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James Dolan looks to land Beyoncé to light up Las Vegas Sphere: sources

INBV News by INBV News
November 16, 2023
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James Dolan is trying to land Queen Bey to maintain the excitement going at his Las Vegas music venue the Sphere, The Post has learned.

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Dolan, who also owns the Knicks and Rangers, has been speaking with Beyoncé’s team concerning the pop superstar taking over residency at his state-of-the-art arena after U2’s epic run ends early next 12 months, sources near the situation said.

The “Single Ladies” singer’s manager-mom, Tina Knowles, in addition to Bey’s husband, Jay-Z, have taken separate tours of the $2.3 billion venue on the Las Vegas Strip, sources told The Post.

But to place a hoop on Beyonce’s finger to seal the deal, her team is asking for about $10 million to supply the diva’s high-tech stage show, a source said — roughly the identical sum of money the Sphere paid U2 to placed on its spectacle, as The Post reported exclusively.

Beyoncé’s spokeswoman didn’t return calls or e-mails.

Beyoncé’s husband Jay-Z and her Mom Tina Knowles have toured The Sphere.WireImage for Parkwood

U2 opened the 20,000-seat Sphere in September and concludes its 36-show residency in February. There have been no other acts scheduled.

Beyonce finished her “Renaissance World Tour” last month and has no shows scheduled for next 12 months. A trailer for the concert movie, “Renaissance: A Film By Beyoncé,” dropped last week to the delight of her beloved Beyhive.  It hits theaters on Dec. 1.

The media mogul has also been considering other iconic musicians including Bon Jovi, Paul McCartney and Lady Gaga, a source near the situation said.

Dolan could also be hesitant to splash out the large bucks Beyoncé is in search of because the venue makes little or no from concert tickets since the star acts get guaranteed revenue.

U2 has been selling out The Sphere after getting paid by Dolan to supply the high-tech show.Anadolu Agency via Getty Images

As an alternative, profits are generated from suite sales and selling promoting on the LED screens that wrap the within and outdoors of the ball-shaped arena.

During a Nov. 8 earnings call, he told analysts: “We’re having conversations with artists across a wide range of genres, including discussing runs of various lengths.”

“We expect to host two additional residencies within the [first half of 2024] and look ahead to sharing more detail,” he added.

The Sphere, which got here in at greater than $1 billion over budget, reported it lost $98.4 million for the quarter ending Sept. 30.

James Dolan attending the grand opening of The Sphere. He hopes to not pay the production costs of other acts performed there.Getty Images

The earnings report got here days after the shocking resignation of Sphere Entertainment CFO Gautam Ranji.

Sphere Entertainment includes just The Sphere and the MSGN cable network. His other arenas and the Knicks and Rangers are in other public vehicles.

The Sphere’s stock price was down barely on Wednesday, trading at around $36.

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Tags: BeyoncéDolanJameslandLaslightsourcesSpherevegas
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