Friday 8 November 2024
 
»
 
»
20,000-SEAT FACILITY

Sphere to open its second GenNext leisure venue in Abu Dhabi

ABU DHABI, 23 days ago

Sphere Entertainment Company and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi)  announced today (October 15) that they will work together to bring the world's second Sphere to Abu Dhabi, UAE. 
 
This next-generation entertainment medium is expected to be a landmark addition to this premier international capital city, elevating the entertainment offerings for residents and visitors alike.
 
Since opening the first Sphere in Las Vegas to worldwide acclaim last September, the US group has actively pursued its plans to develop a global network of Sphere venues. 
 
This expansion is expected to provide significant growth potential and drive new revenue streams by leveraging Sphere Entertainment’s expertise, proprietary technology, and original content.
 
Located in a prime spot in Abu Dhabi and echoing the scale of the 20,000-capacity Sphere in Las Vegas, this venue promises to redefine entertainment in the region. 
 
Sphere in Abu Dhabi is expected to be a major year-round draw for both residents and visitors from around the world, offering opportunities to experience events, concerts, and shows like never before in an unforgettable and revolutionary setting.
 
"The vision for Sphere has always included a global network of venues, and today’s announcement is a significant milestone toward that goal," said James L Dolan, the Executive Chairman and CEO of Sphere Entertainment. 
 
"Sphere is redefining live entertainment and extending the reach of its transformative impact. We are proud to collaborate with DCT Abu Dhabi to develop Sphere in their city," stated Dolan.
 
Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi, said: "We are excited to bring Sphere to Abu Dhabi in partnership with Sphere Entertainment, providing our residents and visitors with an extraordinary new form of entertainment. Sphere Abu Dhabi will seamlessly integrate advanced technology with captivating storytelling, creating unforgettable memories for everyone who visits."
 
"This partnership aligns with our Tourism Strategy 2030, further establishing Abu Dhabi as a vibrant hub for culture and innovation. By embracing cutting-edge entertainment like Sphere, we're not only elevating our global profile but also setting new standards in immersive experiences and cultural offerings," he added.
 
Under the terms of the partnership, which is subject to finalisation of definitive agreements, DCT Abu Dhabi will pay Sphere Entertainment a franchise initiation fee for the right to build the venue, utilizing Sphere Entertainment’s proprietary designs, technology, and intellectual property. 
 
Construction will be funded by DCT Abu Dhabi, with Sphere Entertainment’s team of experts providing services related to development, construction, and pre-opening of the venue, said DCT Abu Dhabi officials.
 
Following the venue’s opening, Sphere Entertainment plans to maintain ongoing arrangements with DCT Abu Dhabi that are expected to include annual fees for creative and artistic content licensed by Sphere Entertainment, such as Sphere Experiences; use of Sphere’s brand, patents, proprietary technology, and intellectual property; and operational services related to venue operations and technology, as well as commercial and strategic advisory support, they added.



Tags:

More Travel, Tourism & Hospitality Stories

calendarCalendar of Events

Ads