Reply to thread

Message: [QUOTE="Queen, post: 87022, member: 27"] A flashy venue that once bled cash is inching toward stability while plotting a global takeover with mini and mega versions of itself. Revenue climbs while losses shrink [LIST] [*]Sphere Entertainment pulled in 1.22 billion dollars for FY 2025. [*]Annual operating loss narrowed to 229.6 million dollars. [*]Adjusted operating profit jumped 138 percent to 261.8 million. [*]Those adjusted figures strip out depreciation and other non-cash hits. [/LIST] Q4 flips the script [LIST] [*]Fourth quarter revenue reached 394.3 million dollars. [*]Operating income swung to 28.9 million after a prior loss. [*]Concert runs featured Eagles and Dead and Company residencies. [*]Backstreet Boys, Anyma, Kenny Chesney, and Zac Brown Band also cycled through. [/LIST] The Wizard of Oz prints money [LIST] [*]James Dolan said 2.2 million tickets moved for The Wizard of Oz. [*]Box office for that immersive show hit roughly 290 million dollars. [*]Average ticket price hovered around 132 dollars. [*]An upgraded Wizard of Oz 2.0 with new scenes drops later this year. [/LIST] Global expansion gears up [LIST] [*]Plans are advancing for a full-scale Sphere in Abu Dhabi. [*]National Harbor in Maryland is slated for a 6000 seat mini Sphere. [*]Project partners include the State of Maryland and Peterson Companies. [*]The targeted opening is within four years, using mixed funding. [/LIST] Pipeline looks packed [LIST] [*]Dolan said 2026 residency slots are nearly gone. [*]Long weekend bookings anchor the Las Vegas calendar. [*]From The Edge remains on track for completion this year. [*]Talks with major IP holders are heating up for new immersive shows. [/LIST] [/QUOTE]

Name