Austin Voted Itself "The Live Music Capital of the World" in 1991. A Single Company Has Since Invested More in the City Than That.
Austin's City Council declared it "the Live Music Capital of the World" in 1991, and the title is real -- the industry generates roughly $1.8 billion a year. Twenty miles northeast, Samsung has invested $18 billion into its Austin-area operations since 1996, with more than $37 billion now planned.
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