Total Sphere revenue was $127.1 million in the quarter ended Sept. 30, down from $151.2 million and $170.4 million in the prior two quarters.
The new location will allow Sphere Entertainment to amortize the costs of the company's flagship Las Vegas venue.
Also this week: Believe UK's new head of A&R, a former managing director at Spotify joins Canvas Music and Ineffable Records appoints a head of synch.
The 20-company Billboard Global Music Index increased 0.4% to a record 1,964.44, bringing its year-to-date gain to 28.1%.
Big Sky, the camera created by Sphere to capture the outside world in 16K, is now being used inside the venue.
You've heard about that "dark desert highway" for decades. But have you ever seen it?
CEO Dana White said the budget for UFC’s Sphere event ballooned from $8 million to $20 million due to production costs.
Benchmark downgraded Sphere Entertainment to a "sell" rating with a $40 price target. The share price fell 4.4% to $44.55 on Tuesday (Sept. 3).
With its 30-date "Dead Forever" run, the band was the third group to play the groundbreaking Las Vegas venue. Here, Bernie Cahill talks about summoning Dead Heads to the desert.
The Italian producer will become the first electronic artist to play the Las Vegas venue this December, with this residency selling out in less than 24 hours.
