MSG Sphere Reports $98.4 Million Loss After Las Vegas Debut

In the aftermath of its grand opening on the Las Vegas Strip, the MSG Sphere faced financial setbacks,

revealing a loss of $98.4 million for the quarter ending on September 30.

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CFO Resignation Raises Eyebrows, A mere day after the venue's debut, the Chief Financial Officer, Gautam Ranj,

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resigned from Sphere Entertainment, leaving questions about the company's financial direction. Ranj had held his position for 11 months.

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While Rand's departure was unexpected, Sphere Entertainment assured that it was not due to conflicts with auditors or management on accounting principles,

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financial disclosure, or internal controls, as per the Securities and Exchange Commission filing.

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Following Ranj's resignation, Senior Vice President Greg Brunner assumed the role of interim CFO on November 3,

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according to the filing. The company aims for a seamless transition in its financial leadership

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