Active Discussions Now Underway with 38 Municipalities
247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and corporate information, reports that VENU, a trailblazer in premium hospitality and live entertainment, is now in active discussions with 38 municipalities across the United States regarding the potential development of VENU entertainment campuses, a sharp outperformance relative to original stated targets.
When VENU’s relationship with Ryan, LLC was first announced, the shared objective was to secure two new development agreements per quarter, a pace the Company believed would reflect healthy and sustainable growth. However, according to VENU’s Founder, Chairman & CEO, J.W. Roth, “Our municipal pipeline now includes 38 communities engaged in conversations about bringing VENU to their area. To accelerate these agreements, we have a strong partnership with industry leader, Ryan. This three-year partnership is tasked with delivering two new municipalities every quarter and, on average, we can expect to add between $150 to $300 million to our balance sheet, with each delivered development agreement.”
This is a strong indicator that the market is not only receptive but hungry for what VENU is building. VENU’s state-of-the-art hubs for live entertainment are designed to be economic engines, driving tourism, job creation, and cultural impact. The level of inbound interest VENU is receiving is proof that communities are recognizing the value we can deliver.
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Roth emphasized that not all of the 38 municipal discussions will necessarily lead to finalized agreements, but he framed the engagement level as a powerful signal of the Company’s momentum.
Initially tasked with securing two new public-private partnership agreements per quarter, the Ryan relationship, announced in April 2025, has far exceeded this goal. Ryan, which focuses on navigating public-private partnership structures and tax incentive strategies, has significantly outperformed expectations and has been a catalyst for accelerating VENU’s municipal outreach and development pipeline.
Ryan’s expertise in structuring public-private partnerships and securing economic incentives has opened doors to an unprecedented number of communities eager to bring VENU’s vision to life.
The Company projects that each finalized development agreement could add between $150 to $300 million to its balance sheet, further strengthening its financial position.
Roth concluded, “The future that we’ve been building toward is right in front of us and it’s coming fast. We are on pace to add more than $5 billion in completed project value in the next 36 to 48 months and, if Q2 is any sign, we’ve laid the foundation for things to come.”
VENU plans to provide further updates as discussions progress and definitive agreements are reached.
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