U2's Sphere Shows Generate $75M and Announces Final Dates

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Source: Hollywood Reporter
U2's Sphere Shows Generate $75M and Announces Final Dates
Photo: Hollywood Reporter
TL;DR Summary

The Las Vegas Sphere, owned by Madison Square Garden owner James Dolan, has generated over $75 million in revenue in just over two months of operation. The U2 residency "U2: UV Achtung Baby Live at Sphere" and the film "Postcards From Earth" have contributed to this revenue, with U2 performances bringing in $30.7 million and the film screenings generating $44.5 million. The Sphere also hosts events like the Formula 1 Las Vegas Grand Prix and has a successful advertising business. The company plans to sell $225 million in private debt to an institutional buyer.

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