Live Nation Entertainment Backs Albany Area Performing Arts Venues
What happened
Live Nation Entertainment is supporting performing arts venues in the Albany region. Separately, a report noted that RPI Field House, which sits on the Rensselaer Polytechnic Institute campus, has not hosted a major concert in over a decade, citing competition as a reason for the decline in music events.
From q1057.com
Why it matters
The investment by Live Nation Entertainment could increase competition and investment in the regional entertainment market. This increased activity might impact the revenue and usage of venues like RPI Field House.
From q1057.com
Who's involved
- Live Nation EntertainmentAmerican entertainment company backing performing arts venues
- Rensselaer Polytechnic InstitutePrivate research university whose campus hosts RPI Field House
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Rensselaer Polytechnic InstituteSpeculative
Rensselaer Polytechnic Institute might face a loss of concert revenue or usage at RPI Field House due to competition.
- RensselaerSpeculative
Rensselaer might see institutional revenue impacted by loss of venue usage at RPI Field House.
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The entities involved
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Live Nation Entertainment
American entertainment company
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Albany
capital city of the State of New York, United States, and seat of Albany County
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Rensselaer Polytechnic Institute
private research university in Troy, New York