Cosm, an immersive entertainment technology company that evolved from planetarium programming, operates massive domed theaters designed to provide premium large format viewing experiences. The company has opened four locations since 2024 near Los Angeles, Dallas, Atlanta, and Detroit, with a fifth venue planned for Cleveland in 2027. Each dome features an 87-foot-diameter concave screen, with the Cleveland location expanding to 100 feet in diameter.
The company has recently secured partnerships with major Hollywood studios and streaming platforms to expand its content offerings. Warner Bros., now part of Skydance, has licensed films including “The Matrix,” “Willy Wonka & the Chocolate Factory,” “Harry Potter and the Sorcerer’s Stone,” and “It” for presentation in Cosm’s domes. Universal signed an agreement to bring “Shrek” to the venues in December. The company initially built its audience through live sports programming, with showings of professional matchups often achieving sellout crowds in the arena-like theater environment.
Sony Pictures Entertainment made a significant investment in the company, committing $100 million in June to take a minority stake and placing its chairman and CEO on Cosm’s board. The investment reflects broader industry recognition of the potential for premium experiential theatrical offerings. Other investors include Steve Winn’s Mirasol Capital, Marc Lasry’s Avenue Sports Fund, Dan Gilbert’s Rock, and Bolt Ventures, David Blitzer’s investment firm.
Ticket pricing ranges from $18 for matinee showings to approximately $70 for premium seats or high-demand screenings, with additional costs for concessions and themed offerings. Each theater features stadium-style seating with booths and tables arranged on multiple levels. For theatrical presentations, Cosm collaborates with creative partners including Little Cinema and MakeMake to adapt films for the dome format, a process that can extend up to one year from storyboarding through post-production. The company has prioritized classic films with established fan bases to leverage audience nostalgia while introducing viewers to these properties in an enhanced visual format.
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