Sphere Entertainment, James Dolan’s MSG Entertainment spin-off, has opened Sphere Studios in Burbank. The 68,000-square-foot compound will output immersive entertainment for Sphere venues. The flagship Sphere in Las Vegas opens in September with a series of U2 concerts designed to show-off the 580,000 square-foot display that Sphere says is “the world’s highest-resolution LED screen.” The company has filed eight patents, including for the ultra-high resolution Big Sky camera, unveiled this week. Sphere says Big Sky has “the world’s sharpest cinematic lenses,” capable of delivering edge-to-edge images for the 16K x 16K immersive display at Sphere Vegas. Continue reading Sphere Launches Burbank Studio, Immersive Camera System

Third quarter reports indicate a greater reduction in the number of pay TV customers as compared to the previous year. The decline in pay TV customers suggest that a growing number of consumers are taking to “cord cutting” when it comes to media consumption. With a number of viable streaming services such as Netflix, Hulu and Amazon currently available, customers are choosing to abandon traditional pay TV to avoid paying the steep cost of cable and satellite packages. Continue reading Report: TV Viewers Continue to Drop Cable and Satellite Subs