Las Vegas’ multi-billion dollar venue, the MSG Sphere, has reported a loss of $98.4 million.
Officially opening on September 29 with U2’s residency, the luminous space was predicted revenues to be $117.3 million, however, it is down 71% as reported by The New York Post.
Revenue from the venue included $4.1 million from the two sold-out U2 shows and $2.6 million from suite licensing and advertising on its exosphere.
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