# Venu Holding Corp (VENU) — bankruptcy [announced]
Source: SEC API (secapi.ai) · situation sit_3bcc9d271a0966bc711f · retrieved 2026-08-12T08:21:40.701Z

## Overview
Venu Holding Corporation is developing three outdoor amphitheaters (Sunset Amphitheater Broken Arrow, Sunset Amphitheater McKinney, and Sunset Amphitheater El Paso) for ticketed entertainment attractions.

Venu Holding Corporation entered into a Ticketing Agreement with Ticketmaster L.L.C. effective July 21, 2026, making Ticketmaster the exclusive ticketing agent for the Company's three Sunset Amphitheaters in Broken Arrow, Oklahoma; McKinney, Texas; and El Paso, Texas. The initial term extends five years from the opening date of the last amphitheater to open, with automatic renewal for successive five-year periods unless either party provides 180–240 days' written notice of non-renewal. Ticketmaster will provide ticketing platform services, hosting, system support, and customization services, with a 99.5% monthly uptime service commitment. The Company retains rights to sell tickets at box offices, conduct group sales of 15+ people, and provide house seats to promoters and performers. Ticketmaster receives Inside Charges per ticket sold through its distribution channels (escalating annually), convenience charge splits above a per-ticket cap, payment processing fees, and Archtics transaction fees. The Company receives a one-time Hardware Credit of $450,000 and annual Sponsorship Allowances (amounts redacted) conditioned on Ticketmaster selling specified Qualifying Tickets thresholds each Contract Year, with shortfall reductions applied to subsequent-year allowances. The agreement includes provisions for ticket resale revenue sharing through Ticketmaster's TM+ platform, with the Company receiving a fixed percentage of Net Resale Revenue.

## Terms
- Counterparty: Ticketmaster L.L.C. · Consideration: mixed

## Key dates
- Announced 2026-08-07

## Timeline
- 2026-08-07 · 8-K (0001493152-26-036634): 8-K - Venu Holding Corp — *Venu Holding Corporation is developing three outdoor amphitheaters (Sunset Amphitheater Broken Arrow, Sunset Amphitheater McKinney, and Sunset Amphitheater El Paso) for ticketed entertainment attractions.* Venu Holding Corporation entered into a Ticketing Agreement with Ticketmaster L.L.C. effective July 21, 2026, making Ticketmaster the exclusive ticketing agent for the Company's three Sunset Amphitheaters in Broken Arrow, Oklahoma; McKinney, Texas; and El Paso, Texas. The initial term extends five years from the opening date of the last amphitheater to open, with automatic renewal for successive five-year periods unless either party provides 180–240 days' written notice of non-renewal. Ticketmaster will provide ticketing platform services, hosting, system support, and customization services, with a 99.5% monthly uptime service commitment. The Company retains rights to sell tickets at box offices, conduct group sales of 15+ people, and provide house seats to promoters and performers. Ticketmaster receives Inside Charges per ticket sold through its distribution channels (escalating annually), convenience charge splits above a per-ticket cap, payment processing fees, and Archtics transaction fees. The Company receives a one-time Hardware Credit of $450,000 and annual Sponsorship Allowances (amounts redacted) conditioned on Ticketmaster selling specified Qualifying Tickets thresholds each Contract Year, with shortfall reductions applied to subsequent-year allowances. The agreement includes provisions for ticket resale revenue sharing through Ticketmaster's TM+ platform, with the Company receiving a fixed percentage of Net Resale Revenue.
  https://www.sec.gov/Archives/edgar/data/1770501/0001493152-26-036634.txt

## Citations
- 0001493152-26-036634 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226036634