Welcome to the future of live entertainment in Austin, Texas! The year is 2025, and the Moody Center, which opened its doors in early 2022, has already become a beacon of world-class entertainment in the heart of the Live Music Capital of the World. From hosting the biggest names in music to housing the most exciting sporting events, the Moody Center has transformed the event scene in Austin, thanks to the collaborative efforts of The University of Texas at Austin, Texas Athletics, Oak View Group, Live Nation, C3 Presents, and Matthew McConaughey.
The Moody Center: A New Era of Entertainment
Introduction and Background
The $338 million, 15,000-seat world-class arena replaced the 42-year-old Frank C. Erwin Jr. Center at The University of Texas at Austin campus. Serving as a hub for community events, university functions, and high school celebrations, the Moody Center also hosts Texas men’s and women’s basketball games, and graduations. The venue is designed for music and annually hosts the most renowned names in the music industry, providing a world-class venue for top touring concerts and shows.
Partnerships and Vision
Tim Leiweke, CEO of Oak View Group, expressed his excitement about the partnership with University of Texas, Live Nation, and Matthew McConaughey, describing it as a “new standard on a private-public partnership.” Live Nation Entertainment, the world’s leading live entertainment , works with C3 Presents to bring top tours and premium live events to the Moody Center.
Local Involvement and Future
Matthew McConaughey, University of Texas at Austin professor, Distinguished Alumnus (BS ’93), and Academy -on-bet” target=”_blank”>-winning actor, plays a pivotal role as the Minister of Culture of the Moody Center. His vision is to create a symbiotic relationship between the arena, the , and the university, making the Moody Center the first choice for the world’s biggest bands and the last choice for visiting basketball teams.
Impact on Community and Industry
Financed privately without any university or public funding, the construction of the Moody Center has created thousands of permanent and temporary jobs for the community. Moreover, as the arena is built on land fully owned by the university, the new arena comes at no risk to the of Austin or taxpayers. The opening of the Moody Center signifies Oak View Group’s growth in the arena development industry, with multiple new venues in the past few years.
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