LAS
VEGAS, June 12, 2024 /PRNewswire/ -- Sphere
Entertainment Co. (NYSE: SPHR) today announced that Jennifer Koester's role at the Company has been
expanded to President and Chief Operating Officer of Sphere. Ms.
Koester most recently served as the Company's President, Sphere
Business Operations, where she has played a critical role in
leading the strategy and execution of all business aspects of
Sphere, a next-generation entertainment medium in Las Vegas.
In this expanded role, Ms. Koester will continue working
together with executive leadership, and across the broader Sphere
team, to grow the business and optimize its operations. Ms. Koester
will now also provide strategic oversight for Sphere Studios – the
immersive content studio in Burbank dedicated to developing
multi-sensory experiences exclusively for Sphere – including
further developing the Studios' capabilities as a full-service
production studio. She will continue to focus on maximizing venue
utilization across a range of categories, such as original
programming, attractions, concerts, residencies, and corporate and
marquee events; driving strategic partnerships; delivering the best
customer experience; and growing Sphere as a premium global
brand.
"Since joining our team earlier this year, Jennifer's
contributions have had a significant impact," said James Dolan, Executive Chairman and Chief
Executive Officer, Sphere Entertainment. "We believe we are just
scratching the surface of what is possible with Sphere, and her
expertise will be essential as we continue to advance on our
long-term vision for this next-generation entertainment
medium."
"I welcome the opportunity to take on this expanded role," said
Ms. Koester. "Across the Sphere organization we are focused on both
bringing unique experiences to life in Las Vegas, and developing new experiences that
will keep Sphere at the forefront of immersive entertainment. I
look forward to continuing to work with our world-class team to
grow our business and deliver on Sphere's vision for the future of
entertainment."
A seasoned executive with 30 years of diverse experience in
technology, media, and entertainment, Ms. Koester's experience
spans across functional areas including business development,
marketing, technology, legal, and product management. Throughout
her career, she has leveraged her diverse expertise with a unique
ability to integrate legal, technical, business, and operational
matters. She joined Sphere Entertainment in February 2024 from Google, where she served as
Managing Director, Americas Strategic Alliances, Global
Partnerships. In this role, Ms. Koester was responsible for leading
the overall relationship with Google's most strategic partners to
drive greater incremental value across Google's products and
services. She 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. Her
experience prior to Google includes serving as Senior Vice
President of Advanced Advertising Product Development, Data
Analytics and Ad Operations at Cablevision, as well as various
legal positions.
Ms. Koester received a J.D. from St. John's
University School of Law and a B.S. in Management
Information Systems 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+,
delivering a wide range of live sports content and other
programming. More information is available at
sphereentertainmentco.com.
Contact:
Sphere Entertainment
– spherepr@thesphere.com
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SOURCE Sphere Entertainment Co.
