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.
The Italian producer will now play shows on Jan. 10 and 11, along with his previously announced six performances.
The XO Stream, which will allow those beyond Las Vegas to view the Exosphere, was one of several features the venue debuted during its 4th of July event.
The executive's new employment contract runs through June 30, 2027.
The firm founded by the billionaire hedge funder previously owned and sold a smaller stake in the company.
Dolan will be paid a based salary of $1.5 million per year and is expected to receive one or more incentive awards worth at least $8.6 million.
Also this week: DiMA doubles down on its svp of government affairs, APM Music elevates a sync licensing veteran and Reed Smith adds counsel.
