Las Vegas Sphere Reports $98.4 Million Loss
By Conway Crew
November 10, 2023
Despite the Sphere's popularity, it has lost approximately $100 million in the first quarter. And the venue also lost its chief financial officer Gautam Ranji.
- The Sphere opened September 29th with U2's residency.
- The Sphere’s structure cost $2.3 billion to build.
- Took five years to build
- Stands 366 feet tall
- Has the world’s largest 16K high-resolution LED screen.
- Its 580,000-square-foot surface is covered by 1.2 million LED screens that have rotating external marketing messages.