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Live Nation, Municipal Auditorium Enter Three-Year Deal

August 2, 2016/by Craig_Shelburne

LIVE NATION ENTERTAINMENT LOGOLive Nation and Municipal Auditorium have partnered to bring more concerts to the downtown Nashville venue, MusicRow has confirmed.

The three-year deal entails a significant investment in the property, which opened in 1962. Live Nation has agreed to pay $1 million to the venue’s operating fund. Metro government will supply $1.5 million in upgrades to the venue as soon as possible, according to a spokesperson for Municipal Auditorium. According to The Tennessean, the Metro Council has approved upgrades for improved dressing rooms and restrooms, new paint, and high-speed internet, among other items.

The agreement indicates that if Live Nation’s net profit exceeds $2 million, the revenue will be divided evenly between the two entities. Live Nation and Metro Nashville also operate Ascend Amphitheater in downtown Nashville.

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Craig_Shelburne
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https://music-row-website-assets.s3.amazonaws.com/wp-content/uploads/2016/05/10165527/Live-Nation-Logo.jpg 380 570 Craig_Shelburne https://musicrow.com/wp-content/uploads/2019/03/MusicRow-header-logo-Mar19B.png Craig_Shelburne2016-08-02 17:20:582016-08-02 17:20:58Live Nation, Municipal Auditorium Enter Three-Year Deal
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