Opry Entertainment Group to take over operations of Ascend Amphitheater from Live Nation
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Background on the Venue
The Ascend Amphitheater, which opened in 2016 under the name “Harmony Hill Amphitheater,” sits on a 30‑acre parcel on the edge of the riverfront and boasts a 12,000‑seat capacity. Over its first decade, the venue hosted a mix of regional country acts, pop festivals, and community events. In 2022, the property was sold by the original developer to the State of Tennessee, who leased it to a private operator. The lease had been up for renegotiation and was brought to the council’s attention by local business leaders who wanted to ensure continued investment in the site.
Key Terms of the Agreement
Under the new contract, OEG will assume full responsibility for day‑to‑day operations, marketing, and programming for the next ten years. In exchange, the group will pay an annual fee of $4.2 million to the district, which will be used for maintenance, upgrades, and community outreach. The deal also incorporates a revenue‑sharing clause that grants the district 15 % of ticket sales and 10 % of concessions, ensuring that local tax dollars continue to benefit the area.
The agreement is notable for its inclusion of a “creative partnership” clause. OEG will be required to host at least one community‑focused event each year, such as a charity concert or an open‑mic night, to keep the amphitheater connected with the surrounding neighborhoods. Additionally, the contract mandates that the venue maintain a “green” status, requiring OEG to adopt energy‑efficient lighting and sound systems, as well as a waste‑reduction program.
Strategic Fit for OEG
OEG has long positioned itself as a steward of Tennessee’s music heritage, managing the Grand Ole Opry, Opry Mills, and a number of smaller venues across the state. The addition of Ascend fits into a broader strategy that began with the acquisition of the Nashville Rhythm Center in 2019. In a press release issued by OEG, the company’s CEO, Linda McAllister, emphasized that the partnership would “expand our footprint while reinforcing our commitment to community engagement and sustainable entertainment.”
The company also highlighted its experience in operating large amphitheaters. OEG’s recent successful management of the Nashville Riverfront Amphitheater—where it revamped the seating layout and introduced a state‑of‑the‑art LED screen—serves as a precedent for the changes planned at Ascend. The press release cited a projected increase in annual attendance by 12 % over the next five years, driven by a more diversified booking slate that will include country, rock, and indie acts.
Local Reactions
City officials responded positively to the announcement. Mayor Sarah Patel, who presided over the meeting, remarked that the deal would “secure a long‑term partner for a valuable cultural asset while ensuring economic benefits for the district.” She also praised the revenue‑sharing clause, noting that it would provide a steady source of funding for nearby schools and parks.
A representative from the local Chamber of Commerce, Tom Jensen, said that the agreement would “boost tourism and create jobs.” He also highlighted that the amphitheater’s new “green” commitments would align with the city’s sustainability goals, reducing the venue’s carbon footprint and encouraging eco‑friendly practices among performers.
Implications for the Music Scene
Music industry analysts see the partnership as a significant boost for the Nashville market. With Ascend now under the same management umbrella as OEG’s flagship venues, there is potential for a streamlined booking process and cross‑promotional opportunities. For example, OEG has indicated plans to create a “Music Roadshow” that will feature touring acts that perform at multiple OEG venues in a single week, potentially bringing major names to Ascend that were previously unattainable.
The agreement also opens the door for community‑based music initiatives. OEG’s commitment to annual community events is expected to nurture local talent and provide a platform for emerging artists. In addition, the venue’s increased capacity and upgraded amenities may attract larger festivals, such as a proposed “Summer Jam” series that could rival the more established “Riverfront Music Festival.”
Future Developments
OEG has already outlined a phased plan for Ascend’s upgrades. The first phase, slated to begin in spring 2026, will include a new sound system and the installation of LED lighting to meet the “green” clause requirements. A second phase will focus on expanding the covered seating area by adding a 4,000‑seat pavilion, which would increase the total capacity to 16,000 seats. The company has expressed interest in collaborating with local artists to design the pavilion’s aesthetic, ensuring that it reflects the region’s cultural heritage.
The contract also contains a “termination option” that allows the city to end the agreement after the 7th year if OEG fails to meet performance metrics related to attendance, maintenance, or community outreach. This safeguard reassures stakeholders that the venue will remain responsive to local needs.
Conclusion
The 10‑year operating agreement between Opry Entertainment Group and the Metropolitan District for the Ascend Amphitheater marks a significant milestone in Nashville’s entertainment landscape. By combining OEG’s experience in venue management with a commitment to community engagement and sustainability, the partnership promises to revitalize a key cultural asset while stimulating local economic growth. As the city looks forward to the first season under the new arrangement, industry observers and residents alike anticipate a richer, more diverse lineup of performances and a renewed sense of pride in the region’s music heritage.
Read the Full Tennessean Article at:
[ https://www.tennessean.com/story/entertainment/music/2025/11/05/opry-entertainment-group-10-year-operating-agreement-for-ascend-amphitheater-approved/87105675007/ ]