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Immersive entertainment company Cosm accelerates content expansion and growth

CNBC · ·by G4L

SONY Sony Group Corp ADR
$27.06 +0.22%
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  1. 1Cosm has opened four theaters near Los Angeles, Dallas, Atlanta, and Detroit since 2024.
  2. 2Sony invested 100 million dollars in Cosm in June and appointed Ravi Ahuja to the board.
  3. 3Cosm's prices range from a floor of 18 dollars for matinee tickets to a ceiling of 70 dollars for prime seats or high-demand screenings.

So what's the key point?

Cosm is growing its business by opening new theaters in several cities. Sony is supporting this growth with a 100 million dollar investment.

Source CNBC · View original ↗

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