Vegas Showbeat

iHeartRadio Music Festival Returns to Las Vegas

iHeartRadio Music Festival Returns to Las Vegas

Key Questions

Who is making the $18 billion takeover bid for MGM Resorts?

Barry Diller's People Inc. is preparing the offer, as confirmed by a recent video report. The deal would represent a major media-entertainment crossover if completed.

What impact would the takeover have on Las Vegas?

The acquisition would further reshape the Las Vegas Strip by affecting casino operations and entertainment bookings. It is one of two recent multibillion-dollar gaming deals impacting 17 Strip properties.

Is the MGM Resorts takeover deal finalized?

No, the deal is not yet finalized and remains in development. It signals potential major changes but requires additional confirmation and approvals.

The iHeartRadio Music Festival is set for Sept. 18-19 at T-Mobile Arena with BTS, Cardi B, Muse, Snoop Dogg and country performers. Streaming availability will extend the event beyond the arena audience, making it a major near-term concert draw.

Sources (2)
Updated Sep 11, 2026
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