Madison Square Garden Entertainment Corp. operates iconic live entertainment venues in major U.S. cities, principally in the New York City metropolitan area, including Madison Square Garden, Radio City Music Hall, and several other theaters. The company generates revenue by hosting and promoting a diverse portfolio of live events—concerts, sports games, theatrical productions, and family shows—through a combination of ticket sales from events it produces or co-promotes, venue licensing fees charged to third-party promoters, facility and sponsorship fees, and ancillary revenues from food and beverage concessions, merchandise, and suite rentals. The company's business relies on its ability to attract marquee entertainment and sporting events, maintain strong brand recognition for proprietary productions such as the annual Christmas Spectacular, and capitalize on premium offerings and sponsorships across its portfolio of owned and leased venues.