Venu (company)

Last updated

Venu Holding Corporation ("Venu") is a publicly-traded American entertainment and hospitality company based in Colorado Springs, Colorado. Founded by JW Roth in 2017 as Notes Live, Venu designs, develops, manages and owns music venues and event spaces including amphitheaters, restaurants, and concert halls in midsize cities.

Contents

Venu
FormerlyNotes Live
Company type Public
AMEX:  VENU
IndustryEntertainment
Hospitality
Founded2017
FounderJW Roth
HeadquartersColorado Springs, CO
Brands
  • Ford Amphitheater
  • Sunset Amphitheater
  • Phil Long Music Hall
  • Bourbon Brothers Smokehouse and Tavern
  • The Hall at Bourbon Brothers
Website venu.live

History

Founding, The Hall at Bourbon Brothers

Venu was founded by JW Roth. A lifelong music fan, he stepped down from his position as CEO of Roth Industries, a prepared foods company he founded, to focus on music. He founded Venu -- then known as Notes Live - in 2017. [1]

In 2019, Venu opened the restaurant Bourbon Brothers Smokehouse & Tavern, and the Hall at Bourbon Brothers, a 14,000-square-foot live music and event space renamed Phil Long Music Hall in 2025. [2]

Sunset amphitheaters

In 2022, Venu began developing The Sunset Amphitheater in Colorado Springs. [3] The blueprint for a series of open-air amphitheaters in growing cities that each use the name "Sunset" as a placeholder, [4] the venues include privately-owned firepit suites and access to amenities including rooftop bars. Axios reported that the firepit suites in Colorado Springs sold out two years before the venue opened. [5] Billboard included the Sunset in Colorado Springs on its list of venues to watch in 2022. [6]

In March 2024, Venu announced the development of a $300 million, 46-acre, 20,000-capacity Sunset Amphitheater in McKinney, Texas, a suburb of Dallas–Fort Worth. [7] A public-private partnership, it was expected to create 1300 direct and indirect jobs in the community. [8] The summer 2026 opening of the $90 million Sunset in Broken Arrow, Oklahoma, a suburb of Tulsa, was reported in July 2025. [9] [10]

In June 2024 Ford bought the naming right for the Colorado Springs Sunset. Renamed the Ford Amphitheater, [11] the $90 million venue opened in August 2024 with three sold-out OneRepublic shows. [12] .More than 20 touring artists played the Ford in 2024, including The Beach Boys, Primus, and Robert Plant and Alison Krauss. [13] The second season began on April 30, 2025, with Jason Isbell and the 400 Unit. [14] The Ford was nominated for the Pollstar Venue of the Year Award in 2024. [15]

.In addition to the Phil Long Concert Hall in Colorado Springs, Venu owns the Hall at Bourbon Brothers in Gainesville, Georgia,a venue that hosts both live music and community events. [16] A Bourbon Brothers concert hall in Centennial, Colorado, approximately 15 miles from Colorado Springs, was announced in April 2025. [17]

Aikman Clubs and partnerships, IPO

Roth and football player Troy Aikman first discussed a partnership after Aikman's Eight Elite Light Beer was launched in 2022. In late 2024 it was announced that Venu and Aikman, a music fan, had partnered to develop the Aikman Club at the Sunset Amphitheaters in Texas and Oklahoma. The clubs were introduced with an ad that aired during Monday Night Football in November. [18] [19] In June 2025, Venu entered into an event-related partnership with Billboard, a hospitality parthership with Aramark Sports + Entertainment [20] and a 4-venue ticketing partnership with the e-commerce platform Tixr. [21] A booking partnership with AEG at the Ford has been in place since 2023. [22]

Venu went public in November 2024. Listed on the New York Stock Exchange as VENU, [23] $13 million was raised on the first day of trading. It was the first IPO for a Colorado Springs company. [24] Roth rang the NYSE opening bell in January 2025. [25]

References

  1. Brown, Eric Renner (June 23, 2025). "VENU Founder JW Roth On Building the Future of Premium Concerts: 'I Have to Be Hands-On On Crazy Concepts'". Billboard. Retrieved November 4, 2025.
  2. Andrews, Aspen (November 21, 2024). "Popular Colorado Springs music venue Boot Barn Hall rebranded". KKTV.com. Retrieved November 29, 2025.
  3. "Colorado Springs gives $40 million Sunset Amphitheater the go-ahead". The Denver Post. January 19, 2023. Retrieved November 4, 2025.
  4. Boyce, Dan (February 12, 2025). "New concert venues could make mid-size cities live music hotspots". Marketplace. Retrieved March 17, 2025.
  5. Frank, John (January 31, 2024). "The luxury Sunset Amphitheater in Colorado Springs set an Aug. 9 debut. Here's who will perform". Axios. Retrieved November 4, 2025.
  6. Brooks, Dave (September 19, 2022). "29 New and Renovated Venues to Watch in 2022". Billboard. Archived from the original on March 21, 2023. Retrieved November 4, 2025.
  7. Kersh, Lily (June 2, 2025). "What to know about the $300M, 20,000-seat amphitheater under construction in McKinney". Dallas Morning News. Retrieved November 4, 2025.
  8. Diep, Eric (October 16, 2025). "UPDATED: See Renderings of McKinney's Sunset Amphitheater Set for 2026". Dallas Observer. Retrieved November 4, 2025.
  9. Dobberstein, John (July 24, 2025). "Venu moves back Sunset Amphitheater opening to summer '26". Broken Arrow Sentinel. Retrieved November 7, 2025.
  10. Powell, Adam. "El Paso City Council expands Sunset Amphitheater footprint, boosting event capacity". El Paso Times. Retrieved April 3, 2025.
  11. "Sunset Amphitheater is now Ford Amphitheater, thanks to multimillion-dollar naming deal". The Denver Post. June 4, 2024. Retrieved March 25, 2025.
  12. Henderson, Lisa (August 15, 2024). "Colorado gains 8,000-capacity amphitheatre". IQ Magazine. Retrieved November 7, 2025.
  13. Frank, John (January 31, 2024). "The luxury Sunset Amphitheater in Colorado Springs set an Aug. 9 debut. Here's who will perform". Axios. Retrieved March 25, 2025.
  14. "Colorado Springs' Ford Amphitheater 2025 concert lineup (so far)". Colorado Public Radio. March 10, 2025. Retrieved November 7, 2025.
  15. Borba, Ryan (May 16, 2025). "'Is It World Class?' (And Maybe A Little Crazy): VENU's JW Roth Looks To Reinvent The Amphitheater Model With $1.3B (And Counting) - Pollstar News" . Retrieved November 7, 2025.
  16. Keene, Pamela A. "New venue now open in downtown Gainesville | Lakeside News - Lake Lanier, GA" . Retrieved April 1, 2025.
  17. "Owner of controversial Ford Amphitheater opening "over the top" venue in Centennial". The Denver Post. April 11, 2025. Retrieved November 7, 2025.
  18. "Venu Amphitheaters To Debut Troy Aikman Clubs - Pollstar News". news.pollstar.com. December 5, 2024. Retrieved April 3, 2025.
  19. Tsiaperas, Naheed; Rajwani-Dharsi, Tasha (December 6, 2024). "Pic du jour: When Troy Aikman was just a baby". Axios. Retrieved April 3, 2025.
  20. Pearl, Wendy (June 10, 2025). "VENU Announces New Aramark Hospitality Partnership And Preferred Stock Offering - Pollstar News" . Retrieved November 7, 2025.
  21. Lind, J. R. (September 4, 2025). "VENU, Tixr Ink 4 Venue Deal - Pollstar News" . Retrieved September 23, 2025.
  22. Wenzel, John (June 29, 2023). "Colorado Springs' $55 million Sunset amphitheater campus inks AEG deal, sets official groundbreaking". The Denver Post. Retrieved September 23, 2025.
  23. "Venu Wants to Elevate Music Concerts". Bloomberg. January 24, 2024. Retrieved April 3, 2025.
  24. Rogers, Andrew (January 22, 2025). "VENU rings opening bell on Wall Street". Colorado Springs Independent. Retrieved November 29, 2025.
  25. "Disrupting The Music Industry: Venu Holding Corporation Rings NYSE Bell". Cheddar. January 21, 2025. Retrieved April 3, 2025.