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Home»Economy & Business»Trump order to cease ‘exploitative ticket scalping’ clears means for $1B Dwell Nation new music venues funding
Economy & Business

Trump order to cease ‘exploitative ticket scalping’ clears means for $1B Dwell Nation new music venues funding

AdminBy AdminJune 10, 2025No Comments4 Mins Read
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Trump order to stop 'exploitative ticket scalping' clears way for $1B Live Nation new music venues investment
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FOX Enterprise’ Madison Alworth studies from Berwick, Pennsylvania, the place tech big Amazon is making a significant financial dedication to AI and information facilities.

EXCLUSIVE: Dwell Nation Leisure is investing $1 billion to construct new and revitalized dwell music venues in an effort to carry extra huge reveals to smaller cities throughout the nation, Fox Information Digital has realized.

The funding comes after President Donald Trump‘s March govt order concentrating on ticket scalpers and strengthening safety for artists and their followers.

Dwell Nation instructed Fox Information Digital that “each fan deserves entry to unforgettable dwell music — with out having to drive hours to a significant metropolis.”

TRUMP SIGNS EXECUTIVE ORDER TO PROTECT AMERICANS FROM ‘EXPLOITIVE TICKET SCALPING’ IN ENTERTAINMENT INDUSTRY

Dwell Nation instructed Fox Information Digital that “each fan deserves entry to unforgettable dwell music — with out having to drive hours to a significant metropolis.” (Picture Illustration by Pavlo Gonchar/SOPA Photos/LightRocket by way of Getty Photos / Getty Photos)

The corporate will develop with venues in “smaller, underserved” music markets.

Fox Information Digital has realized that the brand new venues can be in-built Allentown, Pennsylvania; Birmingham, Alabama; Denver; Indianapolis; Memphis, Tennessee; Milwaukee; Nashville, Tennessee; Orlando, Florida; Portland, Maine; Portland, Oregon; Pittsburgh; Raleigh, North Carolina; Richmond, Virginia; Riverside, Missouri; Seattle; Shakopee, Minnesota; and Virginia Seaside, Virginia. 

Fox Information Digital has realized that Dwell Nation has already damaged floor in Richmond, Virginia; Riverside, Missouri; Memphis, Tennessee; Pittsburgh and Allentown, Pennsylvania.  

FIRST LADY EMBARKS ON ‘NEW FRONTIER’ IN PUBLISHING WITH AUDIOBOOK MEMOIR

President Donald Trump, proper, with singer Child Rock by his facet, speaks to reporters and indicators an govt order about enforcement within the live performance and leisure business, within the Oval Workplace on the White Home on March 31, 2025 in Washington, D.C. (Jabin Botsford/The Washington Publish by way of Getty Photos)

The funding, based on Oxford Economics, is anticipated to spur $2.9 billion in whole financial impression, together with spending on engineering, growth and building.

As soon as the brand new venues start welcoming followers, Dwell Nation says it’s also anticipated to usher in $1.4 billion in annual financial impression for native communities.

“Our mission is straightforward: assist artists ship extra unforgettable dwell experiences — and in doing so, create jobs, revive cities, and carry up communities we contact,” Dwell Nation CEO Michael Rapino instructed Fox Information Digital.

“As an American firm, we drive impression right here at residence whereas additionally serving to elevate and export the perfect of what this nation represents: freedom, creativity, grit, and boundless chance,” Rapino added. 

Dwell Nation Leisure is investing $1 billion to construct new and revitalized dwell music venues in smaller cities throughout the nation.–>

Dwell Nation’s funding comes after Trump, in March, signed an govt order to guard Individuals from “exploitative ticket scalping” within the live performance and leisure business. The president signed the order within the Oval Workplace and was joined by Child Rock for the signing ceremony.

That govt order directed the Federal Commerce Fee to work with the legal professional basic to make sure that competitors legal guidelines are enforced within the business.

The order additionally enforced the Higher On-line Ticket Gross sales (BOTS) Act and promoted its enforcement by state and client safety authorities.

The order additionally ensured worth transparency in any respect levels of the ticket-purchasing course of, together with by way of the secondary ticketing market.

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President Donald Trump signed the order within the Oval Workplace in March and was joined by Child Rock for the signing ceremony. (Fox Information / Fox Information)

A White Home official, on the time, instructed Fox Information Digital that the president is “dedicated to creating arts and leisure that enrich Individuals’ lives as accessible as doable.”

The official mentioned that America’s dwell live performance and leisure business has a complete nationwide financial impression of $132.6 billion and helps 913,000 jobs.

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