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SPHERE STUDIOS ANNOUNCES TWO NEW EXPERIENCES IN PRODUCTION

1. SPHR announced two new immersive projects set for 2025 and 2026. 2. The Wizard of Oz aims to enhance the original film using advanced technologies. 3. From The Edge features extreme sports and top athletes filmed in various global locations. 4. Jim Dolan emphasizes a diverse slate for The Sphere Experience. 5. The first Sphere venue opened in Las Vegas in September 2023.

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Why Bullish?

The launch of highly anticipated projects like The Wizard of Oz can attract substantial audience engagement, similar to past successful immersive events, hinting at increased revenues and market confidence in SPHR.

How important is it?

The announcement signifies SPHR's commitment to innovative content, presenting potential for audience growth and future profitability.

Why Long Term?

The projects will take time to develop, but success could build the brand and earnings over several years, akin to Disney's long-term franchises.

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THE WIZARD OF OZ AT SPHEREIn Collaboration with Warner Bros. Discovery, Google, and Magnopus andFROM THE EDGEFrom Academy Award-Winning Directors E. Chai Vasarhelyi and Jimmy Chin , /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) announced today two new projects – The Wizard of Oz at Sphere and From The Edge – currently in production from Sphere Studios. Both productions are part of The Sphere ExperienceTM, Sphere's slate of original immersive content. The Wizard of Oz at Sphere is set to open on August 28, 2025, and From The Edge is set to debut in 2026. Jim Dolan, Executive Chairman and CEO of Sphere Entertainment, said: "Our goal for The Sphere Experience is a diverse slate that leverages Sphere's power as an experiential medium. The Wizard of Oz at Sphere and From The Edge will push that vision forward in different ways." THE WIZARD OF OZ AT SPHERE The original 1939 film, The Wizard of Oz, will be presented as a fully immersive experience for Sphere. In collaboration with Warner Bros. Discovery; Google; and Magnopus, Sphere will use cutting-edge technologies to enhance the original film. The Wizard of Oz at Sphere will maintain the integrity of the original while pushing the boundaries of Sphere's experiential medium. The creative team behind The Wizard of Oz at Sphere includes Academy Award and Emmy-nominated producer Jane Rosenthal (The Irishman); Academy Award-winning visual effects specialist Ben Grossmann (Hugo); Academy Award-winning editor Jennifer Lame (Oppenheimer); and Creative Director Zack Winokur (Little Island). FROM THE EDGE  Directed by Academy Award winners E. Chai Vasarhelyi and Jimmy Chin (Free Solo) From The Edge will feature premier athletes – free diver Alenka Artnik, skier Markus Eder, rock climber Alex Honnold, BASE jumper Katie Hansen Lajeunesse, and surfer Kai Lenny – and take audiences inside the world of extreme sports. All five athletes are being captured on location by Big SkyTM, Sphere Entertainment's proprietary camera system developed to capture images at the scale and fidelity necessary for Sphere's display. Filming is underway in locations in Jordan, Dubai, Switzerland, the Bahamas, Austin, Las Vegas, and Maui. From The Edge is produced by Vasarhelyi and Chin and their Little Monster Films along with Evan Hayes and Callum Greene. Executive Producers are Anna Barnes (Little Monster Films) and Nick Martini (Stept Studios).  To be the first to know more about The Wizard of Oz at Sphere and From The Edge, please visit thesphere.com and sign up for The Inner Circle. For press assets, please click here. About SphereSphere is a next-generation entertainment medium that is redefining the future of live entertainment. A venue where the foremost artists, creators, and technologists create extraordinary experiences that take storytelling to a new level and transport audiences to places both real and imagined. The venue hosts original Sphere Experiences from leading Hollywood directors; concerts and residencies from the world's biggest artists; and premier marquee events. The first Sphere venue opened in Las Vegas in September 2023, and is a new Las Vegas landmark, powered by cutting-edge technologies that ignite the senses and enable audiences to share experiences at a never-before-seen scale. More information is available at thesphere.com. ContactSphere Entertainment – [email protected] SOURCE Sphere Entertainment Co. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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