New Sphere venue coming to Abu Dhabi, UAE, matching capacity of Las Vegas arena [USA TODAY]
Sphere Entertainment Co. Class A (SPHR)
Company Research
Source: USA TODAY
will emulate the size of the original Vegas venue with standing room for 20,000 people. Similarly, the venue will feature stunning visuals and advanced audio system to produce enthralling storytelling and entertainment experiences. "The vision for Sphere has always included a global network of venues, and today's announcement is a significant milestone toward that goal," Sphere Entertainment CEO James L. Dolan said in a news release. "Sphere is redefining live entertainment and extending the reach of its transformative impact. We are proud to collaborate with DCT Abu Dhabi to develop Sphere in their city." The company has partnered with the city's Department of Culture and Tourism to further establish Abu Dhabi as entertainment hub through its . The initiative aims to boost annual visitor numbers to 39.3 million by 2030 and adding 178,000 jobs either directly or indirectly. An expected timeline for when the new Sphere will open has not been released. Vegas Sphere celebrates o
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