Live Nation Entertainment will open or break ground on 18 new music venues in the United States over the next 18 months. The expansion, announced Tuesday, aims to bring music to smaller markets that may not have a venue nearby. This includes a mix of intimate clubs, theaters, and large-scale outdoor amphitheaters in cities around the nation.

(Reuters) -Live Nation Entertainment said on Tuesday it will invest $1 billion to build 18 new live music venues across the U.S. as the concert promoter sees strong demand for musical performances from fan-favorite artists.

Live Nation says it will invest $1 billion to build 18 new concert venues across the U.S., including in some smaller American cities.