Will immersive venues replace cinemas and stadiums?

They swallow them. The old venues are rebuilding themselves as immersive venues. Real Madrid spent $1.5 billion turning the Bernabeu into an immersive arena. Abu Dhabi builds a $1.7 billion Sphere by 2029. Toronto builds a $500 million esports arena. My forecast: by 2030 every serious venue adds an immersive layer, or the big shows go somewhere else. A stadium with a pitch and a scoreboard is now the cheap seat.