
Venu Holding Corporation and Aramark Sports + Entertainment Forge Landmark Strategic Partnership
The multi-venue agreement, which includes an equity investment in VENU, will be implemented across three of the Company's flagship amphitheaters
Share
The multi-venue agreement, which includes an equity investment in VENU, will be implemented across three of the Company's flagship amphitheaters:
Sunset Amphitheater at Broken Arrow located just outside of Tulsa, Oklahoma, and slated to open in spring of 2026.
Sunset Amphitheater at McKinney powered by EIGHT Beer in McKinney, Texas, anticipated to open in summer of 2026.
Ford Amphitheater in Colorado Springs, Colorado, where Aramark and VENU will expand upon their existing relationship.
VENU has been nationally recognized for disrupting the industry by prioritizing premium, fan-first experiences. As part of the long-term partnership, Aramark will support VENU in delivering exceptional service across its fan experiences including the Company's most exclusive hospitality spaces, such as VENU's signature Luxe FireSuites and the elevated members-only Aikman Clubs, built in collaboration with NFL Hall of Famer, Troy Aikman.
'VENU's 'fan-founded' philosophy aligns perfectly with our commitment to creating unforgettable experiences,' said Alison Birdwell, President and CEO of Aramark Sports + Entertainment. 'We are thrilled to support their approach to transforming the live entertainment space and to help bring their groundbreaking vision to life.'
'When you combine the leading name in premium hospitality with our fan-first, experience-driven venues, transformation is inevitable,' said Founder, Chairman, and CEO of VENU, J.W. Roth. 'From the very beginning, we've been searching for a strategic partner who wouldn't just match our energy but exceed every expectation. Aramark brings a proven legacy of industry innovation, sustainable sourcing, chef-driven menus, and elevated premium suite and club service. Our experiences are built around the fan, and Aramark's commitment to excellence makes them the ideal partner to come alongside us in this journey. We couldn't be more excited about what's ahead.'
The partnership between VENU and Aramark underscores a shared, strategic commitment to transforming the live entertainment experience. Aramark joins a growing list of brands that have chosen to align with VENU including Troy Aikman's EIGHT Beer, Ford Dealerships, Boingo, and Ryan LLC. These alliances set a powerful foundation for the future of premium entertainment.
Source: Venu Holding Corporation
ABOUT VENU HOLDING CORPORATION:
Venu Holding Corporation ('VENU') (NYSE American: VENU), founded by Colorado Springs entrepreneur and 2023 VenuesNow All-star, J.W. Roth, is a premier hospitality and live music venue developer dedicated to crafting luxury, artist-centric, experience-driven entertainment destinations. VENU's campuses in Colorado Springs, Colorado, and Gainesville, Georgia, each feature Bourbon Brothers Smokehouse and Tavern, The Hall at Bourbon Brothers, and unique to Colorado Springs, Notes Eatery and the 9,570-seat Ford Amphitheater. Expanding with new multi-season Sunset Amphitheaters in Oklahoma and Texas, VENU's upcoming large-scale venues will host between 12,500 and 20,000 guests, continuing VENU's vision of redefining the premium live entertainment experience. Click here to view our company overview.
VENU has been recognized nationally by The Wall Street Journal, The New York Times, Denver Post, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents and NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, VENU continues to shape the future of the entertainment landscape. For more information, visit VENU's website, Instagram, LinkedIn, or X.
ABOUT ARAMARK SPORTS + ENTERTAINMENT:
Aramark Sports + Entertainment serves more than 150 award-winning food and beverage and retail programs in premier professional and collegiate stadiums and arenas along with convention centers, cultural attractions, performance venues, and unique entertainment destinations across North America. The company has received accolades for industry innovations including autonomous markets and dining concepts powered by artificial intelligence and has provided hospitality services at high-profile sporting events like the MLB World Series, MLB at Rickwood Field, NBA All-Star, and Indianapolis 500. Visit Aramark Sports + Entertainment's website to learn more or connect on LinkedIn and X.
Forward Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
Korea's CJ ENM Launches Saudi Arabia Subsidiary in Major Middle East Expansion
K-content powerhouse CJ ENM has established a wholly owned subsidiary in Riyadh, becoming the first Korean entertainment company to set up operations in Saudi Arabia. The new entity, CJ ENM Middle East, marks a significant milestone in what the company has declared its 'first official year of global expansion,' coinciding with the group's 30th anniversary in 2025. 'Establishing a presence in Saudi Arabia allows us to actively engage in emerging global markets and strengthen our global competitiveness,' said Yoon Sang-hyun, CEO of CJ ENM. More from The Hollywood Reporter Julie Pacino on Exploring Female Trauma in Lynchian Feature Directorial Debut 'I Live Here Now' Malcolm Jamal-Warner Drowning Death: Second Swimmer Survived Ordeal Just For Laughs: Tig Notaro, Fortune Feimster, Mae Martin to Receive Best Podcast Award Positioning the Middle East and North Africa (MENA) region as a strategic growth engine, CJ ENM says the subsidiary will facilitate collaborations across music, television, film, and live entertainment — including both scripted and unscripted formats. Plans include localized audition programs built around the company's established creative ecosystem, talent development projects with regional studios, and large-scale K-pop concerts using both CJ ENM's and third-party IP. 'The MENA region, and Saudi Arabia in particular, presents unprecedented potential for cultural and commercial collaboration,' added Hyun Soo Kim, the CJ exec who has been named general manager of CJ ENM Middle East. 'To build strong local networks and ensure stable operations, we are partnering with Sela — Saudi Arabia's leading live events and experiences company — to expand the influence of K-culture.' CJ ENM signed a strategic partnership with Sela in late 2024, building on earlier collaborations with Saudi Arabia's Ministry of Culture (2022) and Manga Productions (2023). The company has also staged consecutive editions of its flagship K-pop fan festival KCON in Riyadh (2022 and 2023), and recently inked a content licensing deal with Shahid, the MENA region's largest local Arabic-language streaming platform, to deliver 20 premium Korean dramas to regional audiences. CJ ENM remains best known to Hollywood as the producer of Oscar-winning Parasite, hit K-dramas like Queen of Tears, and K-pop performance brands including KCON and the MAMA Awards. The group operates production powerhouses including Studio Dragon, Fifth Season, and CJ ENM Studios, as well as Korea's leading streamer, TVING. Amid the ongoing liberalization around entertainment in Saudi Arabia, global entertainment ocmpanies continue to view the country as a key frontier for global growth, eying a population with 62 percent of its consumers under the age of 30 and digitally engaged. The country has invested heavily in cultural development as part of its Vision 2030 national roadmap, making entertainment a strategic pillar of its post-oil economy. CJ ENM says the Riyadh office will serve as a regional hub, working closely with headquarters in Seoul to accelerate content development and partnerships across the MENA region. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire Solve the daily Crossword
Yahoo
6 hours ago
- Yahoo
The Smartest Growth Stock to Invest $5,000 in Right Now
Key Points Netflix delivered another excellent quarterly report. The company continues to boast a strong moat and vast runway for growth. Shares may seem expensive, but the premium is justified given Netflix's prospects. 10 stocks we like better than Netflix › Let's start with an important caveat. Since investors have different goals, preferences, risk tolerances, and available capital, it's challenging to choose a stock that everyone would universally consider a smart buy. That said, among the many growth-oriented companies on the market right now, one which I feel looks particularly attractive is Netflix (NASDAQ: NFLX). The streaming giant continues to deliver in a highly competitive entertainment industry, and the stock has excellent long-term prospects. Here's why investors would be wise to put $5,000 into Netflix today. Another quarter with excellent results For several quarters running, Netflix has been impressing Wall Street with its earnings results. The company's Q2 revenue increased 15.9% year over year to $11.1 billion, slightly ahead of its $11.0 billion guidance. Netflix's earnings per share (EPS) of $7.19 also beat its $7.03 projection, growing by 47% compared to the year-ago period. And there were plenty of other bright spots -- Netflix's free cash flow soared almost 87% year over year as well. One thing driving these strong results was member growth. Netflix recently increased its prices in the U.S. and several other markets. Yet, new subscribers are still coming in. That says a lot about the company's business. Netflix is the leader in streaming, and its brand name and massive library of content continuously attract new users while retaining existing ones. That strong brand name also gives the business a competitive edge and pricing power. For the third quarter, Netflix is guiding for year-over-year revenue and EPS growth of 17% and 27%, respectively. Management also increased its full-year revenue outlook to a range of $44.8 billion to $45.2 billion, in part due to stronger than expected member growth. Why the future is bright for Netflix Netflix's brand isn't its only competitive advantage. The company's massive ecosystem of viewers grants it access to data it can use to produce new content (or license existing movies and shows) that its viewers will love. This leads to greater engagement as films spread through word of mouth and social media platforms, ultimately resulting in even more subscribers -- an excellent example of the network effect. Since 2019, the streaming landscape has undergone a significant evolution with numerous new platforms emerging, including some created by leading companies in the media and technology sectors. Netflix has continued to thrive despite all that, after an adjustment period. The company has introduced a low-price, ad-supported tier, for example, and it continues to scale its advertising business. Even with fears of an economic downturn swirling, the company's ability to grow its subscriber count while it raises prices suggests its customers aren't very price sensitive. If a recession does hit, that might somewhat impact demand for the company's services, but this wouldn't be the first time Netflix has navigated a tough macroeconomic environment. As the company's co-CEO, Greg Peters, stated during the Q2 earnings call, Netflix has been "historically pretty resilient in tougher economic times." Expect the same moving forward. Streaming has already positioned itself as the future of entertainment. It is vastly superior to cable in that it offers the ability to watch shows or movies on demand on multiple screens at any time. That's why streaming has been gaining ground while cable is losing market share. But old habits die hard. Millions of consumers are still tied to cable, helping to keep the industry alive in the U.S. That market will continue to shrink over time, though, and that remains a massive long-term opportunity for Netflix. As for the stock, Netflix's forward price-to-earnings ratio is just under 45 as of this writing. That sits well above the average of 19.9 for the communication services sector. However, Netflix has earned the premium given its market leadership, outstanding track record, and attractive long-term prospects. Perhaps the stock may be somewhat volatile in the short term, but over the long term, this won't matter too much. Those intending to hold Netflix for the next five to 10 years should still consider buying the stock, even at current levels. Netflix is a top pick for a broad swath of investors, and with $5,000, you can get a bit more than four of the company's shares as of this writing. Should you buy stock in Netflix right now? Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Prosper Junior Bakiny has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix. The Motley Fool has a disclosure policy. The Smartest Growth Stock to Invest $5,000 in Right Now was originally published by The Motley Fool Sign in to access your portfolio


CNN
10 hours ago
- CNN
Beyonce brings out Destiny's Child and more surprise guests during final Cowboy Carter show
People in entertainment BeyoncéFacebookTweetLink Follow Beyoncé capped off her Cowboy Carter Tour with a bang in Las Vegas, using the farewell show Saturday night as a chance to feature a starry lineup of surprise guests. The 'Texas Hold 'Em' singer reunited Destiny's Child during the concert at Allegiant Stadium, with Michelle Wiliams and Kelly Rowland joining Beyoncé on stage to perform a medley of the group's biggest hits, according to video footage posted to social media. The trio wore all gold ensembles when they stomped out on stage to sing their opening number of 'Lose my Breath' to an excited audience, one video showed. 'Destiny's Child, b**ch!' Beyoncé said on stage before they began to sing. Rowland and Williams then helped Beyoncé sing her 'Renaissance' track 'Energy,' where they did the 'mute challenge.' The trio performed their 2001 mega hit 'Bootylicious' to close out the reunion, another video showed. The last time Destiny's Child reunited on stage was during Beyoncé's 2018 Coachella performance. Beyoncé also enlisted her husband, rapper Jay-Z, to be part of her final show of the tour, performing their joint track 'Crazy in Love.' Jay-Z has made several surprise appearances to perform the song with his wife throughout the Cowboy Carter tour. And as if that wasn't enough star power, country star Shaboozey made a surprise appearance to perform his verse in 'Sweet Honey Buckiin,'' a track they collaborated on for Beyoncé's Grammy Award-winning 'Cowboy Carter' album. The Cowboy Carter tour kicked off in April, bringing Beyoncé all over the country and abroad. At the very end of the show, Beyoncé's 13-year-old daughter Blue Ivy, who has been a featured backup dancer throughout the tour, joined her on stage to say goodbye to the audience one last time.