SPHERE ENTERTAINMENT NAMES JENNIFER KOESTER PRESIDENT, SPHERE BUSINESS OPERATIONS

Sphere Las Vegas

LAS VEGAS (January 22, 2024) – Sphere Entertainment Co. (NYSE: SPHR)
today announced that Jennifer Koester, a seasoned executive with over 25
years of diverse experience, will join the Company as President, of Sphere
Business Operations effective February 5th. In this new position, Ms.
Koester will lead the strategy and execution of all business aspects of
Sphere is a next-generation entertainment medium that is redefining the
future of live entertainment. The first Sphere venue opened in Las Vegas
in September 2023.

Ms. Koester will work together with executive leadership to grow the
Sphere businesses, including maximizing the calendar and ticket sales
with the Company’s proprietary shows and attractions; driving
strategic partnerships as well as focusing on bespoke “only in
Sphere” bookings with artists, managers, and promoters; and developing
a corporate conference business for product launches and other events.
Ms. Koester will be based in New York and report to James Dolan,
Executive Chairman and Chief Executive Officer, Sphere Entertainment.

“I am pleased to welcome Jennifer to Sphere Entertainment,” said Mr.
Dolan. “We have seen a strong worldwide reaction to Sphere from
customers, brands, and artists since our September opening, and we look
forward to leveraging Jennifer’s extensive background driving growth
at premier technology and entertainment brands as we continue to build
our Sphere business.”

“The opportunity to join the Sphere team and be part of this
next-generation entertainment medium is a tremendous opportunity,”
said Ms. Koester. “Throughout my career, I have focused on pioneering
and delivering growth strategies that bridge business needs and leverage
new technologies, and I am excited to bring that experience to
Sphere.”

Ms. Koester brings extensive leadership experience across a variety of
functional areas including sales, marketing, technology, and digital
business. For the past 25 years, she has provided legal counsel, led
business development efforts, driven strategy, and internal operations
and external go-to-market for F100 companies with a unique ability to
integrate legal, technical, business, and operational matters. Most
recently, she served as Managing Director, Americas Strategic Alliances,
Global Partnerships at Google Commercial Operations. In this role she
was responsible for leading the overall relationship with Google’s
most strategic partners to drive greater incremental value across
Google’s products and services. Ms. Koester also previously served as
Director, Telecommunications and Video Distributors, Global Partnerships
at Google, where she was a key contributor to product strategy and
roadmaps that delivered new revenue opportunities, including development
and monetization of advertising product lines. Ms. Koester’s
experience prior to Google includes serving as Senior Vice President of
Advanced Advertising Product Development, Data Analytics, and Ad
Operations at Cablevision.

Ms. Koester received a J.D. from St. John’s University School of Law
and a bachelor’s degree in management information systems and services
from Binghamton University.

# # #

About Sphere Entertainment Co.
Sphere Entertainment Co. (NYSE: SPHR) is a premier live entertainment
and media company. The Company includes Sphere, a next-generation
entertainment medium powered by cutting-edge technologies to redefine
the future of entertainment. The first Sphere venue opened in Las Vegas
in September 2023. In addition, the Company includes MSG Networks, which
operates two regional sports and entertainment networks, MSG Network and
MSG Sportsnet, as well as a direct-to-consumer and authenticated
streaming product, MSG+, delivers a wide range of live sports content
and other programming. More information is available at
sphereentertainmentco.com [1].

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