# Sphere Entertainment Co.

> Sphere Entertainment Co. (NYSE: SPHR) is a live entertainment and media company built around two very different assets: Sphere, the $2.3 billion immersive venue in Las Vegas wrapped in the world's largest LED screen, and MSG Networks, a 50-year-old regional sports broadcaster serving the New York market. The company sells the same thing through both - a seat inside a show - but one does it with 16K video, haptic seats, and beamformed sound, and the other does it through your cable box and the MSG+ app.

- **Founded:** 2023
- **Headquarters:** New York, New York, United States
- **Founders:** James L. Dolan (Executive Chairman & CEO)
- **Team size:** ~1,100 employees
- **Products:** Sphere (Las Vegas), The Sphere Experience, Exosphere, MSG Networks, MSG+
- **Notable:** Built and opened the most expensive entertainment venue in Las Vegas history at roughly $2.3 billion (September 29, 2023)., Home to the world's largest LED screen (the Exosphere) and the world's highest-resolution interior LED display (16K x 16K)., Opened with a 40-show U2 residency and has since hosted the Eagles, Dead & Company, Phish, Anyma, Backstreet Boys and Kenny Chesney.

## Products & services

- **Sphere (Las Vegas)** — A 17,600-seat (up to ~20,000 capacity) immersive venue wrapped in a 16K x 16K interior LED screen, with Sphere Immersive Sound, haptic seating and 4D environmental effects. Hosts original productions, concert residencies and marquee events.
- **The Sphere Experience** — Original immersive productions built specifically for the dome, including Darren Aronofsky's 'Postcard from Earth' and 'The Wizard of Oz at Sphere.'
- **Exosphere** — The venue's exterior - roughly 580,000 sq ft of programmable LED (about 1.2 million pucks) forming the world's largest LED screen, sold as a branding and advertising surface.
- **MSG Networks** — Regional sports and entertainment networks (MSG Network and MSG Sportsnet) carrying live games for pro franchises in the New York market, plus original programming.
- **MSG+** — Direct-to-consumer and authenticated streaming product delivering live sports and other programming from MSG Networks.

## Achievements

- Built and opened the most expensive entertainment venue in Las Vegas history at roughly $2.3 billion (September 29, 2023).
- Home to the world's largest LED screen (the Exosphere) and the world's highest-resolution interior LED display (16K x 16K).
- Opened with a 40-show U2 residency and has since hosted the Eagles, Dead & Company, Phish, Anyma, Backstreet Boys and Kenny Chesney.
- 'The Wizard of Oz at Sphere' generated about $290 million after its August launch; company revenue topped $1.2 billion in 2025.
- Secured a government-funded second venue in Abu Dhabi and announced plans for a venue at National Harbor, Maryland.

## Latest updates

- **2026-07** — Reported Q2 FY2026 revenue of $313.6M, up 11% year over year, with an operating loss but positive adjusted operating income.
- **2026-01** — Announced plans to develop a Sphere venue at National Harbor, Maryland, with Peterson Companies and state and county partners.
- **2026-01** — Confirmed Yas Island as the home of Sphere Abu Dhabi, a reported ~$1.7B venue funded by DCT Abu Dhabi, targeted for around 2029.
- **2025-08** — 'The Wizard of Oz at Sphere' launched as a new immersive production and became a major revenue driver, contributing to full-year revenue above $1.2B.
- **2025-01** — Kenny Chesney announced a Sphere residency, becoming the first country artist to headline the venue.

## Links

- Website: https://www.sphereentertainmentco.com
- LinkedIn: https://www.linkedin.com/company/sphere-entertainment-co
- Twitter/X: https://x.com/spherevegas
- Instagram: https://www.instagram.com/sphereentertainments/

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Profile page: https://yespress.io/sphere-entertainment-co
Published by YesPress — https://yespress.io
Last updated: 2026-08-13