<\/p>\n
PORTLAND (WGME) \u2013 Entertainment venues with a capacity of 2,000 or more people are now required to contribute a portion of ticket sales to Portland\u2019s local arts trust fund.<\/p>\n
The city council approved the change unanimously Monday night.<\/p>\n
It applies to venues not operated by the city.<\/p>\n
Between 1 and 2 percent of base ticket prices will go to an entertainment center trust fund.<\/p>\n
That money will be used to support entertainers and entertainment businesses.<\/p>\n
The change comes after Live Nation proposed a 3,300-seat downtown concert venue.<\/p>\n
It sparked outcry from some, claiming it will hurt other venues.<\/p>\n
A co-developer spoke Monday night and wants leaders to look at the big picture.<\/p>\n
\u201cOxford Economics, one of the most reputable economics firms in the world, has said that Portland Music Hall will bring $44 million a year in positive economic impact to this city. This city needs that,\u201d Live Nation project co-developer Todd Goldenfarb said.<\/p>\n
He went on to say Live Nation had already proposed a community benefit as part of the project.<\/p>\n
Some point out the new rule will hurt other existing large venues like the Cross Insurance Arena and Thompson’s Point.<\/p>\n
Cross Insurance Arena in Portland. (WGME)<\/p>\n<\/div>\n<\/div>\n
Other sites, like the State Theater and Merrill Auditorium, won’t be affected because they have a capacity under 2,000.<\/p>\n
There is also a moratorium in place in Portland right now.<\/p>\n
It prevents new entertainment venues with over 2,000 seats from being built.<\/p>\n
The six-month moratorium started in August amid the Live Nation backlash.<\/p>\n
Developers say Live Nation’s proposal to build the Portland Music Hall on Cumberland Avenue, across from Merrill Auditorium, is still set to go before the planning board for approval.<\/p>\n<\/div>\n<\/div>\n
\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source wgme.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" PORTLAND (WGME) \u2013 Entertainment venues with a capacity of 2,000 or more people are now required to contribute a portion of ticket sales to Portland\u2019s local arts trust fund. The city council approved the change unanimously Monday night. It applies to venues not operated by the city. Between 1 and 2 percent of base ticket […]<\/p>\n","protected":false},"author":2,"featured_media":2225069,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2225068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/01\/Large-entertainment-venues-in-Portland-will-now-contribute-to-local.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2225068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2225068"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2225068\/revisions"}],"predecessor-version":[{"id":2225070,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2225068\/revisions\/2225070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2225069"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2225068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2225068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2225068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}