Sphere Entertainment Co. continues to lose money, but executives outlined Thursday how it plans to achieve profitability in its first-quarter earnings call.
Executive Chairman and CEO James Dolan said a combination of initiatives is underway that he hopes would reverse current trends.
Without naming acts, Dolan said the pipeline of entertainers interested in performing at the 17,000-seat venue near The Venetian is full. He’s also interested in developing more Sphere venues worldwide, including smaller venues with similar technology in other markets, including domestically.