What Company Owns The Sphere In Las Vegas

July 2024 · 3 minute read
People are currently reading this guide.

The Las Vegas Sphere: Who Owns this Shiny, Dazzling Orb?

Ah, the Las Vegas Sphere. A beacon of futuristic entertainment, a technological marvel that makes even the Bellagio fountains look quaint. But with all the glitz and glam, one question burns brighter than the Sphere's LED screen: who built this beauty, and who gets to call it theirs?

From MSG to Sphere Entertainment: A Corporate Carousel

The Sphere's story starts with a familiar name: Madison Square Garden (MSG). Yep, the folks who brought you epic Knicks games and heart-stopping concerts decided to take their entertainment game to a whole new level in Vegas. They even had a partner in crime for a while - the Las Vegas Sands Corporation, owners of flashy casinos like the Venetian. Las Vegas Sands even donated the land for the Sphere, because hey, sharing is caring (especially when it comes to real estate on the Strip).

But just like a Vegas magic trick, things changed! In 2022, Apollo Global Management swooped in and bought the Venetian, becoming MSG's new partner for the Sphere project. Then, in a twist worthy of a Cirque du Soleil show, MSG itself underwent a corporate split in April 2023. And voila! Sphere Entertainment Co. was born, and they became the proud owners of the Sphere.

So, Sphere Entertainment Co. - Big Name for a Big Ball

That's right! Sphere Entertainment Co. now holds the reins of this technological marvel. They're the ones bringing in the A-list acts for residencies, the ones behind the mind-blowing light shows, and the ones making sure the popcorn is perfectly popped (because priorities, people!).

Fun Fact: Sphere Entertainment Co. isn't just about the Sphere. They're also the masterminds behind MSG Networks, a big name in regional sports broadcasting. So, next time you're catching a game on MSG, remember, they're also the folks behind the dazzling Las Vegas Sphere!

FAQs: You Ask, We Answer (Quickly!)

7717240709100749748

ncG1vNJzZmivp6x7qbvWrGWtnZOdfHN8kW1maW9frLWiwIycpqaokaPGbrvWp6pmq6CdsrOxjKKlZqSRqHq3scaaqmegpKK5