Las Vegas Sphere reports $98.4M loss; CFO quits
lasvegassun.com
Las Vegas Sphere reports $98.4M loss; CFO quits
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Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#2there goes the future of cinema
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#3I gotta be honest, I'm not sure what was expected? They spent $2b building this thing, it's brand new tech, it didn't host many shows last quarter (it was open for 1? full month of the quarter).
I still think The Sphere is super damn cool and I can't wait to go to an event there.
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#4If a U2 residency couldn't pay the bills...what will?
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#5I was looking at getting tickets for an event, and it looks like it sells out quite frequently. Hopefully they don't shut it down.
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#6> The New York Post reported Tuesday that Ranji suddenly quit after a bout of yelling and screaming from CEO James Dolan.
Been there done that and you don’t have to put up with abusive behavior like this in 2023. Good on him for leaving. Didn’t know Dolan had spread his dysfunction and entitled rich boy show to the desert also.
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#7I was looking at getting tickets for an event, and it looks like it sells out quite frequently. Hopefully they don't shut it down.
> Hopefully they don't shut it down.
It will probably be disassembled and moved to Dubai.
/s
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#8How is this thing not filling nightly with $1000 tickets to Laser Floyd?
Vegas has dispensaries - this seems like a no brainer.
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#9I gotta be honest, I'm not sure what was expected? They spent $2b building this thing, it's brand new tech, it didn't host many shows last quarter (it was open for 1? full month of the quarter). I still think The Sphere is super damn cool and I can't wait to go to an event there.
The loss seems surprisingly low, considering the cost of building the thing.
I don't expect this to end up like Brand-Briesen Airfield, or other massive buildings built and quickly sold at bankruptcy, anytime soon.
Re: Las Vegas Sphere reports $98.4M loss; CFO quits
#10I gotta be honest, I'm not sure what was expected? They spent $2b building this thing, it's brand new tech, it didn't host many shows last quarter (it was open for 1? full month of the quarter). I still think The Sphere is super damn cool and I can't wait to go to an event there.
Yeah if this was a stock, I’d be buying it today. The thing is great.