Venu Holding Signs LOI With City Of Webster In Houston Area To Bring New 12,500-Capacity, Multi-Seasonal, Amphitheater To Southeast Texas

Anchoring Webster's Flyway Entertainment and Tourism Destination, the 12,500-seat venue aims to become a premier year-round live entertainment hub.

Venu Holding Corporation("VENU" or the "Company") (NYSE:VENU), owner, operator, and builder of upscale live music venues and premium hospitality destinations, today revealed it has signed a Letter of Intent ("LOI") with the City of Webster in the greater Houston Texas area to bring a new 12,500-capacity, multi-seasonal, amphitheater to Southeast Texas. The project, Sunset Amphitheater Houston at Webster powered by EIGHT Elite Light Beer ("Sunset Amphitheater Houston"), is being brought to life through a public-private partnership among VENU, the City of Webster, and the Webster Economic Development Corporation.