{"id":4594,"date":"2025-08-20T00:12:52","date_gmt":"2025-08-20T00:12:52","guid":{"rendered":"https:\/\/musictechohio.online\/site\/live-nation-ceo-talks-new-salt-lake-city-venue\/"},"modified":"2025-08-20T00:12:52","modified_gmt":"2025-08-20T00:12:52","slug":"live-nation-ceo-talks-new-salt-lake-city-venue","status":"publish","type":"post","link":"https:\/\/musictechohio.online\/site\/live-nation-ceo-talks-new-salt-lake-city-venue\/","title":{"rendered":"Live Nation CEO Talks New 6,000-Seat Salt Lake City Venue During Presser: \u2018A Rare Opportunity\u2019"},"content":{"rendered":"
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\n\t\u201cSix thousand seats is the sweet spot for Live Nation right now,\u201d company CEO Michael Rapino<\/strong> said during a press conference in Salt Lake City on Tuesday (Aug. 19) to unveil one of the company\u2019s newest venues, a 6,000-seat concert hall being constructed in partnership with Smith Entertainment Group.<\/p>\n

\n\tLive Nation is currently on a building spree<\/a>, developing more than a dozen mid-sized venues across the country as it looks to create new opportunities for artists like Bailey Zimmerman and Goose to connect with fans. Many of the venues, like the downtown Salt Lake City concert hall detailed during the press conference, will anchor mixed-use developments and host an average of 200 events annually, including an estimated 100 concerts, Rapino explained.<\/p>\n

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\t\t\t\t\tMidsize Matters: Why Live Nation & AEG Are Building More 2,000 to 7,000-Capacity Venues in the\u00a0U.S.\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThe new venue is part of a larger effort to expand Live Nation\u2019s presence in sports districts across North America including MGM Music Hall at Boston\u2019s Fenway Park, Citizens at The Wylie in Pittsburgh, a new concert venue in downtown Indianapolis being built with Boxcar Development and the new Centennial Yards project in downtown Atlanta near Mercedes Benz Stadium, home of the Atlanta Falcons.<\/p>\n

\n\tThe Salt Lake City project is meant to capitalize on the traffic from both the Utah Jazz and Salt Lake\u2019s new National Hockey League franchise, the Utah Mammoth. The Mammoth are set to open their second season in October and draw 1 million people downtown, where the new venue will sit at the heart of the city\u2019s planned Sports, Entertainment, Culture and Convention Center District.\u202f\u00a0<\/p>\n

\n\tThe two companies didn\u2019t specify how much the venue would cost to build or how long it would take, although Ryan Smith<\/strong>, chairman\/CEO of Smith Entertainment Group \u2014 which manages the Delta Center, the 20,000-capacity home to the Jazz \u2014 did note that the two companies were sharing the project\u2019s costs via what he described as a joint venture.<\/p>\n

\n\tRapino said Live Nation wouldn\u2019t likely have built a venue in Salt Lake City without a partner like Smith Entertainment Group, noting, \u201cWe would fly over Salt Lake. It wouldn\u2019t be a market we would play, so this can open a great opportunity and we\u2019re thrilled to be part of it.\u201d<\/p>\n

\n\t\u201cWhen you\u2019re building 6,000 [capacity venues], it\u2019s a little riskier,\u201d Rapino says. \u201cIf you\u2019re in a suburb or the middle of nowhere \u2014 because you\u2019re debating what part of the city will drive to that show \u2014 it makes it a little harder. That\u2019s where we end up maybe doing 3,000 or 4,000 [capacity], but when you can be in the center of a downtown where you know the nucleus will be, it just opens up rare real estate. So other than Fenway \u2014 and probably we\u2019ve got 40 of these on the on the docket that we are exploring \u2014 they\u2019re all more mixed use outside of the downtown. So this is a rare opportunity.\u201d<\/p>\n<\/div>\n<\/div>\n

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\u201cSix thousand seats is the sweet spot for Live Nation right now,\u201d company CEO Michael Rapino said during a press conference in Salt Lake City on Tuesday (Aug. 19) to…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[387,451,3387,450,3388,452],"tags":[],"class_list":["post-4594","post","type-post","status-publish","format-standard","hentry","category-business","category-live-nation","category-michael-rapino","category-touring","category-utah","category-venues"],"_links":{"self":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/4594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/comments?post=4594"}],"version-history":[{"count":0,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/4594\/revisions"}],"wp:attachment":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/media?parent=4594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/categories?post=4594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/tags?post=4594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}