment segment. Amounts collected in advance of the Company’s satisfaction of its contractual performance obligations are recorded as a contract liability within deferred revenue and are recognized as the Company satisfies the related performance obligations. Amounts collected in advance of events for which the Company is not the promoter or co-promoter Tao Group Hospitality Segment Revenues from dining, nightlife and hospitality offerings through Tao Group Hospitality are recognized when food, beverages and/or services are provided to the customer as that is the point in which the related performance obligation is satisfied. In addition, management fee revenues which are earned in accordance with specific venue management agreements are recorded over the period in which the management services are performed as that reflects the measure of progress toward satisfaction of the Company’s venue management performance obligations. 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, in accordance with ASC Subtopic 606-10-50-5, Year ended June 30, 2021 Entertainment Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 14,062 $ 84,325 $ (1,522 ) $ 96,865 Sponsorship, signage and suite licenses (b) 16,308 4,736 (207 ) 20,837 Other (c) 27,586 11,105 (317 ) 38,374 Total revenues from contracts with customers $ 57,956 $ 100,166 $ (2,046 ) $ 156,076 Year ended June 30, 2020 Entertainment Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 390,691 $ 161,663 $ (507 ) $ 551,847 Sponsorship, signage and suite licenses (b) 176,798 1,640 (1,091 ) 177,347 Other (c) 17,719 16,898 (875 ) 33,742 Total revenues from contracts with customers $ 585,208 $ 180,201 $ (2,473 ) $ 762,936 Year ended June 30, 2019 Entertainment Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 529,737 $ 234,205 $ (852 ) $ 763,090 Sponsorship, signage and suite licenses (b) 243,843 1,788 (873 ) 244,758 Other (c) 23,478 17,658 (75 ) 41,061 Total revenues from contracts with customers $ 797,058 $ 253,651 $ (1,800 ) $ 1,048,909 (a) Consists of (i) ticket sales and other ticket-related revenues, (ii) Tao Group Hospitality’s entertainment dining and nightlife offerings, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales. Event-related revenues and entertainment, dining and nightlife offerings are recognized at a point in time. As such, these revenues have been included in the same category in the table above. (b) See sections “— Contracts with Customers — Arrangements with Multiple Performance Obligations”, “— Contracts with Customers — Principal versus Agent Revenue Recognition” and “— Contracts with Customers — Entertainment Segment” for further details on the pattern of recognition of sponsorship, signage and suite license revenues. (c) Primarily consists of (i) revenues from sponsorship sales and representation agreements with MSG Sports, (ii) advertising commission revenue from MSG Networks, and (ii) Tao Group Hospitality’s managed venue revenues. In addition to the disaggregation of the Company’s revenue by major source based upon the timing of transfer of goods or services to the customer disclosed above, the following table disaggregates the Company’s combined revenues by type of goods or services in accordance with the required entity-wide disclosure requirements of FASB ASC Subtopic 280-10-50-38 606-10-50-5 Year ended June 30, 2021 Entertainment (d) Tao Group Eliminations Total (d) Ticketing and venue license fee revenues (a) $ 8,311 $ — $ — $ 8,311 Sponsorship and signage, suite, and advertising commission revenues (b) 43,723 — (207 ) 43,516 Revenues from entertainment dining and nightlife offerings (c) — 100,166 (1,839 ) 98,327 Food, beverage and merchandise revenues 3,078 — — 3,078 Other 2,844 — — 2,844 Total revenues from contracts with customers $ 57,956 $ 100,166 $ (2,046 ) $ 156,076 Year ended June 30, 2020 Entertainment Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 310,971 $ — $ — $ 310,971 Sponsorship and signage, suite, and advertising commission revenues (b) 200,092 — (1,091 ) 199,001 Revenues from entertainment dining and nightlife offerings (c) — 180,201 (1,382 ) 178,819 Food, beverage and merchandise revenues 62,341 — — 62,341 Other 11,804 — — 11,804 Total revenues from contracts with customers $ 585,208 $ 180,201 $ (2,473 ) $ 762,936 Year ended June 30, 2019 Entertainment Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 420,285 $ — $ — $ 420,285 Sponsorship and signage, suite, and advertising commission revenues (b) 266,204 — (873 ) 265,331 Revenues from entertainment dining and nightlife offerings (c) — 253,651 (927 ) 252,724 Food, beverage and merchandise revenues 83,307 — — 83,307 Other 27,262 — — 27,262 Total revenues from contracts with customers $ 797,058 $ 253,651 $ (1,800 ) $ 1,048,909 (a) Amounts include ticket sales, including other ticket-related revenue, and venue license fees from the Company’s events such as (i) concerts, (ii) the presentation of the Christmas Spectacular, and (iii) other live entertainment and sporting events. (b) Beginning in Fiscal Year 2021, Sponsorship and signage, suite, and advertising commission revenues include revenues from sponsorship sales and representation agreements with MSG Sports. (c) Primarily consist of revenues from (i) entertainment dining and nightlife offerings and (ii) venue management agreements. (d) In addition to the various types of revenues disclosed above, total revenues of $180,401 in Fiscal Year 2021 include $24,325 of lease-related revenues recognized under ASC 842 within the Entertainment segment. See “— Lessor Arrangements” under Note 10 for further details. 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. For Fiscal Year 2021, the Company did not have any material impairment losses on contract assets arising from contracts with customers. The following table provides information about the opening and closing contract balances from the Company’s contracts with customers as of June 30, 2021, 2020 and 2019.​​​​​​​ June 30, 2021 2020 2019 Receivables from contracts with customers, net (a) $ 86,454 $ 59,828 $ 81,170 Contract assets, current (b) 7,052 3,850 6,873 Deferred revenue, including non-current (c) 210,037 193,112 197,047 (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 June 30, 2021, 2020 and 2019. the Company’s receivables from contracts with customers above included $4,848, $2,644 and $126, respectively, related to various related parties. See Note 20 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 a customer in advance of the Company’s transfer of goods or services to that customer. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. Revenue recognized for the year ended June 30, 2021 and relating to the deferred revenue balance as of June 30, 2020 was $11,204. 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 June 30, 2021. This primarily relates to performance obligations under sponsorship and suite license agreements that have original expected durations longer than one year and the considerations are not variable. 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. Fiscal year ending June 30, 2022 $ 101,393 Fiscal year ending June 30, 2023 96,749 Fiscal year ending June 30, 2024 77,948 Fiscal year ending June 30, 2025 55,945 Fiscal year ending June 30, 2026 43,180 Thereafter 57,245 $ 432,460

Restructuring Charges

Restructuring Charges	12 Months Ended
	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring Charges	Note 5. Restructuring Charges The Company’s operations have been disrupted since March 2020 due to the COVID-19 The Company’s restructuring accrual activity through June 30, 2021 is as follows: June 30, 2020 $ — Restructuring charges 21,299 Payments (21,118 ) June 30, 2021 $ 181

Computation of Earnings (Loss)

Computation of Earnings (Loss) per Common Share	12 Months Ended
	Jun. 30, 2021
Computation of Earnings (Loss) per Common Share [Abstract]
Computation of Earnings (Loss) per Common Share	Note 6. Computation of Earnings (Loss) per Common Share On the Entertainment Distribution Date, 23,992 shares of the Company’s Class A Common Stock were distributed to MSG Sports stockholders as of the Record Date and were outstanding as of April 17, 2020. This share amount was being utilized for the calculation of basic earnings (loss) per share for the periods prior to the Entertainment Distribution because the Company was a wholly-owned subsidiary of MSG Sports prior to the Entertainment Distribution Date. In addition, the computation of diluted earnings per share equals the basic earnings (loss) per common share calculation since there was no stock trading information available to compute dilutive effect of shares issuable under share-based compensation plans needed under the treasury method in accordance with ASC Topic 260, Earnings Per Share Years Ended June 30, 2021 2020 2019 Net income (loss) available to Madison Square Garden Entertainment Corp.’s stockholders (numerator): Net income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders per statement of operations $ (377,192 ) $ 19,294 $ (8,219 ) Adjustment of redeemable noncontrolling interest to redemption value (8,728 ) — — Net income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders for EPS: $ (385,920 ) $ 19,294 $ (8,219 ) Weighted-average shares (denominator): Weighted-average shares for basic EPS (a) 24,205 23,998 23,992 Dilutive effect of shares issuable under share-based compensation plans (a) — 19 — Weighted-average shares for diluted EPS (a) 24,205 24,017 23,992 Weighted-average anti-dilutive shares (b) — 522 — EPS: Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders $ (15.95 ) $ 0.81 $ (0.35 ) Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders $ (15.95 ) $ 0.81 $ (0.35 ) (a) See the Consolidated and Combined Statements of Operations for how the weighted-average shares were derive d for Fi (b) For Fiscal Year 2021, all restricted stock units and stock options were excluded from the above table because the Company reported a net loss for the periods presented and, therefore, their impact on reported loss per share would have been antidilutive. See Note 16 for further detail.

Cash, Cash Equivalent and Restr

Cash, Cash Equivalent and Restricted Cash	12 Months Ended
	Jun. 30, 2021
Cash, Cash Equivalents and Restricted Cash [Abstract]
Cash, Cash Equivalent and Restricted Cash	Note 7. Cash, Cash Equivalent and Restricted Cash The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of June 30, June 30, June 30, June 30, Captions on the consolidated and combined balance sheets: Cash and cash equivalents $ 1,168,760 $ 906,555 $ 1,082,055 $ 1,225,645 Restricted cash 22,984 17,749 10,010 6,711 Cash, cash equivalents and restricted cash on the consolidated and combined statements of cash flows $ 1,191,744 $ 924,304 $ 1,092,065 $ 1,232,356

Investments and Loans to Noncon

Investments and Loans to Nonconsolidated Affiliates	12 Months Ended
	Jun. 30, 2021
Investments in and Advances to Affiliates [Abstract]
Investments and Loans to Nonconsolidated Affiliates	Note 8. Investments in Nonconsolidated Affiliates​​​​​​​​​​​​​​​​​​​​​ The Company’s investments in 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 Investments—Equity Securities Ownership Investment June 30, 2021 Equity method investments: SACO Technologies Inc. (“SACO”) 30 % $ 36,265 Others 6,204 Equity investments without readily determinable fair values (a) 3,500 Total investments in nonconsolidated affiliates $ 45,969 June 30, 2020 Equity method investments: SACO 30 % $ 40,461 Others 8,661 Equity investments without readily determinable fair values (a) (b) (c) 3,500 Total investments in nonconsolidated affiliates $ 52,622 (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. Under the measurement alternative, equity securities without readily determinable fair values are accounted for at cost, adjusted for impairment and changes resulting from observable price fluctuations in orderly transactions for the identical or a similar investment of the same issuer. For Fiscal Year 2021, the Company did not have impairment charges or change in carrying value recorded to its equity securities without readily determinable fair values. For Fiscal Year 2020, the Company recorded an impairment charge of $533. For Fiscal Year 2019, the Company recorded a $3,738 increase in carrying value from observable price fluctuations and an impairment charge of $398. (b) As of June 30, 2019, the Company’s equity investment in equity without readily determinable fair value included a $9,834 investment in DraftKings Inc. (“DraftKings”). DraftKings became a publicly traded company in April 2020. Accordingly, the Company began accounting for its investment in DraftKings as an equity investment with a readily determinable fair value in accordance the ASC Topic 321, Investments—Equity Securities. See section “Equity Investment with Readily Determinable Fair Values” below for further discussion. (c) The following tables summarize the changes in the Company’s equity investments without readily determinable fair values for which the Company has used Level III inputs to determine fair value and a reconciliation to the opening and closing balances as of June 30, 2021, and 2020: June 30, 2021 2020 Balance, beginning of period $ 3,500 $ 13,867 Transfer out of Level III to Level I for investment in DraftKings — (9,834 ) Impairment charge — (533 ) Balance, end of period $ 3,500 $ 3,500 Equity Method Investments The Company determined that it has the ability to exert significant influence over the investee and therefore accounts for these investments under the equity method of accounting in accordance with ASC Topic 323. For investments in limited liability companies in which the Company has an ownership interests that exceeds 3% to 5%, the Company also accounts for such investments under the equity method of accounting. SACO In July 2018, the Company acquired a 30% interest in SACO, a global provider of high-performance LED video lighting and media solutions, for a total consideration of approximately $47,244. The Company is utilizing SACO as a preferred display technology provider for MSG Sphere based upon commercial terms. The total consideration consisted of a $42,444 payment at closing and a $4,800 deferred payment, which was made in October 2018. As of the acquisition date, the carrying amount of the investment was greater than the Company’s equity interest in the underlying net assets of SACO. As such, the Company allocated the difference to amortizable intangible assets of $25,350 and is amortizing these intangible assets on a straight-line basis over the expected useful lives ranging from 6 years to 12 years. In addition, the Company also has other investments in various entertainment, hospitality companies and related technology companies, accounted for under the equity method. Equity Investment with Readily Determinable Fair Value As of June 30, 2021 , The cost basis and the carrying fair value of these investments, which are reported under Other assets in the accompanying consolidated balance sheets as of June 30, 2021 and 2020, are as follows: Balance as of June 30, 2021 Equity Investment with Readily Determinable Fair Values Units / Shares Cost Basis Carrying value / Fair value Townsquare Class A common stock 583 $ 4,221 $ 7,435 Townsquare Class C common stock 2,625 19,001 33,469 DraftKings, common stock 869 6,036 45,360 Total $ 29,258 $ 86,264 Balance as of June 30, 2020 Equity Investment with Readily Determinable Fair Value Units / Shares Cost Basis Carrying value / fair value Townsquare Class A common stock 3,208 $ 23,222 $ 14,340 DraftKings, common stock 1,280 8,798 42,589 DraftKings, warrant 9 22 132 Total $ 32,042 $ 57,061 The following table summarizes the realized and unrealized gains (loss) on equity investments with readily determinable fair value for the years ended June 30, 2021, 2020 and 2019: June 30, 2021 2020 2019 Unrealized gain (loss) — Townsquare $ 26,563 $ (2,920 ) $ (3,497 ) Unrealized gain — DraftKings 26,942 34,197 — Realized gain (loss) — DraftKings (2,327 ) 6,351 — $ 51,178 $ 37,628 $ (3,497 ) Supplemental information on realized gain (loss): Shares of common stock sold — DraftKings 420 197 — Cash proceeds from common stock sold — DraftKings $ 22,079 $ 7,659 $ — The realized and unrealized gains and losses on investments discussed above are reported under Miscellaneous income (expense), net in the accompanying consolidated and combined statement of operations. See Note 21. Segment Information for addition information. Unconsolidated Significant Subsidiaries Based on the amended Rule 1-02(w) S-X

Property and Equipment

Property and Equipment	12 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 9. Property and Equipment As of June 30, 2021 and 2020, property and equipment consisted of the following assets: June 30, 2021 2020 Estimated Useful Lives Land $ 150,750 $ 141,638 Buildings 996,295 993,206 Up to 40 years Equipment 378,086 345,314 1 year to 20 years Aircraft 38,090 38,090 20 years Furniture and fixtures 38,896 42,389 1 year to 7 years Leasehold improvements 196,273 170,585 Shorter of term of lease or useful life of improvement Construction in progress (a) 1,194,110 699,720 2,992,500 2,430,942 Less accumulated depreciation and amortization (843,925 ) (770,489 ) $ 2,148,575 $ 1,660,453 (a) Interest is capitalized during the construction period for significant long term construction project s For the fiscal years ended June 30, 2021 and June 30, 2020, the Company capitalized $34,890 and $2,060 of interest, respectively. The increase in Construction in progress is primarily associated with the development and construction of MSG Sphere in Las Vegas and, to a lesser extent, MSG Sphere in London. The increases in other categories of property and equipment were primarily due to the Tao Group Hospitality’s acquisition of Hakkasan in April 2021, which included leasehold improvement of $26,296, equipment (including computers and software) of $4,701 and furniture and fixtures of $2,396. The property and equipment balances above include $106,574 and $78,618 of capital expenditure accruals as of June 30, 2021 and 2020, respectively, which are reflected in “Other accrued liabilities” in the accompanying consolidated balance sheets. Depreciation and amortization expense on property and equipment was $88,519, $91,148 and $95,904 for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, respectively.

Leases

Leases	12 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Leases	Note 10. 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 by the lessor for the Company’s use. The Company’s assessment of the lease term reflects the non-cancellable 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 non-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 sheets. 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 sheets. 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 sheets 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 Sands Expo Convention Center business. However, if certain return objectives are achieved, Sands will receive 25 after-tax As of June 30, 2021, the Company’s existing operating leases, which are recorded on the accompanying financial statements, have remaining lease terms ranging from 0.75 years to 19.5 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 ROU assets and lease liabilities recorded on the Company’s consolidated balance sheets as of June 30, 2021 and 2020: Line Item in the Company’s June 30, 2021 June 30, 2020 Right-of-use Operating leases Right-of-use $ 268,568 $ 220,328 Lease liabilities: Operating leases, current Operating lease liabilities, current $ 68,544 $ 53,388 Operating leases, noncurrent Operating lease liabilities, noncurrent 224,729 174,219 Total lease liabilities $ 293,273 $ 227,607 The following table summarizes the activity recorded within the Company’s consolidated and combined statements of operations for the years ended June 30, 2021 and 2020: Line Item in the Company’s Consolidated Years Ended June 30, 2021 2020 Operating lease cost Direct operating expenses $ 31,074 $ 32,348 Operating lease cost Selling, general and administrative expenses 20,898 19,525 Short-term lease cost Direct operating expenses — 348 Variable lease cost Direct operating expenses 1,810 4,008 Variable lease cost Selling, general and administrative expenses 57 61 Total lease cost $ 53,839 $ 56,290 Supplemental Information For Fiscal Year 2021 and Fiscal Year 2020, cash paid for lease arrangements totaled $49,312 and $54,980, respectively. For Fiscal Year 2021, the Company recorded new operating lease liabilities of $47,790 arising from obtaining right-of-use During Fiscal Year 2020, a net non-cash right-of-use COVID-19 The weighted average remaining lease term for operating leases recorded on the accompanying consolidated balance sheet as of June 30, 2021 was 7.3 years. The weighted average discount rate was 8.04% as of June 30, 2021 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 June 30, 2021 are as follows: Fiscal year ending June 30, 2022 $ 71,346 Fiscal year ending June 30, 2023 72,248 Fiscal year ending June 30, 2024 52,311 Fiscal year ending June 30, 2025 33,751 Fiscal year ending June 30, 2026 30,248 Thereafter 150,473 Total lease payments 410,377 Less imputed interest 117,104 Total lease liabilities (a) $ 293,273 (a) Operating lease payments exclude minimum lease payments related to a location associated with the entertainment dining and nightlife offerings as the Company has not yet taken possession of the space. Lessor Arrangements In connection with the Entertainment Distribution, the Company entered into Arena License Agreements with MSG Sports that, among other things, require the Knicks and the Rangers to play their home games at The Garden in exchange for fixed monthly license fees over the term of the agreements. The Company accounts for these license fees as operating lease revenue given that the Company provides MSG Sports with the right to direct the use of and obtain substantially all of the economic benefit from The Garden during Knicks and Rangers home games. Operating lease revenue is recognized on a straight-line basis over the lease term. In the case of the Arena License Agreements, the lease terms relate to non-consecutive The Arena License Agreements provide that license fees are not required to be paid by MSG Sports during periods when The Garden is unavailable for use due to a force majeure event. As a result of government-mandated suspension of events at The Garden due to the impact of the COVID-19

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets	Note 11. Goodwill and Intangible Assets The carrying amounts and activity of goodwill from June 30, 2019 through June 30, 2021 are as follows: Entertainment Tao Group Total Balance as of June 30, 2019 $ 76,975 $ 88,583 $ 165,558 Allocation to the assets held for sale, subsequently sold (a) (2,666 ) — (2,666 ) Goodwill impairment (b) — (88,583 ) (88,583 ) Balance as of June 30, 2020 $ 74,309 $ — $ 74,309 Acquisition of Hakkasan (c) — 3,378 3,378 Balance as of June 30, 2021 $ 74,309 $ 3,378 $ 77,687 (a) In connection with the execution of the MIPA on March 24, 2020, pursuant to which the Company agreed to sell the Forum in Inglewood (see Note 3), the Company allocated $2,666 of goodwill associated with the Forum to assets held for sale in accordance with FASB ASC Topic 350, Intangibles — Goodwill and Other, ASC Subtopics 350-20-40-1 350-20-40-7. (b) 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. During the third quarter of Fiscal Year 2020, the Company’s operating results were, and continue to be, materially impacted by the COVID-19 COVID-19 COVID-19 non-cash . (c) The TAO Group’s purchase price allocation for the Hakkasan acquisition is preliminary and could be subject to further revision as additional information related to the fair value of the identifiable net assets and redeemable noncontrolling interests becomes available during the measurement period that concludes in April 2022. Goodwill recognized in this acquisition is not deductible for income tax purposes. See Note 3 for more information on the allocation of the purchase price and goodwill recognized in connection with this acquisition. The Company’s indefinite-lived intangible assets, all of which are within the Entertainment segment, as of June 30, 2021 and 2020 are as follows: June 30, June 30, Trademarks 61,881 61,881 Photographic related rights 1,920 1,920 $ 63,801 $ 63,801 During the first quarter of Fiscal Year 2021, the Company performed its annual impairment test of indefinite-lived intangible assets and determined that there were no impairments of indefinite-lived intangibles identified as of the impairment test date. The Company’s intangible assets subject to amortization are as follows: June 30, 2021 Estimated Useful Lives Gross Accumulated Amortization Net Trade names (a) 2 years to 25 years $ 121,000 $ (25,605 ) $ 95,395 Venue management contracts 5.67 years to 20 years 85,700 (17,518 ) 68,182 Non-compete 5.75 years 9,000 (6,913 ) 2,087 Festival rights 15 years 8,080 (2,696 ) 5,384 Other intangibles (c) 15 years 4,217 (3,814 ) 403 $ 227,997 $ (56,546 ) $ 171,451 June 30, 2020 Gross Accumulated Amortization Net Trade names (a) $ 97,530 $ (20,774 ) $ 76,756 Venue management contracts (b) 79,000 (15,590 ) 63,410 Non-compete 9,000 (5,348 ) 3,652 Festival rights 8,080 (2,156 ) 5,924 Other intangibles (c) 4,217 (3,533 ) 684 $ 197,827 $ (47,401 ) $ 150,426 (a) The increase in trade names of $23,470 in Fiscal Year 2021, is primarily attributable to Tao Group Hospitality’s acquisition of Hakkasan. Such trade names were valued using unobservable inputs within Level III of the fair value hierarchy, utilizing the discounted cash flow models and relief-from-royalty approach with a weighted-average amortization period of approximately 17.7 years. During Fiscal Year 2020, the Company recorded a non-cash COVID-19 (b) The increase in venue management contracts of $23,700 in Fiscal Year 2021, is attributable to Tao Group Hospitality’s acquisition of Hakkasan. Such contracts were valued using unobservable inputs within Level III of the fair value hierarchy, utilizing the discounted cash flow models with a weighted-average amortization period of approximately 11.8 years. In addition, during the third quarter of Fiscal Year 2021, the Company recorded $14,280 of accelerated amortization expense for certain venue management contracts (gross cost of $17,000) as a result of Tao Group Hospitality converting certain venues to operating leases that were previously under management contracts. Amortization expense for intangible assets, excluding the amortization of favorable lease assets of $4,696 for the years ended June 30, 2019, which is reported in rent expense, was $26,145, $13,751 and $13,439 for the years ended June 30, 2021, 2020 and 2019, respectively. The Company expects its annual amortization expense for existing intangible assets subject to amortization for each fiscal year from 2022 through 2026 to be as follows: Fiscal year ending June 30, 2022 $ 14,558 Fiscal year ending June 30, 2023 13,350 Fiscal year ending June 30, 2024 12,676 Fiscal year ending June 30, 2025 12,676 Fiscal year ending June 30, 2026 12,668

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 12. Commitments and Contingencies Commitments As of June 30, 2021, commitments of the Company in the normal course of business in excess of one year are as follows: Commitments (a) (b) Debt (c) Other (d) Total (e) Fiscal year ending June 30, 2022 $ 12,750 $ 120,132 $ 132,882 Fiscal year ending June 30, 2023 17,137 118 17,255 Fiscal year ending June 30, 2024 34,000 118 34,118 Fiscal year ending June 30, 2025 6,500 57 6,557 Fiscal year ending June 30, 2026 620,750 — 620,750 Thereafter — — — $ 691,137 $ 120,425 $ 811,562 (a) The Company’s material off balance sheet arrangements primarily include (i) MSG Sphere in Las Vegas related commitments of approximately $1,025,000 for which the timing of future cash payments is uncertain and may change as development and construction progresses, (ii) $60,458 of operating lease payments for a lease in Burbank (excluding tenant allowance reimbursement of $24,000), which was not recognized on the Consolidated Balance Sheet as of June 30, 2021 since the Company has not yet taken possession of the property, (iii) $60,310 of commitments for capital expenditures, equipment purchases, and services agreements, and (iv) letters of credit of $4,226 obtained by the Company as collateral for lease agreements of the Company and Tao Group Hospitality. (b) See Note 10 for more information regarding the Company’s contractually obligated minimum lease payments for operating leases having an initial noncancelable term in excess of one year for the Company’s venues, including the Tao Group Hospitality venues and various corporate offices. These commitments are presented exclusive of the imputed interest used to reflect the payment’s present value. In addition, see Note 24 Subsequent Events for a discussion of the amendment and extension of the Radio City Music Hall lease, executed in July 2021. (c) See Note 14 for more information regarding the principal repayments required under the National Properties Term Loan Facility and the Tao Senior Secured Credit Facilities and a note with respect to a loan of $637 received by BCE from its noncontrolling interest holder that is due in April 2023. (d) Includes accrued expense of approximately $98,000 associated with the development and construction of MSG Sphere in Las Vegas, all due within Fiscal Year 2022. (e) Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 15 for more information on the future funding requirements under our pension obligations. Under the terms of lease agreements and related guaranties, subsidiaries of the Company have certain operating requirements, with one of these subsidiaries being also required to meet a certain net worth obligation. In the event that these subsidiaries were to fail to meet the required obligations and were unable to avail themselves of the cure options, the landlord could terminate the lease. The Company and a subsidiary of the Sands entered into a ground lease in Las Vegas pursuant to which the Company has agreed to construct a large-scale venue. The ground lease is for a term of 50 years. The Company has announced plans to construct an MSG Sphere on that site. The ground lease has no fixed rent; however, if certain return objectives are achieved, Sands will receive 25% of the after-tax Tao Group Hospitality equityholders have the right to put their equity interests in Tao Group Hospitality to a subsidiary of the Company. The purchase price is at fair market value subject, in certain cases, to a floor. Consideration paid upon exercise of such put right shall be, at the Company’s option, in cash, debt, or our Class A Common Stock, subject to certain limitations. In addition, Hakkasan USA, Inc., a minority interest holder of Tao Group Sub-Holdings Sub-Holdings Sub-Holdings Legal Matters Fourteen complaints were filed in connection with the Merger by purported stockholders of the Company and MSG Networks. Nine of these complaints involved allegations of materially incomplete and misleading information set forth in the joint proxy statement/prospectus filed by the Company and MSG Networks in connection with the Merger. As a result of supplemental disclosures made by the Company and MSG Networks on July 1, 2021, all of these actions were voluntarily dismissed with prejudice prior to or shortly following the consummation of the Merger. On May 27, 2021, a complaint captioned Hollywood Firefighters’ Pension Fund et al. James Dolan, et al. DGCL On June 9, 2021, a complaint captioned Timothy Leisz MSG Networks Inc. et al. On July 6, 2021, a complaint captioned Stevens et al. Dolan et al. 2021-575, On July 6, 2021, a complaint captioned The City of Boca Raton Police and Firefighters’ Retirement System MSG Networks Inc. On August 11, 2021,a stockholder derivative complaint captioned City of Miramar Retirement Plan and Trust Fund for General Employees et al. v. Dolan et al., We are currently unable to determine a range of potential liability, if any, with respect to these Merger-related claims. Accordingly, no accrual for these matters has been made in our consolidated financial statements. The Company is a defendant in various other lawsuits. Although the outcome of these matters cannot be predicted with certainty, management does not believe that resolution of these lawsuits will have a material adverse effect on the Company.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 13. Fair Value Measurements The following table presents the Company’s assets that are measured at fair value within Level I of the fair value hierarchy on a recurring basis using observable inputs that reflect quoted prices for identical assets in active markets. These assets include (i) cash equivalents in money market accounts, time deposits and U.S. treasury bills, (ii) short-term investments in term deposits and U.S. treasury bills, (iii) notes receivable, and (iv) equity investments with readily determinable fair value: Line Item on Consolidated Balance Sheet June 30, 2021 2020 Assets: Money market accounts (a) Cash and cash equivalents $ 362,237 $ — Time deposits (a) Cash and cash equivalents 691,521 777 U.S. treasury bills (a) Cash and cash equivalents — 699,945 Term deposits (b) Short-term investments — 37,250 U.S. treasury bills (b) Short-term investments — 299,942 Notes receivable (b) Other current assets — 6,328 Equity investments with readily determinable fair value (c) Other assets 86,264 57,061 Total assets measured at fair value $ 1,140,022 $ 1,101,303 (a) The carrying amount of the Company’s cash equivalents in money market accounts, time deposits, and U.S. treasury bills approximate fair value due to their short-term maturities. (b) As of June 30, 2020, the Company’s short-term investments consisted of investments that (i) had original maturities of greater than three months and (ii) could be converted into cash by the Company within one year. In addition, the Company’s notes receivable were invested with a banking institution as collateral for issuances of letters of credit. The Company’s notes receivable and short-term investments in term deposits were carried at cost, including interest accruals, which approximated fair value and were classified within Level I of the fair value hierarchy. (c) See Note 7 for more information on the Company’s equity investments with readily determinable fair value in Townsquare and DraftKings. In addition to the table above, the carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows:​​​​​​​ June 30, 2021 June 30, 2020 Carrying Value Fair Value Carrying Value Fair Value Liabilities Current and non-current (a) $ 646,750 $ 669,386 $ — $ — Current and non-current (a) 43,750 43,851 33,750 32,367 (a) On May 23, 2019, Tao Group Intermediate Holdings LLC and Tao Group Operating LLC entered into a $40,000 five-year term loan facility and a $25,000 five-year term revolving facility. On November 12, 2020, MSG National Properties and certain subsidiaries of the Company entered into the National Properties Term Loan Facility, providing a five-year $650,000 term loan 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 14 for more information and outstanding balances on this long-term debt.

Credit Facilities

Credit Facilities	12 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Credit Facilities	Note 14. Credit Facilities National Properties Term Loan Facility On November 12, 2020, MSG National Properties, an indirect, wholly-owned subsidiary of the Company, MSG Entertainment Group and certain subsidiaries of MSG National Properties entered into a five-year $650,000 senior secured term loan facility (the “National Properties Term Loan Facility”). The proceeds of the National Properties Term Loan Facility may be used to fund working capital needs, for general corporate purposes of MSG National Properties and its subsidiaries, and to make distributions to MSG Entertainment Group. The National Properties Term Loan Facility includes a minimum liquidity covenant, pursuant to which MSG National Properties and its restricted subsidiaries are required to maintain a specified minimum level of average daily liquidity, consisting of cash and cash equivalents and available revolving commitments, over the last month of each quarter. From the closing date until the first anniversary of the National Properties Term Loan Facility, the minimum liquidity threshold is $450,000, which is reduced each quarter by the amount of cash usage, subject to a minimum liquidity floor of $200,000. After the first anniversary, the minimum liquidity level is reduced to $200,000. If at any time the total leverage ratio of MSG National Properties and its restricted subsidiaries is less than 5.00 to 1.00 as of the end of any four consecutive fiscal quarter periods or MSG National Properties obtains an investment grade rating, the minimum liquidity level is permanently reduced to $50,000. Subject to customary notice and minimum amount conditions, the Company may voluntarily prepay outstanding loans under the National Properties Term Loan Facility at any time, in whole or in part (subject to customary breakage costs with respect to LIBOR loans) subject to a prepayment premium equal to (i) for the initial 18 month period following the facility’s effective date, 2.0% of the principal amount prepaid plus 18-month The principal obligations under the National Properties Term Loan Facility are to be repaid in quarterly installments in an aggregate amount equal to 1.00% per annum (0.25% per quarter), with the balance due at the maturity of the facility. The National Properties Term Loan Facility will mature on November 12, 2025. Borrowings under the National Properties Term Loan Facility bear interest at a floating rate, which at the option of MSG National Properties may be either (i) a base rate plus a margin of 5.25% per annum or (ii) LIBOR, with a floor of 0.75%, plus a margin of 6.25% per annum. The interest rate on the National Properties Term Loan Facility as of June 30, 2021 was 7.00%. All obligations under the National Properties Term Loan Facility are guaranteed by MSG Entertainment Group and MSG National Properties’ existing and future direct and indirect domestic subsidiaries, other than the subsidiaries that own The Garden, BCE and certain other excluded subsidiaries (the “Subsidiary Guarantors”). All obligations under the National Properties Term Loan Facility, including the guarantees of those obligations, are secured by certain of the assets of MSG National Properties and the Subsidiary Guarantors (collectively, “Collateral”) including, but not limited to, a pledge of some or all of the equity interests held directly or indirectly by MSG National Properties in each Subsidiary Guarantor. The Collateral does not include, among other things, any interests in The Garden or the leasehold interests in Radio City Music Hall and the Beacon Theatre. Under certain circumstances, MSG National Properties is required to make mandatory prepayments on loans outstanding, including prepayments in an amount equal to a specified percentage of excess cash flow in any fiscal year and prepayments in an amount equal to the net cash proceeds of certain sales of assets or casualty insurance and/or condemnation recoveries (subject to certain reinvestment, repair or replacement rights), in each case subject to certain exceptions. In addition to the minimum liquidity covenant, the National Properties Term Loan Facility and the related security agreement contain certain customary representations and warranties, affirmative and negative covenants and events of default. The National Properties Term Loan Facility contains certain restrictions on the ability of MSG National Properties and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the National Properties Term Loan Facility, including the following: (i) incur additional indebtedness; (ii) create liens on certain assets; (iii) make investments, loans or advances in or to other persons; (iv) pay dividends and distributions or repurchase capital stock (which will restrict the ability of MSG National Properties to make cash distributions to the Company); (v) repay, redeem or repurchase certain indebtedness; (vi) change its lines of business; (vii) engage in certain transactions with affiliates; (viii) amend their respective organizational documents; (ix) merge or consolidate; and (x) make certain dispositions. As of June 30, 2021, MSG National Properties and its restricted subsidiaries were in compliance with the covenants of the National Properties Term Loan 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. Together the Tao Senior Credit Agreement and a $49,000 intercompany subordinated credit agreement that matures in August 2024 (the “Tao Subordinated Credit Agreement”) between a subsidiary of the Company and Tao Group Sub-Holdings Consolidation In connection with the early termination of the 2017 Tao Credit Agreement, the Company recorded $3,977 of loss on extinguishment of debt in the fourth quarter of Fiscal Year 2019, which is reported as Miscellaneous income (expense) in the accompanying combined statement of operations for the year ended June 30, 2019. The loss on extinguishment of debt consisted of a write-off 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 and in respect of a certain reserve account, each as discussed below). The Tao Senior Credit Agreement requires TAOIH 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. On August 6, 2020, TAOG and TAOIH entered into an amendment to the Tao Senior Credit Agreement, which suspended the application of the financial maintenance covenants thereunder, modified certain restrictive covenants therein through December 31, 2021, modified the applicable interest rates and increased the minimum liquidity requirement for the outstanding balance of $33,750 under the Tao Term Loan Facility and for the $25,000 availability under the Tao Revolving Credit Facility. In addition, in connection with the amendment, the Company, through its direct wholly owned subsidiary, MSG Entertainment Group, entered into a guarantee and reserve account agreement (i) to guarantee the obligations of TAOG under the Tao Senior Credit Agreement, (ii) to establish and grant a security interest in a reserve account that initially held a deposit of approximately $9,800 and (iii) with a covenant to maintain a minimum liquidity requirement of no less than $75,000 at all times. The balance held in the reserve account was approximately $4,800 as of June 30, 2021. As of June 30, 2021, TAOG, TAOIH and the restricted subsidiaries were in compliance with the covenants of the Tao Senior Credit Agreement. All obligations under the Tao Senior Credit Agreement are guaranteed by MSG Entertainment Group, 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 the reserve account noted above and substantially all of the assets of TAOG and each Tao 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”), provided that through December 31, 2021, the additional rate used in calculating the floating rate is (i) 1.50% per annum for borrowings bearing the Base Rate, and (ii) 2.50% per annum for borrowings bearing 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 June 30, 2021 was 2.60%. There was $15,000 and zero borrowings outstanding under the Tao Revolving Credit Facility as of June 30, 2021 and 2020, respectively. During the year ended June 30, 2021, Tao Group Hospitality utilized $750 of the Tao Revolving Credit Facility for issuance of letters of credit and the remaining borrowing available as of June 30, 2021 was $9,250. In addition to the financial covenants described above, the Tao Senior Credit Agreement and the 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, 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 of 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. Principal Repayments Long-term debt maturities over the next five years for the outstanding balance under the Tao Term Loan Facility (a) Tao Term Loan National Total Fiscal year ending June 30, 2022 $ 6,250 $ 6,500 $ 12,750 Fiscal year ending June 30, 2023 10,000 6,500 16,500 Fiscal year ending June 30, 2024 (a) 27,500 6,500 34,000 Fiscal year ending June 30, 2025 — 6,500 6,500 Fiscal year ending June 30, 2026 — 620,750 620,750 Thereafter — — — $43,750 $646,750 $690,500 (a) Repayment balance for the fiscal year ending June 30, 2024 includes the $15,000 borrowing outstanding under the Tao Revolving Credit Facility as of June 30, 2021. Deferred Financing Costs In connection with the National Properties Term Loan Facility, the Company incurred a $19,500 original issue discount and $14,417 of issuance costs (collectively, “deferred financing costs”). The deferred financing costs are amortized, as interest expense, over the term of the National Properties Term Loan Facility on a straight-line basis, which approximates the effective interest method. The following table summarizes the presentation of the outstanding balances under the Tao Term Loan Facility, the Tao Revolving Credit Facility and the National Properties Term Loan Facility, as well as the related deferred financing costs in the accompanying consolidated balance sheets as of June 30, 2021 and 2020.​​​​​​​​​​​​​​ June 30, 2021 June 30, 2020 Principal Unamortized Net (a) Principal Unamortized Net (a) Current portion National Properties Term Loan Facility $ 6,500 $ (6,783 ) $ (283 ) $ — $ — $ — Tao Term Loan Facility 6,250 (239 ) 6,011 5,000 (208 ) 4,792 Current portion of long-term debt, net of deferred financing costs (a) $ 12,750 $ (7,022 ) $ 5,728 $ 5,000 $ (208 ) $ 4,792 June 30, 2021 June 30, 2020 Principal Unamortized Net (a) Principal Unamortized Net (a) Noncurrent portion National Properties Term Loan Facility (a) $ 640,250 $ (22,819 ) $ 617,431 $ — $ — $ — Tao Term Loan Facility 22,500 (475 ) 22,025 28,750 (624 ) 28,126 Tao Revolving Credit Facility (b) 15,000 — 15,000 — — — Long-term debt, net of deferred financing costs (a) $ 677,750 $ (23,294 ) $ 654,456 $ 28,750 $ (624 ) $ 28,126 (a) In addition to the outstanding balance associated with the Tao Term Loan Facility, the Tao Revolving Credit Facility and the National Properties Term Loan Facility disclosed above, the Company’ s Long-term debt, net of deferred financing costs in the accompanying consolidated balance sheet of $655,093 as of June 30, 2021 included $637 of the note with respect to a loan received by BCE from its noncontrolling interest holder that is due in April 2023. (b) Unamortized deferred financing costs associated with Tao Revolving Credit Facility are presented under the captions Other current assets and Other assets in the accompanying consolidated balance sheets: June 30, June 30, Other current assets $ 108 $ 85 Other assets 207 248 Supplemental cash flows information During the years ended June 30, 2021, 2020 and 2019, interest payments and loan principal repayments made by the Company under the Tao Senior Credit Agreement for term loan and revolving credit facilities and National Properties Term Loan Facility were as follows: Interest Payments Loan Principal Repayments Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 National Properties Term Loan Facility $ 22,879 $ — $ — $ 3,250 $ — $ — Tao Senior Credit Agreement 1,128 1,817 13,084 5,000 21,250 109,312 $ 24,007 $ 1,817 $ 13,084 $ 8,250 $ 21,250 $ 109,312

Pension Plans and Other Postret

Pension Plans and Other Postretirement Benefit Plan	12 Months Ended
	Jun. 30, 2021
Retirement Benefits [Abstract]
Pension Plans And Other Postretirement Benefit Plan	Note 15. Pension Plans and Other Postretirement Benefit Plan Defined Benefit Pension Plans and Postretirement Benefit Plans The Company sponsors a non-contributory, non-union non-contributory, non-qualified non-contributory non-union The Company also sponsors an unfunded non-contributory, non-qualified The Cash Balance Plans were amended to freeze participation and future benefit accruals effective December 31, 2015 for all employees. Therefore, after December 31, 2015, no employee of the Company or MSG Sports who was not already a participant may become a participant in the plans and no further annual pay credits will be made for any future year. Existing account balances under the plans will continue to be credited with monthly interest in accordance with the terms of the plans. Lastly, the Company sponsors a non-contributory, The Cash Balance Plans, Union Plan, and Excess Plan are collectively referred to as the “Pension Plans.” The Company also sponsors a contributory welfare plan which provides certain postretirement healthcare benefits to certain employees hired prior to January 1, 2001 who are eligible to commence receipt of early or normal benefits under the Cash Balance Pension Plan and their dependents, as well as certain union employees (“Postretirement Plan”). For purposes of the combined financial statements it was determined that the Company was the obligor for these plans’ liabilities for the historical periods presented herein. Therefore, the combined financial statements reflect the full impact of the Shared Plans and Direct Plan on both the combined statements of operations and combined balance sheets. The pension expense related to employees of MSG Sports participating in any of these plans is reflected as a contributory charge from the Company to MSG Sports, resulting in a decrease to the expense recognized in the consolidated and combined statements of operations. The following table summarizes the projected benefit obligations, assets, funded status and the amounts recorded on the Company’s consolidated and combined balance sheets as of June 30, 2021 and 2020, associated with the Pension Plans and Postretirement Plan based upon actuarial valuations as of those measurement dates. Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Change in benefit obligation: Benefit obligation at beginning of period $ 174,892 $ 173,569 $ 3,658 $ 4,307 Service cost 96 95 47 56 Interest cost 3,385 5,261 45 108 Actuarial loss (gain) 1,981 12,670 (76 ) 277 Benefits paid (4,410 ) (6,698 ) (390 ) (1,090 ) Curtailments (91 ) — — — Plan settlements paid (3,777 ) (551 ) — — Other (177 ) (74 ) (66 ) — Transfer of liabilities (a) — (9,380 ) — — Benefit obligation at end of period 171,899 174,892 3,218 3,658 Change in plan assets: Fair value of plan assets at beginning of period 151,756 132,965 — — Actual return on plan assets 1,969 18,221 — — Employer contributions 60 7,260 — — Benefits paid (4,409 ) (6,690 ) — — Plan settlements paid (3,724 ) — — — Fair value of plan assets at end of period 145,652 151,756 — — Funded status at end of period $ (26,247 ) $ (23,136 ) $ (3,218 ) $ (3,658 ) (a) Represents the benefit obligation related to the MSG Sports Non-Qualified In Fiscal Year 2021 and Fiscal Year 2020, the actuarial losses on the benefit obligations were primarily due to a net decrease in discount and interest crediting rate. Amounts recognized in the consolidated and combined balance sheets as of June 30, 2021 and 2020 consist of: Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Current liabilities (included in accrued employee related costs) $ (260 ) $ (331 ) $ (369 ) $ (331 ) Non-current (25,987 ) (22,805 ) (2,849 ) (3,327 ) $ (26,247 ) $ (23,136 ) $ (3,218 ) $ (3,658 ) Accumulated other comprehensive loss, before income tax, as of June 30, 2021 and 2020 consists of the following amounts that have not yet been recognized in net periodic benefit cost: Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Actuarial loss $ (39,957 ) $ (36,704 ) $ (786 ) $ (1,025 ) The following table presents components of net periodic benefit cost for the Pension Plans and Postretirement Plan included in the accompanying consolidated and combined statements of operations for the years ended June 30, 2021, 2020 and 2019. 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 (expense), net. Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 Service cost $ 96 $ 95 $ 91 $ 47 $ 56 $ 57 Interest cost 3,385 5,261 5,895 45 108 150 Expected return on plan assets (5,232 ) (5,319 ) (3,133 ) — — — Recognized actuarial loss 1,093 1,336 1,281 98 6 5 Amortization of unrecognized prior service cost (credit) — — — — — (7 ) Settlement loss recognized (a) 870 67 52 — — — Other — — — — — (1,513 ) Net periodic benefit cost $ 212 $ 1,440 $ 4,186 $ 190 $ 170 $ (1,308 ) Contributory charge to Madison Square Garden Sports Corp. for participation in the Shared Plans and all allocation of costs related to the corporate employees — (173 ) (692 ) — (26 ) 231 Net periodic benefit cost reported in the consolidated and combined statements of operations $ 212 $ 1,267 $ 3,494 $ 190 $ 144 $ (1,077 ) (a) For Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, lump-sum non-qualified Other pre-tax Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 Actuarial gain (loss), net $ (5,244 ) $ 232 $ (3,137 ) $ 76 $ (277 ) $ 572 Recognized actuarial loss 1,093 1,336 1,281 98 6 5 Recognized prior service credit — — — — — (7 ) Curtailments 91 — — 65 — — Settlement loss recognized 870 67 52 — — — Total recognized in other comprehensive income (loss) $ (3,190 ) $ 1,635 $ (1,804 ) $ 239 $ (271 ) $ 570 Funded Status The accumulated benefit obligation for the Pension Plans aggregated to $171,897 and $174,775 at June 30, 2021 and 2020, respectively. As of June 30, 2021 and 2020, each of the Pension Plans had accumulated benefit obligations and projected benefit obligations in excess of plan assets. Pension Plans and Postretirement Plan Assumptions Weighted-average assumptions used to determine benefit obligations (made at the end of the period) as of June 30, 2021 and 2020 are as follows: Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Discount rate 2.87 % 3.21 % 2.17 % 2.09 % Interest crediting rate 2.32 % 1.37 % n/a n/a Healthcare cost trend rate assumed for next year n/a n/a 6.25 % 6.50 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) n/a n/a 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate n/a n/a 2027 2027 Weighted-average assumptions used to determine net periodic benefit cost (made at the beginning of the period) for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019 are as follows: Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 Discount rate—projected benefit obligation 2.84 % 3.58 % 4.19 % 2.09 % 3.18 % 4.06 % Discount rate—service cost 3.20 % 3.78 % 4.25 % 2.15 % 3.45 % 4.25 % Discount rate—interest cost 1.92 % 3.21 % 3.90 % 1.23 % 2.84 % 3.67 % Expected long-term return on plan assets 4.02 % 5.28 % 3.72 % n/a n/a n/a Interest crediting rate 1.37 % 3.28 % 2.82 % n/a n/a n/a Healthcare cost trend rate assumed for next year n/a n/a n/a 6.50 % 6.75 % 7.00 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) n/a n/a n/a 5.00 % 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate n/a n/a n/a 2027 2027 2027 The discount rates were determined (based on the expected duration of the benefit payments for the plans) from the Willis Towers Watson U.S. Rate Link: 40-90 Plan Assets and Investment Policy The weighted-average asset allocation of the Pension Plans’ assets at June 30, 2021 and 2020 was as follows: June 30, Asset Classes (a) : 2021 2020 Fixed income securities 98 % 99 % Cash equivalents 2 % 1 % 100% 100% (a) The Company’s target allocation for pension plan assets is 99% fixed income securities and 1% cash equivalents as of June 30, 2021. Investment allocation decisions have been made by the Company’s Investment and Benefits Committee, which considers investment advice provided by the Company’s external investment consultant. The investment consultant takes into account expected long-term risks, returns, correlation, and other prudent investment assumptions when recommending asset classes and investment managers to the Company’s Investment and Benefits Committee. The investment consultant also considers the pension plans’ liabilities when making investment allocation recommendations. The Company’s Investment and Benefits Committee’s decisions are influenced by asset/liability studies conducted by the external investment consultant who combines actuarial considerations and strategic investment advice. The major investment categories of the pension plan assets are in cash equivalents and long duration fixed income securities that are marked-to-market non-government Investments at Estimated Fair Value The cumulative fair values of the individual plan assets at June 30, 2021 and 2020 by asset class are as follows: Fair Value June 30, 2021 2020 Fixed income securities: U.S. Treasury securities (a) I $ — $ 3,825 U.S. corporate bonds (b) II 100,229 110,542 Foreign issues (c) II 20,119 13,764 Municipal bonds (d) II 3,880 4,146 Money market accounts (e) I 2,753 1,329 Common collective trust (f) II 18,669 18,150 Total investments measured at fair value $ 145,650 $ 151,756 (a) U.S. Treasury Securities 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. (b) U.S. corporate bonds are classified within Level II of the fair value hierarchy as they are valued using quoted prices for similar assets in active markets, quoted prices for identical or similar assets in markets that are not active and evaluations based on various market and industry inputs. (c) Foreign issued corporate bonds are classified within Level II of the fair value hierarchy as they are valued at a price that is based on a compilation of primarily observable market information or a broker quote in a non-active over-the-counter (d) Municipal bonds are classified within Level II of the fair value hierarchy as they are valued at a price that is based on a compilation of primarily observable market information or a broker quote in a non-active over-the-counter (e) Money market fund is 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. (f) Common collective trust (CCT) is classified within Level II of the fair value hierarchy at its net asset value (NAV) as reported by the Trustee. The NAV is based on the fair value of the underlying investments held by the fund less its liabilities. The CCT publishes its daily NAV and uses such value as the basis for current transactions. Contributions for Qualified Defined Benefit Pension Plans During Fiscal Year 2021, the Company did not contribute to the Cash Balance Pension Plan and contributed $60 to the Union Plan. The Company does not expect to contribute to the Cash Balance Pension Plan and expects to contribute $400 to Union Plan in Fiscal Year 2022. Estimated Future Benefit Payments The following table presents estimated future fiscal year benefit payments for the Pension Plans and Postretirement Plan: Pension Plans Postretirement Plan Fiscal year ending June 30, 2022 $ 11,927 $ 369 Fiscal year ending June 30, 2023 8,305 349 Fiscal year ending June 30, 2024 7,904 319 Fiscal year ending June 30, 2025 7,977 332 Fiscal year ending June 30, 2026 8,540 322 Fiscal years ending June 30, 2027 – 2031 43,320 1,054 Defined Contribution Pension Plans The Company sponsors The Madison Square Garden 401(k) Savings Plan (the “401(k) Plan”) and the MSG S&E, LLC Excess Savings Plan (collectively referred to as the “Savings Plans”). The 401(k) Plan is a multiple employer plan. For the years ended June 30, 2021, 2020 and 2019, expenses related to the Savings Plans, excluding expenses related to MSG Sports employees, that are included in the accompanying combined statements of operations were $4,189, $5,521 and $8,372, respectively. These amounts include $1,240 and $3,300 of expenses related to Company’s corporate employees which were allocated to MSG Sports during the years ended June 30, 2020 and 2019, respectively. In addition, the Company sponsors The Madison Square Garden 401(k) Union Plan (the “Union Savings Plan”). The Union Savings Plan is a multiple employer plan. For the years ended June 30, 2021, 2020 and 2019, expenses related to the Union Savings Plan included in the accompanying consolidated and combined statements of operations were $215, $539 and $521, respectively. Multiemployer Plans The Company contributes to a number of multiemployer defined benefit pension plans, multiemployer defined contribution pension plans, and multiemployer health and welfare plans that provide benefits to retired union-represented employees under the terms of collective bargaining agreements (“CBAs”). Multiemployer Defined Benefit Pension Plans The multiemployer defined benefit pension plans to which the Company contributes generally provide for retirement and death benefits for eligible union-represented employees based on specific eligibility/participant requirements, vesting periods and benefit formulas. The risks to the Company of participating in these multiemployer defined benefit pension plans are different from single-employer defined benefit pension plans in the following aspects: • Assets contributed to a multiemployer defined benefit pension plan by one employer may be used to provide benefits to employees of other participating employers. • If a participating employer stops contributing to a multiemployer defined benefit pension plan, the unfunded obligations of the plan may be borne by the remaining participating employers. • If the Company chooses to stop participating in some of these multiemployer defined benefit pension plans, the Company may be required to pay those plans an amount based on the Company’s proportion of the underfunded status of the plan, referred to as a withdrawal liability. However, cessation of participation in a multiemployer defined benefit pension plan and subsequent payment of any withdrawal liability is subject to the collective bargaining process. The following table outlines the Company’s participation in multiemployer defined benefit pension plans for the years ended June 30, 2021, 2020 and 2019, and summarizes the contributions that the Company has made during each period. The “EIN” and “Pension Plan Number” columns provide the Employer Identification Number and the three-digit plan number for each applicable plan. The most recent Pension Protection Act zone status available as of June 30, 2021 and 2020 relates to the plan’s two most recent years ended which are indicated. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The “FIP/RP Status Pending/Implemented” column indicates whether a funding improvement plan (“FIP”) for yellow/orange zone plans or a rehabilitation plan (“RP”) for red zone plans is either pending or has been implemented by the trustees of such plan. The zone status and any FIP or RP information is based on information that the Company received from the plan, and the zone status is as certified by the plan’s actuary. The last column lists the expiration date(s) or a range of expiration dates of the CBA to which the plans are subject. There are no other significant changes that affect such comparability. PPA Zone Status Company Contributions As of June 30, Years Ended June 30, Plan Name EIN Pension 2021 2020 FIP/RP 2021 2020 2019 Surcharge Expiration Date of CBA Pension Fund of Local No. 1 of I.A.T.S.E. 136414973 001 Gree as of 2020-12-31 Gree as of 2019-12-31 N $ 194 $ 1,831 $ 2,529 N 6/30/2021 - 5/1/2023 All Other Multiemployer Defined Benefit Pension Plans 584 3,137 3,234 $ 778 $ 4,968 $ 5,763 The Company was listed in the following plans’ Form 5500’s as providing more than 5 percent of the total contributions for the following plans and plan years: Fund Name Exceeded 5 Year Contributions to Plan Exceeded 5 Percent of Total Contributions (As of Plan’s Year-End) Pension Fund of Local No. 1 of I.A.T.S.E True December 31, 2019, 2018 and 2017 32BJ/Broadway League Pension Fund True December 31, 2019, 2018 and 2017 Treasurers and Ticket Sellers Local 751 Pension Fund True August 31, 2020, 2019 and 2018 Multiemployer Defined Contribution Pension Plans The Company contributed $723, $5,258 and $6,699 for the years ended June 30, 2021, 2020 and 2019, respectively, to multiemployer defined contribution pension plans.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Share-based Compensation	Note 16. Share-based Compensation Effective as of the Entertainment Distribution, the Company adopted two share-based compensation plans: the 2020 Employee Stock Plan (the “Employee Stock Plan”) and the 2020 Stock Plan for Non-Employee “Non-Employee non-qualified Company may grant awards for up to 3,000 shares of MSG Entertainment Class A Common Stock (subject to certain adjustments). Options and stock appreciation rights under the Employee Stock Plan must be granted with an exercise price of not less than the fair market value of a share of the Company’s Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant (or up to one additional year in the case of the death of a holder). The terms and conditions of awards granted under the Employee Stock Plan, including vesting and exercisability, were determined by the Compensation Committee of the Board of Directors (“Compensation Committee”) and included terms or conditions based upon performance criteria. RSUs that were awarded by the Company to its employees will settle in shares of the Company’s Class A Common Stock (either from treasury or with newly issued shares), or, at the option of the Compensation Committee, in cash. Under the Non-Employee non-qualified Non-Employee Non-Employee Treatment After the Distribution of Share-based Payment Awards Initially Granted Under MSG Sports Equity Award Programs Prior to the Entertainment Distribution, certain employees and the non-employee non-employee one-to-one pre-Distribution Further, in connection with the Entertainment Distribution, each holder of an MSG Sports director restricted stock unit received one share of our Class A Common Stock in respect of every one MSG Sports restricted stock unit owned on the Record Date and continue to be entitled to a share of MSG Sports Class A common stock (or cash or other property) in accordance with the MSG Sports award agreement. Share-based Compensation Expense Share-based compensation expense is generally recognized straight-line over the vesting term of the award, which typically provides for three-year cliff or graded vesting subject to continued employment. For awards that are graded vesting and subject to performance conditions, in addition to continued employment, the Company uses the graded-vesting method to recognize share-based compensation expense. The Company’s RSUs/PSUs and/or stock options held by individuals who are solely MSG Sports employees will not be expensed by the Company; however, such RSUs/PSUs and/or stock options do have a dilutive effect on earnings (loss) per share available to the Company’s common stockholders. Share-based compensation expense was recognized in the consolidated and combined statements of operations as a component of direct operating expenses or selling, general and administrative expenses. The following table presents the share-based compensation expense recorded during Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019.​​​​​​​ Years Ended June 30, 2021 (b) 2020 2019 Nonperformance and performance based RSUs $ 40,195 $ 36,811 $ 31,509 Stock options (c) 12,722 5,379 3,892 Total share-based compensation expense (a) $ 52,917 $ 42,190 $ 35,401 (a) The share-based compensation expense reported above includes expense associated with MSG Sports’ RSUs and stock options granted to the Company’s employees prior to the Entertainment Distribution. (b) The Company recorded previously unrecognized share-based compensation expense of $11,129 for Fiscal Year 2021 associated with the cancellation of certain awards pursuant to a settlement agreement related to an executive. (c) Included $2,348 and $489 in accretion of put options within the Tao Group Hospitality reportable segment during Fiscal Year 2021 and Fiscal Year 2020, respectively. As of June 30, 2021, there was $63,377 of unrecognized compensation cost related to unvested RSUs and PSUs held by the Company’s employees. The cost is expected to be recognized over a weighted-average period of approximately 1.6 years for unvested RSUs and PSUs. For Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, the Company capitalized $5,467, $5,051 and $3,946 of share-based compensation expense, respectively. Restricted Stock Units Award Activity The following table summarizes activity related to the Company’s RSUs for Fiscal Year 2021: Number of Weighted- Fair Value Per Share At Date of Grant Nonperformance Based Vesting RSUs (In Thousands) Performance Based Vesting RSUs (In Thousands) Unvested award balance as of June 30, 2020 277 328 $ 75.34 Granted 424 343 $ 72.81 Vested (156 ) (106 ) $ 70.84 Forfeited (48 ) (54 ) $ 72.46 Cancelled — (32 ) $ 88.58 Unvested award balance as of June 30, 2021 497 479 $ 74.42 The fair value of RSUs and PSUs that vested and were distributed during Fiscal Year 2021 was $20,251. Upon delivery, RSUs granted under the MSG Sports Stock Plans were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ statutory minimum tax withholding obligations for the applicable income and other employment taxes, 82 of these RSUs, with an aggregate value of $6,060 were retained by the Company during Fiscal Year 2021, of which 8 of these RSUs, with an aggregate value of $575, were related to MSG Sports employees. Stock Options Award Activity The following table summarizes activity related to the Company’s stock options for the year ending June 30, 2021: Number of Time Vesting (In Thousands) Weighted- Weighted-Average Aggregate Balance as of June 30, 2020 543 $ 99.68 Cancelled (449 ) $ 107.07 Balance as of June 30, 2021 94 $ 64.36 6.46 $ 1,840 Exercisable as of June 30, 2021 94 $ 64.36 6.46 $ 1,840

Stock Repurchase Program

Stock Repurchase Program	12 Months Ended
	Jun. 30, 2021
Stock Repurchase Program [Abstract]
Stock Repurchase Program	Note 17. Stock Repurchase Program On March 31, 2020, the Company’s Board of Directors authorized the repurchase of up to $350,000 of the Company’s Class A Common Stock once the shares of the Company’s Class A Common Stock began “regular way” trading on April 20, 2020. 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. The Company has not engaged in any share repurchase activities under its share repurchase program to date.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Jun. 30, 2021
Stockholders' Equity Note [Abstract]
Accumulated Other Comprehensive Loss	Note 18. Accumulated Other Comprehensive Loss The following table details the components of accumulated other comprehensive loss: Pension Plans and Postretirement Plan Cumulative Accumulated Other Comprehensive Loss Balance as of June 30, 2020 $ (39,322 ) $ (12,535 ) $ (51,857 ) Other comprehensive income (loss): Other comprehensive loss before reclassifications — 27,688 27,688 Amounts reclassified from accumulated other comprehensive loss (a) (2,951 ) — (2,951 ) Other comprehensive income (loss), total (2,951 ) 27,688 24,737 Balance as of June 30, 2021 $ (42,273 ) $ 15,153 $ (27,120 ) Pension Plans and Postretirement Plan Cumulative Accumulated Other Comprehensive Loss Balance as of June 30, 2019 $ (42,080 ) $ (4,843 ) $ (46,923 ) Other comprehensive income (loss): Other comprehensive loss before reclassifications (45 ) (7,692 ) (7,737 ) Amounts reclassified from accumulated other comprehensive loss (a) 1,409 — 1,409 Other comprehensive income (loss), total 1,364 (7,692 ) (6,328 ) Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Entertainment Distribution 1,394 — 1,394 Balance as of June 30, 2020 $ (39,322 ) $ (12,535 ) $ (51,857 ) Pension Plans and Postretirement Plan Cumulative Unrealized Gain Available-for-sale Securities (b) Accumulated Other Comprehensive Loss Balance as of June 30, 2018 $ (40,846 ) $ (502 ) $ (5,570 ) $ (46,918 ) Reclassification of unrealized loss on available-for — — 5,570 5,570 Other comprehensive loss: Other comprehensive loss before reclassifications (2,565 ) (4,341 ) — (6,906 ) Amounts reclassified from accumulated other comprehensive loss (a) 1,331 — — 1,331 Other comprehensive loss, total (1,234 ) (4,341 ) — (5,575 ) Balance as of June 30, 2019 $ (42,080 ) $ (4,843 ) $ — $ (46,923 ) (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 (expense), net in the accompanying consolidated and combined statements of operations (see Note 15). (b) As of July 1, 2018, upon adoption of ASU No. 2016-01, pre-tax

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 19. Income Taxes For the periods prior to the Entertainment Distribution, the Company did not file separate tax returns as the Company was included in the tax grouping of other MSG Sports entities within the respective entity’s tax jurisdiction. The income tax provision included in these periods has been calculated using the separate return basis, as if the Company filed a separate tax return. Income tax expense (benefit) is comprised of the following components: Years Ended June 30, 2021 2020 2019 Current expense (benefit): Federal $ (6,400 ) $ 8,558 $ — State and other (2,491 ) 7,009 814 (8,891) 15,567 814 Deferred expense (benefit): Federal (627 ) (6,083 ) (350 ) State and other 147 (4,438 ) (21 ) (480) (10,521) (371) Income tax expense (benefit) $ (9,371 ) $ 5,046 $ 443 The income tax expense (benefit) differs from the amount derived by applying the statutory federal rate to pre Years Ended June 30, 2021 2020 2019 Federal tax expense (benefit) at statutory federal rate $ (85,036 ) $ (1,592 ) $ (4,204 ) State income taxes, net of federal benefit (40,546 ) 4,259 1,996 Change in the estimated applicable tax rate used to determine deferred taxes (3,368 ) 1,237 (454 ) Nondeductible transaction costs — 6,961 — Federal tax credits — (1,480 ) (1,900 ) GAAP income of consolidated partnership attributable to non-controlling 3,857 6,701 2,571 Tax effect of indefinite intangible amortization 1,072 993 449 Change in valuation allowance 109,588 (14,895 ) (3,148 ) Nondeductible officers’ compensation (a) 5,311 4,407 7,655 Nondeductible expenses 409 690 809 Excess tax benefit related to shared based-payments awards (1,066 ) (2,276 ) (3,376 ) Other 408 41 45 Income tax expense (benefit) $ (9,371 ) $ 5,046 $ 443 (a) The Tax Cuts and Jobs Act, enacted on December 22, 2017, included changes to Internal Revenue Code Section 162(m), including elimination of the exception for qualified performance-based compensation over the $1,000 annual limit. Accordingly, effective January 1, 2018, all compensation for certain officers in excess of $1,000 is generally nondeductible. The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and liabilities at June 30, 2021 and 2020 are as follows: June 30, 2021 2020 Deferred tax asset: Net operating loss (“NOL”) carryforwards $ 166,420 $ 1,575 Tax credit carryforwards 532 532 Accrued employee benefits 24,825 26,538 Restricted stock units and stock options 12,527 14,267 Deferred revenue 42,616 45,050 Right-of-use 8,234 — Investments 63,639 39,737 Other — 1,062 Total deferred tax assets $ 318,793 $ 128,761 Less valuation allowance (145,178 ) (29,952 ) Net deferred tax assets $ 173,615 $ 98,809 Deferred tax liabilities: Intangible and other assets $ (38,578 ) $ (39,893 ) Property and equipment (124,864 ) (59,077 ) Prepaid expenses (4,355 ) (7,595 ) Capitalized interest related to MSG Sphere (16,408 ) (4,694 ) Other (1,382 ) — Total deferred tax liabilities $ (185,587 ) $ (111,259 ) Net deferred tax liability $ (11,972 ) $ (12,450 ) In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the utilization of its federal net operating loss carryforward and its future deductible temporary differences. As of June 30, 2021, based on current facts and circumstances, management believes that it is more likely than not that the Company will not realize the benefit for a portion of its deferred tax asset. Accordingly, a partial valuation allowance has been recorded as of June 30, 2021. However, the Company anticipates a full reversal of the valuation allowance in the first quarter of the fiscal year ended June 30, 2022 in connection with the Merger with MSG Networks, due primarily to the anticipated future taxable income of MSG Networks operations. The Company will continue to assess the realizability of its deferred tax assets on a quarterly basis. The NOL carryforwards as of June 30, 2021 is approximately $505,000. The NOL is solely related to the current fiscal year and has an unlimited carryforward period. The Company’s historical combined financial statements for periods prior to the Entertainment Distribution reflect NOLs and tax credits calculated on a separate return basis. These NOL carryforwards were calculated as if the Company operated as a separate stand-alone entity. Because the Entertainment Distribution involved a spin-off Prior to the Entertainment Distribution, the Company’s collection for ticket sales, sponsorships and suite rentals in advance were recorded as deferred revenue and were recognized as revenues when earned for both accounting and tax purposes. The tax recognition on most of these deferred revenues was accelerated to the date of the Entertainment Distribution and is the responsibility of MSG Sports. The Company will not reimburse MSG Sports for such taxes. As of June 30, 2021, the Company has a deferred tax asset of $42,616 with regard to the deferred revenue acceleration. The remaining tax deduction will be recorded as deferred revenue that was accelerated for tax purposes on April 17, 2020 is earned as the associated events occur or upon payment of refunds. Prior to the Entertainment Distribution, the Company and MSG Sports entered into a Tax Disaffiliation Agreement (“TDA”) that governs the parties’ respective rights, responsibilities and obligations with respect to taxes and tax benefits. Under the TDA, MSG Sports will generally be responsible for all U.S. federal, state, local and other applicable income taxes of the Company for any taxable period or portion of such period ending on or before the Entertainment Distribution Date. The Company does not have any recorded tax benefit for uncertain tax positions as of June 30, 2021 and 2020.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Note 20. Related Party Transactions As of July 31, 2021, following the Company’s acquisition of MSG Networks, members of the Dolan family including trusts for member 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 owned all of the Company’s outstanding Class B Common Stock and approximately 5.1% of the Company’s outstanding Class A Common Stock (inclusive of options exercisable and RSUs vesting within 60 days of July 31, 2021). Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 72.8% of the aggregate voting power of Company’s outstanding common stock. Members of the Dolan family are also the controlling stockholders of MSG Sports and AMC Networks Inc. (“AMC Networks”). Prior to the Merger, members of the Dolan family were also the controlling stockholder of MSG Networks. Current Related Party Arrangements The Company is party to the following agreements and/or arrangements with MSG Sports: • Sponsorship sales and service representation agreements pursuant to which the Company has the exclusive right and obligation to sell MSG Sports’ sponsorships for an initial stated term of ten years for a commission; • A team sponsorship allocation agreement with MSG Sports, pursuant to which MSG Sports continues receiving an allocation of sponsorship and signage revenues associated with the sponsorship agreements that existed at the Entertainment Distribution Date; • Arena License Agreements pursuant to which the Company (i) provides MSG Sports the right to use The Garden for games of the Knicks and Rangers for a 35-year • A transition services agreement (the “TSA”) pursuant to which the Company provides certain corporate and other transition services to MSG Sports, such as information technology, accounting, accounts payable, payroll, tax, certain legal functions, human resources, insurance and risk management, government affairs, investor relations, corporate communications, benefit plan administration and reporting, and internal audit functions as well as certain marketing functions, in exchange for service fees. MSG Sports also provides certain transition services to the Company, in exchange for service fees. • A sublease agreement, pursuant to which the Company subleases office space to MSG Sports; • A group ticket sales representation agreement, pursuant to which the Company appointed MSG Sports as its sales and service representative to sell group ticket packages related Company events in exchange for a commission; • A single night rental commission agreement, pursuant to which MSG Sports may, from time to time, sell (or make referrals for sales of) licenses for the use of suites at The Garden for individual Company events in exchange for a commission; • Aircraft time sharing agreements (discussed below); and; • Other agreements with MSG Sports entered into in connection with the Entertainment Distribution such as a distribution agreement, a tax disaffiliation agreement, an employee matters agreement, a trademark license agreement and certain other arrangements. In addition, the Company has various agreements with MSG Networks (which is now a subsidiary of the Company following the completion of the Merger in July 2021). Following the Merger, the Company is assessing these agreements, and some may be revised or terminated. Agreements in place with MSG Networks for Fiscal Year 2021 include an advertising sales representation agreement, and a services agreement (the “MSG Networks Services Agreement”). Pursuant to the advertising sales representation agreement, the Company has the exclusive right and obligation to sell advertising on behalf of MSG Networks in exchange for a commission. In connection with the Merger with MSG Networks, these revenues will be eliminated retrospectively on a consolidated basis beginning Fiscal Year 2022. Pursuant to the MSG Networks Services Agreement, effective July 1, 2019, 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. MSG Networks also provides certain services to the Company, in exchange for service fees. Further, the Company shares certain executive support costs, including office space, executive assistants, security and transportation costs, for (i) the Company’s Executive Chairman and Chief Executive Officer with MSG Sports and MSG Networks, (ii) the Company’s President with MSG Sports, and (iii) the Company’s Vice Chairman with MSG Sports, MSG Networks and AMC Networks. The Company is a party to various aircraft arrangements. Pursuant to certain Aircraft Support Services Agreements (the “Support Agreements”), the Company provides certain aircraft support services to entities controlled by (i) James L. Dolan, the Company’s Executive Chairman, Chief Executive Officer and a director, (ii) Charles F. Dolan, a director, and certain of his children, who are siblings of James L. Dolan, 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, and (iii) Patrick F. Dolan, the son of Charles F. Dolan and brother of James L. Dolan. The Company entered into reciprocal time sharing/dry lease agreements with each of (i) Quart 2C, LLC (“Q2C”), a company controlled by James L. Dolan and Kristin A. Dolan, his spouse and a director of the Company, and (ii) Charles F. Dolan and Sterling2k LLC (collectively, “CFD”), an entity owned and controlled by Deborah Dolan-Sweeney, the daughter of Charles F. Dolan and the sister of James L. Dolan, 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, The Company is also party to 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 The Company and each of MSG Sports, MSG Networks and AMC Networks are party to certain aircraft time sharing agreements, pursuant to which the Company has agreed from time to time to make aircraft available to MSG Sports, MSG Networks and/or AMC Networks for lease on a “time sharing” basis. Additionally, the Company, MSG Sports, MSG Networks and AMC Networks have agreed on an allocation of the costs of certain aircraft and helicopter use by their 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. James L. Dolan, the Company’s Executive Chairman, Chief Executive Officer and a director, and his spouse, Kristin A. Dolan (a director of the Company), own 50% of 605, LLC. Kristin A. Dolan is also the founder and Chief Executive Officer 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 June 30, 2021 and 2020, BCE had $637 of notes payable with respect to a loan received by BCE from its noncontrolling interest holder. See Note 14 for further information. The Company has also entered into certain commercial agreements with its equity method investment nonconsolidated affiliates in connection with MSG Sphere. For Fiscal Year 2021 and Fiscal Year 2020, the Company recorded approximately $66,525 and $16,726, respectively, of capital expenditures in connection with services provided to the Company under these agreements. As of June 30, 2021 and 2020, accrued capital expenditures associated with related parties were approximately $7,000 and $2,000, respectively, and are reported under other accrued liabilities in the accompanying consolidated balance sheets Revenues and Operating Expenses The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. The significant components of these amounts are discussed below. These amounts are reflected in revenues and operating expenses in the accompanying consolidated and combined statements of operations for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019:​​​​​​​ Years Ended June 30, 2021 2020 2019 Revenues $ 49,969 $ 18,408 $ 18,259 Operating expenses (credits): Revenue sharing expenses $ 1,025 $ 110,002 $ 145,723 Allocation of charges for venue usage to MSG Sports — (46,072 ) (47,093 ) Reimbursement under Arena License Arrangement (8,776 ) — — Corporate general and administrative — credits with MSG Sports (36,502 ) (116,946 ) (116,551 ) Corporate general and administrative — credits with MSG Networks (9,616 ) (9,772 ) (10,362 ) Consulting fees 77 214 1,792 Advertising expenses — 506 1,037 Other operating expenses (credits), net 1,991 420 (198 ) Revenues Historically, revenues from related parties primarily consist of 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. In addition, amounts disclosed above for Fiscal Year 2021 include the Company’s revenues from Arena License Agreements (as discussed below), sponsorship sales and representation agreements with MSG Sports as well as sublease revenues. Substantially all of the sources of related party revenues are noted below. In connection with the Entertainment Distribution, the Company entered into Arena License Agreements with MSG Sports that, among other things, require the Knicks and the Rangers to play their home games at The Garden in exchange for fixed annual license fees scheduled to be paid monthly over the term of the agreements. The Company accounts for these license fees as operating lease revenue given that the Company provides MSG Sports with the right to direct the use of and obtain substantially all of the economic benefit from The Garden during Knicks and Rangers home games, as further detailed in Note 10. The Arena License Agreements provide that license fees are not required to be paid by MSG Sports during periods when The Garden is unavailable for use due to a force majeure event. As a result of government-mandated suspension of events at The Garden due to the impact of the COVID-19 In addition, the Company recorded revenues under sponsorship sales and service representation agreements with MSG Sports of $13,584 for Fiscal Year 2021. Revenues under the advertising sales representation agreement with MSG Networks for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019 were $13,699, $12,653, and $14,913, respectively. In connection with the Merger with MSG Networks, these revenues will be eliminated retrospectively on a consolidated basis beginning Fiscal Year 2022. The Company also earned $2,450 of sublease revenue from related parties during Fiscal Year 2021. These related party revenues were partially offset by approximately $1,134 of merchandise revenue sharing with MSG Sports for Fiscal Year 2021. In addition, 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 its 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. Revenue sharing expenses Prior to the Entertainment Distribution, revenue sharing expenses with MSG Sports included the Company’s suite license arrangements and venue signage and sponsorship agreements entered into by the Company and sales of in-venue in-venue Allocation of Charges for Venue Usage to MSG Sports For purposes of the Company’s combined financial statements prior to the Entertainment Distribution, the Company allocated to MSG Sports certain expenses for the usage of The Garden, which were reported as a reduction of direct operating expense in the accompanying consolidated and combined statements of operations. After the Entertainment Distribution, fees recognized by the Company under the Arena License Agreements with MSG Sports for use of The Garden are reported as operating lease revenues in accordance with ASC Topic 842, Leases Corporate General and Administrative Expenses, net — MSG Sports Prior to the Entertainment Distribution, allocations of corporate overhead and shared services expense were recorded by both the Company and MSG Sports for corporate and operational functions based on direct usage or the relative proportion of revenue, headcount or other measures of the Company or MSG Sports. The Company’s corporate overhead expenses primarily related to centralized functions, including executive management, finance, treasury, tax, internal audit, legal, information technology, human resources and risk management functions. After the Entertainment Distribution, corporate general and administrative expenses, net – MSG Sports primarily reflects charges from the Company to MSG Sports pursuant to the TSA of $36,365 and $7,005 for Fiscal Year 2021 and Fiscal Year 2020, respectively. 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 information technology, accounts payable, payroll, tax, human resources, insurance and risk management, investor relations, corporate communications, benefit plan administration and reporting and internal audit, as well as certain executive support services. For Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, Corporate general and administrative expense, net—MSG Networks primarily reflects charges from the Company to MSG Networks under the MSG Networks Services Agreement of $9,616, $9,910 and $10,467, respectively. 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. Nonoperating Expense Miscellaneous expense, net includes a contributory charge to MSG Sports related to the participation of MSG Sports and corporate employees in the Shared Plans and Postretirement Plan, of $178 and $451 for Fiscal Year 2020 and Fiscal Year 2019, respectively. Cash Management MSG Sports uses a centralized approach to cash management and financing of operations. Prior to the Entertainment Distribution, the Company’s and other MSG Sports’ or MSG Sports subsidiaries’ cash was available for use and was regularly “swept” historically. Transfers of cash both to and from MSG Sports were included as components of MSG Sports. Investment on the combined statements of divisional equity and redeemable noncontrolling interests. The main components of the net transfers (to)/from MSG Sports are cash pooling/general financing activities, various expense allocations to/from MSG Sports, and receivables/payables from/to MSG Sports deemed to be effectively settled upon the distribution of the Company by MSG Sports. Madison Square Garden Sports Investment All significant balances and transactions among the Company and MSG Sports and its subsidiaries, which include allocations of corporate general and administrative expenses, share-based compensation expense and other historical intercompany activities, are recorded as components of Divisional Equity. As the books and records of the Company were not kept on a separate basis from MSG Sports, the determination of the average net balance due to or from MSG Sports is not practicable.

Segment Information

Segment Information	12 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment Information	Note 21. Segment Information As of June 30, 2021, the Company was comprised of two reportable segments: Entertainment and Tao Group Hospitality. In determining its reportable segments, the Company assessed the guidance of ASC 280-10-50-1, non-capitalizable (b) non-event The Company evaluates segment performance based on several factors, of which the key financial measure is operating income (loss) before (i) adjustments non-cash non-GAAP non-operating non-cash 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. Year ended June 30, 2021 Entertainment Tao Group Purchase Inter- Total Revenues $ 82,281 $ 100,166 $ — $ (2,046 ) $ 180,401 Direct operating expenses 103,089 66,591 3,334 (1,090 ) 171,924 Selling, general and administrative expenses 268,705 54,034 — (25 ) 322,714 Depreciation and amortization 80,142 8,955 25,567 — 114,664 Restructuring charges 21,299 — — — 21,299 Operating loss (390,954 ) (29,414 ) (28,901 ) (931 ) (450,200 ) Loss in equity method investments (6,858 ) Interest income 1,273 Interest expense (208 ) Miscellaneous income, net (a) 51,062 Loss from operations before income taxes $ (404,931 ) Reconciliation of operating loss to adjusted operating loss: Operating loss $ (390,954 ) $ (29,414 ) $ (28,901 ) $ (931 ) $ (450,200 ) Add back: Non-cash (13,026 ) — — — (13,026 ) Share-based compensation expense 47,633 5,284 — — 52,917 Depreciation and amortization 80,142 8,955 25,567 — 114,664 Restructuring charges 21,299 — — — 21,299 Other purchase accounting adjustments — — 3,334 — 3,334 Adjusted operating loss $ (254,906 ) $ (15,175 ) $ — $ (931 ) $ (271,012 ) Other information: Capital expenditures (b) $ 448,962 $ 3,192 $ — $ — $ 452,154 Year ended June 30, 2020 Entertainment Tao Group Purchase Inter- Total Revenues $ 585,208 $ 180,201 $ — $ (2,473 ) $ 762,936 Direct operating expenses 388,643 116,638 4,361 (1,520 ) 508,122 Selling, general and administrative expenses 282,043 63,049 6 (461 ) 344,637 Depreciation and amortization 84,289 8,156 12,454 — 104,899 Impairment for intangibles, long-lived assets, and goodwill — 94,946 10,871 — 105,817 Gain on disposal of assets held for sale (240,783 ) — — — (240,783 ) Operating income (loss) 71,016 (102,588 ) (27,692 ) (492 ) (59,756 ) Loss in equity method investments (4,433 ) Interest income 17,993 Interest expense (240 ) Miscellaneous income, net (a) 38,855 Loss from operations before income taxes $ (7,581 ) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 71,016 $ (102,588 ) $ (27,692 ) $ (492 ) $ (59,756 ) Add back: Share-based compensation expense 41,227 963 — — 42,190 Depreciation and amortization 84,289 8,156 12,454 — 104,899 Impairment for intangibles, long-lived assets, and goodwill — 94,946 10,871 — 105,817 Gain on disposal of assets held for sale (240,783 ) — — — (240,783 ) Other purchase accounting adjustments — — 4,367 — 4,367 Adjusted operating income (loss) $ (44,251 ) $ 1,477 $ — $ (492 ) $ (43,266 ) Other information: Capital expenditures (b) $ 448,944 $ 3,482 $ — $ — $ 452,426 Year ended June 30, 2019 Entertainment Tao Group Purchase Inter- Total Revenues $ 797,058 $ 253,651 $ — $ (1,800 ) $ 1,048,909 Direct operating expenses 513,305 153,969 4,240 (873 ) 670,641 Selling, general and administrative expenses 239,321 75,529 524 (852 ) 314,522 Depreciation and amortization 87,005 6,437 15,901 — 109,343 Operating income (loss) (42,573 ) 17,716 (20,665 ) (75 ) (45,597 ) Equity in earnings of equity method investments 7,062 Interest income 30,163 Interest expense (5,587 ) Miscellaneous expense, net (a) (6,061 ) Loss from operations before income taxes $ (20,020 ) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ (42,573 ) $ 17,716 $ (20,665 ) $ (75 ) $ (45,597 ) Add back: Share-based compensation expense 35,264 137 — — 35,401 Depreciation and amortization 87,005 6,437 15,901 — 109,343 Other purchase accounting adjustments — — 4,764 — 4,764 Adjusted operating income (loss) $ 79,696 $ 24,290 $ — $ (75 ) $ 103,911 Other information: Capital expenditures (b) $ 168,981 $ 15,021 $ — $ — $ 184,002 (a) Miscellaneous income (expense), net includes the following Years Ended June 30, 2021 2020 2019 Realized and unrealized gain (loss) on equity investments with readily determinable fair value, see Note 8 for further detail. $ 51,178 $ 37,628 $ (3,497 ) Non-service (264 ) (1,239 ) (2,276 ) Dividend income from equity investments — 722 1,202 Loss on extinguishment of debt associated with Tao Group Hospitality — — (3,977 ) Measurement alternative adjustments for equity investments without readily determinable fair value — (532 ) 3,340 Others, net, primarily reflects the impact of Tao Group Hospitality three-month lag elimination in Fiscal Year 2020. 148 2,276 (853 ) $ 51,062 $ 38,855 $ (6,061 ) See Note 15 for further details on the non-service (b) The Entertainment segment includes capital expenditures See Note 4. Revenue Recognition — Disaggregation of Revenue for disclosure related to the Company’s revenues by type of goods or services in accordance with the required entity-wide disclosure requirements per FASB ASC Subtopic 280-10-50-38 Substantially all revenues and assets of the Company’s reportable segments are attributed to or located in the United States. A majority of the Company’s revenues and assets are concentrated in the New York City metropolitan area.

Concentration of Risk

Concentration of Risk	12 Months Ended
	Jun. 30, 2021
Risks and Uncertainties [Abstract]
Concentrations of Risk	Note 22. Concentrations of Risk Financial instruments that may potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are invested in U.S. treasury bills, money market accounts and time deposits. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company’s emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. The Company did not have any non-affiliated non-affiliated As of June 30, 2021, approximately 1,900 full-time and part-time employees, who represent approximately 33% of the Company’s workforce, are subject to CBAs. Approximately 52% are subject to CBAs that expired as of June 30, 2021 and approximately 11% are subject to CBAs that will expire by June 30, 2022 if they are not extended prior thereto.

Correction of Previously Issued

Correction of Previously Issued Consolidated and Combined Financial Statements	12 Months Ended
	Jun. 30, 2021
Prior Period Adjustment [Abstract]
Correction of Previously Issued Consolidated and Combined Financial Statements	Note 23. Correction of Previously Issued Consolidated and Combined Financial Statements Subsequent to the issuance of the Company’s consolidated and combined financial statements as of June 30, 2021 and 2020 and for each of the three fiscal years in the period ended June 30, 2021 (the “previously issued financial statements”), management re-evaluated 835-20, Capitalization of Interest 835-20”) 835-20 The following tables present the effect of correcting this accounting error, which included an increase to deferred tax liabilities and an equal and corresponding offset to the valuation allowance, on the Company’s previously issued financial statements:​​​​​​​ Consolidated Balance Sheet Information As of June 30, 2021 As of June 30, 2020 As Adjustment As Revised As Adjustment As Revised Property and equipment, net $ 2,099,347 $ 49,228 $ 2,148,575 $ 1,646,115 $ 14,338 $ 1,660,453 Total assets 4,267,341 49,228 4,316,569 3,719,206 14,338 3,733,544 Additional paid-in 2,744,866 13,977 2,758,843 2,751,318 13,977 2,765,295 Retained earnings (accumulated deficit) (270,146 ) 35,251 (234,895 ) 141,936 361 142,297 Total Madison Square Garden Entertainment Corp. stockholders’ equity 2,447,841 49,228 2,497,069 2,841,637 14,338 2,855,975 Total equity 2,459,745 49,228 2,508,973 2,853,840 14,338 2,868,178 Total liabilities, redeemable noncontrollinginterests and equity 4,267,341 49,228 4,316,569 3,719,206 14,338 3,733,544 Consolidated and Combined Statement of Operations Information Year ended June 30, 2021 Year ended June 30, 2020 Year ended June 30, 2019 As Adjustment As Revised As Adjustment As Revised As Adjustment As Revised Interest expense $ (35,098 ) $ 34,890 $ (208 ) $ (2,300 ) $ 2,060 $ (240 ) $ (15,262 ) $ 9,675 $ (5,587 ) Loss from operations before income taxes (439,821 ) 34,890 (404,931 ) (9,641 ) 2,060 (7,581 ) (29,695 ) 9,675 (20,020 ) Net loss (430,450 ) 34,890 (395,560 ) (14,687 ) 2,060 (12,627 ) (30,138 ) 9,675 (20,463 ) Net income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders (412,082 ) 34,890 (377,192 ) 17,234 2,060 19,294 (17,894 ) 9,675 (8,219 ) Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (17.39 ) 1.44 (15.95 ) 0.72 0.09 0.81 (0.75 ) 0.40 (0.35 ) Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (17.39 ) 1.44 (15.95 ) 0.72 0.09 0.81 (0.75 ) 0.40 (0.35 ) Consolidated and Combined Statement of Comprehensive Income (Loss) Information Year ended June 30, 2021 Year ended June 30, 2020 Year ended June 30, 2019 As Previously Adjustment As Revised As Adjustment As Revised As Adjustment As Revised Net loss $ (430,450 ) $ 34,890 $ (395,560 ) $ (14,687 ) $ 2,060 $ (12,627 ) $ (30,138 ) $ 9,675 $ (20,463 ) Comprehensive loss (405,713 ) 34,890 (370,823 ) (21,015 ) 2,060 (18,955 ) (35,713 ) 9,675 (26,038 ) Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders (387,345 ) 34,890 (352,455 ) 10,906 2,060 12,966 (23,469 ) 9,675 (13,794 ) Consolidated and Combined Statement of Cash Flows Information Year ended June 30, 2021 Year e Year e As Adjustment As Revised As Adjustment As Revised As Adjustment As Revised Net loss $ (430,450 ) $ 34,890 $ (395,560 ) $ (14,687 ) $ 2,060 $ (12,627 ) $ (30,138 ) $ 9,675 $ (20,463 ) Net cash provided by (used (289,480 ) 34,890 (254,590 ) 96,031 2,060 98,091 91,724 9,675 101,399 Capitalized interest — (34,890 ) (34,890 ) — (2,060 ) (2,060 ) — (9,675 ) (9,675 ) Net cash used in in v (84,440 ) (34,890 ) (119,330 ) (389,657 ) (2,060 ) (391,717 ) (228,063 ) (9,675 ) (237,738 )

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 30, 2021
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 24. Subsequent Events Radio City Music Hall Lease On July 1, 2021, Radio City Productions LLC (“Radio City Productions”), a wholly owned subsidiary of the Company, and RCPI Landmark Properties, L.L.C. (“RCPI”) entered into the sixth amendment (the “Lease Amendment”) to a lease agreement dated December 4, 1997, as amended, pursuant to which Radio City Productions leases Radio City Music Hall and ancillary spaces (the “RCMH Lease”). The Lease Amendment extends the term of the RCMH Lease, which was previously set to expire in February 2023, until August 31, 2038 for all spaces covered by the prior Lease other than the Retail Space (as defined in the RCMH Lease), with an option to renew for an additional 10 years at Fair Market Value (as defined under the Lease Amendment) by providing notice to RCPI. The Lease Amendment also modifies the fixed rent payable, commencing on March 1, 2023, with a six-month

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Principles of Consolidation and Combination	Principles of Consolidation and Combination For the periods prior to the Entertainment Distribution, the combined financial statements included assets and liabilities that were historically held at Former Parent’s corporate level but were specifically identifiable or otherwise attributable to the Company. All intercompany transactions between the Company and Former Parent have been included in the combined financial statements as components of MSG Sports Corp.’s investment. All significant intracompany transactions and accounts within the Company’s financial statements have been eliminated. In addition, expenses related to corporate allocations prior to the Entertainment Distribution were considered to be effectively settled in the combined financial statements at the time the transaction was recorded, with the offset recorded against MSG Sports’ investment. After the Entertainment Distribution, the consolidated financial statements of the Company include the accounts of Madison Square Garden Entertainment Corp. and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation.
Business Combinations and Noncontrolling Interests	Business Combinations and Noncontrolling Interests The acquisition method of accounting for business combinations requires management to use significant estimates and assumptions, including fair value estimates, as of the business combination date and to refine those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which the Company is allowed to adjust the provisional amounts recognized for a business combination). Under the acquisition method of accounting, the Company recognizes separately from goodwill the identifiable assets acquired, the liabilities assumed, and any noncontrolling interests in an acquiree, generally at the acquisition date fair value. The Company measures goodwill as of the acquisition date as the excess of consideration transferred, which is also measured at fair value if the consideration is non-cash, Interests held by third parties in consolidated majority-owned subsidiaries are presented as noncontrolling interests, which represent the noncontrolling stockholders’ interests in the underlying net assets of the Company’s consolidated majority-owned subsidiaries. Noncontrolling interests that are not redeemable are reported in the equity section of the consolidated and combined balance sheets. Noncontrolling interests, where the Company may be required to repurchase the noncontrolling interest under put options or other contractual redemption requirements that are not solely within the Company’s control, are reported in the consolidated and combined balance sheets between liabilities and equity, as redeemable noncontrolling interests. In addition, the consolidated and combined financial statements of the Company include accounts from Tao Group Hospitality (including the acquisition of Hakkasan in April 2021, see Note 3 for further details) and BCE, 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 and BCE are consolidated with the equity owned by other shareholders shown as redeemable or nonredeemable noncontrolling interests in the accompanying combined balance sheets, 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 and combined statements of operations and consolidated and combined statements of comprehensive income (loss), respectively. On January 31, 2017, the Company acquired a controlling interest in Tao Group Hospitality. In accordance with FASB ASC Topic 805, Business Combinations Consolidation The Merger with MSG Networks was completed on July 9, 2021. The accounting treatment and details surrounding the Merger are discussed under Note 1.
Use of Estimates	Use of Estimates The preparation of the accompanying consolidated and combined financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the provision for credit losses, valuation of investments, goodwill, intangible assets, other long-lived assets, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, income tax expense, 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 to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods.
Revenue Recognition	Revenue Recognition See Note 4 for details of accounting policies related to revenue recognition and other disclosures required under ASC Topic 606, Revenue from Contracts with Customers
Direct Operating Expenses	Direct Operating Expenses Direct operating expenses include, but are not limited to, event costs related to the presentation and production of the Company’s live entertainment and sporting events, revenue sharing expenses associated with signage, sponsorship and suite license fee revenue and in-venue Direct operating expenses for Tao Group Hospitality primarily include the cost of food and beverage sales, nightlife venue entertainment expenses, and costs of venues’ labor and occupancy.
Production Costs for the Company's Original Productions	Production Costs for the Company’s Original Productions The Company defers certain costs of productions such as creative design, scenery, wardrobes, rehearsal and other related costs for the Company’s proprietary shows. Deferred production costs are amortized on a straight-line basis over the course of a production’s performance period using the expected life of a show’s assets. Deferred production costs are subject to recoverability assessments whenever there is an indication of potential impairment. The Company recorded $6,577 and $6,683 of net deferred production costs associated with the Christmas Spectacular
Allocation of Charges for Venue Usage to MSG Sports	Allocation of Charges for Venue Usage to MSG Sports For periods prior to the Entertainment Distribution Date, the Company’s combined financial statements included expenses associated with the ownership, maintenance, and operation of The Garden, which the Company and MSG Sports use in their respective operations. The Knicks and Rangers are the primary recurring occupants of The Garden, playing their home games at The Garden. The number of home games increases if the Knicks and Rangers qualify for the playoffs. Historically, the Company did not charge rent expense to MSG Sports for use of The Garden. However, for purposes of the Company’s combined financial statements, the Company allocated expenses to MSG Sports for the usage of The Garden, which were reported as a reduction of direct operating expense in the accompanying combined statements of operations. This allocation was based on a combination of event count and revenue, which the Company’s management believes is a reasonable allocation methodology. The venue usage charge allocated to MSG Sports was $45,358 for the period of July 1, 2019 to April 17, 2020 in Fiscal Year 2020 and $47,093 in Fiscal Year 2019. In connection with the Entertainment Distribution, the Company entered into Arena License Agreements with MSG Sports (see Note 10 for further discussion). Fees recognized by the Company under the Arena License Agreements with MSG Sports for use of The Garden are reported as operating lease revenues in accordance with ASC Topic 842, Leases.
Revenue Sharing Expenses	Revenue Sharing Expenses As discussed above, prior to the Entertainment Distribution Date, MSG Sports’ share of the Company’s suites license, venue signage and sponsorship revenue, and in-venue After the Entertainment Distribution Date, such revenue sharing expenses are determined based on contractual agreements between the Company and MSG Sports, primarily related to suite license, certain internal signage and in-venue
Advertising Expenses	Advertising Expenses Advertising costs are typically charged to expense when incurred, however, advertising for productions and other live entertainment events are generally deferred within interim periods and expensed over the run of the show, but by no later than the end of the fiscal year. Total advertising costs classified in direct operating and selling, general and administrative expenses were $1,008, $10,579 and $13,106 for the years ended June 30, 2021, 2020 and 2019, respectively.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes (“ASC Topic 740”). The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities, and changes in estimates with regard to uncertain tax positions. Deferred tax assets are subject to an ongoing assessment of realizability. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the realization of its deductible temporary differences. If such estimates and related assumptions change in the future, the Company may be required to record valuation allowances against its deferred tax assets, resulting in additional income tax expense in the Company’s consolidated statements of operations. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.​​​​​​​
Share-based Compensation	Share-based Compensation For periods prior to the Entertainment Distribution Date, the Company’s employees participated in MSG Sports’ share-based compensation plans. Share-based compensation expense has been attributed to the Company based on the awards and terms previously granted to MSG Sports’ employees. For purposes of the combined financial statements, an allocation of share-based compensation expense related to corporate employees was recorded in addition to the expense attributed to the Company’s direct employees. The allocated expense includes both directors and corporate executives of MSG Sports, allocated using a proportional allocation method which management has deemed to be reasonable. Following the Entertainment Distribution, the Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the award. Share-based compensation cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award, except for restricted stock units granted to non-employee The Company accounts for forfeitures as they occur, rather than estimating expected forfeitures.
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share On the Entertainment Distribution Date, 23,992 shares of the Company’s Class A Common Stock were distributed to MSG Sports’ stockholders as of the Record Date and were outstanding as of April 17, 2020. This share amount was being utilized for the calculation of basic earnings (loss) per common share (“EPS”) for the periods prior to the Entertainment Distribution because the Company was a wholly-owned subsidiary of MSG Sports prior to the Entertainment Distribution Date. In addition, the computation of diluted earnings per share equals the basic earnings (loss) per common share calculation since there was no stock trading information available to compute the dilutive effect of shares issuable under share-based compensation plans needed under the treasury method in accordance with ASC Topic 260, Earnings Per Share In connection with the Entertainment Distribution, the Company entered into amended employment agreements with the redeemable noncontrolling interest holders of Tao Group Hospitality in the fourth quarter of Fiscal Year 2020, which provided the noncontrolling interest holders with put rights that could require the Company to purchase the remaining noncontrolling interest. In addition, in accordance with the transaction agreement related to the acquisition of Hakkasan in April 2021, the noncontrolling interest holders of the acquiree are provided with put rights that could require the Company to purchase the remaining noncontrolling interest. Upon the exercise of the put rights by the noncontrolling interest holders, the price to be paid for redeemable noncontrolling interests is the current fair market value of the redeemable noncontrolling interest, subject to a minimum price (“floor”). In accordance with ASC 480, Distinguishing Liabilities From Equity paid-in For the periods after the Entertainment Distribution Date, basic EPS attributable to the Company’s common stockholders is based upon net income (loss) attributable to the Company’s common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the effect of the assumed vesting of restricted stock units and exercise of stock options (see Note 16) only in the periods in which such effect would have been dilutive. For the periods when a net loss is reported, the computation of diluted EPS equals the basic EPS calculation since common stock equivalents were antidilutive due to losses from continuing operations.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers the balance of its investment in funds that substantially hold highly liquid securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or is at fair value. Checks outstanding in excess of related book balances are included in accounts payable in the accompanying consolidated balance sheets. The Company presents the change in these book cash overdrafts as cash flows from operating activities.
Restricted Cash	Restricted Cash The Company’s restricted cash includes cash deposited in escrow accounts. For example, the Company has deposited cash in an interest-bearing escrow account as credit support and collateral to its workers compensation and general liability insurance obligations. The carrying amount of restricted cash approximates fair value due to the short-term maturity of these instruments. Changes in restricted cash are reflected on the accompanying consolidated and combined statement of cash flows in accordance with ASU No. 2016-18, Statement of Cash Flows (Topic 230) beginning-of-period end-of-period In addition, the restricted cash balance as of June 30, 2021 included a deposit in a reserve account of approximately $4,800 associated with credit facilities of Tao Group Hospitality. See Note 14 for further details on the amendment to the Tao Senior Credit Agreement in August 2020.
Short-Term Investments	Short-Term Investments Short-term investments as of June 30, 2020 consisted of investments that (i) had original maturities of greater than three months and (ii) the Company had the ability to convert into cash within one year. The Company classified its short-term investments at the time of purchase as “held-to-maturity” re-evaluated
Accounts Receivable	Accounts Receivable Accounts receivable is recorded at net realizable value. The Company maintains an allowance for credit losses to reserve for potentially uncollectible receivables. The allowance for credit losses is estimated based on the Company’s analysis of receivables aging, specific identification of certain receivables that are at risk of not being paid, past collection experience and other factors. The Company’s allowance for credit losses was $5,577 and $9,135 as of June 30, 2021 and 2020, respectively.
Investments in and Loans to Nonconsolidated Affiliates	Investments in to Nonconsolidated Affiliates and Equity Securities The Company’s investments in nonconsolidated affiliates are primarily accounted for using the equity method of accounting and are carried at cost, plus or minus the Company’s share of net earnings or losses of the investment, subject to certain other adjustments. The cost of equity method investments includes transaction costs of the acquisition. As required by GAAP, to the extent that there is a basis difference between the cost and the underlying equity in the net assets of an equity investment, companies are required to allocate such differences between tangible and intangible assets. The Company’s share of net earnings or losses of the investment, inclusive of amortization expense for intangible assets associated with the investment, is reflected in equity in earnings (loss) of nonconsolidated affiliates on the Company’s consolidated and combined statements of operations. Dividends received from the investee reduce the carrying amount of the investment. Due to the timing of receiving financial information from its nonconsolidated affiliates, the Company records its share of net earnings or losses of such affiliates on a three-month lag basis, with the exception of the amortization expense of intangible assets which are recorded currently. In addition to the equity method investments, the Company also has other equity investments with and without readily determinable fair values. The Company measures equity investments without readily determinable fair values at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Changes in observable price are reflected within Miscellaneous income (expense), net in the accompanying consolidated and combined statement of operations. For equity investments with readily determinable fair values, changes in the fair value of those investments are measured monthly and are recorded within Miscellaneous income (expense), net in the accompanying consolidated and combined statement of operations.​​​​​​​ Impairment of Investments The Company reviews its investments at least quarterly to determine whether a decline in fair value below the cost basis is other-than-temporary. The primary factors the Company considers in its determination are the length of time that the fair value of the investment is below the Company’s carrying value; future prospects of the investee; and the Company’s intent and ability to hold the security for a period of time sufficient to allow for any anticipated recovery in fair value. In addition, the Company considers other factors such as general market conditions, industry conditions, and analysts’ ratings. If the decline in fair value is deemed to be other-than-temporary, the cost basis of the investment is written down to fair value and the loss is realized as a component of net income. See Note 8 for further discussion of impairments of investments.
Long-Lived and Indefinite-Lived Assets	Long-Lived and Indefinite-Lived Assets The Company’s long-lived and indefinite-lived assets consist of property and equipment, right-of-use Property and equipment is stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to leasehold improvements, amortized over the shorter of the lease term or the asset’s estimated useful life. The useful lives of the Company’s long-lived assets are based on estimates of the period over which the Company expects the assets to be of economic benefit to the Company. In estimating the useful lives, the Company considers factors such as, but not limited to, risk of obsolescence, anticipated use, plans of the Company, and applicable laws and permit requirements. In July 2013, the permit for The Garden was renewed for ten years and these financial statements have been prepared assuming further renewal of that permit. Identifiable intangible assets with finite useful lives are amortized on a straight-line basis over their respective estimated useful lives. Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized. Impairment of Long-Lived and Indefinite-Lived Assets In assessing the recoverability of the Company’s long-lived and indefinite-lived assets, the Company must make estimates and assumptions regarding future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized as well as the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve significant uncertainties and judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. If these estimates or material related assumptions change in the future, the Company may be required to record impairment charges related to its long-lived and/or indefinite-lived assets. Goodwill is tested annually for impairment as of August 31 st unit using an income approach, such as the discounted cash flow method, or other acceptable valuation techniques, including the cost approach, in instances when it does not perform the qualitative assessment of goodwill. Subsequent to the adoption of ASU No. 2017-04 No. 2017-04, The Company performs its goodwill impairment test at the reporting unit level, which is one level below the operating segment level. The Company has two operating and reportable segments, Entertainment and Tao Group Hospitality, consistent with the way management makes decisions and allocates resources to the business. For Fiscal Years 2021 and 2020, the Company had two reporting units for goodwill impairment testing purposes: Entertainment and Tao Group Hospitality. During the first quarter of Fiscal Year 2021, 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. As a result of operating disruptions due to the COVID-19 350-30, non-cash Identifiable indefinite-lived intangible assets are tested annually for impairment as of August 31 st For other long-lived assets, including property and equipment, right-of-use COVID-19 non-cash right-of-use
Interest Capitalization	Interest Capitalization For significant long term construction projects, the Company begins to capitalize qualified interest cost once activities necessary to get the asset ready for its intended use have commenced. The Company calculates qualified interest capitalization using the average amount of accumulated expenditures during the period the asset is being prepared for its intended use and a capitalization rate which is derived from the Company’s weighted average borrowing rate during such time, in the absence of specific borrowings related to the significant long term construction projects. The Company ceases capitalization on any portions substantially completed and ready for their intended use.
Contingencies	Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. Contingent Consideration Some of the Company’s acquisition agreements include contingent earn-out The fair values of these earn-out earn-out The Company measures its contingent earn-out earn-out
Defined Benefit Pension Plans and Other Postretirement Benefit Plan	Defined Benefit Pension Plans and Other Postretirement Benefit Plan As more fully described in Note 15, certain employees of the Company participate in defined benefit pension plans (“Shared Plans”) sponsored by the Company, which also have historically included participants of MSG Sports. The Company accounted for the Shared Plans under the guidance of ASC 715, Compensation — Retirement Benefits The plan that was sponsored by the Company and did not include participants of MSG Sports (“Direct Plan”) was accounted for as a defined benefit pension plan. Accordingly, the funded and unfunded position of the Direct Plan was recorded in the Company’s combined balance sheets, as well as all costs related to the Direct Plan which are recorded in the combined statements of operations for periods prior to the Entertainment Distribution Date. Actuarial gains and losses that have not yet been recognized through the consolidated and combined statements of operations are recorded in accumulated other comprehensive income (loss) until they are amortized as a component of net periodic benefit cost through other comprehensive income (loss). After the Entertainment Distribution Date, the Company has both funded and unfunded defined benefit plans, as well as a contributory other postretirement benefit plan, covering certain full-time employees and retirees. The expense recognized by the Company is determined using certain assumptions, including the expected long-term rate of return and discount rates, among others. The Company recognizes the funded status of its defined benefit pension and other postretirement plans (other than multiemployer plans) as an asset or liability in the consolidated balance sheets and recognizes changes in the funded status in the year in which the changes occur through other comprehensive income (loss).
Fair Value Measurement	Fair Value Measurements The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I — Quoted prices for identical instruments in active markets. • Level II — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III — Instruments whose significant value drivers are unobservable.
Foreign Currency Translations	Foreign Currency Translations The consolidated and combined financial statements are presented in U.S. Dollars. Assets and liabilities of non-U.S. non-U.S.
Recently Adopted Accounting Pronouncements	Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements In June 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments — Credit Losses. No. 2016-13 No. 2019-05, Targeted Transition Relief, No. 2019-11, Codification Improvements to Topic 326, Financial Instruments — Credit Losses No. 2020-02, Financial Instruments — Credit Losses and Leases, 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 No. 2018-13 No. 2018-13 In August 2018, the FASB issued ASU No. 2018-14, Compensation-Retirement Benefits-Defined Benefit Plans — General (Subtopic 715-20): No. 2018-14 In August 2018, the FASB issued ASU No. 2018-15, Intangibles — Goodwill and Other-Internal-Use 350-40): No. 2018-15 internal-use In November 2018, the FASB issued ASU No. 2018-17, Targeted Improvements to Related Party Guidance for Variable Interest Entities No. 2018-17 In November 2018, the FASB issued ASU No. 2018-18, Collaborative Arrangements (Topic 808): Clarifying the Interaction between Topic 808 and Topic 606 No. 2018-18 2018-18 precludes 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 No. 2016-13 In November 2019, the FASB issued ASU No. 2019-08, Compensation — Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements — Share-Based Consideration Payable to a Customer. In January 2020, the FASB issued ASU No. 2020-01, Investments — Equity Securities (Topic 321), Investments — Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815): Clarifying the Interactions between Topic 321, Topic 323, and Topic 815.
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting 2021-01,

Acquisition and Disposition (Ta

Acquisition and Disposition (Tables)	12 Months Ended
	Jun. 30, 2021
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition	The preliminary allocation of the purchase price to the assets acquired and liabilities assumed as of April 27, 2021 is presented below: Fair Value (a) Cash and cash equivalents $ 16,737 Property and equipment, net 33,393 Right-of-use 44,818 Amortizable intangible assets, net 47,170 Other assets 12,641 Accrued expenses and other current liabilities (15,957 ) Operating lease liabilities (52,025 ) Other liabilities (13,655 ) Total identifiable net assets acquired 73,122 Goodwill (a) 3,378 Redeemable noncontrolling interests (b) $ (76,500 ) (a) Primarily represents expected synergies from combining operations of Hakkasan and Tao Group Hospitality, and is not deductible for income tax purposes. (b) Hakkasan Parent has the right to put its equity interest in Tao Group Sub-Holdings Sub-Holdings Sub-Holdings.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
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, in accordance with ASC Subtopic 606-10-50-5, Year ended June 30, 2021 Entertainment Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 14,062 $ 84,325 $ (1,522 ) $ 96,865 Sponsorship, signage and suite licenses (b) 16,308 4,736 (207 ) 20,837 Other (c) 27,586 11,105 (317 ) 38,374 Total revenues from contracts with customers $ 57,956 $ 100,166 $ (2,046 ) $ 156,076 Year ended June 30, 2020 Entertainment Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 390,691 $ 161,663 $ (507 ) $ 551,847 Sponsorship, signage and suite licenses (b) 176,798 1,640 (1,091 ) 177,347 Other (c) 17,719 16,898 (875 ) 33,742 Total revenues from contracts with customers $ 585,208 $ 180,201 $ (2,473 ) $ 762,936 Year ended June 30, 2019 Entertainment Tao Group Eliminations Total Event-related and entertainment dining and nightlife offerings (a) $ 529,737 $ 234,205 $ (852 ) $ 763,090 Sponsorship, signage and suite licenses (b) 243,843 1,788 (873 ) 244,758 Other (c) 23,478 17,658 (75 ) 41,061 Total revenues from contracts with customers $ 797,058 $ 253,651 $ (1,800 ) $ 1,048,909 (a) Consists of (i) ticket sales and other ticket-related revenues, (ii) Tao Group Hospitality’s entertainment dining and nightlife offerings, (iii) venue license fees from third-party promoters, and (iv) food, beverage and merchandise sales. Event-related revenues and entertainment, dining and nightlife offerings are recognized at a point in time. As such, these revenues have been included in the same category in the table above. (b) See sections “— Contracts with Customers — Arrangements with Multiple Performance Obligations”, “— Contracts with Customers — Principal versus Agent Revenue Recognition” and “— Contracts with Customers — Entertainment Segment” for further details on the pattern of recognition of sponsorship, signage and suite license revenues. (c) Primarily consists of (i) revenues from sponsorship sales and representation agreements with MSG Sports, (ii) advertising commission revenue from MSG Networks, and (ii) Tao Group Hospitality’s managed venue revenues. In addition to the disaggregation of the Company’s revenue by major source based upon the timing of transfer of goods or services to the customer disclosed above, the following table disaggregates the Company’s combined revenues by type of goods or services in accordance with the required entity-wide disclosure requirements of FASB ASC Subtopic 280-10-50-38 606-10-50-5 Year ended June 30, 2021 Entertainment (d) Tao Group Eliminations Total (d) Ticketing and venue license fee revenues (a) $ 8,311 $ — $ — $ 8,311 Sponsorship and signage, suite, and advertising commission revenues (b) 43,723 — (207 ) 43,516 Revenues from entertainment dining and nightlife offerings (c) — 100,166 (1,839 ) 98,327 Food, beverage and merchandise revenues 3,078 — — 3,078 Other 2,844 — — 2,844 Total revenues from contracts with customers $ 57,956 $ 100,166 $ (2,046 ) $ 156,076 Year ended June 30, 2020 Entertainment Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 310,971 $ — $ — $ 310,971 Sponsorship and signage, suite, and advertising commission revenues (b) 200,092 — (1,091 ) 199,001 Revenues from entertainment dining and nightlife offerings (c) — 180,201 (1,382 ) 178,819 Food, beverage and merchandise revenues 62,341 — — 62,341 Other 11,804 — — 11,804 Total revenues from contracts with customers $ 585,208 $ 180,201 $ (2,473 ) $ 762,936 Year ended June 30, 2019 Entertainment Tao Group Eliminations Total Ticketing and venue license fee revenues (a) $ 420,285 $ — $ — $ 420,285 Sponsorship and signage, suite, and advertising commission revenues (b) 266,204 — (873 ) 265,331 Revenues from entertainment dining and nightlife offerings (c) — 253,651 (927 ) 252,724 Food, beverage and merchandise revenues 83,307 — — 83,307 Other 27,262 — — 27,262 Total revenues from contracts with customers $ 797,058 $ 253,651 $ (1,800 ) $ 1,048,909 (a) Amounts include ticket sales, including other ticket-related revenue, and venue license fees from the Company’s events such as (i) concerts, (ii) the presentation of the Christmas Spectacular, and (iii) other live entertainment and sporting events. (b) Beginning in Fiscal Year 2021, Sponsorship and signage, suite, and advertising commission revenues include revenues from sponsorship sales and representation agreements with MSG Sports. (c) Primarily consist of revenues from (i) entertainment dining and nightlife offerings and (ii) venue management agreements. (d) In addition to the various types of revenues disclosed above, total revenues of $180,401 in Fiscal Year 2021 include $24,325 of lease-related revenues recognized under ASC 842 within the Entertainment segment. See “— Lessor Arrangements” under Note 10 for further details.
Contract Balances	The following table provides information about the opening and closing contract balances from the Company’s contracts with customers as of June 30, 2021, 2020 and 2019. June 30, 2021 2020 2019 Receivables from contracts with customers, net (a) $ 86,454 $ 59,828 $ 81,170 Contract assets, current (b) 7,052 3,850 6,873 Deferred revenue, including non-current (c) 210,037 193,112 197,047 (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 June 30, 2021, 2020 and 2019. the Company’s receivables from contracts with customers above included $4,848, $2,644 and $126, respectively, related to various related parties. See Note 20 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 a customer in advance of the Company’s transfer of goods or services to that customer. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. Revenue recognized for the year ended June 30, 2021 and relating to the deferred revenue balance as of June 30, 2020 was $11,204.
Remaining Performance Obligation	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 June 30, 2021. This primarily relates to performance obligations under sponsorship and suite license agreements that have original expected durations longer than one year and the considerations are not variable. 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. Fiscal year ending June 30, 2022 $ 101,393 Fiscal year ending June 30, 2023 96,749 Fiscal year ending June 30, 2024 77,948 Fiscal year ending June 30, 2025 55,945 Fiscal year ending June 30, 2026 43,180 Thereafter 57,245 $ 432,460

Restructuring Charges (Tables)

Restructuring Charges (Tables)	12 Months Ended
	Jun. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring Charges	The Company’s restructuring accrual activity through June 30, 2021 is as follows: June 30, 2020 $ — Restructuring charges 21,299 Payments (21,118 ) June 30, 2021 $ 181

Computation of Earnings (Loss_2

Computation of Earnings (Loss) per Common Share (Tables)	12 Months Ended
	Jun. 30, 2021
Computation of Earnings (Loss) per Common Share [Abstract]
Reconciliation of Weighted-Average Shares Used in Calculation of Basic and Diluted Earnings (Loss) Per Common Share	The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings (loss) per common share attributable to the Company’s stockholders Years Ended June 30, 2021 2020 2019 Net income (loss) available to Madison Square Garden Entertainment Corp.’s stockholders (numerator): Net income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders per statement of operations $ (377,192 ) $ 19,294 $ (8,219 ) Adjustment of redeemable noncontrolling interest to redemption value (8,728 ) — — Net income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders for EPS: $ (385,920 ) $ 19,294 $ (8,219 ) Weighted-average shares (denominator): Weighted-average shares for basic EPS (a) 24,205 23,998 23,992 Dilutive effect of shares issuable under share-based compensation plans (a) — 19 — Weighted-average shares for diluted EPS (a) 24,205 24,017 23,992 Weighted-average anti-dilutive shares (b) — 522 — EPS: Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders $ (15.95 ) $ 0.81 $ (0.35 ) Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders $ (15.95 ) $ 0.81 $ (0.35 ) (a) See the Consolidated and Combined Statements of Operations for how the weighted-average shares were derive d for Fi (b) For Fiscal Year 2021, all restricted stock units and stock options were excluded from the above table because the Company reported a net loss for the periods presented and, therefore, their impact on reported loss per share would have been antidilutive. See Note 16 for further detail.

Cash, Cash Equivalent and Res_2

Cash, Cash Equivalent and Restricted Cash (Tables)	12 Months Ended
	Jun. 30, 2021
Cash, Cash Equivalents and Restricted Cash [Abstract]
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 June 30, June 30, June 30, June 30, Captions on the consolidated and combined balance sheets: Cash and cash equivalents $ 1,168,760 $ 906,555 $ 1,082,055 $ 1,225,645 Restricted cash 22,984 17,749 10,010 6,711 Cash, cash equivalents and restricted cash on the consolidated and combined statements of cash flows $ 1,191,744 $ 924,304 $ 1,092,065 $ 1,232,356

Investments and Loans to Nonc_2

Investments and Loans to Nonconsolidated Affiliates (Tables)	12 Months Ended
	Jun. 30, 2021
Investments in and Advances to Affiliates [Abstract]
Investments and Loans Cost and Equity Method Investees	The Company’s investments in 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 Investments—Equity Securities Ownership Investment June 30, 2021 Equity method investments: SACO Technologies Inc. (“SACO”) 30 % $ 36,265 Others 6,204 Equity investments without readily determinable fair values (a) 3,500 Total investments in nonconsolidated affiliates $ 45,969 June 30, 2020 Equity method investments: SACO 30 % $ 40,461 Others 8,661 Equity investments without readily determinable fair values (a) (b) (c) 3,500 Total investments in nonconsolidated affiliates $ 52,622 (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. Under the measurement alternative, equity securities without readily determinable fair values are accounted for at cost, adjusted for impairment and changes resulting from observable price fluctuations in orderly transactions for the identical or a similar investment of the same issuer. For Fiscal Year 2021, the Company did not have impairment charges or change in carrying value recorded to its equity securities without readily determinable fair values. For Fiscal Year 2020, the Company recorded an impairment charge of $533. For Fiscal Year 2019, the Company recorded a $3,738 increase in carrying value from observable price fluctuations and an impairment charge of $398. (b) As of June 30, 2019, the Company’s equity investment in equity without readily determinable fair value included a $9,834 investment in DraftKings Inc. (“DraftKings”). DraftKings became a publicly traded company in April 2020. Accordingly, the Company began accounting for its investment in DraftKings as an equity investment with a readily determinable fair value in accordance the ASC Topic 321, Investments—Equity Securities. See section “Equity Investment with Readily Determinable Fair Values” below for further discussion. (c) The following tables summarize the changes in the Company’s equity investments without readily determinable fair values for which the Company has used Level III inputs to determine fair value and a reconciliation to the opening and closing balances as of June 30, 2021, and 2020: June 30, 2021 2020 Balance, beginning of period $ 3,500 $ 13,867 Transfer out of Level III to Level I for investment in DraftKings — (9,834 ) Impairment charge — (533 ) Balance, end of period $ 3,500 $ 3,500
Summarized Financial Information of Equity Method Investees	The cost basis and the carrying fair value of these investments, which are reported under Other assets in the accompanying consolidated balance sheets as of June 30, 2021 and 2020, are as follows: Balance as of June 30, 2021 Equity Investment with Readily Determinable Fair Values Units / Shares Cost Basis Carrying value / Fair value Townsquare Class A common stock 583 $ 4,221 $ 7,435 Townsquare Class C common stock 2,625 19,001 33,469 DraftKings, common stock 869 6,036 45,360 Total $ 29,258 $ 86,264 Balance as of June 30, 2020 Equity Investment with Readily Determinable Fair Value Units / Shares Cost Basis Carrying value / fair value Townsquare Class A common stock 3,208 $ 23,222 $ 14,340 DraftKings, common stock 1,280 8,798 42,589 DraftKings, warrant 9 22 132 Total $ 32,042 $ 57,061 The following table summarizes the realized and unrealized gains (loss) on equity investments with readily determinable fair value for the years ended June 30, 2021, 2020 and 2019: June 30, 2021 2020 2019 Unrealized gain (loss) — Townsquare $ 26,563 $ (2,920 ) $ (3,497 ) Unrealized gain — DraftKings 26,942 34,197 — Realized gain (loss) — DraftKings (2,327 ) 6,351 — $ 51,178 $ 37,628 $ (3,497 ) Supplemental information on realized gain (loss): Shares of common stock sold — DraftKings 420 197 — Cash proceeds from common stock sold — DraftKings $ 22,079 $ 7,659 $ —

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	As of June 30, 2021 and 2020, property and equipment consisted of the following assets: June 30, 2021 2020 Estimated Useful Lives Land $ 150,750 $ 141,638 Buildings 996,295 993,206 Up to 40 years Equipment 378,086 345,314 1 year to 20 years Aircraft 38,090 38,090 20 years Furniture and fixtures 38,896 42,389 1 year to 7 years Leasehold improvements 196,273 170,585 Shorter of term of lease or useful life of improvement Construction in progress (a) 1,194,110 699,720 2,992,500 2,430,942 Less accumulated depreciation and amortization (843,925 ) (770,489 ) $ 2,148,575 $ 1,660,453

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Summary of ROU Assets and Lease Liabilities	The following table summarizes the ROU assets and lease liabilities recorded on the Company’s consolidated balance sheets as of June 30, 2021 and 2020: Line Item in the Company’s June 30, 2021 June 30, 2020 Right-of-use Operating leases Right-of-use $ 268,568 $ 220,328 Lease liabilities: Operating leases, current Operating lease liabilities, current $ 68,544 $ 53,388 Operating leases, noncurrent Operating lease liabilities, noncurrent 224,729 174,219 Total lease liabilities $ 293,273 $ 227,607
Lease, Cost	The following table summarizes the activity recorded within the Company’s consolidated and combined statements of operations for the years ended June 30, 2021 and 2020: Line Item in the Company’s Consolidated Years Ended June 30, 2021 2020 Operating lease cost Direct operating expenses $ 31,074 $ 32,348 Operating lease cost Selling, general and administrative expenses 20,898 19,525 Short-term lease cost Direct operating expenses — 348 Variable lease cost Direct operating expenses 1,810 4,008 Variable lease cost Selling, general and administrative expenses 57 61 Total lease cost $ 53,839 $ 56,290
Operaing Lease Maturity Schedule	Maturities of operating lease liabilities as of June 30, 2021 are as follows: Fiscal year ending June 30, 2022 $ 71,346 Fiscal year ending June 30, 2023 72,248 Fiscal year ending June 30, 2024 52,311 Fiscal year ending June 30, 2025 33,751 Fiscal year ending June 30, 2026 30,248 Thereafter 150,473 Total lease payments 410,377 Less imputed interest 117,104 Total lease liabilities (a) $ 293,273 (a) Operating lease payments exclude minimum lease payments related to a location associated with the entertainment dining and nightlife offerings as the Company has not yet taken possession of the space.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying Amount of Goodwill by Reportable Segment	The carrying amounts and activity of goodwill from June 30, 2019 through June 30, 2021 are as follows: Entertainment Tao Group Total Balance as of June 30, 2019 $ 76,975 $ 88,583 $ 165,558 Allocation to the assets held for sale, subsequently sold (a) (2,666 ) — (2,666 ) Goodwill impairment (b) — (88,583 ) (88,583 ) Balance as of June 30, 2020 $ 74,309 $ — $ 74,309 Acquisition of Hakkasan (c) — 3,378 3,378 Balance as of June 30, 2021 $ 74,309 $ 3,378 $ 77,687 (a) In connection with the execution of the MIPA on March 24, 2020, pursuant to which the Company agreed to sell the Forum in Inglewood (see Note 3), the Company allocated $2,666 of goodwill associated with the Forum to assets held for sale in accordance with FASB ASC Topic 350, Intangibles — Goodwill and Other, ASC Subtopics 350-20-40-1 350-20-40-7. (b) 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. During the third quarter of Fiscal Year 2020, the Company’s operating results were, and continue to be, materially impacted by the COVID-19 COVID-19 COVID-19 non-cash . (c) The TAO Group’s purchase price allocation for the Hakkasan acquisition is preliminary and could be subject to further revision as additional information related to the fair value of the identifiable net assets and redeemable noncontrolling interests becomes available during the measurement period that concludes in April 2022. Goodwill recognized in this acquisition is not deductible for income tax purposes. See Note 3 for more information on the allocation of the purchase price and goodwill recognized in connection with this acquisition.
Schedule of Indefinite-Lived Intangible Assets	The Company’s indefinite-lived intangible assets, all of which are within the Entertainment segment, as of June 30, 2021 and 2020 are as follows: June 30, June 30, Trademarks 61,881 61,881 Photographic related rights 1,920 1,920 $ 63,801 $ 63,801 During the first quarter of Fiscal Year 2021, the Company performed its annual impairment test of indefinite-lived intangible assets and determined that there were no impairments of indefinite-lived intangibles identified as of the impairment test date.
Schedule of Intangible Assets Subject to Amortization	The Company’s intangible assets subject to amortization are as follows: June 30, 2021 Estimated Useful Lives Gross Accumulated Amortization Net Trade names (a) 2 years to 25 years $ 121,000 $ (25,605 ) $ 95,395 Venue management contracts 5.67 years to 20 years 85,700 (17,518 ) 68,182 Non-compete 5.75 years 9,000 (6,913 ) 2,087 Festival rights 15 years 8,080 (2,696 ) 5,384 Other intangibles (c) 15 years 4,217 (3,814 ) 403 $ 227,997 $ (56,546 ) $ 171,451 June 30, 2020 Gross Accumulated Amortization Net Trade names (a) $ 97,530 $ (20,774 ) $ 76,756 Venue management contracts (b) 79,000 (15,590 ) 63,410 Non-compete 9,000 (5,348 ) 3,652 Festival rights 8,080 (2,156 ) 5,924 Other intangibles (c) 4,217 (3,533 ) 684 $ 197,827 $ (47,401 ) $ 150,426 (a) The increase in trade names of $23,470 in Fiscal Year 2021, is primarily attributable to Tao Group Hospitality’s acquisition of Hakkasan. Such trade names were valued using unobservable inputs within Level III of the fair value hierarchy, utilizing the discounted cash flow models and relief-from-royalty approach with a weighted-average amortization period of approximately 17.7 years. During Fiscal Year 2020, the Company recorded a non-cash COVID-19 (b) The increase in venue management contracts of $23,700 in Fiscal Year 2021, is attributable to Tao Group Hospitality’s acquisition of Hakkasan. Such contracts were valued using unobservable inputs within Level III of the fair value hierarchy, utilizing the discounted cash flow models with a weighted-average amortization period of approximately 11.8 years. In addition, during the third quarter of Fiscal Year 2021, the Company recorded $14,280 of accelerated amortization expense for certain venue management contracts (gross cost of $17,000) as a result of Tao Group Hospitality converting certain venues to operating leases that were previously under management contracts.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The Company expects its annual amortization expense for existing intangible assets subject to amortization for each fiscal year from 2022 through 2026 to be as follows: Fiscal year ending June 30, 2022 $ 14,558 Fiscal year ending June 30, 2023 13,350 Fiscal year ending June 30, 2024 12,676 Fiscal year ending June 30, 2025 12,676 Fiscal year ending June 30, 2026 12,668

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Other Commitments	As of June 30, 2021, commitments of the Company in the normal course of business in excess of one year are as follows: Commitments (a) (b) Debt (c) Other (d) Total (e) Fiscal year ending June 30, 2022 $ 12,750 $ 120,132 $ 132,882 Fiscal year ending June 30, 2023 17,137 118 17,255 Fiscal year ending June 30, 2024 34,000 118 34,118 Fiscal year ending June 30, 2025 6,500 57 6,557 Fiscal year ending June 30, 2026 620,750 — 620,750 Thereafter — — — $ 691,137 $ 120,425 $ 811,562 (a) The Company’s material off balance sheet arrangements primarily include (i) MSG Sphere in Las Vegas related commitments of approximately $1,025,000 for which the timing of future cash payments is uncertain and may change as development and construction progresses, (ii) $60,458 of operating lease payments for a lease in Burbank (excluding tenant allowance reimbursement of $24,000), which was not recognized on the Consolidated Balance Sheet as of June 30, 2021 since the Company has not yet taken possession of the property, (iii) $60,310 of commitments for capital expenditures, equipment purchases, and services agreements, and (iv) letters of credit of $4,226 obtained by the Company as collateral for lease agreements of the Company and Tao Group Hospitality. (b) See Note 10 for more information regarding the Company’s contractually obligated minimum lease payments for operating leases having an initial noncancelable term in excess of one year for the Company’s venues, including the Tao Group Hospitality venues and various corporate offices. These commitments are presented exclusive of the imputed interest used to reflect the payment’s present value. In addition, see Note 24 Subsequent Events for a discussion of the amendment and extension of the Radio City Music Hall lease, executed in July 2021. (c) See Note 14 for more information regarding the principal repayments required under the National Properties Term Loan Facility and the Tao Senior Secured Credit Facilities and a note with respect to a loan of $637 received by BCE from its noncontrolling interest holder that is due in April 2023.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on a Recurring Basis	The following table presents the Company’s assets that are measured at fair value within Level I of the fair value hierarchy on a recurring basis using observable inputs that reflect quoted prices for identical assets in active markets. These assets include (i) cash equivalents in money market accounts, time deposits and U.S. treasury bills, (ii) short-term investments in term deposits and U.S. treasury bills, (iii) notes receivable, and (iv) equity investments with readily determinable fair value: Line Item on Consolidated Balance Sheet June 30, 2021 2020 Assets: Money market accounts (a) Cash and cash equivalents $ 362,237 $ — Time deposits (a) Cash and cash equivalents 691,521 777 U.S. treasury bills (a) Cash and cash equivalents — 699,945 Term deposits (b) Short-term investments — 37,250 U.S. treasury bills (b) Short-term investments — 299,942 Notes receivable (b) Other current assets — 6,328 Equity investments with readily determinable fair value (c) Other assets 86,264 57,061 Total assets measured at fair value $ 1,140,022 $ 1,101,303 (a) The carrying amount of the Company’s cash equivalents in money market accounts, time deposits, and U.S. treasury bills approximate fair value due to their short-term maturities. (b) As of June 30, 2020, the Company’s short-term investments consisted of investments that (i) had original maturities of greater than three months and (ii) could be converted into cash by the Company within one year. In addition, the Company’s notes receivable were invested with a banking institution as collateral for issuances of letters of credit. The Company’s notes receivable and short-term investments in term deposits were carried at cost, including interest accruals, which approximated fair value and were classified within Level I of the fair value hierarchy. (c) See Note 7 for more information on the Company’s equity investments with readily determinable fair value in Townsquare and DraftKings.
Schedule of Financial Instruments	the carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: June 30, 2021 June 30, 2020 Carrying Value Fair Value Carrying Value Fair Value Liabilities Current and non-current (a) $ 646,750 $ 669,386 $ — $ — Current and non-current (a) 43,750 43,851 33,750 32,367 (a) On May 23, 2019, Tao Group Intermediate Holdings LLC and Tao Group Operating LLC entered into a $40,000 five-year term loan facility and a $25,000 five-year term revolving facility. On November 12, 2020, MSG National Properties and certain subsidiaries of the Company entered into the National Properties Term Loan Facility, providing a five-year $650,000 term loan 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 14 for more information and outstanding balances on this long-term debt.

Credit Facilities (Tables)

Credit Facilities (Tables)	12 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt	Long-term debt maturities over the next five years for the outstanding balance under the Tao Term Loan Facility (a) Tao Term Loan National Total Fiscal year ending June 30, 2022 $ 6,250 $ 6,500 $ 12,750 Fiscal year ending June 30, 2023 10,000 6,500 16,500 Fiscal year ending June 30, 2024 (a) 27,500 6,500 34,000 Fiscal year ending June 30, 2025 — 6,500 6,500 Fiscal year ending June 30, 2026 — 620,750 620,750 Thereafter — — — $43,750 $646,750 $690,500 (a) Repayment balance for the fiscal year ending June 30, 2024 includes the $15,000 borrowing outstanding under the Tao Revolving Credit Facility as of June 30, 2021.
Schedule of Long-term Debt Instruments	The following table summarizes the presentation of the outstanding balances under the Tao Term Loan Facility, the Tao Revolving Credit Facility and the National Properties Term Loan Facility, as well as the related deferred financing costs in the accompanying consolidated balance sheets as of June 30, 2021 and 2020.​​​​​​​ June 30, 2021 June 30, 2020 Principal Unamortized Net (a) Principal Unamortized Net (a) Current portion National Properties Term Loan Facility $ 6,500 $ (6,783 ) $ (283 ) $ — $ — $ — Tao Term Loan Facility 6,250 (239 ) 6,011 5,000 (208 ) 4,792 Current portion of long-term debt, net of deferred financing costs (a) $ 12,750 $ (7,022 ) $ 5,728 $ 5,000 $ (208 ) $ 4,792 June 30, 2021 June 30, 2020 Principal Unamortized Net (a) Principal Unamortized Net (a) Noncurrent portion National Properties Term Loan Facility (a) $ 640,250 $ (22,819 ) $ 617,431 $ — $ — $ — Tao Term Loan Facility 22,500 (475 ) 22,025 28,750 (624 ) 28,126 Tao Revolving Credit Facility (b) 15,000 — 15,000 — — — Long-term debt, net of deferred financing costs (a) $ 677,750 $ (23,294 ) $ 654,456 $ 28,750 $ (624 ) $ 28,126 (a) In addition to the outstanding balance associated with the Tao Term Loan Facility, the Tao Revolving Credit Facility and the National Properties Term Loan Facility disclosed above, the Company’ s Long-term debt, net of deferred financing costs in the accompanying consolidated balance sheet of $655,093 as of June 30, 2021 included $637 of the note with respect to a loan received by BCE from its noncontrolling interest holder that is due in April 2023. (b) Unamortized deferred financing costs associated with Tao Revolving Credit Facility are presented under the captions Other current assets and Other assets in the accompanying consolidated balance sheets:
Schedule of Deferred Financing Costs	June 30, June 30, Other current assets $ 108 $ 85 Other assets 207 248
Schedule of Cash Flow, Supplemental Disclosures	During the years ended June 30, 2021, 2020 and 2019, interest payments and loan principal repayments made by the Company under the Tao Senior Credit Agreement for term loan and revolving credit facilities and National Properties Term Loan Facility were as follows: Interest Payments Loan Principal Repayments Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 National Properties Term Loan Facility $ 22,879 $ — $ — $ 3,250 $ — $ — Tao Senior Credit Agreement 1,128 1,817 13,084 5,000 21,250 109,312 $ 24,007 $ 1,817 $ 13,084 $ 8,250 $ 21,250 $ 109,312

Pension Plans and Other Postr_2

Pension Plans and Other Postretirement Benefit Plan (Tables)	12 Months Ended
	Jun. 30, 2021
Retirement Benefits [Abstract]
Schedule of Net Funded Status	Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Change in benefit obligation: Benefit obligation at beginning of period $ 174,892 $ 173,569 $ 3,658 $ 4,307 Service cost 96 95 47 56 Interest cost 3,385 5,261 45 108 Actuarial loss (gain) 1,981 12,670 (76 ) 277 Benefits paid (4,410 ) (6,698 ) (390 ) (1,090 ) Curtailments (91 ) — — — Plan settlements paid (3,777 ) (551 ) — — Other (177 ) (74 ) (66 ) — Transfer of liabilities (a) — (9,380 ) — — Benefit obligation at end of period 171,899 174,892 3,218 3,658 Change in plan assets: Fair value of plan assets at beginning of period 151,756 132,965 — — Actual return on plan assets 1,969 18,221 — — Employer contributions 60 7,260 — — Benefits paid (4,409 ) (6,690 ) — — Plan settlements paid (3,724 ) — — — Fair value of plan assets at end of period 145,652 151,756 — — Funded status at end of period $ (26,247 ) $ (23,136 ) $ (3,218 ) $ (3,658 )
Schedule of Amounts Recognized in Balance Sheet	Amounts recognized in the consolidated and combined balance sheets as of June 30, 2021 and 2020 consist of: Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Current liabilities (included in accrued employee related costs) $ (260 ) $ (331 ) $ (369 ) $ (331 ) Non-current (25,987 ) (22,805 ) (2,849 ) (3,327 ) $ (26,247 ) $ (23,136 ) $ (3,218 ) $ (3,658 )
Schedule of Net Periodic Benefit Cost Not yet Recognized	Accumulated other comprehensive loss, before income tax, as of June 30, 2021 and 2020 consists of the following amounts that have not yet been recognized in net periodic benefit cost: Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Actuarial loss $ (39,957 ) $ (36,704 ) $ (786 ) $ (1,025 )
Schedule of Net Periodic Benefit Cost	The following table presents components of net periodic benefit cost for the Pension Plans and Postretirement Plan included in the accompanying consolidated and combined statements of operations for the years ended June 30, 2021, 2020 and 2019. 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 (expense), net. Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 Service cost $ 96 $ 95 $ 91 $ 47 $ 56 $ 57 Interest cost 3,385 5,261 5,895 45 108 150 Expected return on plan assets (5,232 ) (5,319 ) (3,133 ) — — — Recognized actuarial loss 1,093 1,336 1,281 98 6 5 Amortization of unrecognized prior service cost (credit) — — — — — (7 ) Settlement loss recognized (a) 870 67 52 — — — Other — — — — — (1,513 ) Net periodic benefit cost $ 212 $ 1,440 $ 4,186 $ 190 $ 170 $ (1,308 ) Contributory charge to Madison Square Garden Sports Corp. for participation in the Shared Plans and all allocation of costs related to the corporate employees — (173 ) (692 ) — (26 ) 231 Net periodic benefit cost reported in the consolidated and combined statements of operations $ 212 $ 1,267 $ 3,494 $ 190 $ 144 $ (1,077 )
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 Actuarial gain (loss), net $ (5,244 ) $ 232 $ (3,137 ) $ 76 $ (277 ) $ 572 Recognized actuarial loss 1,093 1,336 1,281 98 6 5 Recognized prior service credit — — — — — (7 ) Curtailments 91 — — 65 — — Settlement loss recognized 870 67 52 — — — Total recognized in other comprehensive income (loss) $ (3,190 ) $ 1,635 $ (1,804 ) $ 239 $ (271 ) $ 570
Schedule of Assumptions Used	Weighted-average assumptions used to determine benefit obligations (made at the end of the period) as of June 30, 2021 and 2020 are as follows: Pension Plans Postretirement Plan June 30, June 30, 2021 2020 2021 2020 Discount rate 2.87 % 3.21 % 2.17 % 2.09 % Interest crediting rate 2.32 % 1.37 % n/a n/a Healthcare cost trend rate assumed for next year n/a n/a 6.25 % 6.50 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) n/a n/a 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate n/a n/a 2027 2027
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates	Weighted-average assumptions used to determine net periodic benefit cost (made at the beginning of the period) for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019 are as follows: Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2021 2020 2019 2021 2020 2019 Discount rate—projected benefit obligation 2.84 % 3.58 % 4.19 % 2.09 % 3.18 % 4.06 % Discount rate—service cost 3.20 % 3.78 % 4.25 % 2.15 % 3.45 % 4.25 % Discount rate—interest cost 1.92 % 3.21 % 3.90 % 1.23 % 2.84 % 3.67 % Expected long-term return on plan assets 4.02 % 5.28 % 3.72 % n/a n/a n/a Interest crediting rate 1.37 % 3.28 % 2.82 % n/a n/a n/a Healthcare cost trend rate assumed for next year n/a n/a n/a 6.50 % 6.75 % 7.00 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) n/a n/a n/a 5.00 % 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate n/a n/a n/a 2027 2027 2027
Schedule of Allocation of Plan Assets	The weighted-average asset allocation of the Pension Plans’ assets at June 30, 2021 and 2020 was as follows: June 30, Asset Classes (a) : 2021 2020 Fixed income securities 98 % 99 % Cash equivalents 2 % 1 % 100% 100%
Schedule of Changes in Fair Value of Plan Assets	The cumulative fair values of the individual plan assets at June 30, 2021 and 2020 by asset class are as follows: Fair Value June 30, 2021 2020 Fixed income securities: U.S. Treasury securities (a) I $ — $ 3,825 U.S. corporate bonds (b) II 100,229 110,542 Foreign issues (c) II 20,119 13,764 Municipal bonds (d) II 3,880 4,146 Money market accounts (e) I 2,753 1,329 Common collective trust (f) II 18,669 18,150 Total investments measured at fair value $ 145,650 $ 151,756
Schedule of Expected Benefit Payments	The following table presents estimated future fiscal year benefit payments for the Pension Plans and Postretirement Plan: Pension Plans Postretirement Plan Fiscal year ending June 30, 2022 $ 11,927 $ 369 Fiscal year ending June 30, 2023 8,305 349 Fiscal year ending June 30, 2024 7,904 319 Fiscal year ending June 30, 2025 7,977 332 Fiscal year ending June 30, 2026 8,540 322 Fiscal years ending June 30, 2027 – 2031 43,320 1,054
Schedule of Multiemployer Plans	The following table outlines the Company’s participation in multiemployer defined benefit pension plans for the years ended June 30, 2021, 2020 and 2019, and summarizes the contributions that the Company has made during each period. The “EIN” and “Pension Plan Number” columns provide the Employer Identification Number and the three-digit plan number for each applicable plan. The most recent Pension Protection Act zone status available as of June 30, 2021 and 2020 relates to the plan’s two most recent years ended which are indicated. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The “FIP/RP Status Pending/Implemented” column indicates whether a funding improvement plan (“FIP”) for yellow/orange zone plans or a rehabilitation plan (“RP”) for red zone plans is either pending or has been implemented by the trustees of such plan. The zone status and any FIP or RP information is based on information that the Company received from the plan, and the zone status is as certified by the plan’s actuary. The last column lists the expiration date(s) or a range of expiration dates of the CBA to which the plans are subject. There are no other significant changes that affect such comparability. PPA Zone Status Company Contributions As of June 30, Years Ended June 30, Plan Name EIN Pension 2021 2020 FIP/RP 2021 2020 2019 Surcharge Expiration Date of CBA Pension Fund of Local No. 1 of I.A.T.S.E. 136414973 001 Gree as of 2020-12-31 Gree as of 2019-12-31 N $ 194 $ 1,831 $ 2,529 N 6/30/2021 - 5/1/2023 All Other Multiemployer Defined Benefit Pension Plans 584 3,137 3,234 $ 778 $ 4,968 $ 5,763
Plans Providing More Than 5 Percent of Total Contributions	The Company was listed in the following plans’ Form 5500’s as providing more than 5 percent of the total contributions for the following plans and plan years: Fund Name Exceeded 5 Year Contributions to Plan Exceeded 5 Percent of Total Contributions (As of Plan’s Year-End) Pension Fund of Local No. 1 of I.A.T.S.E True December 31, 2019, 2018 and 2017 32BJ/Broadway League Pension Fund True December 31, 2019, 2018 and 2017 Treasurers and Ticket Sellers Local 751 Pension Fund True August 31, 2020, 2019 and 2018

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Share-based Compensation Expense	The following table presents the share-based compensation expense recorded during Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019. Years Ended June 30, 2021 (b) 2020 2019 Nonperformance and performance based RSUs $ 40,195 $ 36,811 $ 31,509 Stock options (c) 12,722 5,379 3,892 Total share-based compensation expense (a) $ 52,917 $ 42,190 $ 35,401
Share-based Payment Arrangement, Restricted Stock Unit, Activity	The following table summarizes activity related to the Company’s RSUs for Fiscal Year 2021: Number of Weighted- Fair Value Per Share At Date of Grant Nonperformance Based Vesting RSUs (In Thousands) Performance Based Vesting RSUs (In Thousands) Unvested award balance as of June 30, 2020 277 328 $ 75.34 Granted 424 343 $ 72.81 Vested (156 ) (106 ) $ 70.84 Forfeited (48 ) (54 ) $ 72.46 Cancelled — (32 ) $ 88.58 Unvested award balance as of June 30, 2021 497 479 $ 74.42
Share-based Payment Arrangement, Option, Activity	The following table summarizes activity related to the Company’s stock options for the year ending June 30, 2021: Number of Time Vesting (In Thousands) Weighted- Weighted-Average Aggregate Balance as of June 30, 2020 543 $ 99.68 Cancelled (449 ) $ 107.07 Balance as of June 30, 2021 94 $ 64.36 6.46 $ 1,840 Exercisable as of June 30, 2021 94 $ 64.36 6.46 $ 1,840

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Jun. 30, 2021
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table details the components of accumulated other comprehensive loss: Pension Plans and Postretirement Plan Cumulative Accumulated Other Comprehensive Loss Balance as of June 30, 2020 $ (39,322 ) $ (12,535 ) $ (51,857 ) Other comprehensive income (loss): Other comprehensive loss before reclassifications — 27,688 27,688 Amounts reclassified from accumulated other comprehensive loss (a) (2,951 ) — (2,951 ) Other comprehensive income (loss), total (2,951 ) 27,688 24,737 Balance as of June 30, 2021 $ (42,273 ) $ 15,153 $ (27,120 ) Pension Plans and Postretirement Plan Cumulative Accumulated Other Comprehensive Loss Balance as of June 30, 2019 $ (42,080 ) $ (4,843 ) $ (46,923 ) Other comprehensive income (loss): Other comprehensive loss before reclassifications (45 ) (7,692 ) (7,737 ) Amounts reclassified from accumulated other comprehensive loss (a) 1,409 — 1,409 Other comprehensive income (loss), total 1,364 (7,692 ) (6,328 ) Adjustment related to the transfer of Pension Plans and Postretirement Plan liabilities as a result of the Entertainment Distribution 1,394 — 1,394 Balance as of June 30, 2020 $ (39,322 ) $ (12,535 ) $ (51,857 ) Pension Plans and Postretirement Plan Cumulative Unrealized Gain Available-for-sale Securities (b) Accumulated Other Comprehensive Loss Balance as of June 30, 2018 $ (40,846 ) $ (502 ) $ (5,570 ) $ (46,918 ) Reclassification of unrealized loss on available-for — — 5,570 5,570 Other comprehensive loss: Other comprehensive loss before reclassifications (2,565 ) (4,341 ) — (6,906 ) Amounts reclassified from accumulated other comprehensive loss (a) 1,331 — — 1,331 Other comprehensive loss, total (1,234 ) (4,341 ) — (5,575 ) Balance as of June 30, 2019 $ (42,080 ) $ (4,843 ) $ — $ (46,923 ) (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 (expense), net in the accompanying consolidated and combined statements of operations (see Note 15). (b) As of July 1, 2018, upon adoption of ASU No. 2016-01, pre-tax

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) is comprised of the following components: Years Ended June 30, 2021 2020 2019 Current expense (benefit): Federal $ (6,400 ) $ 8,558 $ — State and other (2,491 ) 7,009 814 (8,891) 15,567 814 Deferred expense (benefit): Federal (627 ) (6,083 ) (350 ) State and other 147 (4,438 ) (21 ) (480) (10,521) (371) Income tax expense (benefit) $ (9,371 ) $ 5,046 $ 443
Schedule of Effective Income Tax Rate Reconciliation	The income tax expense (benefit) differs from the amount derived by applying the statutory federal rate to pre Years Ended June 30, 2021 2020 2019 Federal tax expense (benefit) at statutory federal rate $ (85,036 ) $ (1,592 ) $ (4,204 ) State income taxes, net of federal benefit (40,546 ) 4,259 1,996 Change in the estimated applicable tax rate used to determine deferred taxes (3,368 ) 1,237 (454 ) Nondeductible transaction costs — 6,961 — Federal tax credits — (1,480 ) (1,900 ) GAAP income of consolidated partnership attributable to non-controlling 3,857 6,701 2,571 Tax effect of indefinite intangible amortization 1,072 993 449 Change in valuation allowance 109,588 (14,895 ) (3,148 ) Nondeductible officers’ compensation (a) 5,311 4,407 7,655 Nondeductible expenses 409 690 809 Excess tax benefit related to shared based-payments awards (1,066 ) (2,276 ) (3,376 ) Other 408 41 45 Income tax expense (benefit) $ (9,371 ) $ 5,046 $ 443 (a) The Tax Cuts and Jobs Act, enacted on December 22, 2017, included changes to Internal Revenue Code Section 162(m), including elimination of the exception for qualified performance-based compensation over the $1,000 annual limit. Accordingly, effective January 1, 2018, all compensation for certain officers in excess of $1,000 is generally nondeductible.
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and liabilities at June 30, 2021 and 2020 are as follows: June 30, 2021 2020 Deferred tax asset: Net operating loss (“NOL”) carryforwards $ 166,420 $ 1,575 Tax credit carryforwards 532 532 Accrued employee benefits 24,825 26,538 Restricted stock units and stock options 12,527 14,267 Deferred revenue 42,616 45,050 Right-of-use 8,234 — Investments 63,639 39,737 Other — 1,062 Total deferred tax assets $ 318,793 $ 128,761 Less valuation allowance (145,178 ) (29,952 ) Net deferred tax assets $ 173,615 $ 98,809 Deferred tax liabilities: Intangible and other assets $ (38,578 ) $ (39,893 ) Property and equipment (124,864 ) (59,077 ) Prepaid expenses (4,355 ) (7,595 ) Capitalized interest related to MSG Sphere (16,408 ) (4,694 ) Other (1,382 ) — Total deferred tax liabilities $ (185,587 ) $ (111,259 ) Net deferred tax liability $ (11,972 ) $ (12,450 )

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. The significant components of these amounts are discussed below. These amounts are reflected in revenues and operating expenses in the accompanying consolidated and combined statements of operations for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019: Years Ended June 30, 2021 2020 2019 Revenues $ 49,969 $ 18,408 $ 18,259 Operating expenses (credits): Revenue sharing expenses $ 1,025 $ 110,002 $ 145,723 Allocation of charges for venue usage to MSG Sports — (46,072 ) (47,093 ) Reimbursement under Arena License Arrangement (8,776 ) — — Corporate general and administrative — credits with MSG Sports (36,502 ) (116,946 ) (116,551 ) Corporate general and administrative — credits with MSG Networks (9,616 ) (9,772 ) (10,362 ) Consulting fees 77 214 1,792 Advertising expenses — 506 1,037 Other operating expenses (credits), net 1,991 420 (198 )

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segment	Information as to the operations of the Company’s reportable segments is set forth below. Year ended June 30, 2021 Entertainment Tao Group Purchase Inter- Total Revenues $ 82,281 $ 100,166 $ — $ (2,046 ) $ 180,401 Direct operating expenses 103,089 66,591 3,334 (1,090 ) 171,924 Selling, general and administrative expenses 268,705 54,034 — (25 ) 322,714 Depreciation and amortization 80,142 8,955 25,567 — 114,664 Restructuring charges 21,299 — — — 21,299 Operating loss (390,954 ) (29,414 ) (28,901 ) (931 ) (450,200 ) Loss in equity method investments (6,858 ) Interest income 1,273 Interest expense (208 ) Miscellaneous income, net (a) 51,062 Loss from operations before income taxes $ (404,931 ) Reconciliation of operating loss to adjusted operating loss: Operating loss $ (390,954 ) $ (29,414 ) $ (28,901 ) $ (931 ) $ (450,200 ) Add back: Non-cash (13,026 ) — — — (13,026 ) Share-based compensation expense 47,633 5,284 — — 52,917 Depreciation and amortization 80,142 8,955 25,567 — 114,664 Restructuring charges 21,299 — — — 21,299 Other purchase accounting adjustments — — 3,334 — 3,334 Adjusted operating loss $ (254,906 ) $ (15,175 ) $ — $ (931 ) $ (271,012 ) Other information: Capital expenditures (b) $ 448,962 $ 3,192 $ — $ — $ 452,154 Year ended June 30, 2020 Entertainment Tao Group Purchase Inter- Total Revenues $ 585,208 $ 180,201 $ — $ (2,473 ) $ 762,936 Direct operating expenses 388,643 116,638 4,361 (1,520 ) 508,122 Selling, general and administrative expenses 282,043 63,049 6 (461 ) 344,637 Depreciation and amortization 84,289 8,156 12,454 — 104,899 Impairment for intangibles, long-lived assets, and goodwill — 94,946 10,871 — 105,817 Gain on disposal of assets held for sale (240,783 ) — — — (240,783 ) Operating income (loss) 71,016 (102,588 ) (27,692 ) (492 ) (59,756 ) Loss in equity method investments (4,433 ) Interest income 17,993 Interest expense (240 ) Miscellaneous income, net (a) 38,855 Loss from operations before income taxes $ (7,581 ) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ 71,016 $ (102,588 ) $ (27,692 ) $ (492 ) $ (59,756 ) Add back: Share-based compensation expense 41,227 963 — — 42,190 Depreciation and amortization 84,289 8,156 12,454 — 104,899 Impairment for intangibles, long-lived assets, and goodwill — 94,946 10,871 — 105,817 Gain on disposal of assets held for sale (240,783 ) — — — (240,783 ) Other purchase accounting adjustments — — 4,367 — 4,367 Adjusted operating income (loss) $ (44,251 ) $ 1,477 $ — $ (492 ) $ (43,266 ) Other information: Capital expenditures (b) $ 448,944 $ 3,482 $ — $ — $ 452,426 Year ended June 30, 2019 Entertainment Tao Group Purchase Inter- Total Revenues $ 797,058 $ 253,651 $ — $ (1,800 ) $ 1,048,909 Direct operating expenses 513,305 153,969 4,240 (873 ) 670,641 Selling, general and administrative expenses 239,321 75,529 524 (852 ) 314,522 Depreciation and amortization 87,005 6,437 15,901 — 109,343 Operating income (loss) (42,573 ) 17,716 (20,665 ) (75 ) (45,597 ) Equity in earnings of equity method investments 7,062 Interest income 30,163 Interest expense (5,587 ) Miscellaneous expense, net (a) (6,061 ) Loss from operations before income taxes $ (20,020 ) Reconciliation of operating income (loss) to adjusted operating income (loss): Operating income (loss) $ (42,573 ) $ 17,716 $ (20,665 ) $ (75 ) $ (45,597 ) Add back: Share-based compensation expense 35,264 137 — — 35,401 Depreciation and amortization 87,005 6,437 15,901 — 109,343 Other purchase accounting adjustments — — 4,764 — 4,764 Adjusted operating income (loss) $ 79,696 $ 24,290 $ — $ (75 ) $ 103,911 Other information: Capital expenditures (b) $ 168,981 $ 15,021 $ — $ — $ 184,002 (a) Miscellaneous income (expense), net includes the following Years Ended June 30, 2021 2020 2019 Realized and unrealized gain (loss) on equity investments with readily determinable fair value, see Note 8 for further detail. $ 51,178 $ 37,628 $ (3,497 ) Non-service (264 ) (1,239 ) (2,276 ) Dividend income from equity investments — 722 1,202 Loss on extinguishment of debt associated with Tao Group Hospitality — — (3,977 ) Measurement alternative adjustments for equity investments without readily determinable fair value — (532 ) 3,340 Others, net, primarily reflects the impact of Tao Group Hospitality three-month lag elimination in Fiscal Year 2020. 148 2,276 (853 ) $ 51,062 $ 38,855 $ (6,061 ) See Note 15 for further details on the non-service (b) The Entertainment segment includes capital expenditures

Correction of Previously Issu_2

Correction of Previously Issued Consolidated and Combined Financial Statements (Tables)	12 Months Ended
	Jun. 30, 2021
Prior Period Adjustment [Abstract]
Schedule of Restatement of Financial Statements	The following tables present the effect of correcting this accounting error, which included an increase to deferred tax liabilities and an equal and corresponding offset to the valuation allowance, on the Company’s previously issued financial statements: Consolidated Balance Sheet Information As of June 30, 2021 As of June 30, 2020 As Adjustment As Revised As Adjustment As Revised Property and equipment, net $ 2,099,347 $ 49,228 $ 2,148,575 $ 1,646,115 $ 14,338 $ 1,660,453 Total assets 4,267,341 49,228 4,316,569 3,719,206 14,338 3,733,544 Additional paid-in 2,744,866 13,977 2,758,843 2,751,318 13,977 2,765,295 Retained earnings (accumulated deficit) (270,146 ) 35,251 (234,895 ) 141,936 361 142,297 Total Madison Square Garden Entertainment Corp. stockholders’ equity 2,447,841 49,228 2,497,069 2,841,637 14,338 2,855,975 Total equity 2,459,745 49,228 2,508,973 2,853,840 14,338 2,868,178 Total liabilities, redeemable noncontrollinginterests and equity 4,267,341 49,228 4,316,569 3,719,206 14,338 3,733,544 Consolidated and Combined Statement of Operations Information Year ended June 30, 2021 Year ended June 30, 2020 Year ended June 30, 2019 As Adjustment As Revised As Adjustment As Revised As Adjustment As Revised Interest expense $ (35,098 ) $ 34,890 $ (208 ) $ (2,300 ) $ 2,060 $ (240 ) $ (15,262 ) $ 9,675 $ (5,587 ) Loss from operations before income taxes (439,821 ) 34,890 (404,931 ) (9,641 ) 2,060 (7,581 ) (29,695 ) 9,675 (20,020 ) Net loss (430,450 ) 34,890 (395,560 ) (14,687 ) 2,060 (12,627 ) (30,138 ) 9,675 (20,463 ) Net income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders (412,082 ) 34,890 (377,192 ) 17,234 2,060 19,294 (17,894 ) 9,675 (8,219 ) Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (17.39 ) 1.44 (15.95 ) 0.72 0.09 0.81 (0.75 ) 0.40 (0.35 ) Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.’s stockholders (17.39 ) 1.44 (15.95 ) 0.72 0.09 0.81 (0.75 ) 0.40 (0.35 ) Consolidated and Combined Statement of Comprehensive Income (Loss) Information Year ended June 30, 2021 Year ended June 30, 2020 Year ended June 30, 2019 As Previously Adjustment As Revised As Adjustment As Revised As Adjustment As Revised Net loss $ (430,450 ) $ 34,890 $ (395,560 ) $ (14,687 ) $ 2,060 $ (12,627 ) $ (30,138 ) $ 9,675 $ (20,463 ) Comprehensive loss (405,713 ) 34,890 (370,823 ) (21,015 ) 2,060 (18,955 ) (35,713 ) 9,675 (26,038 ) Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.’s stockholders (387,345 ) 34,890 (352,455 ) 10,906 2,060 12,966 (23,469 ) 9,675 (13,794 ) Consolidated and Combined Statement of Cash Flows Information Year ended June 30, 2021 Year e Year e As Adjustment As Revised As Adjustment As Revised As Adjustment As Revised Net loss $ (430,450 ) $ 34,890 $ (395,560 ) $ (14,687 ) $ 2,060 $ (12,627 ) $ (30,138 ) $ 9,675 $ (20,463 ) Net cash provided by (used (289,480 ) 34,890 (254,590 ) 96,031 2,060 98,091 91,724 9,675 101,399 Capitalized interest — (34,890 ) (34,890 ) — (2,060 ) (2,060 ) — (9,675 ) (9,675 ) Net cash used in in v (84,440 ) (34,890 ) (119,330 ) (389,657 ) (2,060 ) (391,717 ) (228,063 ) (9,675 ) (237,738 )

Description of Business and B_2

Description of Business and Basis of Presentation (Details) $ / shares in Units, $ in Thousands	Apr. 17, 2020USD ($)segmentshares	Sep. 30, 2020USD ($)	Jun. 30, 2021USD ($)segment$ / shares	Jun. 30, 2020USD ($)	Sep. 07, 2021$ / sharesshares
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of segments | segment	2		2
Proceeds from Distribution | $	$ 816,896
Period venues were closed			3 months
Non-cash goodwill impairment charge | $		$ 0		$ 88,583
Non-cash impairment charges for property and equipment assets | $				8,047
Non-cash impairment charges for right-of-use assets | $				5,646
Non-cash impairment charges for tradename | $				3,541
MSG National Properties LLC
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt Instrument, Increase (Decrease), Other, Net | $			$ 650,000
Class A Common Stock
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares exchanged for each share of the Company's common stock | shares	1
Common stock, par value (dollars per share)			$ 0.01
Class A Common Stock | MSG Networks
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Pending Business Combination Equity Interest Issued Or Issuable Share Conversion Ratio | shares					0.172
Class A Common Stock | MSG Sports Corp
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value (dollars per share)			0.01
Class B Common Stock
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares exchanged for each share of the Company's common stock | shares	1
Common stock, par value (dollars per share)			0.01
Class B Common Stock | MSG Sports Corp
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value (dollars per share)			$ 0.01
Tao Group Hospitality
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Non-cash goodwill impairment charge | $				$ 88,583
Location under operation			51
Location remain Closed			10
Tao Group Hospitality | UNITED STATES
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			29
Tao Group Hospitality | Non-US
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			22
Tao Group Hospitality | Tao
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			23
Location remain Closed			5
Tao Group Hospitality | Tao | UNITED STATES
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			21
Tao Group Hospitality | Tao | Non-US
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			2
Tao Group Hospitality | Hakkasan
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			28
Location remain Closed			5
Tao Group Hospitality | Hakkasan | UNITED STATES
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			8
Tao Group Hospitality | Hakkasan | Non-US
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Location under operation			20
Subsequent Event | Class A Common Stock
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value (dollars per share)					$ 0.01
Subsequent Event | Class A Common Stock | MSG Networks
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value (dollars per share)					0.01
Subsequent Event | Class B Common Stock
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value (dollars per share)					0.01
Subsequent Event | Class B Common Stock | MSG Networks
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Common stock, par value (dollars per share)					$ 0.01
Pending Business Combination Equity Interest Issued Or Issuable Share Conversion Ratio | shares					0.172

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) shares in Thousands, $ in Thousands	Apr. 17, 2020shares	Jul. 31, 2013	Sep. 30, 2020USD ($)	Apr. 17, 2020USD ($)	Jun. 30, 2021USD ($)Month	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Advertising costs					$ 1,008	$ 10,579	$ 13,106
Investment owned (in shares) | shares	23,992
Allowance for doubtful accounts					$ 5,577	9,135
Permit renewal period		10 years
Number of operating segments | Month					2
Number of reporting units | Month					2
Non-cash goodwill impairment charge			$ 0			88,583
Non-cash impairment charges for property and equipment assets						8,047
Non-cash impairment charges for right-of-use assets						5,646
Non-cash impairment charges for tradename						3,541
Restricted cash					$ 22,984	17,749	10,010	$ 6,711
The Garden | MSG Sports
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Lease Income					21,345
Debt
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Restricted cash					4,800
Christmas Spectacular
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net deferred production costs					$ 6,577	6,683
Tao Group Hospitality Reporting Unit
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Non-cash goodwill impairment charge						88,583
MSG Sports Corp
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Venue usage charge				$ 45,358			$ 47,093
MSG Sports Corp | The Garden
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating Lease, Lease Income						$ 0

Acquisition and Disposition - H

Acquisition and Disposition - Hakkasan Acquisition (Details) $ in Thousands		12 Months Ended
		Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Apr. 27, 2021USD ($)Venus
Business Acquisition [Line Items]
Goodwill		$ 77,687	$ 74,309	$ 165,558
Other purchase accounting adjustments		3,334	$ 4,367	$ 4,764
Hakkasan
Business Acquisition [Line Items]
number of venues | Venus					37
Cash and cash equivalents					$ 16,737
Property and equipment, net					33,393
Right-of-use lease assets					44,818
Amortizable intangible assets, net					47,170
Other assets					12,641
Accrued expenses and other current liabilities					(15,957)
Other liabilities					(52,025)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other					(13,655)
Total identifiable net assets acquired					73,122
Goodwill	[1]				3,378
Redeemable noncontrolling interests	[2]				$ (76,500)
Other purchase accounting adjustments		1,070
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual		27,604
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual		2,896
Business Combination, Acquisition Related Costs		$ 3,686
Hakkasan | Tao Group Hospitality
Business Acquisition [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Including Subsequent Acquisition, Percentage					63.00%
Business Combination, Step Acquisition, Equity Interest in Acquiree, Percentage					77.50%
Hakkasan | Hakkasan Parent | Tao Group Hospitality
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners					18.00%
Hakkasan | Tao Group Sub-Holdings LLC | Tao Group Hospitality
Business Acquisition [Line Items]
Common equity interest (as a percent)					82.00%
[1]	Primarily represents expected synergies from combining operations of Hakkasan and Tao Group Hospitality, and is not deductible for income tax purposes.
[2]	Hakkasan Parent has the right to put its equity interest in Tao Group Sub-Holdings LLC to Tao Group Hospitality for fair market value (subject to a floor value determined based upon a multiple of trailing EBITDA) beginning in 2026 and each second year thereafter by providing notice during a 30 day window starting June 1, 2025 (and each second June 1 thereafter). Consideration paid upon exercise of the put right shall be, at the option of Tao Group Hospitality, in cash, debt, or stock of the Company or its successor, subject to certain limitations. Additionally, Tao Group Hospitality may elect to satisfy this put obligation through a sale of Tao Group Sub-Holdings or a going public transaction with respect to Tao Group Sub-Holdings.

Acquisition and Disposition - T

Acquisition and Disposition - Tao Group Hospitality Additional Interest Acquisition (Narrative) (Details) $ in Thousands	Jan. 22, 2020USD ($)shares	Jun. 30, 2020Noncontrolling_interest_holder
Business Acquisition [Line Items]
Issuance of shares by noncontrolling interest holders (in shares) | shares	102
Decrease in carrying value of redeemable noncontrolling interests | $	$ 37,715
Number of noncontrolling interest holders party to amended employment agreements | Noncontrolling_interest_holder		2
Tao Group Hospitality
Business Acquisition [Line Items]
Common equity interest (as a percent)	78.00%
Tao Group Hospitality
Business Acquisition [Line Items]
Additional common equity interest acquired (as a percent)	15.00%

Acquisition and Disposition - D

Acquisition and Disposition - Disposition of The Forum (Narrative) (Details) - USD ($) $ in Thousands	Dec. 05, 2018	Jun. 30, 2020	Mar. 24, 2020
Membership Interest Purchase Agreement
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration for sale of business			$ 400,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Forum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale		$ 240,783
Transaction cost		50,806
Gain on sale attributable to settlement of related litigation		140,495
Consulting service fee		$ 48,742
Discontinued Operations, Disposed of by Sale | Azoff Music
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Remaining interest sold (as a percent)	50.00%

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Revenue Not from Contract with Customer, Other	$ 24,325
Allowance for doubtful accounts	5,577	$ 9,135
Financing Receivable, Allowance for Credit Loss, Writeoff	4,026
Provision for Other Credit Losses	468
Revenue-sharing expense | MSG Sports Corp
Related Party Transaction [Line Items]
Expense incurred for related party share of suite license and sponsorship revenue	$ 1,025	$ 110,002	$ 145,723

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		$ 156,076	$ 762,936	$ 1,048,909
Revenues	[1]	180,401	762,936	1,048,909
Operating Leases, Income Statement, Lease Revenue		24,325
Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		98,327	178,819	252,724
Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		8,311	310,971	420,285
Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		43,516	199,001	265,331
Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		3,078	62,341	83,307
Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		2,844	11,804	27,262
Eliminations
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(2,046)	(2,473)	(1,800)
Revenues		(2,046)	(2,473)	(1,800)
Eliminations | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(1,839)	(1,382)	(927)
Eliminations | Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0	0
Eliminations | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(207)	(1,091)	(873)
Eliminations | Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0	0
Eliminations | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0	0
Entertainment
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				797,058
Entertainment | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				0
Entertainment | Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				420,285
Entertainment | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				266,204
Entertainment | Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				83,307
Entertainment | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				27,262
Entertainment | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		57,956	585,208	797,058
Revenues		82,281	585,208	797,058
Entertainment | Operating Segments | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0
Entertainment | Operating Segments | Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		8,311	310,971
Entertainment | Operating Segments | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		43,723	200,092
Entertainment | Operating Segments | Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		3,078	62,341
Entertainment | Operating Segments | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		2,844	11,804
Tao Group Hospitality
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				253,651
Tao Group Hospitality | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				253,651
Tao Group Hospitality | Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				0
Tao Group Hospitality | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				0
Tao Group Hospitality | Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				0
Tao Group Hospitality | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers				0
Tao Group Hospitality | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		100,166	180,201	253,651
Tao Group Hospitality | Operating Segments | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		100,166	180,201
Tao Group Hospitality | Operating Segments | Ticketing and venue license fee revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0
Tao Group Hospitality | Operating Segments | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0
Tao Group Hospitality | Operating Segments | Food, beverage and merchandise revenues
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0
Tao Group Hospitality | Operating Segments | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		0	0
Transferred at Point in Time | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		96,865	551,847	763,090
Transferred at Point in Time | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		38,374	33,742	41,061
Transferred at Point in Time | Eliminations | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(1,522)	(507)	(852)
Transferred at Point in Time | Eliminations | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(317)	(875)	(75)
Transferred at Point in Time | Entertainment | Operating Segments | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		14,062	390,691	529,737
Transferred at Point in Time | Entertainment | Operating Segments | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		27,586	17,719	23,478
Transferred at Point in Time | Tao Group Hospitality | Operating Segments | Event-related and entertainment dining and nightlife offerings
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		84,325	161,663	234,205
Transferred at Point in Time | Tao Group Hospitality | Operating Segments | Other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		11,105	16,898	17,658
Transferred over Time | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		20,837	177,347	244,758
Transferred over Time | Eliminations | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		(207)	(1,091)	(873)
Transferred over Time | Entertainment | Operating Segments | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		16,308	176,798	243,843
Transferred over Time | Tao Group Hospitality | Operating Segments | Sponsorship and signage, suite, and advertising commission revenues (b)
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		$ 4,736	$ 1,640	$ 1,788
[1]	Includes revenues from related parties of $49,969, $18,408 and $18,259 for the years ended June 30, 2021, 2020 and 2019, respectively.

Revenue Recognition - Contract

Revenue Recognition - Contract Balances (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Contract Balances [Line Items]
Revenue recognized	$ 11,204
Receivables from contracts with customers, net
Contract Balances [Line Items]
Contract balance, assets	86,454	$ 59,828	$ 81,170
Other current assets
Contract Balances [Line Items]
Contract balance, assets	7,052	3,850	6,873
Deferred revenue, including non-current portion
Contract Balances [Line Items]
Contract balance, liabilities	210,037	193,112	197,047
Net related party receivables
Contract Balances [Line Items]
Contract balance, assets	$ 4,848	$ 2,644	$ 126

Revenue Recognition - Remaining

Revenue Recognition - Remaining Performance Obligation (Details) $ in Thousands	Jun. 30, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-06-30
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 432,460
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]
Remaining performance obligations	$ 101,393
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]
Remaining performance obligations	$ 96,749
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]
Remaining performance obligations	$ 77,948
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]
Remaining performance obligations	$ 55,945
Expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 43,180
Expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 57,245
Expected timing of satisfaction, period	1 year

Restructuring Charges (Details)

Restructuring Charges (Details) $ in Thousands	1 Months Ended		12 Months Ended
	Nov. 30, 2020Employee	Aug. 31, 2020Employee	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
Restructuring and Related Activities [Abstract]
Number of employees furloughed | Employee	10	350
Restructuring Charges			$ 21,299	$ 0	$ 0
Restructuring Reserve			181	$ 0
Payments for Restructuring			$ (21,118)

Computation of Earnings (Loss_3

Computation of Earnings (Loss) per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands		Apr. 17, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Computation of Earnings (Loss) per Common Share [Abstract]
Distribution to Madison Square Garden Sports Corp. stockholders (in shares)		23,992,000
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders per statement of operations			$ (377,192)	$ 19,294	$ (8,219)
Adjustment of redeemable noncontrolling interest to redemption value			(8,728)	0	0
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders for EPS:			$ (385,920)	$ 19,294	$ (8,219)
Weighted-average shares for basic EPS	[1]		24,205	23,998	23,992
Dilutive effect of shares issuable under share-based compensation plans			0	19	0
Weighted-average shares for diluted EPS	[1]		24,205	24,017	23,992
Weighted-average anti-dilutive shares			0	522	0
Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders	[1]		$ (15.95)	$ 0.81	$ (0.35)
Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders	[1]		$ (15.95)	$ 0.81	$ (0.35)
[1]	On April 17, 2020 (the “Entertainment Distribution Date”), 23,992 shares of common stock were distributed to stockholders of Madison Square Garden Sports Corp. (“MSG Sports,” formerly known as The Madison Square Garden Company) as of April 13, 2020. This share amount is being utilized for the calculation of basic and diluted earnings (loss) per share for both the years ended June 30, 2019 and for the period prior to April 17, 2020 in the year ended June 30, 2020 because Madison Square Garden Entertainment Corp. was a wholly-owned subsidiary of MSG Sports. prior to the Entertainment Distribution Date.

Cash, Cash Equivalent and Res_3

Cash, Cash Equivalent and Restricted Cash (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Cash, Cash Equivalents and Restricted Cash [Abstract]
Cash and cash equivalents	$ 1,168,760	$ 906,555	$ 1,082,055	$ 1,225,645
Restricted cash	22,984	17,749	10,010	6,711
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total	$ 1,191,744	$ 924,304	$ 1,092,065	$ 1,232,356

Investments and Loans to Nonc_3

Investments and Loans to Nonconsolidated Affiliates - Equity and Other Investments without Readily Determinable Fair Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jul. 31, 2018
Schedule of Investments [Line Items]
Investment	$ 45,969	$ 52,622
Total	45,969	52,622
Impairment charge		533	$ 398
Increase in carrying value			3,738
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, beginning of period	3,500	13,867
Transfer out of Level III to Level I for investment in DraftKings	0	(9,834)
Impairment charge	0	(533)
Balance, end of period	$ 3,500	$ 3,500	13,867
SACO Technologies Inc. ("SACO")
Schedule of Investments [Line Items]
Ownership Percentage	30.00%	30.00%		30.00%
DraftKings
Schedule of Investments [Line Items]
Investment in equity without readily determinable fair value			$ 9,834
Equity method investments | SACO Technologies Inc. ("SACO")
Schedule of Investments [Line Items]
Investment	$ 36,265	$ 40,461
Equity method investments | Others
Schedule of Investments [Line Items]
Investment	6,204	8,661
Equity investments with readily determinable fair value (c)
Schedule of Investments [Line Items]
Investment	$ 3,500	$ 3,500

Investments and Loans to Nonc_4

Investments and Loans to Nonconsolidated Affiliates - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Oct. 31, 2018	Jul. 31, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Schedule of Equity Method Investments [Line Items]
Consideration paid for acquiree			$ 0	$ 1,050	$ 52,707
SACO
Schedule of Equity Method Investments [Line Items]
Interest acquired (as a percent)		30.00%	30.00%	30.00%
Equity method investments | SACO
Schedule of Equity Method Investments [Line Items]
Purchase price for interest acquired		$ 47,244
Consideration paid for acquiree	$ 4,800	42,444
Amortizable intangible assets | SACO
Schedule of Equity Method Investments [Line Items]
Difference between carrying amount of investment and equity in underlying assets		$ 25,350
Minimum
Schedule of Equity Method Investments [Line Items]
Limited Liability Company Or Limited Partnership, Ownership Interest Required To Account For Investment Under Equity Method, Percentage			3.00%
Minimum | Amortizable intangible assets | SACO
Schedule of Equity Method Investments [Line Items]
Amortization period		6 years
Maximum
Schedule of Equity Method Investments [Line Items]
Limited Liability Company Or Limited Partnership, Ownership Interest Required To Account For Investment Under Equity Method, Percentage			5.00%
Maximum | Amortizable intangible assets | SACO
Schedule of Equity Method Investments [Line Items]
Amortization period		12 years

Investments and Loans to Nonc_5

Investments and Loans to Nonconsolidated Affiliates - Investments in Equity Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Schedule of Equity Method Investments [Line Items]
Cost Basis	$ 29,258	$ 32,042
Carrying value / Fair value	86,264	57,061
Realized and unrealized gain (loss) on equity investments with readily determinable fair value, see Note 8 for further detail.	51,178	37,628	$ (3,497)
Proceeds from sale of equity securities	22,079	7,659	0
Townsquare
Schedule of Equity Method Investments [Line Items]
Unrealized Gain (Loss) on Securities	$ 26,563	$ (2,920)	(3,497)
Townsquare | Common stock | Common Class A [Member]
Schedule of Equity Method Investments [Line Items]
Units / Shares Held	583,000	3,208,000
Cost Basis	$ 4,221	$ 23,222
Carrying value / Fair value	$ 7,435	$ 14,340
Townsquare | Common stock | Common Class C
Schedule of Equity Method Investments [Line Items]
Units / Shares Held	2,625,000
Cost Basis	$ 19,001
Carrying value / Fair value	$ 33,469
DraftKings | Common stock
Schedule of Equity Method Investments [Line Items]
Units / Shares Held	869,000
Cost Basis	$ 6,036
Carrying value / Fair value	45,360
Draftkings
Schedule of Equity Method Investments [Line Items]
Units / Shares Held		1,280,000
Unrealized Gain (Loss) on Securities	26,942	$ 34,197	0
Realized gain (loss)	$ (2,327)	$ 6,351	$ 0
Shares of common stock sold	420	197	0
Proceeds from sale of equity securities	$ 22,079	$ 7,659	$ 0
Draftkings | Common stock
Schedule of Equity Method Investments [Line Items]
Cost Basis		8,798
Carrying value / Fair value		$ 42,589
Draftkings | Warrant
Schedule of Equity Method Investments [Line Items]
Units / Shares Held		9,000
Cost Basis		$ 22
Carrying value / Fair value		$ 132

Property and Equipment - Schedu

Property and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,992,500	$ 2,430,942
Less accumulated depreciation and amortization	(843,925)	(770,489)
Property and equipment, net	2,148,575	1,660,453
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	150,750	141,638
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	996,295	993,206
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	378,086	345,314
Aircraft
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 38,090	38,090
Estimated Useful Lives	20 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 38,896	42,389
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	196,273	170,585
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,194,110	$ 699,720
Minimum | Equipment
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	1 year
Minimum | Furniture and fixtures
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	1 year
Maximum | Equipment
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	20 years
Maximum | Furniture and fixtures
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	7 years

Property and Equipment - Sche_2

Property and Equipment - Schedule of Property, Plant and Equipment (Details) (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Capitalized interest	$ 34,890	$ 2,060	$ 9,675

Property and Equipment - Narrat

Property and Equipment - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Apr. 27, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,992,500	$ 2,430,942
Depreciation and amortization expense on property and equipment	88,519	91,148	$ 95,904
Hakkasan
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				$ 33,393
Construction in progress, capital expenditure accruals
Property, Plant and Equipment [Line Items]
Property and equipment, gross	106,574	78,618
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	378,086	345,314
Equipment | Hakkasan
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				4,701
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	196,273	170,585
Leasehold improvements | Hakkasan
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				26,296
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 38,896	$ 42,389
Furniture and fixtures | Hakkasan
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				$ 2,396

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	Apr. 27, 2021USD ($)Lease	Jun. 30, 2021USD ($)Lease	Jun. 30, 2020USD ($)Lease
Lessee, Lease, Description [Line Items]
Ground lease, term of contract		50 years
Cash paid for lease arrangements		$ 49,312	$ 54,980
Right-of-use asset obtained in exchange for operating lease liability, number of leases | Lease		6
Right-of-use asset obtained in exchange for operating lease liability		$ 47,790	16,765
Non-cash impairment charges for right-of-use assets			$ 5,646
Operating lease, weighted average remaining lease term		7 years 3 months 18 days
Operating lease, weighted average discount rate, percent		8.04%
ROU Obtained for lease liabilities in business combination, number of leases | Lease			3
Hakkasan
Lessee, Lease, Description [Line Items]
Business Combination, Recognized Identifiable Asset Acquired and Liability Assumed, Lease Obligation	$ 52,025
ROU Obtained for lease liabilities in business combination, number of leases | Lease	17
Minimum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract		9 months
Maximum
Lessee, Lease, Description [Line Items]
Operating lease, term of contract		19 years 6 months

Leases Leases (Assets and Liabi

Leases Leases (Assets and Liabilities Recognized) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Right-of-use lease assets	$ 268,568	$ 220,328
Operating lease liabilities, current	68,544	53,388
Operating lease liabilities, noncurrent	224,729	174,219
Total lease liabilities	293,273	227,607
Right-of-use lease assets
Lessee, Lease, Description [Line Items]
Right-of-use lease assets	268,568	220,328
Operating lease liabilities, current
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current	68,544	53,388
Operating lease liabilities, noncurrent
Lessee, Lease, Description [Line Items]
Operating lease liabilities, noncurrent	$ 224,729	$ 174,219

Leases Leases (Costs incurred i

Leases Leases (Costs incurred in the period) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Total lease cost	$ 53,839	$ 56,290
Direct operating expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	31,074	32,348
Short-term lease cost	0	348
Variable lease cost	1,810	4,008
Selling, general and administrative expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	20,898	19,525
Variable lease cost	$ 57	$ 61

Leases Leases (Remaining liabil

Leases Leases (Remaining liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Fiscal year ending June 30, 2022	$ 71,346
Fiscal year ending June 30, 2023	72,248
Fiscal year ending June 30, 2024	52,311
Fiscal year ending June 30, 2025	33,751
Fiscal year ending June 30, 2026	30,248
Thereafter	150,473
Total lease payments	410,377
Less imputed interest	117,104
Total lease liabilities	$ 293,273	$ 227,607

Lessor Arrangements (Details)

Lessor Arrangements (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2021USD ($)
Lessor, Lease, Description [Line Items]
Sublease Income	$ 2,552
Unrelated Third Party
Lessor, Lease, Description [Line Items]
Operating Lease, Lease Income	428
The Garden | MSG Sports
Lessor, Lease, Description [Line Items]
Operating Lease, Lease Income	$ 21,345

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Carrying Amount of Goodwill By Reportable Segment) (Details) - USD ($) $ in Thousands	Mar. 24, 2020	Sep. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Goodwill [Roll Forward]
Goodwill		$ 74,309	$ 74,309	$ 165,558
Acquisition of Hakkasan (c)				(2,666)
Goodwill impairment		0		88,583
Goodwill			77,687	74,309
Acquisition			3,378
Entertainment
Goodwill [Roll Forward]
Goodwill		74,309	74,309	76,975
Acquisition of Hakkasan (c)				(2,666)
Goodwill impairment				0
Goodwill			74,309	74,309
Acquisition			0
Tao Group Hospitality
Goodwill [Roll Forward]
Goodwill		$ 0	0	88,583
Acquisition of Hakkasan (c)				0
Goodwill impairment				88,583
Goodwill			3,378	$ 0
Acquisition			$ 3,378
Disposal Group, Not Discontinued Operations | Forum
Goodwill [Roll Forward]
Goodwill, transfers	$ 2,666

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	$ 63,801	$ 63,801
Trademarks | Entertainment
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	61,881	61,881
Photographic related rights | Entertainment
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	$ 1,920	$ 1,920

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Schedule of Intangible Assets Subject To Amortization) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Finite-Lived Intangible Assets [Line Items]
Gross	$ 227,997	$ 197,827
Accumulated Amortization	(56,546)	(47,401)
Net	171,451	150,426
Trade Names
Finite-Lived Intangible Assets [Line Items]
Gross	121,000	97,530
Accumulated Amortization	(25,605)	(20,774)
Net	$ 95,395	76,756
Trade Names | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	2 years
Trade Names | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	25 years
Venue Management Contracts
Finite-Lived Intangible Assets [Line Items]
Gross	$ 85,700	79,000
Accumulated Amortization	(17,518)	(15,590)
Net	$ 68,182	63,410
Venue Management Contracts | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	5 years 8 months 1 day
Venue Management Contracts | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	20 years
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Gross	$ 9,000	9,000
Accumulated Amortization	(6,913)	(5,348)
Net	$ 2,087	3,652
Noncompete Agreements | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	5 years 9 months
Festival Rights
Finite-Lived Intangible Assets [Line Items]
Gross	$ 8,080	8,080
Accumulated Amortization	(2,696)	(2,156)
Net	$ 5,384	5,924
Festival Rights | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	15 years
Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Gross	$ 4,217	4,217
Accumulated Amortization	(3,814)	(3,533)
Net	$ 403	$ 684
Other Intangible Assets | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	15 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Schedule of Finite-Lived Intangible Assets, Future Amortization Expense) (Details) - USD ($) $ in Thousands	Apr. 27, 2021	Mar. 31, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Fiscal year ending June 30, 2022			$ 14,558
Fiscal year ending June 30, 2023			13,350
Fiscal year ending June 30, 2024			12,676
Fiscal year ending June 30, 2025			12,676
Fiscal year ending June 30, 2026			12,668
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets			26,145	$ 13,751	$ 13,439
Impairment of Intangible Assets, Finite-lived			$ 3,541
Venue Management Contracts
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets		$ 14,280
Impairment of Intangible Assets, Finite-lived		$ 17
Off-Market Favorable Lease [Member] | Rent Expense [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets					$ 4,696
Hakkasan
Finite-Lived Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 47,170
Hakkasan | Trade Names
Finite-Lived Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 23,470
Hakkasan | Trade Names | Weighted Average
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	17 years 8 months 12 days
Hakkasan | Venue Management Contracts
Finite-Lived Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 23,700
Hakkasan | Venue Management Contracts | Weighted Average
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives	11 years 9 months 18 days

Commitments and Contingencies -

Commitments and Contingencies - Contractual Obligations And Off Balance Sheet Arrangements (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2021USD ($)
Other Commitments [Line Items]
Fiscal year ending June 30, 2022	$ 132,882
Fiscal year ending June 30, 2023	17,255
Long-Term Debt, Maturity, Year Two	16,500
Fiscal year ending June 30, 2024	34,118
Long-Term Debt, Maturity, Year Three	34,000
Fiscal year ending June 30, 2025	6,557
Long-Term Debt, Maturity, Year Four	6,500
Fiscal year ending June 30, 2026	620,750
Long-Term Debt, Maturity, Year Five	620,750
Thereafter	0
Long-Term Debt, Maturity, after Year Five	0
Total Commitments and Contractual Obligations	811,562
Lessee, Operating Lease, Liability, to be Paid	$ 410,377
Ground lease, term of contract	50 years
After-tax cash flow to be received (as a percent)	0.25
BCE
Other Commitments [Line Items]
Loans payable	$ 637
Off Balance Sheet [Member] | Letter of Credit
Other Commitments [Line Items]
Total Commitments and Contractual Obligations	4,226
Off Balance Sheet [Member] | Other
Other Commitments [Line Items]
Tenant Improvements	24,000
Lessee, Operating Lease, Liability, to be Paid	60,458
Off Balance Sheet [Member] | Capital Expenditures, Equipment Purchases and Other Service Agreements
Other Commitments [Line Items]
MSG Sphere related commitments	60,310
Commitments (a) (b) | Debt Repayments
Other Commitments [Line Items]
Fiscal year ending June 30, 2022	12,750
Long-Term Debt, Maturity, Year Two	17,137
Long-Term Debt, Maturity, Year Three	34,000
Long-Term Debt, Maturity, Year Four	6,500
Long-Term Debt, Maturity, Year Five	620,750
Long-Term Debt, Maturity, after Year Five	0
Total Commitments and Contractual Obligations	691,137
Commitments (a) (b) | Other
Other Commitments [Line Items]
Fiscal year ending June 30, 2022	120,132
Fiscal year ending June 30, 2023	118
Fiscal year ending June 30, 2024	118
Fiscal year ending June 30, 2025	57
Fiscal year ending June 30, 2026	0
Thereafter	0
Total Commitments and Contractual Obligations	120,425
MSG Sphere | Off Balance Sheet [Member] | Construction Contracts
Other Commitments [Line Items]
MSG Sphere related commitments	1,025,000
MSG Sphere | Commitments (a) (b)
Other Commitments [Line Items]
Fiscal year ending June 30, 2022	$ 98,000

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value, Assets Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 1,140,022	$ 1,101,303
Money market accounts (a) | Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	362,237	0
Time deposits (a) | Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	691,521	777
Term deposits (b) | Fair Value, Inputs, Level 1 | Short-term investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	37,250
U.S. treasury bills (b) | Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	699,945
U.S. treasury bills (b) | Fair Value, Inputs, Level 1 | Short-term investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	299,942
Notes Receivable | Fair Value, Inputs, Level 1 | Other current assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	6,328
Equity Securities With Readily Determinable Fair Values | Fair Value, Inputs, Level 1 | Other Noncurrent Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 86,264	$ 57,061

Fair Value Measurements (Sche_2

Fair Value Measurements (Schedule of Fair Value, Financial Instruments) (Details) - USD ($)	Jun. 30, 2021	Nov. 12, 2020	Jun. 30, 2020	May 23, 2019
Secured Debt | Tao Group Hospitality
Schedule of Financial Instruments [Line Items]
Debt instrument, face amount				$ 40,000,000
Secured Debt | MSG National Properties LLC
Schedule of Financial Instruments [Line Items]
Debt instrument, face amount		$ 650,000,000
Revolving Credit Facility | Tao Group Hospitality
Schedule of Financial Instruments [Line Items]
Debt instrument, face amount				$ 25,000,000
TAO 2019 Senior Credit Agreement | Debt
Schedule of Financial Instruments [Line Items]
Carrying value of financial instrument liabilities	$ 43,750,000		$ 33,750,000
TAO 2019 Senior Credit Agreement | Loans Payable | Tao
Schedule of Financial Instruments [Line Items]
Long-term debt, term	5 years
TAO 2019 Senior Credit Agreement | Fair Value, Inputs, Level 2 | Debt
Schedule of Financial Instruments [Line Items]
Fair value of financial instrument liabilities	$ 43,851,000		32,367,000
TAO 2019 Senior Credit Agreement | Revolving Credit Facility | Tao Group Hospitality
Schedule of Financial Instruments [Line Items]
Long-term debt, term	5 years
National Properties Nov2020 Senior Secured Term Loan Agreement | Debt
Schedule of Financial Instruments [Line Items]
Carrying value of financial instrument liabilities	$ 646,750,000		0
National Properties Nov2020 Senior Secured Term Loan Agreement | Loans Payable | MSG National Properties LLC
Schedule of Financial Instruments [Line Items]
Debt instrument, face amount		$ 650,000
National Properties Nov2020 Senior Secured Term Loan Agreement | Fair Value, Inputs, Level 2 | Debt
Schedule of Financial Instruments [Line Items]
Fair value of financial instrument liabilities	$ 669,386,000		$ 0

Credit Facilities - National Pr

Credit Facilities - National Properties Narrative (Details)	12 Months Ended
	Jun. 30, 2021USD ($)Employee	Nov. 12, 2020USD ($)
MSG National Properties LLC | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.75%
National Properties Nov2020 Senior Secured Term Loan Agreement
Debt Instrument [Line Items]
Debt Instrument, Restrictive Covenants	The National Properties Term Loan Facility contains certain restrictions on the ability of MSG National Properties and its restricted subsidiaries to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the National Properties Term Loan Facility, including the following: (i) incur additional indebtedness; (ii) create liens on certain assets; (iii) make investments, loans or advances in or to other persons; (iv) pay dividends and distributions or repurchase capital stock (which will restrict the ability of MSG National Properties to make cash distributions to the Company); (v) repay, redeem or repurchase certain indebtedness; (vi) change its lines of business; (vii) engage in certain transactions with affiliates; (viii) amend their respective organizational documents; (ix) merge or consolidate; and (x) make certain dispositions.
Debt Instrument, Covenant Compliance	As of June 30, 2021, MSG National Properties and its restricted subsidiaries were in compliance with the covenants of the National Properties Term Loan Facility.
National Properties Nov2020 Senior Secured Term Loan Agreement | MSG National Properties LLC
Debt Instrument [Line Items]
Percentage bearing variable interest, percentage rate	7.00%
Debt Instrument, Collateral	All obligations under the National Properties Term Loan Facility, including the guarantees of those obligations, are secured by certain of the assets of MSG National Properties and the Subsidiary Guarantors (collectively, “Collateral”) including, but not limited to, a pledge of some or all of the equity interests held directly or indirectly by MSG National Properties in each Subsidiary Guarantor. The Collateral does not include, among other things, any interests in The Garden or the leasehold interests in Radio City Music Hall and the Beacon Theatre.
Debt Instrument, Subjective Acceleration Clause	Under certain circumstances, MSG National Properties is required to make mandatory prepayments on loans outstanding, including prepayments in an amount equal to a specified percentage of excess cash flow in any fiscal year and prepayments in an amount equal to the net cash proceeds of certain sales of assets or casualty insurance and/or condemnation recoveries (subject to certain reinvestment, repair or replacement rights), in each case subject to certain exceptions.
National Properties Nov2020 Senior Secured Term Loan Agreement | MSG National Properties LLC | Minimum | Measurement Input Leverage Ratio
Debt Instrument [Line Items]
Debt instrument, measurement input | Employee	5
National Properties Nov2020 Senior Secured Term Loan Agreement | MSG National Properties LLC | Base Rate
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	5.25%
National Properties Nov2020 Senior Secured Term Loan Agreement | MSG National Properties LLC | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	6.25%
National Properties Nov2020 Senior Secured Term Loan Agreement | Loans Payable | MSG National Properties LLC
Debt Instrument [Line Items]
Debt instrument, face amount		$ 650,000
Liquidity Requirement		450,000
Liquidity Requirement, After first year		200,000
Long-term Debt, Maturities, Repayment Terms	The principal obligations under the National Properties Term Loan Facility are to be repaid in quarterly installments in an aggregate amount equal to 1.00% per annum (0.25% per quarter), with the balance due at the maturity of the facility.
National Properties Nov2020 Senior Secured Term Loan Agreement | Loans Payable | MSG National Properties LLC | Minimum
Debt Instrument [Line Items]
Liquidity Requirement		$ 200,000
National Properties Nov2020 Senior Secured Term Loan Agreement | Loans Payable | MSG National Properties LLC | Minimum | Scenario, Adjustment
Debt Instrument [Line Items]
Liquidity Requirement	$ 50,000

Credit Facilities - Tao Narrati

Credit Facilities - Tao Narrative (Details)	Jun. 15, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2021USD ($)Employee	Jun. 30, 2020USD ($)	Dec. 31, 2022Employee	Jul. 31, 2021USD ($)	Aug. 06, 2020USD ($)	May 23, 2019USD ($)
Line of Credit Facility [Line Items]
Long-term debt, gross			$ 690,500,000
Tao Group Hospitality | Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt instrument, face amount								$ 25,000,000
TAO 2019 Senior Credit Agreement | Tao Group Hospitality
Line of Credit Facility [Line Items]
Reserve account, initial deposit			$ 4,800,000
TAO 2019 Senior Credit Agreement | Tao Group Hospitality | Revolving Credit Facility
Line of Credit Facility [Line Items]
Long-term debt, term			5 years
TAO 2019 Senior Credit Agreement | Tao
Line of Credit Facility [Line Items]
Commitment fee percentage			0.50%
Percentage bearing variable interest, percentage rate			2.60%
TAO 2019 Senior Credit Agreement | Tao | Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, maximum month-end outstanding amount			$ 15,000,000	$ 0
Remaining borrowing capacity			9,250,000
TAO 2019 Senior Credit Agreement | Tao | Letter of Credit | Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, amount utilized for Issuance of letters of credit			$ 750,000
TAO 2019 Senior Credit Agreement | Tao | Loans Payable
Line of Credit Facility [Line Items]
Long-term debt, gross							$ 33,750,000
Reserve account, initial deposit							9,800,000
Minimum liquidity requirement (no less than)							75,000,000
Long-term debt, term			5 years
TAO 2019 Senior Credit Agreement | Tao | Loans Payable | Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, amount utilized for Issuance of letters of credit							$ 25,000,000
Tao Group Hospitality | TAO 2019 Senior Credit Agreement | Revolving Credit Facility
Line of Credit Facility [Line Items]
Long-term debt, term								5 years
Tao Group Hospitality | The Madison Square Garden Company | Consolidation, Eliminations
Line of Credit Facility [Line Items]
Loans payable				$ 49,000,000		$ 63,000,000
Tao | TAO 2019 Senior Credit Agreement | Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt instrument, face amount								$ 25,000,000
Tao | TAO 2019 Senior Credit Agreement | Loans Payable
Line of Credit Facility [Line Items]
Debt instrument, face amount								40,000
Tao | TAO 2019 Senior Credit Agreement | Maximum | Revolving Credit Facility
Line of Credit Facility [Line Items]
Letters of credit outstanding, amount								$ 5,000
Long-term debt, term								5 years
Tao | The Madison Square Garden Company
Line of Credit Facility [Line Items]
Debt instrument, additional borrowings	$ 22,000,000
Tao | The Madison Square Garden Company | Consolidation, Eliminations
Line of Credit Facility [Line Items]
Loans payable								$ 49,000,000
Other Nonoperating Income (Expense) | Tao | TAO 2017 Credit Agreement
Line of Credit Facility [Line Items]
Loss on extinguishment of debt		$ 3,977
Measurement Input Leverage Ratio | TAO 2019 Senior Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Debt instrument, measurement input			4
Measurement Input Senior Leverage Ratio | TAO 2019 Senior Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Debt instrument, measurement input			3
Measurement Input Fixed Charge Coverage Ratio | TAO 2019 Senior Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Debt instrument, measurement input | Employee			1.25
Forecast | Measurement Input Leverage Ratio | TAO 2019 Senior Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Debt instrument, measurement input | Employee					3.50
Forecast | Measurement Input Fixed Charge Coverage Ratio | TAO 2019 Senior Credit Agreement | Maximum
Line of Credit Facility [Line Items]
Debt instrument, measurement input | Employee					2.50

Credit Facilities - Schedule of

Credit Facilities - Schedule of Long Term Debt Maturities (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Aug. 06, 2020
Debt Instrument [Line Items]
Fiscal year ending June 30, 2022	$ 12,750
Fiscal year ending June 30, 2023	16,500
Fiscal year ending June 30, 2024	34,000
Fiscal year ending June 30, 2025	6,500
Fiscal year ending June 30, 2026	620,750
Thereafter	0
Long-term debt, gross	690,500
Tao Term Loan Facility | Loans Payable | Tao Group Hospitality
Debt Instrument [Line Items]
Fiscal year ending June 30, 2022	6,250
Fiscal year ending June 30, 2023	10,000
Fiscal year ending June 30, 2024	27,500
Fiscal year ending June 30, 2025	0
Fiscal year ending June 30, 2026	0
Thereafter	0
Long-term debt, gross	43,750
National Properties Nov2020 Senior Secured Term Loan Agreement | Loans Payable | MSG National Properties LLC
Debt Instrument [Line Items]
Fiscal year ending June 30, 2022	6,500
Fiscal year ending June 30, 2023	6,500
Fiscal year ending June 30, 2024	6,500
Fiscal year ending June 30, 2025	6,500
Fiscal year ending June 30, 2026	620,750
Thereafter	0
Long-term debt, gross	646,750
TAO 2019 Senior Credit Agreement | Tao | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum month-end outstanding amount	$ 15,000	$ 0
TAO 2019 Senior Credit Agreement | Loans Payable | Tao
Debt Instrument [Line Items]
Long-term debt, gross			$ 33,750

Credit Facilities - Debt Outsta

Credit Facilities - Debt Outstanding and Deferred Financing Costs (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Nov. 12, 2020	Jun. 30, 2020
Debt Instrument [Line Items]
Long-term debt, gross	$ 690,500
Long-term debt, excluding current maturities	655,093		$ 28,126
Current portion of long-term debt net of deferred financing costs | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	12,750		5,000
Debt issuance costs, net	(7,022)		(208)
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	5,728		4,792
Long-term debt net of deferred financing costs | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	677,750		28,750
Debt issuance costs, net	(23,294)		(624)
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	654,456		28,126
MSG National Properties LLC | Current portion of long-term debt net of deferred financing costs | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	6,500		0
Debt issuance costs, net	(6,783)		0
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	(283)		0
MSG National Properties LLC | Long-term debt net of deferred financing costs | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	640,250		0
Debt issuance costs, net	(22,819)		0
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	617,431		0
MSG National Properties LLC | National Properties Nov2020 Senior Secured Term Loan Agreement | Loans Payable
Debt Instrument [Line Items]
Long-term debt, gross	646,750
Debt Instrument, Unamortized Discount		$ 19,500
Debt Issuance Costs, Gross		$ 14,417
Tao Group Hospitality | Current portion of long-term debt net of deferred financing costs | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	6,250		5,000
Debt issuance costs, net	(239)		(208)
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	6,011		4,792
Tao Group Hospitality | Long-term debt net of deferred financing costs | Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	22,500		28,750
Debt issuance costs, net	(475)		(624)
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	22,025		28,126
Tao Group Hospitality | Long-term debt net of deferred financing costs | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross	15,000		0
Debt issuance costs, net	0		0
Debt Outstanding net of unamortized debt issuance cost and unamortized original issue discount	15,000		$ 0
BCE
Debt Instrument [Line Items]
Notes payable due to related parties	$ 637

Credit Facilities - Deferred Fi

Credit Facilities - Deferred Financing Costs For Revolving Credit Facilities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Other current assets
Line of Credit Facility [Line Items]
Debt issuance costs, net	$ 108	$ 85
Other assets
Line of Credit Facility [Line Items]
Debt issuance costs, net	$ 207	$ 248

Credit Facilities - Supplementa

Credit Facilities - Supplemental Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
TAO 2019 Senior Credit Agreement | Tao Group Hospitality
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment, Interest	$ 1,128	$ 1,817	$ 13,084
Repayments of debt	5,000	21,250	109,312
National Properties Nov2020 Senior Secured Term Loan Agreement | MSG National Properties LLC
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment, Interest	22,879	0	0
Repayments of debt	3,250	0	0
Tao And National Properties
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment, Interest	24,007	1,817	13,084
Repayments of debt	$ 8,250	$ 21,250	$ 109,312

Pension Plans and Other Postr_3

Pension Plans and Other Postretirement Benefit Plan Schedule of Changes in Benefit Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Pension Plans
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	$ 174,892	$ 173,569
Service cost	96	95	$ 91
Interest cost	3,385	5,261	5,895
Actuarial loss (gain)	1,981	12,670
Benefits paid	(4,410)	(6,698)
Curtailments	(91)	0
Plan settlements paid	(3,777)	(551)
Other	(177)	(74)
Transfer of liabilities	0	(9,380)
Benefit obligation at end of period	171,899	174,892	173,569
Postretirement Plan
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	3,658	4,307
Service cost	47	56	57
Interest cost	45	108	150
Actuarial loss (gain)	(76)	277
Benefits paid	(390)	(1,090)
Curtailments	0	0
Plan settlements paid	0	0
Other	(66)	0
Transfer of liabilities	0	0
Benefit obligation at end of period	$ 3,218	$ 3,658	$ 4,307

Pension Plans and Other Postr_4

Pension Plans and Other Postretirement Benefit Plan Schedule of Changes in Plan Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of period	$ 151,756
Fair value of plan assets at end of period	145,650	$ 151,756
Pension Plans
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of period	151,756	132,965
Actual return on plan assets	1,969	18,221
Employer contributions	60	7,260
Benefits paid	(4,409)	(6,690)
Plan settlements paid	(3,724)	0
Fair value of plan assets at end of period	145,652	151,756
Postretirement Plan
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of period	0	0
Actual return on plan assets	0	0
Employer contributions	0	0
Benefits paid	0	0
Plan settlements paid	0	0
Fair value of plan assets at end of period	$ 0	$ 0

Pension Plans and Other Postr_5

Pension Plans and Other Postretirement Benefit Plan Schedule of Net Funded Status (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Pension Plans
Defined Benefit Plan, Funded (Unfunded) Status of Plan [Abstract]
Funded status at end of period	$ (26,247)	$ (23,136)
Postretirement Plan
Defined Benefit Plan, Funded (Unfunded) Status of Plan [Abstract]
Funded status at end of period	$ (3,218)	$ (3,658)

Pension Plans and Other Postr_6

Pension Plans and Other Postretirement Benefit Plan Schedule of Amounts Recognized in Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Current liabilities (included in accrued employee related costs)	$ (260)	$ (331)
Non-current liabilities (included in defined benefit and other postretirement obligations)	(25,987)	(22,805)
Defined benefit plan, amounts for asset (liability) recognized in statement of financial position	(26,247)	(23,136)
Postretirement Plan
Defined Benefit Plan Disclosure [Line Items]
Current liabilities (included in accrued employee related costs)	(369)	(331)
Non-current liabilities (included in defined benefit and other postretirement obligations)	(2,849)	(3,327)
Defined benefit plan, amounts for asset (liability) recognized in statement of financial position	$ (3,218)	$ (3,658)

Pension Plans and Other Postr_7

Pension Plans and Other Postretirement Benefit Plan Schedule of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jul. 31, 2021
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss, before income tax	$ (36,704)				$ (36,704)		$ (39,957)
Service cost				$ 96	95	$ 91
Interest cost				3,385	5,261	5,895
Expected return on plan assets				(5,232)	(5,319)	(3,133)
Recognized actuarial loss				1,093	1,336	1,281
Amortization of unrecognized prior service cost (credit)				0	0	0
Settlement loss recognized				870	67	52
Other				0	0	0
Net periodic benefit cost				212	1,440	4,186
Contributory charge to Madison Square Garden Sports Corp. for participation in the Shared Plans and all allocation of costs related to the corporate employees				0	(173)	(692)
Lump-sum payments				$ 52	$ 551	$ 343
Discount rate - projected benefit obligation	1.77%	2.95%	3.75%	2.84%	3.58%	4.19%
Discount rate - interest cost	1.24%	2.83%	3.18%	1.92%	3.21%	3.90%
Postretirement Plan
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss, before income tax	$ (1,025)				$ (1,025)		$ (786)
Service cost				$ 47	56	$ 57
Interest cost				45	108	150
Expected return on plan assets				0	0	0
Recognized actuarial loss				98	6	5
Amortization of unrecognized prior service cost (credit)				0	0	(7)
Settlement loss recognized				0	0	0
Other				0	0	(1,513)
Net periodic benefit cost				190	170	(1,308)
Contributory charge to Madison Square Garden Sports Corp. for participation in the Shared Plans and all allocation of costs related to the corporate employees				$ 0	$ (26)	$ 231
Discount rate - projected benefit obligation				2.09%	3.18%	4.06%
Discount rate - interest cost				1.23%	2.84%	3.67%
MSG Sports Corp | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost				$ 212	$ 1,267	$ 3,494
MSG Sports Corp | Postretirement Plan
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost				$ 190	$ 144	$ (1,077)

Pension Plans and Other Postr_8

Pension Plans and Other Postretirement Benefit Plan Schedule of Amounts Recognized in Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	$ 0	$ (45)	$ (2,565)
Curtailments	156	0	0
Settlement Gain (Loss) Recognized	870	67	52
Total recognized in other comprehensive income (loss)	(2,951)	1,364	(1,234)
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	(5,244)	232	(3,137)
Recognized actuarial loss	1,093	1,336	1,281
Recognized prior service credit	0	0	0
Curtailments	91	0	0
Settlement Gain (Loss) Recognized	870	67	52
Total recognized in other comprehensive income (loss)	(3,190)	1,635	(1,804)
Postretirement Plan
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	76	(277)	572
Recognized actuarial loss	98	6	5
Recognized prior service credit	0	0	(7)
Curtailments	65	0	0
Settlement Gain (Loss) Recognized	0	0	0
Total recognized in other comprehensive income (loss)	$ 239	$ (271)	$ 570

Pension Plans and Other Postr_9

Pension Plans and Other Postretirement Benefit Plan Pension Plans Fund Status (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jun. 30, 2020
Pension Plans
Schedule of Pension Plan Funded Status [Line Items]
Defined benefit plan, accumulated benefit obligation	$ 171,897	$ 174,775

Pension Plans and Other Post_10

Pension Plans and Other Postretirement Benefit Plan Schedule of Assumptions Used (Details)	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Discount rate used to determine benefit obligations
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	5.00%	5.00%		5.00%	5.00%	5.00%
Defined Benefit Plan, Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate				2027	2027
Pension Plans
Discount rate used to determine benefit obligations
Discount rate	3.21%			2.87%	3.21%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate	1.37%			2.32%	1.37%
Discount rate used to determine net periodic benefit cost
Discount rate - projected benefit obligation	1.77%	2.95%	3.75%	2.84%	3.58%	4.19%
Discount rate - service cost				3.20%	3.78%	4.25%
Discount rate - interest cost	1.24%	2.83%	3.18%	1.92%	3.21%	3.90%
Expected long-term return on plan assets				4.02%	5.28%	3.72%
Net Periodic Benefit Cost, Weighted-Average Interest Crediting Rate				1.37%	3.28%	2.82%
Postretirement Plan
Discount rate used to determine benefit obligations
Discount rate	2.09%			2.17%	2.09%
Healthcare cost trend rate assumed for next year	6.50%			6.25%	6.50%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	5.00%			5.00%	5.00%
Defined Benefit Plan, Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate				2027	2027
Discount rate used to determine net periodic benefit cost
Discount rate - projected benefit obligation				2.09%	3.18%	4.06%
Discount rate - service cost				2.15%	3.45%	4.25%
Discount rate - interest cost				1.23%	2.84%	3.67%
Healthcare cost trend rate assumed for next year	6.75%	7.00%		6.50%	6.75%	7.00%

Pension Plans and Other Post_11

Pension Plans and Other Postretirement Benefit Plan Schedule of Allocation of Plan Assets (Details)	Jun. 30, 2021	Jun. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, actual allocation, percentage	100.00%	100.00%
Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, actual allocation, percentage	98.00%	99.00%
Defined benefit plan, plan assets, target allocation, percentage	99.00%
Cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, actual allocation, percentage	2.00%	1.00%
Defined benefit plan, plan assets, target allocation, percentage		1.00%

Pension Plans and Other Post_12

Pension Plans and Other Postretirement Benefit Plan Investment at Estimated Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	$ 145,650	$ 151,756
U.S. Treasury securities (a) | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	0	3,825
U.S. corporate bonds (b) | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	100,229	110,542
Foreign issues (c) | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	20,119	13,764
Municipal bonds (d) | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	3,880	4,146
Time deposits (a) | Fair Value, Inputs, Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	2,753	1,329
Common collective trust (f) | Fair Value, Inputs, Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, amount	$ 18,669	$ 18,150

Pension Plans and Other Post_13

Pension Plans and Other Postretirement Benefit Plan Contributions for Qualified Defined Benefit Pension Plan (Narrative) (Details) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jul. 31, 2021
Cash Balance Pension Plan | Other Pension Plan - Cash Balance Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 60
Union Plan | Other Pension Plan - Union Plan
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year		$ 400

Pension Plans and Other Post_14

Pension Plans and Other Postretirement Benefit Plan Schedule of Expected Benefit Payments (Details) $ in Thousands	Jun. 30, 2021USD ($)
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, expected future benefit payment, year one	$ 11,927
Defined benefit plan, expected future benefit payment, year two	8,305
Defined benefit plan, expected future benefit payment, year three	7,904
Defined benefit plan, expected future benefit payment, year four	7,977
Defined benefit plan, expected future benefit payment, year five	8,540
Defined benefit plan, expected future benefit payment, after year five for next five years	43,320
Postretirement Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, expected future benefit payment, year one	369
Defined benefit plan, expected future benefit payment, year two	349
Defined benefit plan, expected future benefit payment, year three	319
Defined benefit plan, expected future benefit payment, year four	332
Defined benefit plan, expected future benefit payment, year five	322
Defined benefit plan, expected future benefit payment, after year five for next five years	$ 1,054

Pension Plans and Other Post_15

Pension Plans and Other Postretirement Benefit Plan Defined Contribution Plan (Narrative) (Details) - MSG Networks - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Savings Plans
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost	$ 215	$ 539
Union Savings Plan
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost			$ 521
Employee | Savings Plans
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost	$ 4,189	5,521	8,372
Corporate Employee | MSG Sports
Defined Contribution Plan Disclosure [Line Items]
Defined Contribution Plan, Cost		$ 1,240	$ 3,300

Pension Plans and Other Post_16

Pension Plans and Other Postretirement Benefit Plan Schedule of Multiemployer Defined Benefit Pension Plans (Details)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Multiemployer Plan [Line Items]
Description of collective-bargaining arrangement	778	4,968	5,763
EIN	136414973
Pension Plan Number	001
PPA Zone Status	Green	Green
FIP/RP Status Pending / Implemented	No
Surcharge Imposed	No
Pension Plans | Pension Fund of Local No. 1 of I.A.T.S.E.
Multiemployer Plan [Line Items]
PPA Zone Status Date	Dec. 31, 2020	Dec. 31, 2019
Minimum
Multiemployer Plan [Line Items]
Expiration date	Jun. 30, 2021
Maximum
Multiemployer Plan [Line Items]
Expiration date	May 1, 2023
The Madison Square Garden Company | Pension Plans | Pension Fund of Local No. 1 of I.A.T.S.E.
Multiemployer Plan [Line Items]
Description of collective-bargaining arrangement	194	1,831	2,529
The Madison Square Garden Company | Other Pension Plan
Multiemployer Plan [Line Items]
Description of collective-bargaining arrangement	584	3,137	3,234

Pension Plans and Other Post_17

Pension Plans and Other Postretirement Benefit Plan Schedule of Plan Listed in Form 5500 providing more than 5 Percent of Total Contribution (Details) - USD ($)	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Postretirement Plan
Multiemployer Plan [Line Items]
Company Contributions	$ 723	$ 5,258	$ 6,699

Share-Based Compensation Overvi

Share-Based Compensation Overview (Narrative) (Details)	Apr. 17, 2020shares	Jun. 30, 2021shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number Of Share-Based Compensation Plans	2
Adjustment of exercise price, rate		30,500
2020 Employee Stock Plan | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)		3,000,000
2020 for Non-Employee Directors | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment award, expiration period		10 years
MSG Sports Corp
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjustment of exercise price, rate		69,500
Share-based Payment Arrangement, Option | 2015 Stock Plan for Non-Employee Directors | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)		150,000
Share-based payment award, expiration period		10 years

Schedule of Share-based Compens

Schedule of Share-based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Schedule of Share-based Compensation Expense [Line Items]
Share-based compensation expense	$ 52,917	$ 42,190	$ 35,401
Share-based payment arrangement, amount capitalized	5,467	5,051	3,946
Share-based Payment Arrangement, Accelerated Cost	11,129
Put Option
Schedule of Share-based Compensation Expense [Line Items]
Share-based compensation expense		489
Performance Stock Units and Performance Restricted Stock Units
Schedule of Share-based Compensation Expense [Line Items]
Share-based compensation expense	40,195	36,811	31,509
Share-based Payment Arrangement, Option
Schedule of Share-based Compensation Expense [Line Items]
Share-based compensation expense	12,722	$ 5,379	$ 3,892
Share-based Payment Arrangement, Option | Put Option
Schedule of Share-based Compensation Expense [Line Items]
Share-based compensation expense	2,348
Employee | The Madison Square Garden Company | Performance Stock Units and Performance Restricted Stock Units
Schedule of Share-based Compensation Expense [Line Items]
Share-based compensation cost not yet recognized	$ 63,377
Share-based compensation cost not yet recognized, period for recognition	1 year 7 months 6 days

Schedule of Share-based Compe_2

Schedule of Share-based Compensation, Restricted Stock Units Award Activities (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Unvested Share Units Awards [Roll Forward]
Equity Instruments vested in period, fair value	$ 20,251
Payment, tax withholding	$ 6,060	$ 0	$ 0
Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Unvested award balance as of June 30, 2020 (in usd per share)	$ 75.34
Granted (in usd per share)	72.81
Vested (in usd per share)	70.84
Forfeited (in usd per share)	72.46
Cancelled (in usd per share)	88.58
Unvested award balance as of June 30, 2021 (in usd per share)	$ 74.42	$ 75.34
Shares withheld for tax withholding obligation (in shares)	82
Payment, tax withholding	$ 6,060
Restricted Stock Units (RSUs) | Madison Square Garden Sports [Member]
Unvested Share Units Awards [Roll Forward]
Shares withheld for tax withholding obligation (in shares)	8
Payment, tax withholding	$ 575
Nonperformance Based Vesting RSUs (In Thousands) | Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Unvested award balance as of June 30, 2020 (in shares)	277
Granted (in shares)	424
Vested (in shares)	(156)
Forfeited (in shares)	(48)
Cancelled (in shares)	0
Unvested award balance as of June 30, 2021 (in shares)	497	277
Performance Based Vesting RSUs (In Thousands) | Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Unvested award balance as of June 30, 2020 (in shares)	328
Granted (in shares)	343
Vested (in shares)	(106)
Forfeited (in shares)	(54)
Cancelled (in shares)	(32)
Unvested award balance as of June 30, 2021 (in shares)	479	328

Schedule of Share-based Compe_3

Schedule of Share-based Compensation Activities, Stock Option (Details) $ / shares in Units, shares in Thousands, $ in Thousands	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Balance as of June 30, 2020 (in usd per share) | $ / shares		$ 99.68
Cancelled/forfeited (in usd per share) | $ / shares		107.07
Balance as of June 30, 2021 (in usd per share) | $ / shares	$ 64.36	64.36
Exercisable as of June 30, 2020 (in usd per share) | $ / shares	$ 64.36	$ 64.36
Weighted average remaining contractual term	6 years 5 months 15 days
Aggregate intrinsic value as of June 30, 2020 | $	$ 1,840	$ 1,840
Nonperformance Based Vesting RSUs (In Thousands)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Balance as of June 30, 2020 (in shares) | shares		543
Cancelled/forfeited (in shares) | shares		(449)
Balance as of June 30, 2021 (in shares) | shares	94	94
Exercisable as of June 30, 2021 (in shares) | shares	94	94

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) $ in Thousands	Mar. 31, 2021USD ($)
Class A Common Stock | 2015 share repurchase program [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount	$ 350,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		$ 2,868,178	$ 2,598,116	$ 2,492,221
Reclassification of unrealized loss on available-for sale securities				5,570
Other comprehensive loss before reclassifications		27,688	(7,737)	(6,906)
Amounts reclassified from accumulated other comprehensive loss		(2,951)	1,409	1,331
Other comprehensive loss, total		24,737	(6,328)	(5,575)
Adjustments related to the transfer of certain assets and liabilities as a result of the Entertainment Distribution			51,009
Ending balance		2,508,973	2,868,178	2,598,116
Pension Plans and Postretirement Plan
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(39,322)	(42,080)	(40,846)
Reclassification of unrealized loss on available-for sale securities				0
Other comprehensive loss before reclassifications		0	(45)	(2,565)
Amounts reclassified from accumulated other comprehensive loss		(2,951)	1,409	1,331
Other comprehensive loss, total		(2,951)	1,364	(1,234)
Adjustments related to the transfer of certain assets and liabilities as a result of the Entertainment Distribution			1,394
Ending balance		(42,273)	(39,322)	(42,080)
Cumulative Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(12,535)	(4,843)	(502)
Reclassification of unrealized loss on available-for sale securities				0
Other comprehensive loss before reclassifications		27,688	(7,692)	(4,341)
Amounts reclassified from accumulated other comprehensive loss		0	0	0
Other comprehensive loss, total		27,688	(7,692)	(4,341)
Adjustments related to the transfer of certain assets and liabilities as a result of the Entertainment Distribution			0
Ending balance		15,153	(12,535)	(4,843)
Unrealized Loss on Available-for-sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			0	(5,570)
Reclassification of unrealized loss on available-for sale securities				5,570
Other comprehensive loss before reclassifications				0
Amounts reclassified from accumulated other comprehensive loss				0
Other comprehensive loss, total	[1]			0
Ending balance				0
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(51,857)	(46,923)	(46,918)
Adjustments related to the transfer of certain assets and liabilities as a result of the Entertainment Distribution			1,394
Ending balance		(27,120)	$ (51,857)	$ (46,923)
Cumulative Effect, Period of Adoption, Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Amounts reclassified from accumulated other comprehensive loss		5,570
Adjustment to reclassify accumulated other comprehensive loss associated with investment in Townsquare, pre-tax		$ 2,466
[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 Madison Square Garden Sports Corp. Investment. See Note 8 for more information related to its investment in Townsquare.

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) $ in Thousands	Jun. 30, 2021USD ($)
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 505,000
Deferred Tax Assets, Other Tax Carryforwards	$ 42,616

Income Taxes Schedule of Compon

Income Taxes Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Current expense (benefit):
Federal	$ (6,400)	$ 8,558	$ 0
State and other	(2,491)	7,009	814
Current expense	(8,891)	15,567	814
Deferred expense (benefit):
Federal	(627)	(6,083)	(350)
State and other	147	(4,438)	(21)
Deferred expense (benefit)	(480)	(10,521)	(371)
Income tax expense (benefit)	$ (9,371)	$ 5,046	$ 443

Income Taxes Schedule of Effect

Income Taxes Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Federal tax expense (benefit) at statutory federal rate	$ (85,036)	$ (1,592)	$ (4,204)
State income taxes, net of federal benefit	(40,546)	4,259	1,996
Change in the estimated applicable tax rate used to determine deferred taxes	(3,368)	1,237	(454)
Nondeductible transaction costs	0	6,961	0
Federal tax credits	0	(1,480)	(1,900)
GAAP income of consolidated partnership attributable to non-controlling interest	3,857	6,701	2,571
Tax effect of indefinite intangible amortization	1,072	993	449
Change in valuation allowance	109,588	(14,895)	(3,148)
Nondeductible officers' compensation	5,311	4,407	7,655
Nondeductible expenses	409	690	809
Excess tax benefit related to shared based-payments awards	(1,066)	(2,276)	(3,376)
Other	408	41	45
Income tax expense (benefit)	$ (9,371)	$ 5,046	$ 443

Income Taxes Schedule of Deferr

Income Taxes Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Deferred tax asset:
Net operating loss ("NOL") carryforwards	$ 166,420	$ 1,575
Tax credit carryforwards	532	532
Accrued employee benefits	24,825	26,538
Restricted stock units and stock options	12,527	14,267
Deferred revenue	42,616	45,050
Right-of-use lease assets and lease liabilities, net	8,234	0
Investments	63,639	39,737
Other	0	1,062
Total deferred tax assets	318,793	128,761
Less valuation allowance	(145,178)	(29,952)
Net deferred tax assets	173,615	98,809
Deferred tax liabilities:
Intangible and other assets	(38,578)	(39,893)
Property and equipment	(124,864)	(59,077)
Prepaid expenses	(4,355)	(7,595)
Capitalized interest related to MSG Sphere	(16,408)	(4,694)
Other	(1,382)	0
Total deferred tax liabilities	(185,587)	(111,259)
Net deferred tax liability	$ (11,972)	$ (12,450)

Related Party Transactions (Own

Related Party Transactions (Ownership Percentage) (Details)	Jun. 30, 2021
Related Party Ownership Percentage [Line Items]
Percentage of aggregate voting power represented	72.80%
Class A Common Stock
Related Party Ownership Percentage [Line Items]
Percentage of common stock owned by related party	5.10%

Related Party Transactions (Oth

Related Party Transactions (Other Discussion) (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Initial stated term			10 years
Term of right to use The Garden			35 years
Capital expenditures incurred but not yet paid			$ 106,574	$ 78,508	$ 31,938
BCE
Related Party Transaction [Line Items]
Notes payable due to related parties	$ 637		637
Nonconsolidated affiliates
Related Party Transaction [Line Items]
Capital expenditures			$ 66,525	$ 16,726
Capital expenditures incurred but not yet paid	$ 7,000	$ 2,000

Related Party Transactions (Tra

Related Party Transactions (Transactions by Type) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Revenues		$ 49,969	$ 18,408	$ 18,259
Consulting fees		77	214	1,792
Advertising expenses		0	506	1,037
Other operating expenses (credits), net		1,991	420	(198)
MSG Networks
Related Party Transaction [Line Items]
Corporate general and administrative, net		(9,616)	(9,772)	(10,362)
Venue Usage | MSG Sports Corp
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction		0	(46,072)	(47,093)
General and Administrative Expense | MSG Sports Corp
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction		(36,502)	(116,946)	(116,551)
Direct Operating Expense Reimbursement Under Arena License Arrangement | MSG Sports Corp
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction	$ (8,776)	(9,055)	0	0
Revenue-sharing expense | MSG Sports Corp
Related Party Transaction [Line Items]
Revenue sharing expenses		$ 1,025	$ 110,002	$ 145,723

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Revenues from related party		$ 49,969	$ 18,408	$ 18,259
Sublease Income		2,552
MSG Networks
Related Party Transaction [Line Items]
Related party transaction, services agreement		9,616	9,910	10,467
MSG Networks | Advertising Sales Representation Agreement
Related Party Transaction [Line Items]
Revenues from related party		13,699	12,653	14,913
MSG Sports Corp
Related Party Transaction [Line Items]
Related party transaction, services agreement		36,365	7,005
MSG Sports Corp | Direct Operating Expense Reimbursement Under Arena License Arrangement
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction	$ 8,776	9,055	0	0
Knicks and Rangers | The Garden
Related Party Transaction [Line Items]
Operating Lease, Lease Income		21,345
MSG Sports Corp | Sponsorship Sales And Service Representation Agreements
Related Party Transaction [Line Items]
Revenues from related party		13,584
MSG Sports Corp | Merchandise Sales Revenue Sharing Arrangement
Related Party Transaction [Line Items]
Revenues from related party		1,134
Other Related Parties
Related Party Transaction [Line Items]
Sublease Income		$ 2,450
Nonoperating Income (Expense) | MSG Sports Corp
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction			$ 178	$ 451

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Thousands		Apr. 17, 2020segment	Jun. 30, 2021USD ($)segment	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
Segment Reporting Information [Line Items]
Number of segments | segment		2	2
Capital expenditures	[1]		$ 452,154	$ 452,426	$ 184,002
Operating Segments | Entertainment
Segment Reporting Information [Line Items]
Capital expenditures	[1]		448,962	448,944	168,981
Operating Segments | Entertainment | MSG Sphere
Segment Reporting Information [Line Items]
Capital expenditures			$ 389,643	$ 380,258	$ 93,334
[1]	The Entertainment segment includes capital expenditures associated with the MSG Sphere in Las Vegas of $389,643, $380,258, and $93,334 for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, respectively.

Segment Information - Schedule

Segment Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting Information [Line Items]
Revenues	[1]	$ 180,401	$ 762,936	$ 1,048,909
Direct operating expenses	[2]	171,924	508,122	670,641
Selling, general and administrative expenses	[3]	322,714	344,637	314,522
Depreciation and amortization		114,664	104,899	109,343
Impairment for intangibles, long-lived assets, and goodwill		0	105,817	0
Gain on disposal of assets held for sale		0	(240,783)	0
Restructuring Charges		21,299	0	0
Operating income (loss)		(450,200)	(59,756)	(45,597)
Loss in equity method investments		(6,858)	(4,433)	7,062
Interest income	[4]	1,273	17,993	30,163
Interest expense		(208)	(240)	(5,587)
Miscellaneous income, net	[5],[6]	51,062	38,855	(6,061)
Loss from operations before income taxes		(404,931)	(7,581)	(20,020)
Reconciliation of operating loss to adjusted operating loss:
Operating income (loss)		(450,200)	(59,756)	(45,597)
Non-cash portion of arena license fees from MSG Sports		(13,026)
Share-based compensation expense		52,917	42,190	35,401
Depreciation and amortization		114,664	104,899	109,343
Impairment for intangibles, long-lived assets, and goodwill		0	105,817	0
Restructuring Charges		21,299	0	0
Other purchase accounting adjustments		3,334	4,367	4,764
Adjusted operating income (loss)		(271,012)	(43,266)	103,911
Gain on disposal of assets held for sale		0	(240,783)	0
Other Information:
Capital expenditures	[7]	452,154	452,426	184,002
Operating Segments | Entertainment
Segment Reporting Information [Line Items]
Revenues		82,281	585,208	797,058
Direct operating expenses		103,089	388,643	513,305
Selling, general and administrative expenses		268,705	282,043	239,321
Depreciation and amortization		80,142	84,289	87,005
Impairment for intangibles, long-lived assets, and goodwill			0
Gain on disposal of assets held for sale			(240,783)
Restructuring Charges		21,299
Operating income (loss)		(390,954)	71,016	(42,573)
Reconciliation of operating loss to adjusted operating loss:
Operating income (loss)		(390,954)	71,016	(42,573)
Non-cash portion of arena license fees from MSG Sports		(13,026)
Share-based compensation expense		47,633	41,227	35,264
Depreciation and amortization		80,142	84,289	87,005
Impairment for intangibles, long-lived assets, and goodwill			0
Restructuring Charges		21,299
Other purchase accounting adjustments		0	0	0
Adjusted operating income (loss)		(254,906)	(44,251)	79,696
Gain on disposal of assets held for sale			(240,783)
Other Information:
Capital expenditures	[7]	448,962	448,944	168,981
Operating Segments | MSG Sports Corp
Segment Reporting Information [Line Items]
Revenues		100,166	180,201	253,651
Direct operating expenses		66,591	116,638	153,969
Selling, general and administrative expenses		54,034	63,049	75,529
Depreciation and amortization		8,955	8,156	6,437
Impairment for intangibles, long-lived assets, and goodwill			94,946
Gain on disposal of assets held for sale			0
Restructuring Charges		0
Operating income (loss)		(29,414)	(102,588)	17,716
Reconciliation of operating loss to adjusted operating loss:
Operating income (loss)		(29,414)	(102,588)	17,716
Non-cash portion of arena license fees from MSG Sports		0
Share-based compensation expense		5,284	963	137
Depreciation and amortization		8,955	8,156	6,437
Impairment for intangibles, long-lived assets, and goodwill			94,946
Restructuring Charges		0
Other purchase accounting adjustments		0	0	0
Adjusted operating income (loss)		(15,175)	1,477	24,290
Gain on disposal of assets held for sale			0
Other Information:
Capital expenditures	[7]	3,192	3,482	15,021
Segment Reconciling Items (Purchase Accounting Adjustments) [Member]
Segment Reporting Information [Line Items]
Revenues		0	0	0
Direct operating expenses		3,334	4,361	4,240
Selling, general and administrative expenses		0	6	524
Depreciation and amortization		25,567	12,454	15,901
Impairment for intangibles, long-lived assets, and goodwill			10,871
Gain on disposal of assets held for sale			0
Restructuring Charges		0
Operating income (loss)		(28,901)	(27,692)	(20,665)
Reconciliation of operating loss to adjusted operating loss:
Operating income (loss)		(28,901)	(27,692)	(20,665)
Non-cash portion of arena license fees from MSG Sports		0
Share-based compensation expense		0	0	0
Depreciation and amortization		25,567	12,454	15,901
Impairment for intangibles, long-lived assets, and goodwill			10,871
Restructuring Charges		0
Other purchase accounting adjustments		3,334	4,367	4,764
Adjusted operating income (loss)		0	0	0
Gain on disposal of assets held for sale			0
Other Information:
Capital expenditures	[7]	0	0	0
Eliminations
Segment Reporting Information [Line Items]
Revenues		(2,046)	(2,473)	(1,800)
Direct operating expenses		(1,090)	(1,520)	(873)
Selling, general and administrative expenses		(25)	(461)	(852)
Depreciation and amortization		0	0	0
Impairment for intangibles, long-lived assets, and goodwill			0
Gain on disposal of assets held for sale			0
Restructuring Charges		0
Operating income (loss)		(931)	(492)	(75)
Reconciliation of operating loss to adjusted operating loss:
Operating income (loss)		(931)	(492)	(75)
Non-cash portion of arena license fees from MSG Sports		0
Share-based compensation expense		0	0	0
Depreciation and amortization		0	0	0
Impairment for intangibles, long-lived assets, and goodwill			0
Restructuring Charges		0
Other purchase accounting adjustments		0	0	0
Adjusted operating income (loss)		(931)	(492)	(75)
Gain on disposal of assets held for sale			0
Other Information:
Capital expenditures	[7]	$ 0	$ 0	$ 0
[1]	Includes revenues from related parties of $49,969, $18,408 and $18,259 for the years ended June 30, 2021, 2020 and 2019, respectively.
[2]	Includes net charges from (to) related parties of $(9,866), $57,741 and $94,014 for the years ended June 30, 2021, 2020 and 2019, respectively.
[3]	Includes net charges to related parties of $(41,935), $(119,389) and $(119,666) for the years ended June 30, 2021, 2020 and 2019, respectively.
[4]	Interest income includes interest income from nonconsolidated affiliates of $3,105 for the year ended June 30, 2019.
[5]	Miscellaneous income (expense), net includes charges to related parties of $(178) and $(451) for the years ended June 30, 2020 and 2019, respectively.
[6]	Miscellaneous income (expense), net includes the followings:
[7]	The Entertainment segment includes capital expenditures associated with the MSG Sphere in Las Vegas of $389,643, $380,258, and $93,334 for Fiscal Year 2021, Fiscal Year 2020 and Fiscal Year 2019, respectively.

Segment Information - Misc Inco

Segment Information - Misc Income (Expense) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Segment Reporting [Abstract]
Realized and unrealized gain (loss) on equity investments with readily determinable fair value, see Note 8 for further detail.		$ 51,178	$ 37,628	$ (3,497)
Non-service cost components of net periodic pension and postretirement benefit costs		(264)	(1,239)	(2,276)
Dividend income from equity investments		0	722	1,202
Loss on extinguishment of debt associated with Tao Group Hospitality		0	0	(3,977)
Measurement alternative adjustments for equity investments without readily determinable fair value		0	(532)	3,340
Others, net, primarily reflects the impact of Tao Group Hospitality		148	2,276	(853)
Miscellaneous income, net	[1],[2]	$ 51,062	$ 38,855	$ (6,061)
[1]	Miscellaneous income (expense), net includes charges to related parties of $(178) and $(451) for the years ended June 30, 2020 and 2019, respectively.
[2]	Miscellaneous income (expense), net includes the followings:

Concentration of Risk - Narrati

Concentration of Risk - Narrative (Details)	12 Months Ended
	Jun. 30, 2021Employee
Concentration Risk [Line Items]
Number of employees subject to CBAs	1,900
Employees subject to CBAs (as a percent)	33.00%
Already Expired As of The Current Year End | Workforce Subject to Collective Bargaining Arrangements | Unionized Employees Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage	52.00%
Not Expired As of The Current Year End [Member] | Workforce Subject to Collective Bargaining Arrangements Expiring within One Year | Unionized Employees Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage	11.00%

Correction of Previously Issu_3

Correction of Previously Issued Consolidated and Combined Financial Statements (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Property and equipment, net		$ 2,148,575	$ 1,660,453
Total assets		4,316,569	3,733,544
Additional paid-in capital		2,758,843	2,765,295
Retained earnings (accumulated deficit)		(234,895)	142,297
Total Madison Square Garden Entertainment Corp. stockholders' equity		2,497,069	2,855,975
Total equity		2,508,973	2,868,178	$ 2,598,116	$ 2,492,221
Total liabilities, redeemable noncontrolling interests and equity		4,316,569	3,733,544
Interest expense		(208)	(240)	(5,587)
Loss from operations before income taxes		(404,931)	(7,581)	(20,020)
Net loss		(395,560)	(12,627)	(20,463)
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (377,192)	$ 19,294	$ (8,219)
Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders	[1]	$ (15.95)	$ 0.81	$ (0.35)
Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders	[1]	$ (15.95)	$ 0.81	$ (0.35)
Comprehensive loss		$ (370,823)	$ (18,955)	$ (26,038)
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		(352,455)	12,966	(13,794)
Net cash provided by (used in) operating activities		(254,590)	98,091	101,399
Capitalized interest		(34,890)	(2,060)	(9,675)
Net cash used in investing activities		(119,330)	(391,717)	(237,738)
As Previously Issued
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Property and equipment, net		2,099,347	1,646,115
Total assets		4,267,341	3,719,206
Additional paid-in capital		2,744,866	2,751,318
Retained earnings (accumulated deficit)		(270,146)	141,936
Total Madison Square Garden Entertainment Corp. stockholders' equity		2,447,841	2,841,637
Total equity		2,459,745	2,853,840
Total liabilities, redeemable noncontrolling interests and equity		4,267,341	3,719,206
Interest expense		(35,098)	(2,300)	(15,262)
Loss from operations before income taxes		(439,821)	(9,641)	(29,695)
Net loss		(430,450)	(14,687)	(30,138)
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (412,082)	$ 17,234	$ (17,894)
Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (17.39)	$ 0.72	$ (0.75)
Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (17.39)	$ 0.72	$ (0.75)
Comprehensive loss		$ (405,713)	$ (21,015)	$ (35,713)
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		(387,345)	10,906	(23,469)
Net cash provided by (used in) operating activities		(289,480)	96,031	91,724
Capitalized interest		0	0	0
Net cash used in investing activities		(84,440)	(389,657)	(228,063)
Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Property and equipment, net		49,228	14,338
Total assets		49,228	14,338
Additional paid-in capital		13,977	13,977
Retained earnings (accumulated deficit)		35,251	361
Total Madison Square Garden Entertainment Corp. stockholders' equity		49,228	14,338
Total equity		49,228	14,338
Total liabilities, redeemable noncontrolling interests and equity		49,228	14,338
Interest expense		34,890	2,060	9,675
Loss from operations before income taxes		34,890	2,060	9,675
Net loss		34,890	2,060	9,675
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ 34,890	$ 2,060	$ 9,675
Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ 1.44	$ 0.09	$ 0.40
Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ 1.44	$ 0.09	$ 0.40
Comprehensive loss		$ 34,890	$ 2,060	$ 9,675
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		34,890	2,060	9,675
Net cash provided by (used in) operating activities		34,890	2,060	9,675
Capitalized interest		(34,890)	(2,060)	(9,675)
Net cash used in investing activities		(34,890)	(2,060)	(9,675)
As Revised
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Property and equipment, net		2,148,575	1,660,453
Total assets		4,316,569	3,733,544
Additional paid-in capital		2,758,843	2,765,295
Retained earnings (accumulated deficit)		(234,895)	142,297
Total Madison Square Garden Entertainment Corp. stockholders' equity		2,497,069	2,855,975
Total equity		2,508,973	2,868,178
Total liabilities, redeemable noncontrolling interests and equity		4,316,569	3,733,544
Interest expense		(208)	(240)	(5,587)
Loss from operations before income taxes		(404,931)	(7,581)	(20,020)
Net loss		(395,560)	(12,627)	(20,463)
Net income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (377,192)	$ 19,294	$ (8,219)
Basic earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (15.95)	$ 0.81	$ (0.35)
Diluted earnings (loss) per common share attributable to Madison Square Garden Entertainment Corp.'s stockholders		$ (15.95)	$ 0.81	$ (0.35)
Comprehensive loss		$ (370,823)	$ (18,955)	$ (26,038)
Comprehensive income (loss) attributable to Madison Square Garden Entertainment Corp.'s stockholders		(352,455)	12,966	(13,794)
Net cash provided by (used in) operating activities		(254,590)	98,091	101,399
Capitalized interest		(34,890)	(2,060)	(9,675)
Net cash used in investing activities		$ (119,330)	$ (391,717)	$ (237,738)
[1]	On April 17, 2020 (the “Entertainment Distribution Date”), 23,992 shares of common stock were distributed to stockholders of Madison Square Garden Sports Corp. (“MSG Sports,” formerly known as The Madison Square Garden Company) as of April 13, 2020. This share amount is being utilized for the calculation of basic and diluted earnings (loss) per share for both the years ended June 30, 2019 and for the period prior to April 17, 2020 in the year ended June 30, 2020 because Madison Square Garden Entertainment Corp. was a wholly-owned subsidiary of MSG Sports. prior to the Entertainment Distribution Date.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	Jul. 01, 2021	Jun. 30, 2021
Subsequent Event [Line Items]
Lessee, Operating Lease, Liability, to be Paid		$ 410,377
Subsequent Event
Subsequent Event [Line Items]
Lessee, Operating Lease, Liability, to be Paid	$ 233,000