SPHERE ENTERTAINMENT


Associated tags: Tao, Entertainment, MSG Sportsnet, History of Lopburi, Sphere, MSG, Marquee, MSG Network, SPHR, NYSE, Exosphere, LED

Locations: UNITED STATES, NORTH AMERICA, CIRCLE BAR, SWITZERLAND, ST, FRANCE, GENEVA, CH, CA, PENNSYLVANIA, NEW YORK, LONDON, CALIFORNIA, NEVADA, BIG SKY

Sphere Entertainment Co. to Host Fiscal 2024 Third Quarter Conference Call

Retrieved on: 
Friday, May 3, 2024

NEW YORK, May 3, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2024 on Friday, May 10, 2024 at 10:00 a.m. Eastern Time.

Key Points: 
  • NEW YORK, May 3, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2024 on Friday, May 10, 2024 at 10:00 a.m. Eastern Time.
  • To participate via telephone, please dial 800-715-9871 with the conference ID number 8089430 approximately 10 minutes prior to the call.
  • For those who are unable to participate on the conference call, you may access a recording of the call by dialing 800-770-2030 (conference ID number 8089430).
  • The call replay will be available from 1:00 p.m. Eastern Time on Friday, May 10, 2024, until 11:59 p.m. Eastern Time on Friday, May 17, 2024.

SPHERE ANNOUNCES FIRST KEYNOTE EVENT WITH HEWLETT PACKARD ENTERPRISE - NEXT-GENERATION VENUE POISED TO REDEFINE BRAND STORYTELLING AND KEYNOTE CATEGORY

Retrieved on: 
Wednesday, March 20, 2024

LAS VEGAS, March 20, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) today announced that Sphere will host its first keynote event, showcasing how the next-generation venue can leverage its full technical capabilities and unique offerings to create an experience for global brands unlike anything anywhere else in the world. The keynote address from Hewlett Packard Enterprise (HPE) President and Chief Executive Officer, Antonio Neri, will take place at the venue on June 18 as part of HPE Discover 2024.

Key Points: 
  • The keynote address from Hewlett Packard Enterprise (HPE) President and Chief Executive Officer, Antonio Neri, will take place at the venue on June 18 as part of HPE Discover 2024.
  • "Sphere is a next-generation medium and a powerful platform for companies to educate and demonstrate – connecting with their audiences in a way they can only do at Sphere.
  • The HPE keynote will leverage the venue's cutting-edge technologies to deliver a bespoke experience that sets a new bar for brand storytelling and corporate events."
  • "Big moments call for bold moves," said Jim Jackson, Chief Marketing Officer at Hewlett Packard Enterprise.

SPHERE LAUNCHES "SPHERE XO STUDENT DESIGN CHALLENGE" A FIRST-OF-ITS-KIND PARTNERSHIP WITH THE LAS VEGAS COMMUNITY MARKING THE FIRST TIME MEMBERS OF THE GENERAL PUBLIC WILL SEE THEIR ART FEATURED ON THE EXOSPHERE

Retrieved on: 
Thursday, March 14, 2024

LAS VEGAS, March 14, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) today announced the inaugural Sphere XO Student Design Challenge – a first-of-its-kind partnership with the greater Las Vegas community that for the very first time, gives select members of the general public the opportunity to see their art featured on the Exosphere. The Sphere XO Student Design Challenge is a collaboration between Sphere and the Clark County School District (CCSD) and University of Nevada, Las Vegas (UNLV) that will provide more than 100,000 Clark County-based students with an unprecedented opportunity to create art for the Exosphere. Eight student winners ranging from elementary school through college will be chosen by a combination of voting by the general public on thesphere.com, and selected by professional artists who have designed for the Exosphere, including Refik Anadol and Michela Picchi. The Sphere XO Student Design Challenge, which will kick off this month, will be themed around the 4th of July, with winning students' artwork debuting on the Exosphere on July 4, 2024, which will also mark the one-year anniversary of the first illumination of the Exosphere. In addition, winning high school and UNLV students will receive a $10,000 educational scholarship from Sphere. Winning elementary and middle school students will earn a $10,000 donation from Sphere for their school's art program to further art education in public schools, as well as tickets for their entire school to attend The Sphere Experience this Fall.

Key Points: 
  • In addition, winning high school and UNLV students will receive a $10,000 educational scholarship from Sphere.
  • "Sphere XO Student Design Challenge is an opportunity for us to engage Las Vegas students by introducing them to Sphere's technology, and meaningfully give back to the community by inspiring its future."
  • With Sphere's XO Student Design Challenge, our students get to explore innovation through art via hands-on learning."
  • The largest LED screen on Earth, the Exosphere consists of approximately 1.2 million LED pucks, spaced eight inches apart.

SPHERE ENTERTAINMENT AND HITACHI VANTARA REVEAL NEW DETAILS ON POWERING HIGH-RESOLUTION VIDEO CONTENT AT SPHERE

Retrieved on: 
Thursday, March 7, 2024

LAS VEGAS and SANTA CLARA, Calif., March 7, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) and Hitachi Vantara, the data storage, infrastructure and hybrid cloud management subsidiary of Hitachi, Ltd., revealed new details today on how the two companies leverage Hitachi Vantara's data processing software to help power the LED screens at Sphere, a next-generation entertainment medium in Las Vegas. Both Sphere's 160,000 square-foot interior LED display plane and 580,000 square-foot fully programmable LED exterior – the Exosphere – utilize Hitachi Vantara's software as a key tool to stream high-resolution immersive content.

Key Points: 
  • "Sphere is home to many firsts, one of which is streaming immersive, high-resolution video content on a scale that has never been done before," said Alex Luthwaite, SVP, Show Systems Technology, Sphere Entertainment.
  • Hitachi Vantara utilized its storage platform Hitachi Content Software for File , a high-performance, software-defined, distributed parallel filesystem storage solution.
  • "Sphere represents a new, completely immersive and visually powerful entertainment experience," said Octavian Tanase, Chief Product Officer, Hitachi Vantara.
  • Big Dome serves as a specialized screening, production facility, and lab for the Sphere Studios team to develop original content exclusively for Sphere.

SPHERE ENTERTAINMENT CO. REPORTS FISCAL 2024 SECOND QUARTER RESULTS

Retrieved on: 
Monday, February 5, 2024

For the fiscal 2024 second quarter, the Sphere segment reported revenues of $167.8 million, an increase of $167.2 million, as compared to the prior year quarter.

Key Points: 
  • For the fiscal 2024 second quarter, the Sphere segment reported revenues of $167.8 million, an increase of $167.2 million, as compared to the prior year quarter.
  • For the fiscal 2024 second quarter, the Sphere segment had direct operating expenses of $67.3 million, as compared to no direct operating expenses in the prior year quarter.
  • In addition, fiscal 2024 second quarter results included an increase in impairment and other losses, net, of $118.2 million, as compared to the prior year quarter.
  • Fiscal 2024 second quarter direct operating expenses of $92.4 million increased $2.0 million, or 2%, as compared to the prior year quarter.

MSG ENTERTAINMENT AND SPHERE ENTERTAINMENT NAME LAURA FRANCO EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL

Retrieved on: 
Thursday, February 1, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") and Sphere Entertainment Co. (NYSE: SPHR) today announced that Laura Franco, an accomplished executive with more than 30 years of legal experience, has been named Executive Vice President and General Counsel for both companies, effective February 20.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") and Sphere Entertainment Co. (NYSE: SPHR) today announced that Laura Franco, an accomplished executive with more than 30 years of legal experience, has been named Executive Vice President and General Counsel for both companies, effective February 20.
  • She will be responsible for and direct corporate and business legal affairs for MSG Entertainment and Sphere Entertainment, including managing the development, negotiation, and execution of all material business transactions.
  • Ms. Franco will report to James L. Dolan, who serves as Executive Chairman and Chief Executive Officer of both MSG Entertainment and Sphere Entertainment.
  • In her last role at CBS as Executive Vice President, General Counsel, Ms. Franco spearheaded critical company initiatives and major company-wide corporate transactions, including CBS' merger with Viacom in 2019.

PEPSICO NAMED AN OFFICIAL PARTNER OF SPHERE

Retrieved on: 
Wednesday, January 31, 2024

LAS VEGAS, Jan. 31, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new multi-faceted partnership with PepsiCo (NASDAQ: PEP) naming the global beverage and foods company an official partner of Sphere, the next-generation entertainment venue that opened in Las Vegas in September 2023. As part of this partnership, select PepsiCo products are available at all Sphere events across the venue's concession stands and grab and go stations, as well as in the venue's 23 suites. Various PepsiCo food and beverage brands will also be featured prominently on the venue's Exosphere.

Key Points: 
  • LAS VEGAS, Jan. 31, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new multi-faceted partnership with PepsiCo (NASDAQ: PEP) naming the global beverage and foods company an official partner of Sphere, the next-generation entertainment venue that opened in Las Vegas in September 2023.
  • As part of this partnership, select PepsiCo products are available at all Sphere events across the venue's concession stands and grab and go stations, as well as in the venue's 23 suites.
  • Various PepsiCo food and beverage brands will also be featured prominently on the venue's Exosphere.
  • "We are pleased to welcome PepsiCo to Sphere, deepening a partnership that now extends across our portfolio," said David Hopkinson, President and Chief Operating Officer of MSG Sports, who oversees brand partnerships for the MSG Family of Companies, which also includes Sphere Entertainment and MSG Entertainment.

Sphere Entertainment Co. to Host Fiscal 2024 Second Quarter Conference Call

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on Monday, February 5, 2024 at 10:00 a.m. Eastern Time.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on Monday, February 5, 2024 at 10:00 a.m. Eastern Time.
  • To participate via telephone, please dial 888-800-3155 with the conference ID number 8089430 approximately 10 minutes prior to the call.
  • For those who are unable to participate on the conference call, you may access a recording of the call by dialing 800-770-2030 (conference ID number 8089430).
  • The call replay will be available from 1:00 p.m. Eastern Time on Monday, February 5, 2024, until 11:59 p.m. Eastern Time on Monday, February 12, 2024.

SPHERE ENTERTAINMENT NAMES JENNIFER KOESTER PRESIDENT, SPHERE BUSINESS OPERATIONS

Retrieved on: 
Monday, January 22, 2024

LAS VEGAS, Jan. 22, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) today announced that Jennifer Koester, a seasoned executive with over 25 years of diverse experience, will join the Company as President, Sphere Business Operations effective February 5.

Key Points: 
  • LAS VEGAS, Jan. 22, 2024 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) today announced that Jennifer Koester, a seasoned executive with over 25 years of diverse experience, will join the Company as President, Sphere Business Operations effective February 5.
  • In this new position, Ms. Koester will lead the strategy and execution of all business aspects of Sphere, a next-generation entertainment medium that is redefining the future of live entertainment.
  • Ms. Koester will be based in New York and report to James Dolan, Executive Chairman and Chief Executive Officer, Sphere Entertainment.
  • "The opportunity to join the Sphere team and be part of this next-generation entertainment medium is a tremendous opportunity," said Ms. Koester.

Sphere Studios and STMicroelectronics reveal new details on the world’s largest cinema image sensor

Retrieved on: 
Thursday, January 11, 2024

Burbank, CA, and Geneva, Switzerland -- January 11, 2024 – Sphere Entertainment Co. (NYSE: SPHR) today revealed new details on its work with STMicroelectronics (NYSE: STM) (“ST”), a global semiconductor leader serving customers across the spectrum of electronics applications, to create the world’s largest image sensor for Sphere’s Big Sky camera system. Big Sky is the groundbreaking, ultra-high-resolution camera system being used to capture content for Sphere, the next-generation entertainment medium in Las Vegas.

Key Points: 
  • Inside the venue, Sphere features the world’s largest, high-resolution LED screen which wraps up, over, and around the audience to create a fully immersive visual environment.
  • ft., 16K x 16K display, the Big Sky camera system was designed by the team at Sphere Studios – the in-house content studio developing original live entertainment experiences for Sphere.
  • Working with Sphere Studios, ST manufactured a first-of-its-kind, 18K sensor capable of capturing images at the scale and fidelity necessary for Sphere’s display.
  • Big Sky’s sensor – now the world’s largest cinema camera sensor in commercial use – works with the world's sharpest cinematic lenses to capture detailed, large-format images in a way never before possible.