Sphere Entertainment to build second Sphere venue in Abu Dhabi; franchise fee and annual revenue stream

Sphere Entertainment Co.

Sphere Entertainment and DCT Abu Dhabi plan to develop the second Sphere venue in Abu Dhabi, UAE.
DCT Abu Dhabi will pay a franchise initiation fee and fund construction; Sphere provides tech, IP, and services.
Post-opening, Sphere expects annual fees for licensed content, brand, patents, operational support, and advisory.
The 20,000-capacity venue targets year-round draw, complementing Abu Dhabi's 24M+ annual visitors (2023).
Partnership aligns with Abu Dhabi's Tourism Strategy 2030; definitive agreements are still pending finalization.

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