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‘The Wizard Of Oz’ At Sphere In Las Vegas Has Sold Almost 3M Tickets, Grossing $370M

Deadline·Dade Hayes·28 days ago
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The AI-infused retooling of The Wizard of Oz that opened last August at Sphere in Las Vegas has now sold almost 3 million tickets, grossing $370 million. Sphere Entertainment provided the updated tally on the film, which it sees having plenty of playability left, during the company’s first-quarter earnings report. Sphere handily beat Wall Street analysts’ expectations for the January-to-March period, with losses of 4 cents a share far narrower than the Street’s estimate of a loss of 45 cents. Revenue jumped 38% year-over-year to reach $386.4 million, also beating forecasts. Sphere CEO James Dolan (who affected a giddy tone on the company’s quarterly earnings call Tuesday, perhaps due to his New York Knicks’ recent dominance in the NBA playoffs) discussed plans to build a global “network of Sphere venues.” As of now, the Las Vegas site is the only one up and running, but a full-sized Sphere is progressing through early planning in Abu Dhabi and a scaled-down one at National Harbor near Washington, D.C.…

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