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-0.000751427712654 -0.000901713255184885 0.00661256387135554 0.00420799519086266 -0.00345656747820866 -0.0162308385933273 0.00120228434024644 -0.00946798917944108
Stock impact report

The creators of the Las Vegas Sphere want to open smaller mini-Spheres [Verge, The]

Sphere Entertainment Co. Class A (SPHR) 
Company Research Source: Verge, The
Although original estimates set the cost of the Las Vegas Sphere at $1.2 billion, Sphere Entertainment eventually spent around $2.3 billion to build the interactive venue. As the company looks to expand to other cities, it's also looking to scale down the venue, making it more affordable to build and operate. Sphere Entertainment is currently working on a design for mini-Spheres with a capacity of about 5,000 people, the company's Executive Chairman and Chief Executive Officer, James Dolan , told analysts during an investment call, according to a report by AV Magazine . The Las Vegas Sphere can seat 17,600 people, but attendance can be closer to 20,000 with standing capacity. Smaller versions of the Sphere that require less property (and parking) would not only be much cheaper to build, they could potentially also attract a wider range of artists. Designing and producing the custom video content needed to fill the Las Vegas' Sphere's interior 160,000-square-foot LED screen requir Show less Read more
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