Live Nation Announces $1B Venue Investment

Live Nation will invest $1 billion to build 18 “new and revitalized live music venues” across the United States over the next 18 months, the company announced June 10.

According to a study cited by Live Nation, construction, engineering and development of the projects — which range from small clubs to large amphitheaters — will spur $2.9 billion in economic impact with $1.4 billion in annual impact once the venues are online.

The projects will be located in Allentown, PA; Atlanta, GA; Birmingham, AL; Denver, CO; Indianapolis, IN; Memphis, TN; Milwaukee, WI; Nashville, TN; Orlando, FL; Portland, ME; Portland, OR; Pittsburgh, PA; Raleigh, NC; Richmond, VA; Riverside, MO; Seattle, WA; Shakopee, MN; and Virginia Beach, VA…

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