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BThe excuse surrounds the return of Dorothy, a tin man, scarecrow and cowardly lion, may have helped to be the Sphere Entertainment co. Shared music stock for the week ended 29. August. The Sphere Entertainment of the action increased 6.8% to $ 45.35 in otherwise muted weeks.
On Thursday, the sphere site in Las Vegas debuted both positive and negative Reviews – His rewritten version of the 1939 film. year Wizard of OZ. The prime ministers survived the severe national media campaign, which also showed love for the original film and curiosity in relation to the most modern, multisor-speaking place. To 12. August, the sphere had 120,000 tickets for sale for Wizard of OZ – Over $ 100 each – and managers are expected to sell 200,000 tickets to Thursday.
The Sphere Entertainment shares gained 13.7% in the last two weeks, overlifting 5.1% in the date on average 6.8% this year. In addition to the attention he has acquired Wizard of OZThe place of maintenance has broken some victories in the last few months. Sphere recently concluded Kenny Chesney residence in June and will start with a Zac Brown Band Residence in December. In addition, the place of maintenance was added 14 Backstreet Boys plays to extend the group well received In February 2026. years.
Global music index Billboard (BGMI), index under adjusted floats of 19 public traded music companies fell 1.5% to 2,979.62 in second consecutive weekly decline. (Index originally had 20 actions, but I believe he is taken private And no longer traded on the EuroNext Paris exchange.) Most of the musical stocks in red this week, the index gain has so far fell to 40.2%.
American indices fell as basic inflation in the US, which excludes food and energy costs, rose to 2.9% in Julythe highest level of February. The incident’s composite fell 1.6% to 21,142.01, and the S & P 500 fell 0.1%. International indices are mixed. The UK’s FTSE 100 fell 1.4% at 9,187.34, but Kospit Composite South Korea index increased 0.5% to 3,186.01 and Chinese Shanghai Composite index improved 0.8% to 3,857.93.
In addition to the sphere of entertainment, only three stocks had gains above 1%: Cumulus media (in the rise in 6.3%), Anghami (UP 4.1%) and MSG entertainment (rising 3.5%). Three of the most valuable music companies had gains less than 1%: Siriusksm (rising 0.8%), Hiba (increased by 0.5%) and live a nation (0.5% increase).
With most musical stocks losing the earth this week, BGMI dragged the losses of its three most valuable music companies. Spotify dropped 1.5% to 682.34 dollars, taking stock 13.1% below all $ 785.00, 27. June. Universal Music Group fell 2.7%, bringing its annual gain to 1.0%. And Tencent Music Entertainment sank 3.2% to $ 24.53, although the first half of 2025 gleamed. Helped to put 120.0% of this year.
Two K-pop companies were among weekly worst performers. SM for fun fell 3.9% to 138,800 blood ($ 99.82) and JIP Entertainment was reduced by 5.6% to 72,700 blood (52.29 dollars). The biggest loser of the week was a musical streamer of Liveone, which fell by 8.3% to $ 0.55 and extended the loss in the date at 59.9%.
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