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 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.

SPHERE STUDIOS AND STMICROELECTRONICS REVEAL NEW DETAILS ON THE WORLD'S LARGEST CINEMA IMAGE SENSOR

Retrieved on: 
Thursday, January 11, 2024

BURBANK, Calif. and GENEVA, Jan. 11, 2024 /PRNewswire/ -- 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: 
  • 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.
  • 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.

The YES Network and MSG Networks Form Gotham Advanced Media and Entertainment (GAME), a New Technology, Sports and Entertainment Streaming Joint Venture

Retrieved on: 
Thursday, January 4, 2024

NEW YORK, Jan. 4, 2024 /PRNewswire/ -- The YES Network ("YES") and MSG Networks ("MSGN") today announced that they have formed Gotham Advanced Media and Entertainment ("GAME"), a new 50/50 joint venture to capitalize on technical and operational synergies associated with YES' and MSGN's streaming services.  GAME will also offer turn-key digital content distribution services, including platform technology, operational support and comprehensive data analytics to third parties, utilizing the combined technical and operational expertise each company has garnered from the respective successful launch and operation of the YES App and MSG+.

Key Points: 
  • NEW YORK, Jan. 4, 2024 /PRNewswire/ -- The YES Network ("YES") and MSG Networks ("MSGN") today announced that they have formed Gotham Advanced Media and Entertainment ("GAME"), a new 50/50 joint venture to capitalize on technical and operational synergies associated with YES' and MSGN's streaming services.
  • "As we continue to capitalize on the momentum created by YES' award-winning digital offerings, we look forward to collaborating with MSG Networks to further elevate the fan experience," said Jon Litner, CEO of the YES Network.
  • Andrea Greenberg, President and Chief Executive Officer of MSG Networks, said: "This joint venture with YES will combine the streaming expertise of two of the largest regional sports networks in the country.
  • Streaming products will be customizeable and capable of delivering locally branded customer experiences, each catering to a client's particular needs.

SPHERE AND ICRAVE REVEAL INNOVATIVE INTERIOR DESIGN DETAILS FROM LAS VEGAS' NEWEST ENTERTAINMENT DESTINATION

Retrieved on: 
Monday, December 18, 2023

LAS VEGAS and NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Sphere Entertainment (NYSE: SPHR), along with innovation and design firm, ICRAVE, revealed unique details today about the interiors of Sphere in Las Vegas, the next-generation entertainment medium that opened its doors to the public earlier this Fall. Since the moment the Exosphere, the venue's fully programmable LED exterior, was lit up for the first time on July 4, Sphere has become a landmark recognized world-wide for its captivating design and groundbreaking entertainment experiences.

Key Points: 
  • LAS VEGAS and NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Sphere Entertainment (NYSE: SPHR), along with innovation and design firm, ICRAVE , revealed unique details today about the interiors of Sphere in Las Vegas, the next-generation entertainment medium that opened its doors to the public earlier this Fall.
  • "Every aspect of Sphere was designed to create an experience that transports audiences to new places," said Paul Westbury, Executive Vice President, Development and Construction, Sphere Entertainment.
  • As the largest spherical structure on Earth, and featuring cutting-edge technologies on its exterior and interior, Sphere is revolutionizing live and immersive entertainment experiences.
  • Additional design details throughout the venue also highlight how Sphere uniquely brings together art and science.

Sphere Entertainment Co. Announces Pricing of $225 Million Offering of Convertible Senior Notes

Retrieved on: 
Wednesday, December 6, 2023

The notes will be general senior unsecured obligations of Sphere Entertainment and will pay interest semi-annually on June 1 and December 1 of each year, beginning on June 1, 2024, at a rate of 3.50% per year.

Key Points: 
  • The notes will be general senior unsecured obligations of Sphere Entertainment and will pay interest semi-annually on June 1 and December 1 of each year, beginning on June 1, 2024, at a rate of 3.50% per year.
  • The notes will mature on December 1, 2028, unless redeemed, repurchased or converted earlier in accordance with their terms.
  • Sphere Entertainment intends to use approximately $12.4 million of the net proceeds from the offering of the notes to fund the cost of entering into the capped call transactions described below in connection with the offering.
  • Sphere Entertainment intends to use the remainder of the net proceeds for general corporate purposes, including capital for Sphere-related growth initiatives.

Sphere Entertainment Co. Announces Private Offering of $225 Million of Convertible Senior Notes

Retrieved on: 
Tuesday, December 5, 2023

In connection with the offering of the notes, Sphere Entertainment expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first date on which the notes are issued, up to an additional $33.75 million aggregate principal amount of the notes.

Key Points: 
  • In connection with the offering of the notes, Sphere Entertainment expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first date on which the notes are issued, up to an additional $33.75 million aggregate principal amount of the notes.
  • Sphere Entertainment intends to use a portion of the net proceeds from the offering of the notes to fund the cost of entering into the capped call transactions described below in connection with the offering.
  • Sphere Entertainment intends to use the remainder of the net proceeds for general corporate purposes, including capital for Sphere-related growth initiatives.
  • The notes will be general senior unsecured obligations of Sphere Entertainment and will mature on December 1, 2028, unless redeemed, repurchased or converted earlier.

PATH NAMED EXCLUSIVE UNFLAVORED STILL WATER PROVIDER OF SPHERE

Retrieved on: 
Wednesday, November 29, 2023

LAS VEGAS, Nov. 29, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new partnership with PATH – the leading reusable, refillable and recyclable aluminum bottled water brand – naming PATH the exclusive unflavored still water provider of Sphere, the next-generation entertainment venue that opened in Las Vegas in September 2023.

Key Points: 
  • LAS VEGAS, Nov. 29, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today a new partnership with PATH – the leading reusable, refillable and recyclable aluminum bottled water brand – naming PATH the exclusive unflavored still water provider of Sphere, the next-generation entertainment venue that opened in Las Vegas in September 2023.
  • Custom Sphere x PATH branded reusable aluminum water bottles are available at all Sphere events across the venue's concession stands and grab and go stations, in the venue's 23 suites, and backstage.
  • "We welcome PATH – a forward-looking brand – as the exclusive unflavored still water provider of Sphere," said David Hopkinson, President and Chief Operating Officer of MSG Sports, who oversees brand partnerships across Sphere Entertainment.
  • Sphere opened on September 29 with the first of 36 performances of "U2:UV Achtung Baby Live At Sphere."

Sphere To Feature First-Of-Its-Kind Exosphere Activation With The Radio City Rockettes This Holiday Season

Retrieved on: 
Tuesday, November 28, 2023

LAS VEGAS and NEW YORK,  Nov. 28, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ('Sphere Entertainment') and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ('MSG Entertainment') announced today that the Radio City Rockettes, the stars of the beloved Christmas Spectacular Starring the Radio City Rockettes that runs annually at Radio City Music Hall in New York, will be featured daily throughout the holiday season on the Exosphere, the fully programmable LED exterior of Sphere in Las Vegas. The festive Christmas Spectacular activation debuted overnight, marking the first time the Exosphere has featured dancing wrapped 360 degrees around the venue. The content was developed in collaboration between Sphere Entertainment and MSG Entertainment, both part of the MSG family of companies.

Key Points: 
  • LAS VEGAS and NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ('Sphere Entertainment') and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ('MSG Entertainment') announced today that the Radio City Rockettes, the stars of the beloved Christmas Spectacular Starring the Radio City Rockettes that runs annually at Radio City Music Hall in New York, will be featured daily throughout the holiday season on the Exosphere, the fully programmable LED exterior of Sphere in Las Vegas.
  • The festive Christmas Spectacular activation debuted overnight, marking the first time the Exosphere has featured dancing wrapped 360 degrees around the venue.
  • The ornament closes, and the iconic Radio City Music Hall marquee appears in vibrant neon, replicating the landmark venue in New York City.
  • A staple of the holidays in New York City, the Christmas Spectacular stars the incomparable Radio City Rockettes and features nine show-stopping numbers throughout the 90-minute production.

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

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2023 on Wednesday, November 8, 2023 at 10:00 a.m. Eastern Time.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2023 on Wednesday, November 8, 2023 at 10:00 a.m. Eastern Time.
  • The Company will issue a press release reporting its results prior to the market opening.
  • 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).