{"id":11550,"date":"2026-02-14T01:53:39","date_gmt":"2026-02-14T01:53:39","guid":{"rendered":"https:\/\/www.billboard.com\/?post_type=billboard_pro_post&p=1236178677"},"modified":"2026-02-14T01:53:39","modified_gmt":"2026-02-14T01:53:39","slug":"the-wizard-of-oz-at-sphere-helped-pave-a-yellow-brick-road-to-profit-for-sphere-entertainment-co","status":"publish","type":"post","link":"https:\/\/sarmiento24h.com\/?p=11550","title":{"rendered":"\u2018The Wizard of Oz at Sphere\u2019 Helped Pave A Yellow Brick Road to Profit for Sphere Entertainment\u00a0Co."},"content":{"rendered":"
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Sphere Entertainment Co. reported this week that ticket sales for immersive experience The Wizard of Oz at Sphere <\/em>has topped $290 million since late August, and last year\u2019s sales helped the company chart its first profitable year since launching the Las Vegas venue in 2023.<\/p>\n

More than 2.2 million tickets have been sold to the Sphere\u2019s version of the 1939 classic Judy Garland<\/a> film, which has been remastered and enhanced for Sphere\u2019s one-of-a-kind visual and sound system.<\/p>\n

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Overall, the company reported that sales of tickets to Oz<\/em> and residencies by acts including Dead & Company, Eagles, Anyma, Kenny Chesney and Backstreet Boys helped boost gross revenue 8% to $1.2 billion and reverse a loss in 2024 to generate a profit of $33.4 million for 2025.<\/p>\n

\u201cOur success in Las Vegas is an important blueprint for our global vision,\u201d Sphere CEO James Dolan<\/strong> said on a call discussing the company\u2019s 2025 earnings.<\/p>\n

Dolan said the company took another step toward accomplishing that vision \u2014 to install a global network of Sphere venues \u2014 with the announcement last month that a second U.S. Sphere<\/a> will open outside of Washington, D.C., by 2030.<\/p>\n

Located in National Harbor, Maryland, the mini Sphere will have 6,000 seats compared to the Las Vegas Sphere\u2019s 20,000 seats and is expected to cost around $1 billion to build. State and local public funding is expected to offset that cost by about $200 million, Dolan said. The company expects to be able to lure ticket-buyers from the some 15 million tourists who visit National Harbour annually for business and conventions.<\/p>\n

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The company also said its development partners in Abu Dhabi are close to finalizing a location for the large Sphere being planned there<\/a>.<\/p>\n

For the 12 months ending Dec. 31, Sphere Entertainment reported an operating loss of $229.6 million, which was a 38%, or $143 million, improvement from 2024. Adjusted operating income rose 138% to $261.8 million compared to 2024.<\/p>\n

Ticket sales from some 880 showings of The Wizard of Oz at Sphere<\/em>, which debuted on Aug. 28, 2025, along with older Sphere Experience films Postcard from Earth<\/em> and V-U2 An Immersive Concert Film<\/em>, helped contribute a nearly $104 million increase in annual revenue \u2014 roughly two-thirds of the overall increase in company revenues.<\/p>\n

Elsewhere, revenue at MSG Networks \u2014 which includes the company\u2019s regional and sports entertainment networks, MSG Network, MSG Sportsnet and its streaming offering MSG+ \u2014 fell 15% to 438.6 million compared to a year ago on fewer subscribers.<\/p>\n

Revenue from sponsorship, signage, suite license fees and advertising on the Sphere Las Vegas\u2019 580,000 square foot \u201cExosphere\u201d \u2014 the largest LED screen in the world \u2014 was $9.4 million less in 2025 than the year prior. The company did announce an official partnership with Delta Air Lines in January, with the Delta SKY360\u00b0 Club to be the Sphere\u2019s first branded hospitality space.<\/p>\n


\"Billboard
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Trending on Billboard Sphere Entertainment Co. reported this week that ticket sales for immersive experience The Wizard of Oz at Sphere has topped $290 million since late August, and last year\u2019s sales helped the company chart its first profitable year since launching the Las Vegas venue in 2023. More than 2.2 million tickets have been […]<\/p>\n","protected":false},"author":1,"featured_media":11551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[55],"tags":[],"class_list":["post-11550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entretenimiento"],"yoast_head":"\n\u2018The Wizard of Oz at Sphere\u2019 Helped Pave A Yellow Brick Road to Profit for Sphere Entertainment\u00a0Co. - Sarmiento24h<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sarmiento24h.com\/?p=11550\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018The Wizard of Oz at Sphere\u2019 Helped Pave A Yellow Brick Road to Profit for Sphere Entertainment\u00a0Co. - Sarmiento24h\" \/>\n<meta property=\"og:description\" content=\"Trending on Billboard Sphere Entertainment Co. reported this week that ticket sales for immersive experience The Wizard of Oz at Sphere has topped $290 million since late August, and last year\u2019s sales helped the company chart its first profitable year since launching the Las Vegas venue in 2023. 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