Sony Pictures Invests $100 Million in Immersive Venue Company Cosm
By
Corbin Bolies
Summary
Sony Pictures Entertainment has invested $100 million in Cosm, a company that builds immersive, shared-reality dome venues across the U.S. Sony led Cosm's Series C financing round, taking a minority stake, and SPE CEO Ravi Ahuja will join Cosm's board. Cosm, founded in 2020 by Steve Winn, operates venues in Los Angeles, Dallas, and Inglewood, with plans for Detroit and Cleveland. The investment signals Sony's bet on experiential entertainment and shared-reality technology.
Source
VarietySony Pictures Invests $100 Million in Immersive Venue Company Cosmvariety.comKey quotes
· 3 pulledSony Pictures Entertainment has invested $100 million in Cosm, the entertainment and tech company focused on creating shared-reality experiences through immersive dome-like venues throughout the U.S.
Sony led Cosm's Series C financing round and will take a minority ownership stake in the company, while SPE CEO and chairman Ravi Ahuja will join Cosm's board of directors.
Cosm, founded in 2020 by Steve Winn, has opened several dome structures throughout the U.S.
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