Cosm Raises $250 Million to Open 50 Immersive Sports-Viewing Venues by 2030

Cosm, a company specializing in immersive sports-viewing experiences, is gaining significant attention with its innovative approach. The company features 87-foot-by-55-foot domes equipped with onsite restaurants and bars, with current locations in Los Angeles and Dallas. Recently, Cosm raised $250 million to expand its operations, aiming to open 50 more locations by 2030. The company's primary business involves paying broadcasters like Fox Sports rights fees to license game content for its giant screens. Cosm's President and CEO, Jeb Terry, highlighted the concept of 'shared reality' as a key offering of these immersive venues. Additionally, the company collaborates with ESPN and XtadiumVR to enhance the immersive experience.