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MSG Entertainment provides update on spin-off of live entertainment business

The Company also recently announced that it is moving forward with the spin-off of its traditional live entertainment business. In January, the company confidentially submitted an Amended Form 10 Registration Statement with the SEC for the proposed transaction and anticipates filing a publicly available Form 10 Registration Statement with the SEC this month. In addition, the company expects to complete the spin-off by the end of March. Completion of the transaction remains subject to various conditions, including final Board approval.

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