Latest news with #AEGPresents
Associated Press
6 days ago
- Business
- Associated Press
24/7 Market News: VENU Closing Its RegA Preferred Stock Offering, as CEO Roth Invests $5 Million in Company
Move Eliminates Ceiling and follows ~$200M Non-Dilutive Commitment from Texas Capital Securities Denver, Colorado--(Newsfile Corp. - July 23, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and corporate information, reports that Venu Holding Corporation (NYSE American: VENU) ('Venu'), an upscale live music and premium hospitality venue developer-operator, will close its Regulation A Preferred Stock Offering Friday, July 25, 2025. Final investments will be accepted through end-of-day Thursday, July 24. During the offering, the $15 preferred-share reference point likely acted as an artificial ceiling. In a recent independent analyst report, Cenorium AG set a $22.30 price target on VENU, citing its 'compelling business model,' rapid expansion strategy, and revenue growth from $17.8 million in 2024 to a goal of over $600 million by 2029. The report also noted: 'Venu is redefining how live entertainment is experienced in targeted U.S. markets,' emphasizing VENU's vertically integrated entertainment campuses, recurring revenue streams, and major-market partnerships with AEG Presents and Aramark (the latter invested $10.25 million at a premium). It pointed to catalysts like amphitheater completions in McKinney, El Paso, and Broken Arrow, and projected a shift to positive EBITDA by 2026 and net profitability in 2027. Venu's most recent quarterly report shows 37.52 million shares outstanding and the float at 4.04 million shares. However, Venu was set to be added to the broad-market Russell 3000 Index at the conclusion of the recent annual reconstitution, but its shares were deemed to be too tightly held. Additionally, recent NYSE data show 266,612 shares short, equivalent to about 8 days to cover. VENU More than Replaces Reg A Simultaneously, VENU has announced several non-dilutive moves, including that its Founder, Chairman & CEO, J.W. Roth, personally invested $5 million in the Company's premium Luxe FireSuites, located at its amphitheaters in McKinney and El Paso, Texas. 'Over the years, as an entrepreneur, businessman and a seasoned family office investor, I've learned to pay close attention to opportunity. Because of this, I have decided to personally purchase $5 million of our Luxe FireSuites through my family office,' commented Roth. 'Over the course of the next year, I intend to increase my investment to $20 million in additional Luxe FireSuites,' commented Roth. Luxe FireSuites have driven remarkable growth, sales surged 250% year-over-year, from $22.2 million in 2023 to $77.7 million in 2024 and already on pace to deliver $300 million in 2025, when combined with VENU's new NNN structured offerings, underlining the appeal and the resiliency of VENU's business model. In addition to Roth's investment in Venu, the Company announced that it retained Texas Capital Securities as its exclusive financial advisor to arrange approximately $200 million in non-dilutive private debt commitments, which will be used to accelerate construction and support infrastructure buildout, all without equity dilution. This non-dilutive financing initiative aligns with Venu's aggressive expansion strategy, targeting the addition of two facilities per quarter and a goal of 20 venues with 250,000 total seats by 2028. Please click here to read Cenorium's full Venu analyst report on For the full 24/7 Market News VENU report and in-depth insights, visit: Read 24/7 Market News VENU Report/. Contact [email protected] for Analyst Report coverage and other investor/public relations services. [ This image cannot be displayed. Please visit the source: ] Venu Holding Corporation (NYSE American: VENU) 24/7 MARKET NEWS, INC Disclaimer Please go to for additional VENU disclosure or for disclaimer information. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law. To view the source version of this press release, please visit
Business Wire
7 days ago
- Business
- Business Wire
AEG Presents Elevates Jim King to Chief Executive Officer, AEG Presents UK and European Festivals
LONDON--(BUSINESS WIRE)--AEG Presents, a global leader in live entertainment, today announced that Jim King has been promoted to the role of Chief Executive Officer of AEG Presents UK and European Festivals. In addition, Steve Homer will transition to a new position as President, UK Touring at the company, as part of King's team. King, who was most recently CEO of European Festivals, will add oversight of the company's UK concert promotion business — from arena and stadium tours to club performances — to his remit. In his new role, Homer will focus on AEG Presents' UK touring business, leveraging his long-standing relationships and experience as one of the country's leading concert promoters. 'Jim's appointment is both a recognition of his achievements and a key strategic step as we continue aligning and expanding our UK and European business strategies,' said Adam Wilkes, President & CEO of AEG Presents Europe and Asia Pacific, to whom King will report. 'His vision and leadership have been central to shaping the company's presence and footprint across the region, and I'm confident that under his guidance we're well positioned for even greater success in the United Kingdom and across the continent. In addition, I'm thrilled that Steve will pivot to his new role, where he can focus on what he does best — bringing his talents as a gifted concert promoter to our newly realigned business.' Commented King: 'It's a privilege to take on this role at a time when the live entertainment landscape is evolving rapidly. AEG Presents has been my home for nearly 20 years now, and I've never been more excited about the opportunities ahead. I'm grateful to Adam and Jay Marciano [Chairman and CEO, AEG Presents] for their trust in me as we continue to build our business throughout the region with our extraordinary team, and I'm looking forward to working even more closely with Steve as we shape the future of our UK live event strategy.' From a formative start at Cream, where he produced the pioneering Creamfields festival, to launching celebrated events like RockNess and Bestival, King has long been at the forefront of live music innovation. Since joining AEG Presents in 2008, he has led the creation and production of flagship festivals including BST Hyde Park — featuring global superstars such as Adele, Elton John, Olivia Rodrigo, The Rolling Stones, Stevie Nicks, and Bruce Springsteen — and the eclectic All Points East, hosting acts like LCD Soundsystem, Mitski, Stormzy, and Chase & Status. King also oversees Rock en Seine in Paris and co-launched Bristol's Forwards Festival with Team Love in 2022. Most recently, 2025 saw the successful launch of LIDO in London's Victoria Park, further reinforcing his reputation for imaginative, sustainable, and community-driven programming. About AEG Presents Combining the power of the live event with a focus on true artist development, AEG Presents is a world leader in the music and entertainment industries. Operating across five continents, the company has an unparalleled commitment to artistry, creativity, and community. Its tentpole festivals and multi-day music events — which include the iconic Coachella Valley Music & Arts Festival and the legendary New Orleans Jazz & Heritage Festival alongside British Summer Time at Hyde Park, Stagecoach, Electric Forest, Rock en Seine and All Points East — continue to set the bar for the live music experience. AEG Presents promotes global tours for artists such as Justin Bieber, Zach Bryan, Sabrina Carpenter, Kenny Chesney, Luke Combs, Celine Dion, Elton John, Carin León, Paul McCartney, The Rolling Stones, Ed Sheeran, Taylor Swift, and Tyler, The Creator, in addition to — through its network of clubs, theatres, arenas, stadiums and renowned partner brands such as The Bowery Presents, Cárdenas Marketing Network, Concerts West, Frontier Touring, Goldenvoice, Marshall Arts, MCT Agentur, Messina Touring Group, PromoWest Productions, and Zero Mile Presents — creating and developing an unmatched infrastructure for artist development and audience reach. More information can be found at
The Star
21-07-2025
- Entertainment
- The Star
K-pop superstar G-Dragon declares Malaysia 'mantap (superb)' at his two-day sold-out concerts in Bukit Jalil
For G-Dragon fans at Bukit Jalil last weekend, the party started even before the concerts at Axiata Arena. Almost 50,000 loyal fans of the superstar singer flooded the area during the weekend, and it was party from the word go. In fact, fans were already at the stadium from as early as 1pm and many even came to the venue wearing fashion ware that G-Dragon is famous for. Fans were not disappointed as G-Dragon made a triumphant return to Kuala Lumpur with a two-day performance that bedazzled his fans and many were left chanting for more. There were more cheers as G-Dragon even tried to speak Malay with the fans and even said " Saya gembira jumpa korang (I'm delighted to meet you guys)" and then of course Malaysia " mantap (superb)". He also added that he is " Syok gila (immensely happy)" and " you all enjoy tak (everyone enjoying yourself right)". It was an F1 speed show with a lot of thrills and spills as fans were immensely enjoying themselves during the two-plus-hour show. In short, the show presented by Hong Leong, the 2025 World Tour [Übermensch] simply dazzled Malaysian fans with a visually stunning and incredibly powerful vocal performance that proved the K-pop icon's continued global influence. Promoted by AEG Presents, TME Live, Star Planet, and Top Top Production, the tour attracted fans from across Malaysia and neighbouring countries. Over 20,000 attendees packed the arena across the two days, thoroughly enjoying themselves. Among the songs that were performed at the shows were fan favourites "POWER, HOME SWEET HOME, BONAMANA, TAKE ME, DRAMA, GYRO-DROP" which had almost all the attendees singing along to his tunes. Fans even turned up with the singer's most popular items at his concert - the Day-G (GD official daisy-shaped light stick), waving it away for almost all his songs. On top of that, fans were also roaring in approval as even former Olympic and Malaysian badminton star Lee Chong Wei and his family were in attendance for the concert. During the concert, fans even went wilder when G-Dragon made a special announcement when he said his super group Big Bang is also getting back together next year. "You know what, guys, next year, is Big Bang's 20th anniversary celebration. And we will be back together," said G-Dragon as the fans were celebrating wildly at the venue. Like G-Dragon, the group Big Bang is also among the super icons in the K-pop industry and has many international super hits during their long music career. "It has been an incredible journey, thus far. And I hope it keeps getting better in the time to come. It is a very special year for Big Bang next year and it is going to be even a bigger party the coming year," said G-Dragon. Fans at the concert were just immensely happy with the concert experience. One fan, Ameera Filzah, said: "He's called the King of K-pop for a reason. The stage design was mind-blowing, with insane visuals, special effects that felt like something out of a dream. It wasn't just a concert; it was a journey through every chapter of his solo career. From the iconic hits to the deeper, emotional tracks. It was nostalgic, electric, and honestly, one of the most fun and unforgettable nights of my life.' Another fan, Sindhu Vijayan, said the whole concert was a special moment as many fans managed to witness his comeback live. "You could see how happy and full of energy he was. His stage presence had us all under a spell. You could feel how much he truly appreciates his fans. I still can't get over it," said Sindhu. I loved the visual and emotional journey he took us on. "He even opened up about his past struggles, and you could sense how deeply personal this return is for him, like he's finally reconnecting with his purpose and passion as an artist. It felt like he was free to be his most authentic self, and the fans are so ready to stand by him every step of the way. The entire show was stunning from start to finish — powerful, emotional, inspiring.' In short, G-Dragon had promised nothing but the best for his fans, but he also delivered a spectacular show that his immensely happy fans will not forget for a very long time. About G-Dragon G-Dragon is a global cultural icon. As a member of the popular K-pop male group Bigbang, he helped redefine the Asian music scene with his innovative music, bold fashion choices, and charismatic stage presence. Known for his genre-blending sound and experimental approach to music, G-Dragon has released several successful solo albums, earning critical acclaim and commercial success. His influence extends beyond music, with a lasting impact on fashion and culture, often regarded as a trendsetter in both South Korea and internationally.
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BusinessToday
21-07-2025
- Entertainment
- BusinessToday
G-DRAGON Lights Up Kuala Lumpur with [Übermensch] Spectacle
Evoto G-DRAGON made a triumphant return to Kuala Lumpur with a sold-out two-night stand at the Axiata Arena Bukit Jalil on July 19 and 20. Presented by Hong Leong Bank, the 2025 WORLD TOUR [Übermensch] dazzled Malaysian fans with a visually stunning and sonically powerful performance that confirmed the K-pop icon's continued global influence. Promoted by AEG Presents, TME Live, Star Planet, and Top Top Production, the tour attracted fans from across Malaysia and neighbouring countries. Over 20,000 attendees packed the arena across the two days, bearing witness to a visual and sonic performance. The atmosphere turned electric the moment the lights dimmed. G-DRAGON took the stage with 'POWER,' instantly energising the crowd and setting a high-octane tone that carried through the entire performance. With cinematic visuals, dynamic choreography, and intimate storytelling, he led the audience through a deeply immersive experience that was both personal and larger-than-life. His setlist was a powerful blend of past and present, featuring iconic anthems such as 'Crooked,' 'Crayon,' 'Heartbreaker,' and 'One of a Kind,' alongside brand-new tracks including 'TOO BAD' and 'DRAMA.' Together, these songs formed the core of Übermensch, a conceptually rich project exploring themes of self-transcendence, reinvention, and artistic liberation. Every element of the show was executed to perfection. From futuristic stage design and immersive lighting to jaw-dropping visual effects, the production was a multi-sensory spectacle. G-DRAGON's renowned fashion commanded attention throughout the night with multiple outfit changes, each reflecting his bold, ever-evolving style and perfectly complementing the mood and message of each segment. His ability to fuse high fashion with an unparalleled stage presence further cemented his reputation as a true global fashion icon. Fans were not just spectators—they were part of the show. Thousands waved their light sticks in perfect unison, their chants ringing out between songs. The emotional crescendo came during 'Untitled, 2014,' when the entire arena glowed with soft light. Fans sang along in unison, their voices trembling with emotion, with many visibly moved to tears. From start to finish, the Kuala Lumpur shows were nothing short of extraordinary. G-DRAGON's Kuala Lumpur shows offered more than entertainment—they were a celebration of connection, artistry, and identity. Related
Forbes
11-07-2025
- Entertainment
- Forbes
One Venue On Paul McCartney's New Tour Isn't Like The Rest
Sir Paul McCartney performs at The O2 Arena during his 'Got Back' world tour on December 18, 2024 in ... More London, England. (Photo by) When Paul McCartney brings his Got Back tour to North America this fall, he'll play stadiums, arenas and amphitheaters – with the exception of one night in Nashville, Tennessee. On Nov. 6, McCartney plays a one-night gig at The Pinnacle, a new concert hall in Music City operated by live entertainment giant and Got Back tour promoter AEG Presents. The room reaches capacity at 4,500 people, making it one of the most intimate venues booked on a McCartney tour in recent memory (not including pop-up shows or impromptu gigs). The Pinnacle opened in February 2025, since hosting multi-night shows with Jack White, Jason Isbell and Eric Church, among others. Still, bringing McCartney to Nashville is a 'defining moment' for the room, said Mike DuCharme, regional vice president at AEG Presents. NASHVILLE, TENNESSEE - MAY 24: Eric Church performs at The Pinnacle on May 24, 2025 in Nashville, ... More Tennessee. (Photo byfor ABA) "We built this venue to create unforgettable nights for both fans and artists — and there's no greater example than this," DuCharme said in a statement for Forbes. Allen Corbett, vice president of AEG Presents Carolinas, added, 'To be able to get Paul to agree to play The Pinnacle, a brand new state of the art venue, is a dream come true. It's going to be a very special intimate evening and I'm getting goosebumps just thinking about it.' McCartney kicks off his Got Back tour Sept. 29 in Palm Desert, California. Stops include Allegiant Stadium in Las Vegas, Coors Field in Denver, two nights at State Farm Arena in Atlanta and two nights at United Center in Chicago. Pre-sale tickets launch July 15 at 10 a.m. local time via Fans must register in advance of the on-sale time. McCartney previously played Nashville in 2014 and 2010. In 2013, he headlined Bonnaroo Music & Arts Festival in nearby Manchester, Tennessee. Despite only a handful of performances in the area, the famed songwriter's history with Nashville dates back five decades. In 1974, McCartney and his family retreated to a 133-acre farm in nearby Wilson County for six weeks, where he and Wings rehearsed in the garage. ]During the stay, McCartney wrote and recorded 'Junior's Farm,' a Wings single released later that year. According to Tennessean archives, his time in Nashville included visits with Johnny Cash and Chet Atkins, watching movies at the local drive-in cinema and crashing a performance from Dolly Parton and Porter Wagoner. (Original Caption) Lebanon, TENN:Paul McCartney and wife Linda, who have been living the life of ... More country gentlefolk on a farm near Nashville, offer a toast to other "down home folks" as they prepare to end their five-week stay. Mccartney spent most of his stay rehearsing with his band "Wings" and jamming with other local musicians. 7/18/1974 More information on the upcoming tour stop can be found at Paul McCartney Got Back 2025 Tour
