Venu Holding Corporation - VENU STOCK NEWS

Venu Holding (NYSE: VENU) reported its Q3 2024 results, marking its first earnings report since its November 2024 IPO. The company's total assets increased 100% to $166.6 million, while revenue grew 56% year-over-year to $13.6 million for the nine months ended September 30, 2024.

The company's flagship Ford Amphitheater in Colorado Springs, which opened in August 2024, generated $12.7 million in gross receipts from 17 shows, selling over 83,000 tickets at an average price of $152. The venue secured a $13 million naming rights deal with Colorado Ford Dealerships for ten years.

VENU currently has two completed campuses, four under construction, and five in development. Once operational, these markets are projected to add over $2 billion in real assets and bring seat inventory to 150,000 seats.

VENU Holding (NYSE American: VENU) has released its Winter Edition 2024 of VENU Magazine, reaching 150,000 households nationwide. The magazine features exclusive content about premium live entertainment, hospitality, and the communities VENU serves. This edition includes articles on retirement income generation, fire pit suite investments, luxury hunting and golf retreats, and a cover story featuring NFL Hall of Famer Troy Aikman, founder of EIGHT Elite Lite Lager. The publication aims to connect fans, investors, and partners with VENU's vision and offerings.

Venu Holding (NYSE American: VENU) has announced the launch of its new non-profit, Venu Arts and Culture Foundation. The foundation aims to support local talent and enhance access to arts through community concerts, events, scholarships, grants, educational workshops, and fundraising events.

The foundation's board includes Chloe Hoeft (President), Tobin Kern (Secretary), Heather Atkinson (Treasurer), J.W. Roth (Chairman), Gary Tedder, Boyd Williams, and Jen Furda. Funding will come from private donors and revenue generated by VENU's nationwide brands, including restaurants, amphitheaters, and indoor music halls. The organization has applied for 501(c)(3) status.

Venu Holding (NYSE: VENU) has announced plans to open four new entertainment facilities in Texas and Oklahoma over the next 24 months. The new venues will be located in McKinney (Dallas market), El Paso, Broken Arrow (Tulsa market), and Oklahoma City. When completed, VENU will have a total capacity of 80,000 seats across its properties.

Each facility is expected to host 40-50 shows annually. The venues are projected to collectively generate over $750 million in annual revenue, with potential net tangible assets exceeding $1 billion within six quarters. The development costs range from $93 million to $220 million per venue, with capacities between 12,500 and 20,000 fans. Each location will feature Luxury Fire Pit Suites and Aikman Club Memberships.

Venu Holding (NYSE: VENU) has announced an exclusive TMZ Sports interview featuring NFL Hall of Famer Troy Aikman, owner of EIGHT Elite Light Lager, and VENU's CEO J.W. Roth. The interview highlighted the new partnership between VENU and EIGHT, focusing on their shared vision for transforming the live entertainment industry. The collaboration aims to strengthen VENU's position in luxury entertainment venues and expand its brand portfolio.

Venu Holding (NYSE American: VENU), a leading premium hospitality and live entertainment company, announced its intention to release third quarter 2024 results on December 23, 2024. The results will cover the period ending September 30, 2024.

Additionally, VENU will host a conference call on December 23, 2024, at 4:30 p.m. Eastern Time to discuss its financial results and business progress. The conference call can be accessed via a toll-free dial-in number for USA/Canada at (800) 715-9871, or internationally at +1 (646) 307-1963, using the Conference ID: 9521412. A webcast link is available at https://events.q4inc.com/attendee/565245234, and a replay will be accessible through December 23, 2025, at https://investors.venu.live.

Venu Holding (NYSE American: VENU) has appointed Terri Liebler as its new Chief Marketing Officer. Liebler brings 30 years of experience in the sports and entertainment industry, including a 22-year tenure at Live Nation Entertainment where she served as Senior Vice President in the Media and Sponsorship Division.

Throughout her career, Liebler has been instrumental in launching over 100 major sports and entertainment venues nationwide, including Key Arena (now Climate Pledge Arena), House of Blues, the Fillmore properties, and San Antonio Alamodome. Her previous roles include positions with the NBA's Seattle SuperSonics, San Antonio Spurs, and the 1996 Olympics in Atlanta.

Venu Holding (NYSE American: VENU), a leader in premium hospitality and live entertainment, announces Will Hodgson as its new President. Hodgson, who joined VENU in late October 2024, brings 25 years of industry experience, previously serving as Head of House of Blues Entertainment at Live Nation Entertainment. He oversaw 20 venues, 17 restaurants, and 7 cocktail lounges, managing 4,000 employees and producing 3,000 events annually. Hodgson also has a background in investment banking and ticketing solutions for major festivals. VENU's CEO, J.W. Roth, praises Hodgson's diverse expertise and leadership, emphasizing his fit with VENU's strategic growth and operations. Hodgson expresses excitement about joining VENU and its innovative fan-founded model.

Venu Holding (NYSE: VENU) has announced a partnership with Troy Aikman and his EIGHT Elite Light Lager brand. EIGHT will become the official 'powered by' partner for all VENU's Texas and Oklahoma Outdoor Sunset Amphitheaters. The partnership includes creating exclusive 'Aikman Clubs' inside each planned amphitheater in Texas and Oklahoma, offering premium seating and high-end amenities. VENU's CEO J.W. Roth will join EIGHT's advisory board. The company plans to develop premium Sunset Amphitheaters in McKinney, El Paso, Oklahoma City, and Broken Arrow, featuring luxury firepit suites and premium amenities.