Sphere Losses Grow as Venue Prepares Full Calendar for 2024

Sphere Losses Grow as Venue Prepares Full Calendar for 2024

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In its first full quarter of operation, Sphere, the next-generation music venue in Las Vegas, lost $193.9 million on revenue of $167.8 million, its owner, Sphere Entertainment Co., announced Monday (Feb. 5). The company posted an adjusted operating gain of $14.1 million if “certain corporate…

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