During an enhancement of Blackbaud Sphere on Thursday, December 6th, the former "Update Your Event Now" button was changed to "Publish This Event Now".  This enhancement was added to provide an easier way for users of event templates to publish all child events at the same time within Sphere.  Outside of event templates, the Forms and Events can still be updated with changes made to them by using the Publish This Event Now button without actually changing the status.  So if your Form or Event is in Preview mode, this will not change it to Active mode until you manually select that Action and click Publish This Event Now.

All edits made to an Event or Form still need to have Publish This Event Now clicked in order for them to take effect.