Sphere posts losses for fiscal 2024 Q2
The venue's US$193.9m losses include a $116.5m non-cash impairment charge relating to its cancelled London Sphere plans
News By James Hanley | 8 February 2024
The Sphere in Las Vegas has posted losses of US$193.9 million (€179.4m) for fiscal 2024 Q2 – its first full quarter of operation – on revenue of $167.8m. The next-generation 17,500-seat/20,000-cap Sphere opened in Vegas in September 2023 with U2’s residency, U2:UV Achtung Baby Live At The Sphere.
Every show of the U2 run, which wraps up next month after 40 shows and multiple extensions, has sold out so far, with upcoming stints by Phish and Dead & Company set to…
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