Venu signs 5-yr operator agreement with Live Nation for Sunset McKinney amphitheater; capacity 20,000

Venu Holding Corp

Five-year term with four five-year renewal options; venue delivery expected by March 15, 2027.
Live Nation exclusive booking agent; right of first offer to purchase the premises.
Revenue sharing: per-ticket rent (undisclosed) increasing annually; profit share with threshold.
Annual ticket target with shortfall fee; Venu retains sponsorship/naming rights subject to Live Nation approval.
Fire Pit Suites revenue excluded from share; conditions precedent include parking, noise, and ticket tax agreements.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Venu Holding Corp entered into Operator Agreement with Live Nation Worldwide, Inc. valued at Revenue-sharing arrangement with per-ticket rent and management fees; booking commission; concession (effective 2025-12-10).

Action: entry
Counterparty: Live Nation Worldwide, Inc.
Value: Revenue-sharing arrangement with per-ticket rent and management fees; booking commission; concession
Effective: 2025-12-10

Exact text from the filing

On December 10, 2025, Venu Holding Corporation (the “ Company ”) entered into an Operator Agreement (the “ Agreement ”) with Live Nation Worldwide, Inc. (“ Live Nation ”; together with the Company, the “ Parties ”) in connection with the amphitheater being developed by the Company in McKinney, Texas (“ The Sunset McKinney ”). Under the Agreement, the Company agreed to lease the premises on which The Sunset Amphitheater is being developed (the “ Premises ”) to Live Nation, acting as the tenant.

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Source: SEC EDGAR

accession 0001493152-25-027359

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