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    Martin Kjellberg

    Vice President and Equity Research Analyst at Morgan Stanley

    Martin Kjellberg is a Vice President and Equity Research Analyst at Morgan Stanley, specializing in the coverage of Nordic industrials, with a particular focus on forest products and paper companies. He covers specific companies including Stora Enso and SCA, offering insights and analysis within the sector. Kjellberg has been with Morgan Stanley since 2016, following previous experience at SEB and has built a reputation for in-depth coverage of his sector. He holds relevant industry certifications and professional credentials, including FINRA registrations for equity research.

    Martin Kjellberg's questions to Venu Holding (VENU) leadership

    Martin Kjellberg's questions to Venu Holding (VENU) leadership • Q3 2024

    Question

    Asked about the partnership strategy for new venues in Oklahoma and Texas, specifically whether AEG would continue as the exclusive partner or if new partners would be secured for each location.

    Answer

    The company plans to operate the new venues in Tulsa, McKinney, and El Paso as "open rooms," allowing both Live Nation and AEG to book shows, rather than having an exclusive partner like they do with AEG in Colorado. The actual operations will be managed either through a direct operating partner agreement or an ASM-style agreement.

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    Martin Kjellberg's questions to Venu Holding (VENU) leadership • Q3 2024

    Question

    Martin Kjellberg of Morgan Stanley asked for clarification on VENU's operating partner strategy, specifically whether AEG Presents would continue as the partner for the new venues in Oklahoma and Texas or if new partners would be secured for each location.

    Answer

    Founder, Chairman and CEO, JW Roth, explained that while the AEG partnership in Colorado has been very successful, the strategy for new markets will be different. For the upcoming Tulsa, McKinney, and El Paso venues, VENU plans to operate them as an "open room," allowing both Live Nation and AEG to book shows. This approach provides greater flexibility and maximizes booking potential in those specific markets.

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    Martin Kjellberg's questions to Venu Holding (VENU) leadership • Q3 2024

    Question

    Martin Kjellberg of Morgan Stanley inquired whether AEG would remain VENU's exclusive operating partner for the new venues under development in Oklahoma and Texas.

    Answer

    Founder, Chairman and CEO, JW Roth, praised the successful partnership with AEG in Colorado but clarified that the company has decided to operate the new venues in Tulsa, McKinney, and El Paso as "open rooms." This strategy will allow multiple promoters, including both Live Nation and AEG, to book events, with venue operations managed either through a direct partner agreement or an ASM-style management contract.

    Ask Fintool Equity Research AI

    Martin Kjellberg's questions to Venu Holding (VENU) leadership • Q3 2024

    Question

    Martin Kjellberg of Morgan Stanley inquired whether AEG would continue as the exclusive operating partner for new venues in Oklahoma and Texas, or if VENU would seek new partners for those markets.

    Answer

    Founder, Chairman and CEO JW Roth praised the partnership with AEG in Colorado but stated that for the new venues in Tulsa, McKinney, and El Paso, VENU has decided to operate them as 'open rooms.' This strategy allows both AEG and Live Nation to book events, with operations handled either through a partner agreement or an ASM-style agreement.

    Ask Fintool Equity Research AI