MSG Owners Bet On The Future of Live Entertainment and Vegas’ Revival With The Sphere

If 2023 taught us anything, it’s that millennials would rather spend $10K on concerts than live a life with regrets (or retirement). And Sphere Entertainment (NYSE:SPHR) is making a bold bet that’ll continue. Sphere who? Earlier this year, MSG Entertainment renamed itself Sphere Entertainment and separated from its other live entertainment businesses (i.e., Madison Square…

Read more

Barbenheimer Can’t Solve Hollywood’s Existential Crisis

Studios and movie theaters are trying their best not to… The summer movie season is alive after Barbie and Oppenheimer scored the highest weekend box office sales since 2019’s Avengers: Endgame. Barbie sold $155M, achieving the year’s best opening — double its $75M projections. Oppenheimer grossed $80.5M — vastly exceeding its $50M estimates. But the…

Read more

Taylor Swift Takes the Stage: Eras Tour Projected to Break Records

Taylor Swift’s “Eras Tour” is forecasted to bring in over $1B in revenue — which would surpass prior records… #1: Elton John’s ongoing “Farewell Yellow Brick Road” tour has brought in $887M between 2018 and 2023. #2: Ed Sheeran’s “Divide Tour” brought in $776M between 2017 and 2019. Her current billion-dollar tour has 106 shows…

Read more

AMC surges ahead of $APE stock dividend despite weak movie theater traffic

AMC’s CEO is putting on his best Maverick impression — telling his loyal investors to believe in him as he pushes AMC beyond its limits. His plans to issue new $APE shares have analysts divided over the company’s future. Theater traffic remains well below 2019 levels Summer blockbuster Top Gun: Maverick shattered records — topping…

Read more