U2 to Premiere High-Tech Show at New $2.3B Las Vegas Sphere Venue Aiming to Reinvent Live Entertainment
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Sphere is a massive new $2.3 billion venue on the Las Vegas Strip that will attempt to reinvent live entertainment through cutting-edge technology. At 366 feet tall and 516 feet wide, it's one of the world's largest spherical buildings.
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U2 will premiere a high-tech residency show at Sphere starting on September 29. The venue hopes to attract other major artists for extended engagements utilizing its advanced audio, video, and sensory capabilities.
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In addition to concerts, Sphere plans to showcase original content like the Aronofsky-directed film Postcard From Earth multiple times daily when artists aren't performing. This will provide a high-margin revenue stream.
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The dynamic, stadium-sized LED screen enveloping Sphere called Exosphere will display artistic content but also host brand advertising and marketing campaigns.
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Sphere's team aims to build more venues utilizing the model in the future, possibly through a franchise-style system, as well as smaller Spheres with just 2,000 seat capacity.