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Sphere Entertainment Fiscal Year Revenue Topped $1B on Dead & Company, Phish Residencies & More

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Sphere Entertainment earnings show revenue topped $1B in the quarter on Dead & Co. shows and more, including residencies by Phish and U2.

, Sphere Entertainment Co. closed out its fiscal year ended June 30 with revenue of $273.4 million and a net loss of $46.6 million in the fourth quarter.

The eye-grabbing $2.3-billion Sphere venue in Las Vegas reported revenue of $151.2 million in the latest quarter. Events such as concerts and corporate events accounted for revenue of $58.4 million. The Sphere Experience, an interactive experience combined with a showing of the filmopened its 40-date run at the end of the first fiscal quarter, the bulk of the concerts occurred in the second and third quarters. Four dates by Phish in April were followed by Dead & Co.

 

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