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Sphere Entertainment Takes Full Ownership Of HOLOPLOT

Sphere Entertainment Takes Full Ownership Of HOLOPLOT
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BERLIN & NEW YORK (CelebrityAccess) — Sphere Entertainment Co., the operators of the already iconic Las Vegas Sphere, announced it has acquired all of the remaining shares of HOLOPLOT GmbH, a key provide of audio technology for the arena.

Sphere Entertainment made its first investment in HOLOPLOT in 2018 when the two companies first joined forces to develop the technology behind the Sphere’s Immersive Sound System, powered by HOLOPLOT.

Based in Berlin, HOLOPLOT specializes in 3D audio technology. The Sphere Immersive Sound system was first deployed at New York’s Beacon Theatre in 2022.

Following the transaction, which has already closed, HOLOPLOT will continue to operate as wholly owned subsidiary of Sphere Entertainment, serving clients from his current headquarters in Berlin.

“HOLOPLOT is at the forefront of audio innovation, and their custom-designed technology has already transformed what is possible for concert-grade sound. This acquisition reflects our Company’s commitment to staying on the cutting-edge of immersive experiences as we explore growth opportunities for both Sphere and HOLOPLOT,” said David Dibble, CEO, MSG Ventures, and Paul Westbury, EVP, Development and Construction in a joint statement.

“We have worked alongside the Sphere team for many years in developing our technology, and together we have forever changed the live sound experience,” added Roman Sick, CEO and Co-Founder of HOLOPLOT. “As a result of this transaction, HOLOPLOT can accelerate its mission to bring its technologies to more applications and markets, and continue to push audio innovation to new bounds.”

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