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Sphere Quarterly Revenue Rises 3%, Driven by Concerts & Events
Sphere Entertainment Co., a leading player in the music industry, has announced its Q2 revenue figures, which have experienced a significant increase. According to the report, the company’s total second-quarter revenues rose 3% to $282.7 million.
The primary driver behind this growth is attributed to an impressive 16% jump in income generated by concerts and corporate events hosted at the Sphere. The venue has seen an influx of high-profile residency shows and corporate events, including a recent concert held by Hewlett Packard.
Source: www.billboard.com
