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Celebrity Deaths 2025: Jeannie Seely, Hulk Hogan, Ozzy Osbourne

Celebrity Deaths 2025: Jeannie Seely, Hulk Hogan, Ozzy Osbourne

Yahoo15 hours ago
2025 is already a year of tragic loss after the deaths of many incredible stars, from David Lynch to Ozzy Osbourne.
Just last year, we also had to say goodbye to some incredible artists in Hollywood, both young and older. Among the stars who passed in 2024 were country star Toby Keith, fashion designer Roberto Cavalli, former president Jimmy Carter, British actress Dame Maggie Smith, former One Direction member Liam Payne and Beverly Hills 90210 alum Shannen Doherty, just to name a few.
But as we continue to mourn these losses, and send our deepest condolences to their families, 2025 is already seeing some celebrity deaths.
Keep reading to see all the stars who have passed away in 2025. Our hearts go out to their loved ones.
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Brandon Blackstock
On August 7, People was the first to report that talent manager and ex-husband of Kelly Clarkson, Brandon Blackstock, died at age 48 after a private battle with cancer.
Brandon bravely battled cancer for more than three years. He passed away peacefully and was surrounded by family. We thank you for your thoughts and prayers and ask everyone to respect the family's privacy during this very difficult time,' a statement read.
Blackstock was married to the American Idol winner from 2013 until 2020. They shared two children, River, 11, and Remington, 9. Blackstock was also a father to two children from a previous marriage, Savannah and Seth, and became a grandfather in 2022 when his oldest daughter welcomed a baby.
Jeannie Seely
Grammy-winning singer Jeannie Seely has sadly passed away at the age of 85. Along with being beloved for her country music, she holds the record for 5,397 Grand Ole Opry performances!
Hulk Hogan
Hulk Hogan reportedly died on July 24 at age 71. According to TMZ, the wrestling legend died as the result of a cardiac arrest at his home in Clearwater, Florida.
Hogan was a father to Brooke and Nick Hogan from his marriage to Linda Hogan, which ended in 2007. He was married to Jennifer McDaniel from 2010 until 2022.
Ozzy Osbourne
Legendary musician Ozzy Osbourne, known for being the legendary singer of Black Sabbath, has passed away at the age of 76.
'It is with more sadness than mere words can convey that we have to report that our beloved Ozzy Osbourne has passed away this morning,' the statement reads to The Sun. 'He was with his family and surrounded by love. We ask everyone to respect our family privacy at this time. Sharon, Jack, Kelly, Aimee and Louis.'
Malcolm-Jamal Warner
The Cosby Show alum Malcolm-Jamal Warner died at age 54 on July 21 after an accidental drowning in Costa Rica.
Warner played the role of Theodore Huxtable on all eight seasons of The Cosby Show. Warner had a wife and two daughters whose identities have never been revealed publicly.
Anne Burrell
Anne Burrell, a renowned chef and longtime Food Network star, passed away on June 17 in her home in Brooklyn, New York. She was 55.
Her family announced the news in a statement. 'Her smile lit up every room she entered,' the statement read, per ABC News. 'Anne's light radiated far beyond those she knew, touching millions across the world. Though she is no longer with us, her warmth, spirit, and boundless love remain eternal.'
Brian Wilson
Beach Boys co-founder Brian Wilson has passed away. He was 82.
His family announced the news alongside a picture of the musician on Instagram. 'We are heartbroken to announce that our beloved father Brian Wilson has passed away,' his family wrote. 'We are at a loss for words right now.'
'Please respect our privacy at this time as our family is grieving,' the statement continued. 'We realize that we are sharing our grief with the world.'
Wilson served as the Beach Boys' songwriter, co-lead vocalist and bass guitar and keyboard player. Other original band members included his brothers, Dennis and Carl Wilson, his cousin Mike Love and friend Al Jardine.
Renee Victor
American actress, dance instructor, and singer Renee Victor tragically died from lymphoma at the age of 86 on May 30, 2025.
She is survived by her daughters Raquel Victor and Margo Victor.
Valerie Mahaffey
Valerie Mahaffey, TV actress known for her roles in Young Sheldon and Desperate Housewives, has tragically passed away at the age of 71 from cancer. Her husband confirmed the news to Page Six, saying, 'I have lost the love of my life, and America has lost one of its most endearing actresses. She will be missed.'
She is survived by her husband Joseph Kell and their daughter Alice Richards.
Loretta Swit
Emmy-winning actress Loretta Swit, known for her role as Major Margaret J 'Hot Lips' Houlihan in the series M*A*S*H, has died from natural causes at the age of 87.
George Wendt
George Wendt, known for his roles in Cheers, has sadly passed away at the age of 76.
His publicist Melissa Nathan confirmed the news to People, saying: 'Beloved actor and comedian, George Wendt, best known for starring in the NBC hit comedy Cheers, has passed away. George's family confirmed the news of his death early Tuesday morning, announcing he died peacefully in his sleep while at home,' the statement continued. 'George was a doting family man, a well-loved friend and confidant to all of those lucky enough to have known him. He will be missed forever.'
She added, 'The family has requested privacy during this time.'
Wendt is survived by his wife and children.
Jiggly Caliente
RuPaul's Drag Race icon Jiggly Caliente has tragically passed away at the age of 44, mere days after a leg amputation. Her family confirmed the news on her Instagram, saying, 'It is with profound sorrow that we announce the passing of Bianca Castro-Arabejo, known to the world and cherished by many as Jiggly Caliente. Bianca passed away peacefully on April 27, 2025, at 4:42 am, surrounded by her loving family and close friends.'
Virginia Giuffre
Virginia Giuffre, one of the Jeffrey Epstein and Prince Andrew abuse accusers, has tragically passed away at the age of 41. She died by suicide, and her family issued a statement to People, saying,'Giuffre lost her life to suicide, after being a lifelong victim of sexual abuse and sex trafficking. Virginia was a fierce warrior in the fight against sexual abuse and sex trafficking. She was the light that lifted so many survivors. Despite all the adversity she faced in her life, she shone so bright. She will be missed beyond measure. The light of her life were her children Christian, Noah, and Emily.'
She is survived by her three children.
Lar Park Lincoln
Actress Lar Park Lincoln, known for her roles in House II: The Second Story, Friday the 13th Part VII: The New Blood, and Knots Landing, has passed away at the age of 63 from her long battle with breast cancer. She is survived by her two children.
Pope Francis
Pope Francis, the head of the Catholic Church who made history as the first Latin American pontiff and one who tried to reshape the Church, passed away on April 20, 2025. His death on Easter Sunday followed his health complications in the past month, including being hospitalized with double pneumonia. He was 88 years old.
'With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite merciful love of the Triune God,' Cardinal Kevin Farrell wrote in a statement announcing his passing, per CNN. Until a new pope is chosen, Farrell acts as the head of the Vatican.
Clodagh Rodgers
Eurovision legend Clodagh Rodgers, known for her hit singles like 'Come Back and Shake Me', 'Goodnight Midnight' and 'Jack in the Box,' has passed away at the age of 78. She is survived by her son Sam, who announced her death on Facebook, saying, 'With a heavy heart, my dear beautiful mum Clodagh has sadly passed away after battling an illness for the last three years. She passed away peacefully yesterday surrounded by her family in Cobham. 'Mum has lived an incredible life, full of love and happiness. Her fantastic career performing, traveling the world, devoting her life to her two sons and being the rock of this family. Life will not be the same without Mum, but she will finally be at peace now with dad, nanny and pappa.'
Nicky Katt
Actor Nicky Katt, known for his roles in Boston Public and Dazed and Confused, has tragically passed away at the age of 54.
His death was confirmed to Page Six by John Sloss, founder and partner at Sloss Law, who provided legal representation to Katt when he was alive.
Lucy Markovic
Croatian model Lucy Markovic has tragically passed away at the age of 27. She had an arteriovenous malformation, which is a disease with tangled, abnormal brain vessels, and complications from this were the cause of her death.
She was best known for her extensive modeling career, modeling for brands like Givenchy, Versace, and Armani, and competing on Australia's Next Top Model.
Ted Kotcheff
Ted Kotcheff, known for directing films such as Wake in Fright and Weekend at Bernie's, has died at the age of 94 from heart failure. He is survived by his five children and his longtime wife Laifun Chung.
Val Kilmer
Val Kilmer died at age 65 on Tuesday, April 1. Her daughter, Mercedes Kilmer, told The New York Times that her father died of pneumonia. He previously battled with throat cancer after a 2014 diagnosis but recovered.
Kilmer is survived by daughter Mercedes and son Jack from his marriage to Joanne Whalley.
The actor who is best known for roles in 1986's Top Gun, 1995's Batman Forever and 1995's Heat made his final film appearance in 2022's Top Gun: Maverick.
Richard Chamberlain
Richard Chamberlain passed away at the age of 90 on March 29, 2025.
'Our beloved Richard is with the angels now,' Martin Rabbett, Chamberlain's longtime partner, said in a statement obtained by People. 'He is free and soaring to those loved ones before us. How blessed were we to have known such an amazing and loving soul. Love never dies. And our love is under his wings lifting him to his next great adventure.'
George Foreman
The two-time world heavyweight champion and businessman, George Foreman, has passed away at the age of 76. His family broke the news on Instagram on March 21, saying, 'Our hearts are broken. With profound sorrow, we announce the passing of our beloved George Edward Foreman Sr. who peacefully departed on March 21, 2025 surrounded by loved ones. A devout preacher, a devoted husband, a loving father, and a proud grand and great grandfather, he lived a life marked by unwavering faith, humility, and purpose.'
He is survived by his 11 children, 15 grandchildren and 3 great-grandchildren. (He has 12 children, but tragically, his daughter Freeda died in 2019.)
Angie Stone
Singer Angie Stone has passed away at the age of 63 from a car accident, per Page Six. Her daughter, Diamond Stone, confirmed the news, saying,
'My mommy is gone,' alongside several crying emojis. The R&B and soul singer was part of two trios, Sequence and then Vertical Hold, before going solo. She was most well-known for her single, 'No More Rain (In This Cloud).'
She is survived by her two children: Diamond, born in 1984, and Michael, born in 1998. She was also the grandmother to Diamond's two children.
Gene Hackman & Betsy Arakawa
Oscar-winning actor Gene Hackman and longtime wife Betsy Arakawa were found dead in their New Mexico home on Thursday, Feb. 26, AP reports. The couple, who had been married since 1991, were found alongside their dog, who had also passed away. Hackman was 95 while his wife, a classical pianist, was 63.
According to Santa Fe County Sheriff's Office, no foul play is suspected at this time and an investigation is ongoing
Michelle Trachtenberg
Actress Michelle Trachtenberg, known for roles in Gossip Girl, Buffy the Vampire Slayer and Harriet the Spy, died at age 39.
On Feb. 26, The New York Post reported that the actress was found dead inside her New York City apartment. Her death is not being investigated as suspicious.
Roberta Flack
Roberta Flack, a legendary R&B singer who rose to stardom through songs like 'The First Time Ever I Saw Your Face' and 'Killing Me Softly With His Song,' has passed away. She was 88.
Flack's rep confirmed the news to Variety. 'We are heartbroken that the glorious Roberta Flack passed away this morning, February 24, 2025,' the statement reads. 'She died peacefully surrounded by her family. Roberta broke boundaries and records. She was also a proud educator.'
Lynne Marie Stewart
Pee-wee's Playhouse and It's Always Sunny in Philadelphia star Lynne Marie Stewart has sadly passed away at the age of 78. Cassandra 'Elvira' Peterson confirmed the news of her pal's passing on Instagram, saying, 'My heart is breaking upon hearing the news of my dear friend @lynnestewart78 Lynne Stewart's passing. One of the kindest, sweetest, funniest women who ever lived. The iconic Miss Yvonne of Pee-wee's Playhouse: She'll always be 'the most beautiful woman in Puppetland. 💔''
Kim Sae-ron
Actress Kim Sae-ron, known for her roles in A Brand New Life and The Man from Nowhere, has tragically passed away at the age of 24. She was found in her home by a friend, and an investigation is ensuing around the circumstances of her tragic death.
Jocelyn Wildenstein
Swiss socialite Jocelyne Wildenstein, who was known as 'Catwoman' because of her cosmetic procedures, passed away on Jan. 1. She was 79 years old.
Wildenstein's partner Lloyd Klein announced the news to AFP, per Barron's. 'An icon has left us,' Klein told the outlet.
She passed from a pulmonary embolism in a luxury hotel in Paris.
Jeff Baena
Writer and director Jeff Baena, known for his work in movies like Life After Beth and The Little Hours, passed away on Jan. 3 at his home in Los Angeles, per CNN. The L.A. County Coroner's Office determined the cause of death to be suicide.
Following his death, his wife and longtime partner Audrey Plaza shared a statement with his family. 'This is an unimaginable tragedy. We are deeply grateful to everyone who has offered support,' the statement to Variety read. 'Please respect our privacy during this time.'
James Lee Williams (aka The Vivienne)
James Lee Williams, who also went by the stage name The Vivienne in Drag, passed away on Jan. 5. They were best known for winning the first season of RuPaul's Drag Race UK, and also participated in RuPaul's Drag Race All Stars. They were 32.
'James was an incredibly loved, warm-hearted and amazing person,' their agent Simon James wrote in his announcement on X. 'Their family is heartbroken at the loss of their son, brother and uncle. They are so proud of the wonderful things James achieved in their life and career.'
Host RuPaul Charles has responded to the sad news on Instagram. 'With a broken heart, I join the entire Drag Race universe in mourning the loss of The Vivienne—an incredibly talented queen and a lovely human being,' he wrote.
David Lynch
David Lynch, the visionary director behind Twin Peaks, Blue Velvet and Elephant Man, has passed away. The news was confirmed by his family on Jan. 16.
'It is with deep regret that we, his family, announce the passing of the man and the artist, David Lynch,' his family wrote in a statement on social media. 'We would appreciate some privacy at this time.'
'There's a big hole in the world now that he's no longer with us. But, as he would say, 'Keep your eye on the donut and not on the hole,'' the statement continued. 'It's a beautiful day with golden sunshine and blue skies all the way.'
Lynch is survived by his wife Emily Stofle and his two daughters, and two sons.
Lynn Ban
Bling Empire: New York star Lynn Ban has passed away. The news was confirmed by her son Sebastian on Instagram. She died following a ski accident in Aspen, Colorado. She was 52.
'My mum passed away on Monday,' Sebastian wrote alongside a gallery of them through the years. 'I know she wanted to share her journey after her accident and brain surgery, so I thought she would appreciate one last post sharing the news to people who supported her.'
'Many of you followed my mum but never got the chance to know her or meet her in person. I would like to take the chance to share who my mum really was,' he wrote. 'She was and always will be my best friend, the best mother to me, and someone who cared for all. She always had a smile on her face even when times were tough during her recovery process. She was a fighter until the end and is the strongest woman I know. She was the funniest and coolest mum I could ever ask for. She took care of me, my dad, and our Entire family throughout her whole life.'
'Although she may be gone now, I will do everything I can to make sure she is never forgotten and for her life to be celebrated as it deserves to be,' Sebastian concluded. 'As a final message to my mum, I would just like to say that I will miss you forever and to end in something she always told me 'I love you more than life itself' mum.'
She is also survived by her partner, Jett Kain.
Cecile Richards
Women's Rights advocate Cecile Richards, who served as president of Planned Parenthood, died on Monday, Jan. 20. She was 67.
'This morning our beloved Cecile passed away at home, surrounded by her family and her ever-loyal dog, Ollie,' her family wrote in a statement to CNN. 'Our hearts are broken today but no words can do justice to the joy she brought to our lives.'
Richards' family continued by saying they are 'grateful to the doctors and health care workers who provided her excellent care and the friends, family, and well-wishers who have been by her side during this challenging time.'
Previously, Richards had been open about her battle with glioblastoma, an aggressive type of brain cancer.
Marianne Faithfull
British singer and actress Marianne Faithfull died at the age of 78, a spokesperson revealed on January 30.
Faithfull, who is known for 1964 song 'As Tears Go By' and films like 1968's The Girl On A Motorcycle, was famously the girlfriend of Rolling Stones frontman Mick Jagger in the 1960s.
In a tribute, Jagger described Faithfull as 'a wonderful friend, a beautiful singer and a great actress,' saying he was 'so saddened.'
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Madison Square Garden Entertainment Corp. Reports Fiscal 2025 Fourth Quarter and Full Year Results
Madison Square Garden Entertainment Corp. Reports Fiscal 2025 Fourth Quarter and Full Year Results

Yahoo

time3 minutes ago

  • Yahoo

Madison Square Garden Entertainment Corp. Reports Fiscal 2025 Fourth Quarter and Full Year Results

NEW YORK, August 13, 2025--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2025. Fiscal 2025 was highlighted by another year of strong demand for the Company's array of live entertainment offerings. The Company hosted nearly 6 million guests at more than 975 events, including concerts, special events, family shows, and marquee sports, as well as the New York Knicks' ("Knicks") and New York Rangers' ("Rangers") regular seasons and the Knicks' playoff run. It also reflected approximately 1.1 million tickets sold across 200 shows of the Christmas Spectacular production, which delivered another year of record-setting revenues. In addition, the Company repurchased approximately $40 million of its Class A common stock during fiscal 2025. For fiscal 2025, the Company reported revenues of $942.7 million, a decrease of $16.5 million, or 2%, as compared to the prior year. In addition, the Company reported operating income of $122.1 million, an increase of $10.2 million, or 9%, and adjusted operating income of $222.5 million, an increase of $11.0 million, or 5%, both as compared to the prior year.(1) For the fiscal 2025 fourth quarter, the Company reported revenues of $154.1 million, a decrease of $31.9 million, or 17%, as compared to the prior year quarter. In addition, the Company reported an operating loss of $25.8 million, an increase of $16.9 million as compared to the prior year quarter, and an adjusted operating loss of $1.3 million as compared to adjusted operating income of $13.1 million in the prior year quarter.(1) Executive Chairman and CEO James L. Dolan said, "During fiscal 2025, we saw strong demand for our portfolio of entertainment assets. We see this momentum continuing in fiscal 2026, and believe we are well positioned to drive solid revenue and adjusted operating income growth in the year ahead." Results for the Three and Twelve Months Ended June 30, 2025 and 2024: Three Months Ended Twelve Months Ended June 30, Change June 30, Change $ millions 2025 2024 $ % 2025 2024 $ % Revenues $ 154.1 $ 186.1 $ (31.9 ) (17 )% $ 942.7 $ 959.3 $ (16.5 ) (2 )% Operating (Loss) Income $ (25.8 ) $ (8.9 ) $ (16.9 ) (191 )% $ 122.1 $ 111.9 $ 10.2 9 % Adjusted Operating (Loss) Income $ (1.3 ) $ 13.1 $ (14.4 ) NM $ 222.5 $ 211.5 $ 11.0 5 % Note: Amounts may not foot due to rounding. NM — Absolute percentages greater than 200% and comparisons from positive to negative values or to zero values are considered not meaningful. (1) See page 4 of this earnings release for the definition of adjusted operating income (loss) included in the discussion of non-GAAP financial measures. Entertainment Offerings, Arena License Fees and Other Leasing Fiscal 2025 fourth quarter revenues from entertainment offerings of $118.7 million decreased $24.1 million, or 17%, as compared to the prior year quarter, primarily due to lower event-related revenues and a decrease in revenues subject to the sharing of economics with Madison Square Garden Sports Corp. ("MSG Sports") pursuant to the Arena License Agreements. Event-related revenues decreased $21.6 million, primarily due to lower revenues from concerts, partially offset by higher revenues from other live entertainment and sporting events held at the Company's venues. The decrease in revenues from concerts primarily reflects a decrease in the number of concerts at the Madison Square Garden Arena ("The Garden") and lower per-concert revenues, primarily due to a shift in the mix of events at The Garden from promoted events to rentals, partially offset by an increase in the number of concerts at the Company's theaters, all as compared to the prior year quarter. The increase in revenues from other live entertainment and sporting events primarily reflects higher per-event revenues. Revenues subject to the sharing of economics with MSG Sports pursuant to the Arena License Agreements decreased $2.4 million, primarily due to lower suite license fee revenues (excluding those retained by MSG Entertainment) as compared to the prior year quarter, which mainly reflects the impact of fewer Knicks and Rangers games played at The Garden. Fiscal 2025 fourth quarter arena license fees and other leasing revenues of $9.0 million increased $0.5 million, or 6%, as compared to the prior year quarter, primarily due to an increase in other leasing revenues, partially offset by lower arena license fees due to a combined one fewer Knicks and Rangers regular season game played at The Garden as compared to the prior year quarter. Fiscal 2025 fourth quarter direct operating expenses associated with entertainment offerings, arena license fees and other leasing of $85.5 million decreased $14.2 million, or 14%, as compared to the prior year quarter, primarily due to lower event-related expenses and, to a lesser extent, lower expenses related to the sharing of economics with MSG Sports pursuant to the Arena License Agreements, partially offset by an increase in expenses related to the presentation of the Christmas Spectacular production and other cost increases. Event-related expenses decreased $15.7 million, mainly due to lower per-concert expenses, primarily due to a shift in the mix of events at The Garden from promoted events to rentals, and a decrease in the number of concerts at The Garden, partially offset by an increase in the number of concerts at the Company's theaters, all as compared to the prior year. This was partially offset by higher expenses for other live entertainment and sporting events as compared to the prior year quarter. Expenses associated with the sharing of economics with MSG Sports pursuant to the Arena License Agreements decreased $1.8 million, reflecting a proportional decrease in contractual revenue sharing as a result of the decrease in suite license fee revenues. Food, Beverage and Merchandise Fiscal 2025 fourth quarter food, beverage and merchandise revenues of $26.4 million decreased $8.3 million, or 24%, as compared to the prior year quarter. This decrease was primarily due to (i) lower food and beverage sales at Knicks and Rangers games, primarily due to fewer games played at The Garden as compared to the prior year quarter, partially offset by higher per-event revenues, and (ii) lower food and beverage sales at concerts, primarily due to a decrease in the number of concerts at The Garden, partially offset by an increase in the number of concerts at the Company's theaters, both as compared to the prior year quarter. Fiscal 2025 fourth quarter food, beverage and merchandise direct operating expenses of $16.5 million decreased $6.2 million, or 27%, as compared to the prior year quarter, primarily due to lower food and beverage costs at concerts at the Company's venues and lower food and beverage costs at Knicks and Rangers games at The Garden. Selling, General and Administrative Expenses Fiscal 2025 fourth quarter selling, general and administrative expenses of $59.9 million increased $4.1 million, or 7%, as compared with the prior year quarter. This increase was primarily due to higher employee compensation and related benefits, partially offset by lower rent expense and other net cost decreases. Operating Loss and Adjusted Operating (Loss) Income Fiscal 2025 fourth quarter operating loss of $25.8 million increased $16.9 million and adjusted operating income decreased $14.4 million to an adjusted operating loss of $1.3 million, both as compared to the prior year quarter, primarily due to the decrease in revenues and, to a lesser extent, higher selling, general and administrative expenses, partially offset by lower direct operating expenses. About Madison Square Garden Entertainment Corp. Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The Company's portfolio includes a collection of world-renowned venues – New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre – that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the Company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for more than 90 years. More information is available at Non-GAAP Financial Measures We define adjusted operating income (loss), which is a non-GAAP financial measure, as operating income (loss) excluding (i) depreciation, amortization and impairments of property and equipment, goodwill and other long-lived assets, including right of use assets and related lease costs, (ii) share-based compensation expense or benefit, (iii) restructuring charges or credits, (iv) merger, spin-off, and acquisition-related costs, including merger-related litigation expenses, (v) gains or losses on sales or dispositions of businesses and associated settlements, (vi) the impact of purchase accounting adjustments related to business acquisitions, (vii) amortization for capitalized cloud computing arrangement costs and (viii) gains and losses related to the remeasurement of liabilities under the executive deferred compensation plan. We exclude impairments of long-lived assets, including right-of-use assets and related lease costs, as these expenses do not represent core business operating results of the Company. We believe that the exclusion of share-based compensation expense or benefit allows investors to better track the performance of our business without regard to the settlement of an obligation that is not expected to be made in cash. We eliminate merger, spin-off, and acquisition-related transaction costs, when applicable, because the Company does not consider such costs to be indicative of the ongoing operating performance of the Company as they result from an event that is of a non-recurring nature, thereby enhancing comparability. In addition, management believes that the exclusion of gains and losses related to the remeasurement of liabilities under the executive deferred compensation plan, provides investors with a clearer picture of the Company's operating performance given that, in accordance with U.S. generally accepted accounting principles, gains and losses related to the remeasurement of liabilities under the executive deferred compensation plan are recognized in Operating (income) loss whereas gains and losses related to the remeasurement of the assets under the executive deferred compensation plan, which are equal to and therefore fully offset the gains and losses related to the remeasurement of liabilities, are recognized in Other income (expense), net, which is not reflected in Operating income (loss). We believe adjusted operating income (loss) is an appropriate measure for evaluating the operating performance of the Company on a consolidated basis. Adjusted operating income (loss) and similar measures with similar titles are common performance measures used by investors and analysts to analyze our performance. Internally, we use revenues and adjusted operating income (loss) as the most important indicators of our business performance, and evaluate management's effectiveness with specific reference to these indicators. Adjusted operating income (loss) should be viewed as a supplement to and not a substitute for operating income (loss), net income (loss), cash flows from operating activities, and other measures of performance and/or liquidity presented in accordance with GAAP. Since adjusted operating income (loss) is not a measure of performance calculated in accordance with GAAP, this measure may not be comparable to similar measures with similar titles used by other companies. For a reconciliation of operating income (loss) to adjusted operating income (loss), please see page 5 of this release. Forward-Looking Statements This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments or events may differ materially from those in the forward-looking statements as a result of various factors, including financial community perceptions of the Company and its business, operations, financial condition and the industries in which it operates and the factors described in the Company's filings with the Securities and Exchange Commission, including the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained therein. The Company disclaims any obligation to update any forward-looking statements contained herein. Conference Call Information: The conference call will be Webcast live today at 10:00 a.m. ET at Conference call dial-in number is 888-660-6386 / Conference ID Number 8020251Conference call replay number is 800-770-2030 / Conference ID Number 8020251 until August 20, 2025Investor presentation available at CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended June 30, Twelve Months Ended June 30, 2025 2024 2025 2024 Revenues Revenues from entertainment offerings $ 118,723 $ 142,872 $ 712,294 $ 723,897 Food, beverage, and merchandise revenues 26,402 34,713 150,506 162,092 Arena license fees and other leasing revenue 9,013 8,489 79,934 73,276 Total revenues 154,138 186,074 942,734 959,265 Direct operating expenses Entertainment offerings, arena license fees, and other leasing direct operating expenses (85,501 ) (99,716 ) (444,256 ) (475,502 ) Food, beverage, and merchandise direct operating expenses (16,489 ) (22,661 ) (91,387 ) (93,334 ) Total direct operating expenses (101,990 ) (122,377 ) (535,643 ) (568,836 ) Selling, general and administrative expenses (59,927 ) (55,807 ) (214,974 ) (206,963 ) Depreciation and amortization (15,432 ) (13,904 ) (57,768 ) (53,876 ) Impairment of long-lived assets (1,502 ) — (11,202 ) — Restructuring charges (1,041 ) (2,846 ) (1,055 ) (17,649 ) Operating (loss) income (25,754 ) (8,860 ) 122,092 111,941 Interest income 881 701 2,328 2,976 Interest expense (11,708 ) (14,193 ) (50,506 ) (57,954 ) Loss on extinguishment of debt (6,132 ) — (6,132 ) — Other income (expense), net 542 (3,127 ) (2,221 ) (4,672 ) (Loss) income from operations before income taxes (42,171 ) (25,479 ) 65,561 52,291 Income tax benefit (expense) 14,994 92,406 (28,130 ) 92,009 Net (loss) income $ (27,177 ) $ 66,927 $ 37,431 $ 144,300 (Loss) earnings per share attributable to MSG Entertainment's stockholders: Basic $ (0.57 ) $ 1.42 $ 0.78 $ 2.99 Diluted $ (0.57 ) $ 1.41 $ 0.77 $ 2.97 Weighted-average number of shares of common stock: Basic 47,611 47,067 48,031 48,275 Diluted 47,611 47,599 48,330 48,589 ADJUSTMENTS TO RECONCILE OPERATING INCOME (LOSS) TOADJUSTED OPERATING INCOME (LOSS)(in thousands)(Unaudited) The following is a description of the adjustments to operating (loss) income in arriving at adjusted operating (loss) income as described in this earnings release: Depreciation and amortization. This adjustment eliminates depreciation and amortization of property and equipment and intangible assets. Impairment of long-lived assets. This adjustment eliminates the impairment of long-lived assets, including right of use assets and related lease costs. Share-based compensation. This adjustment eliminates the compensation expense relating to restricted stock units, performance stock units and stock options granted to employees and non-employee directors. Restructuring charges. This adjustment eliminates costs related to termination benefits provided to certain corporate executives and employees. Merger, spin-off, and acquisition-related costs. This adjustment eliminates costs related to mergers, spin-offs and acquisitions, including merger-related litigation expenses. Amortization for capitalized cloud computing arrangement costs. This adjustment eliminates amortization of capitalized cloud computing arrangement costs. Remeasurement of deferred compensation plan liabilities. This adjustment eliminates the impact of gains and losses related to the remeasurement of liabilities under the executive deferred compensation plan. Three Months Ended Twelve Months Ended June 30, June 30, $ thousands 2025 2024 2025 2024 Operating (loss) income $ (25,754 ) $ (8,860 ) $ 122,092 $ 111,941 Depreciation and amortization 15,432 13,904 57,768 53,876 Impairment of long-lived assets 1,502 — 11,202 — Share-based compensation (excluding share-based compensation included in restructuring charges) 5,860 4,983 27,694 24,544 Restructuring charges 1,041 2,846 1,055 17,649 Merger, spin-off, and acquisition-related costs 113 — 1,474 2,035 Amortization of capitalized cloud computing arrangement costs 161 172 713 1,008 Remeasurement of deferred compensation plan liabilities 359 63 508 452 Adjusted operating (loss) income $ (1,286 ) $ 13,108 $ 222,506 $ 211,505 CONSOLIDATED BALANCE SHEETS (unaudited) (in thousands) June 30, 2025 2024 ASSETS Current Assets: Cash, cash equivalents and restricted cash $ 43,538 $ 33,555 Accounts receivable, net 66,781 77,259 Related party receivables, current 22,487 17,469 Prepaid expenses and other current assets 104,326 90,801 Total current assets 237,132 219,084 Non-Current Assets: Property and equipment, net 621,075 633,533 Right-of-use lease assets 484,544 388,658 Goodwill 69,041 69,041 Indefinite-lived intangible assets 63,801 63,801 Deferred tax assets, net 54,072 68,307 Other non-current assets 140,177 110,283 Total assets $ 1,669,842 $ 1,552,707 LIABILITIES AND DEFICIT Current Liabilities: Accounts payable, accrued and other current liabilities $ 184,360 $ 203,750 Related party payables, current 23,830 42,506 Long-term debt, current 30,469 16,250 Operating lease liabilities, current 35,100 27,736 Deferred revenue 228,642 215,581 Total current liabilities 502,401 505,823 Non-Current Liabilities: Long-term debt, net of deferred financing costs 568,780 599,248 Operating lease liabilities, non-current 566,484 427,014 Other non-current liabilities 45,477 43,787 Total liabilities 1,683,142 1,575,872 Commitments and contingencies Deficit: Class A Common Stock (a) 461 456 Class B Common Stock (b) 69 69 Additional paid-in capital 44,843 33,481 Treasury stock at cost (5,483 and 4,365 shares as of June 30, 2025 and June 30, 2024, respectively) (180,204 ) (140,512 ) Retained earnings 153,034 115,603 Accumulated other comprehensive loss (31,503 ) (32,262 ) Total deficit (13,300 ) (23,165 ) Total liabilities and deficit $ 1,669,842 $ 1,552,707 ______________________ (a) Class A Common Stock, $0.01 par value per share, 120,000 shares authorized; 46,076 and 45,556 shares issued as of June 30, 2025 and June 30, 2024, respectively. (b) Class B Common Stock, $0.01 par value per share, 30,000 shares authorized; 6,867 shares issued as of June 30, 2025 and June 30, 2024. SELECTED CASH FLOW INFORMATION (in thousands) (Unaudited) Twelve Months Ended June 30, 2025 2024 Net cash provided by operating activities $ 115,297 $ 111,266 Net cash used in investing activities (23,693 ) (62,371 ) Net cash used in financing activities (81,621 ) (99,695 ) Net increase (decrease) in cash, cash equivalents and restricted cash 9,983 (50,800 ) Cash, cash equivalents and restricted cash, beginning of period 33,555 84,355 Cash, cash equivalents and restricted cash, end of period $ 43,538 $ 33,555 View source version on Contacts Ari Danes, CFASenior Vice President, Investor Relations, Financial Communications & TreasuryMadison Square Garden Entertainment Corp.(212) 465-6072Justin BlaberVice President, Financial CommunicationsMadison Square Garden Entertainment Corp.(212) 465-6109Grace KaminerVice President, Investor Relations & TreasuryMadison Square Garden Entertainment Corp.(212) 631-5076 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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