VENU’s McKinney Sunset Amp Set to Generate $3.8 Billion for Local Economy and Other Headlines

June 20, 2025

DENVER, Colo., Jun 20, 2025 (247marketnews.com)- Venu Holding Corporation (NYSE:VENU) celebrated the groundbreaking of its highly anticipated Sunset Amphitheater, in McKinney, Texas, on June 13, 2025.

The $350 million project is “expected to contribute $3.8 billion to the local economy over the next 10 years,” according to D Magazine.

The venue’s input to the local economies has attracted other municipalities, so when the Schwab Network asked VENU’s Founder and CEO about future site selection, J.W. Roth responded, “Communities are looking for tides that rise all the boats, right? So, Venu’s been able to really fill that space… every time we walk into a new community, now, they already know who we are. they know what we’ve done.

“A lot of these communities are vying for our attention and it’s a good place for us to be.”

Please click here to view the interview.

George Fuller, Mayor of McKinney, stated, in a press release, “This world-class music venue is a game-changer for our entertainment offerings in McKinney and will be a boon for our economic growth and tourism sector. With a state-of-the-art venue of this size, we can draw some of the largest musical acts to the city and attract fans from across Texas and the surrounding states.”

Key features include:

  • 295 Fire Pit Suites, offering VIP parking, food and beverage service, and premium sightlines. Over 250 suites have already been sold, with prices ranging from $298 thousand to $1 million per suite.
  • The Aikman Club, an ultra-premium members-only space named after VENU partner and NFL Hall of Famer Troy Aikman, includes fine dining, concierge services, and VIP seating. Memberships are selling for $150,000. Approximately 25% are reserved for individuals, with the rest available per show.
  • Sponsorship from EIGHT Elite Light Beer, a brand co-founded by Aikman, reinforces the venue’s strong Texas ties and premium identity.

Today’s Other Headlines Include:

Moving iMage Technologies (NYSE:MITQ) signed a $9 million, three-year deal with a national cinema chain to install 150 Barco laser projectors and MiT-branded automation systems. Installations begin fall 2025, with revenue recognized evenly through FY28.

Innovative Eyewear (NASDAQ:LUCY) is partnering with Smartech Retail Group to feature its Reebok smart eyewear at Smartech’s new Times Square store, launching July 22. Other spotlighted brands include Sonos and Segway.

Firefly Neuroscience (NASDAQ:AIFF) developed a method using EEG and vMRI to classify Alzheimer’s-related cognitive decline with up to 87% accuracy. The breakthrough enables scalable early detection of SCD, MCI, and dementia.

Jeffs’ Brands (NASDAQ:JFBR) and Impact Acquisitions received TSXV approval for Impact’s acquisition of Fort Products. The deal, valued up to $15M, includes up to 166M Impact shares and positions Fort as a Tier 2 tech issuer. Completion will give Jeffs’ Brands up to 83.3% ownership in the merged entity.

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