Trapital

Is The Sphere… A Good Business?

Published: February 26, 2026

Duration: 35:18

Sphere Entertainment is now profitable, Wizard of Oz was a hit, and more locations are coming. Has the business turned the corner, or are there still question marks?

In this episode, I’m joined by Tati Cirisano, MIDiA Research, to assess where Sphere Entertainment stands in 2026. We unpack the company’s narrative, scalability, residencies, challenges, and more.


CHAPTERS


01:34 Is It Really Profitable?

10:01 The Concert Residency Model

14:58 Sphere Expansion Plans

22:33 Novelty Risk

26:07 Does Sphere Have a Comp?


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