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…
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No Recession? Thank Taylor Swift, Beyoncé and Barbie… But What Happens After?
The trio could be part of the reason why the US hasn’t hit a recession yet — but fortunes may be coming to an end as Taylor Swift departs the US and Beyoncé’s tour wraps up. Pop culture icons are giving a major boost to the economy: In North America, QuestionPro estimated that Taylor Swift’s…
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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…
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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…
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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…
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