LAS VEGAS (KLAS) — “The Wizard of Oz” is taking in as a lot as $2 million a day on the Sphere, in line with a brand new report from Bloomberg.
The film is bringing in 4,000 to five,000 followers two or thrice a day, with friends paying a mean of virtually $200 per particular person, Bloomberg mentioned, citing Wolfe Analysis.
These numbers imply the film is producing as a lot as $2 million a day, greater than 85 years after it was launched. Bloomberg mentioned Sphere executives estimate the movie will gross a whole lot of tens of millions over the subsequent 12 months and will even prime $1 billion earlier than the top of the movie’s run.
“The Wizard of Oz” debuted at Sphere with a yellow carpet premiere on Friday, Aug. 29, with friends together with Kris Jenner, Rosanna Arquette, Skylar Astin, and extra.
Judy Garland’s daughter, Lorna Luft, additionally attended the premiere.
“The work that went into this, I’m so grateful to everyone who worked on it,” she informed Las Vegas Now.
Early ticket gross sales for the film reached greater than 127,000, 8 Information Now reported in early August. On the time, Sphere’s government chairman and chief government officer, Jim Dolan, mentioned Sphere noticed 7% of holiday makers to Las Vegas.
Dolan mentioned he expects the brand new present to raise that quantity to 10%.
The film is an immersive expertise that takes audiences into the basic movie, making them really feel like they’ve stepped inside and are touring down the yellow brick highway with Dorothy and her pals.
“The Wizard of Oz” exhibits on the Sphere on daily basis not less than twice, with three showings on Sundays, even when different exhibits or live shows are deliberate on the venue. Tickets for the film vary between $104 and $350 and might be bought on the Ticketmaster web site.
Bloomberg additionally reported that Dolan is in talks with Warner Bros., from whom he licensed “The Wizard of Oz,” about licensing extra titles, together with the Harry Potter franchise, for future releases.
