Sphere Entertainment Co. Completes Sale of Its Majority Interest in Tao Group Hospitality

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May 03, 2023

Sphere Entertainment Co. (NYSE: SPHR) (the “Company” or “Sphere Entertainment”) today announced it has completed the sale of its 66.9% majority interest in Tao Group Hospitality to Mohari Hospitality, a global investment company focused on the luxury lifestyle and hospitality sectors.