SPHERE ENTERTAINMENT NAMES GLENN DERRY EXECUTIVE VICE PRESIDENT, MSG VENTURES
Sphere Entertainment Co. (NYSE: SPHR) has appointed Glenn Derry as Executive Vice President of MSG Ventures. Derry, an Academy Award-winning technologist with over 30 years of experience, will oversee technology initiatives for the subsidiary focused on developing advanced technologies for live entertainment.
Derry will support Sphere Studios, the immersive content studio creating multi-sensory experiences for Sphere venues, including the first location opened in Las Vegas in September 2023. He joins from AGBO, where he served as President of Production Technology, and previously led Technoprops, developing innovative visual production technology including an award-winning head-mounted camera system.
His extensive experience includes work on major films like Avatar, Star Wars: Rogue One, and The Jungle Book. Based at Sphere Studios in Burbank, Derry will report to Jim Dolan, Executive Chairman and CEO.
Sphere Entertainment Co. (NYSE: SPHR) ha nominato Glenn Derry come Vicepresidente Esecutivo di MSG Ventures. Derry, un tecnologo vincitore di un Academy Award con oltre 30 anni di esperienza, sovrintenderà le iniziative tecnologiche della sussidiaria focalizzata sullo sviluppo di tecnologie avanzate per l'intrattenimento dal vivo.
Derry supporterà Sphere Studios, lo studio di contenuti immersivi che crea esperienze multi-sensoriali per le location di Sphere, inclusa la prima apertura a Las Vegas nel settembre 2023. Proviene da AGBO, dove ha ricoperto il ruolo di Presidente della Tecnologia di Produzione, e in precedenza ha guidato Technoprops, sviluppando tecnologie innovative per la produzione visiva, tra cui un sistema di telecamera montato sulla testa vincitore di un premio.
La sua vasta esperienza include lavori su grandi film come Avatar, Star Wars: Rogue One e Il Libro della Giungla. Con sede presso Sphere Studios a Burbank, Derry riferirà a Jim Dolan, Presidente Esecutivo e CEO.
Sphere Entertainment Co. (NYSE: SPHR) ha nombrado a Glenn Derry como Vicepresidente Ejecutivo de MSG Ventures. Derry, un tecnólogo ganador de un Premio de la Academia con más de 30 años de experiencia, supervisará las iniciativas tecnológicas de la subsidiaria centrada en el desarrollo de tecnologías avanzadas para el entretenimiento en vivo.
Derry apoyará a Sphere Studios, el estudio de contenido inmersivo que crea experiencias multisensoriales para los locales de Sphere, incluida la primera ubicación que se abrió en Las Vegas en septiembre de 2023. Viene de AGBO, donde se desempeñó como Presidente de Tecnología de Producción, y anteriormente lideró Technoprops, desarrollando tecnología innovadora de producción visual, incluido un sistema de cámara montado en la cabeza galardonado.
Su amplia experiencia incluye trabajo en grandes películas como Avatar, Star Wars: Rogue One y El Libro de la Selva. Con sede en Sphere Studios en Burbank, Derry reportará a Jim Dolan, Presidente Ejecutivo y CEO.
Sphere Entertainment Co. (NYSE: SPHR)는 글렌 데리(Glenn Derry)를 MSG Ventures의 최고 부사장으로 임명했습니다. 데리는 30년 이상의 경험을 가진 아카데미 수상 기술자로, 라이브 엔터테인먼트를 위한 첨단 기술 개발에 중점을 둔 자회사의 기술 이니셔티브를 감독할 예정입니다.
데리는 2023년 9월에 라스베이거스에 첫 번째 장소를 개장한 스피어 스튜디오를 지원하며, 스피어 장소를 위한 다감각 경험을 생성하는 몰입형 콘텐츠 스튜디오입니다. 그는 AGBO에서 프로덕션 기술의 사장으로 일하다가 Technoprops을 이끌었으며, 수상 경력이 있는 헤드 마운트 카메라 시스템을 포함한 혁신적인 비주얼 프로덕션 기술을 개발했습니다.
그의 광범위한 경험에는 아바타, 스타워즈: 로그 원, 그리고 정글북과 같은 주요 영화 작업이 포함되어 있습니다. Burbank의 Sphere Studios에 근무하면서 데리는 Jim Dolan 이사 회장이자 CEO에게 보고할 것입니다.
Sphere Entertainment Co. (NYSE: SPHR) a nommé Glenn Derry au poste de vice-président exécutif de MSG Ventures. Derry, un technologiste lauréat d'un Oscars avec plus de 30 ans d'expérience, supervisera les initiatives technologiques de la filiale axées sur le développement de technologies avancées pour le divertissement en direct.
Derry soutiendra Sphere Studios, le studio de contenu immersif créant des expériences multisensorielles pour les lieux Sphere, y compris le premier site ouvert à Las Vegas en septembre 2023. Il vient d'AGBO, où il a été président de la technologie de production, et a précédemment dirigé Technoprops, développant une technologie de production visuelle innovante, y compris un système de caméra monté sur la tête récompensé.
Son expérience vaste comprend des travaux sur des films majeurs comme Avatar, Star Wars: Rogue One et Le Livre de la Jungle. Basé à Sphere Studios à Burbank, Derry rendra compte à Jim Dolan, président exécutif et PDG.
Sphere Entertainment Co. (NYSE: SPHR) hat Glenn Derry zum Executive Vice President von MSG Ventures ernannt. Derry, ein mit einem Academy Award ausgezeichneter Technologe mit über 30 Jahren Erfahrung, wird die Technologieinitiativen des Tochterunternehmens leiten, das sich auf die Entwicklung fortschrittlicher Technologien für die Live-Unterhaltung konzentriert.
Derry wird Sphere Studios unterstützen, das immersive Inhaltsstudio, das multisensorische Erfahrungen für die Sphere-Standorte schafft, einschließlich des ersten Standorts, der im September 2023 in Las Vegas eröffnet wurde. Er kommt von AGBO, wo er als Präsident der Produktionstechnik tätig war und zuvor Technoprops leitete, wo er innovative visuelle Produktionstechnologien entwickelte, darunter ein mit Preisen ausgezeichneter kopfmontierter Kamerasystem.
Seine umfangreiche Erfahrung umfasst Arbeiten an großen Filmen wie Avatar, Star Wars: Rogue One und Das Dschungelbuch. Derry wird in den Sphere Studios in Burbank ansässig sein und an Jim Dolan, den Executive Chairman und CEO, berichten.
- Appointment of an Academy Award-winning technology expert strengthens company's technical leadership
- Strategic hire brings expertise from major entertainment projects (Avatar, Star Wars) to enhance Sphere's capabilities
- Addition of proven innovator in virtual production technology could advance Sphere's immersive entertainment offerings
- None.
Insights
The appointment of Glenn Derry as EVP of MSG Ventures marks a pivotal strategic development for Sphere Entertainment. Derry's exceptional track record in pioneering virtual production technologies, particularly his innovations at Technoprops and contributions to blockbuster projects like Avatar and Star Wars: Rogue One, positions Sphere to potentially revolutionize its immersive entertainment offerings.
This strategic hire carries several significant implications for investors:
- Sphere's technological moat could widen substantially, as Derry's expertise in developing proprietary systems (evidenced by his Academy Technical Achievement Award) suggests potential for creating exclusive technological solutions that competitors cannot easily replicate.
- Content creation capabilities at Sphere Studios may see substantial enhancement through the integration of advanced virtual production techniques, potentially reducing production costs while improving quality.
- The appointment signals Sphere's commitment to vertical integration in the immersive entertainment space, combining venue operations with cutting-edge content production technology.
The timing is particularly strategic as the immersive entertainment market is experiencing rapid growth, with analysts projecting the global experiential entertainment sector to expand significantly through 2030. Derry's expertise in both practical effects and digital technologies positions Sphere to capitalize on this trend while potentially developing new revenue streams through technological licensing or expanded venue deployment.
However, investors should note that technological innovation in the entertainment sector often requires substantial capital investment before yielding returns. The full impact of this appointment will likely materialize over the medium to long term as new technologies are developed and deployed across the Sphere platform.
In this role, Mr. Derry will oversee a wide range of technology initiatives across MSG Ventures, a wholly-owned subsidiary of Sphere Entertainment focused on developing advanced technologies for live entertainment. MSG Ventures also supports Sphere Studios, the immersive content studio dedicated to creating multi-sensory entertainment experiences exclusively for Sphere, and the Sphere platform overall, including future Sphere venues. Mr. Derry will work across the organization to deploy both new and existing technologies that enhance Sphere's live entertainment and experiential content, which has been redefining immersive experiences since the first Sphere opened in
"Our vision for Sphere was to combine cutting-edge technologies with storytelling – bringing audiences together to share in experiences they cannot experience anywhere else," said Mr. Dolan. "Glenn is a creative technologist whose work has had a significant impact on the entertainment industry. His expertise will be an asset to Sphere as we continue to build on this next generation entertainment medium and reinforce our position at the forefront of immersive experiences."
"Throughout my career I have focused on developing technologies in service of creative visions that expand the possibilities of entertainment, and there is no better opportunity to continue that work than at Sphere," said Mr. Derry. "Sphere sets a new standard for immersive experiences, and together with my colleagues across the organization we look forward to creating new tools and experiences that push creative boundaries and drive innovation across the industry."
As one of
Prior to joining AGBO Mr. Derry served as Vice President of Visual Effects at 20th Century Fox Studios following the acquisition of Technoprops, an R&D firm specializing in motion capture and emerging visual production technology. Mr. Derry was the founder and CEO of Technoprops, and over nearly 20 years he built the company into a force recognized for redefining creative and technical innovation in the film industry. Among Technoprops' achievements was developing a state-of-the-art head-mounted camera system widely adopted for capturing an actor's facial movements. Mr. Derry and his team received an Academy of Motion Picture Arts and Sciences Technical Achievement Award for the groundbreaking design and engineering of this system. Over the course of his tenure at Technoprops, Mr. Derry was involved in some of the most technically ambitious projects in film and video games, including Avatar, Star Wars: Rogue One, Avengers – Age of Ultron, Zero Dark Thirty, The Jungle Book, Minority Report, and Halo 4, among many notable others.
Mr. Derry began his career in the film industry creating practical effects, including advanced puppets for movies, before transitioning into his work in visual effects and virtual production.
About Sphere Entertainment Co.
Sphere Entertainment Co. (NYSE: SPHR) is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue opened in
Contact:
Sphere Entertainment – spherepr@thesphere.com
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SOURCE Sphere Entertainment Co.
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