In the weeks since Live Nation Entertainment and Crosstown Concourse announced plans to collaborate on a new concert venue at the massive Midtown development, Memphians have reacted with cheers, consternation and more than a little confusion.

Some Memphians have applauded the news, hoping that such a venue — backed by Live Nation’s might in the music industry— would be a boon to the local concert scene. Others were appalled, based on Live Nation’s reputation and the fact that it is currently being sued by the U.S. government and at least 30 states over its alleged monopoly practices.

And many others aren’t quite sure what to think, torn between the chance to enhance the local music scene and worry over what ripples the planned 1,300-capacity venue might create for local artists, promoters and other venues, with many specifically citing Midtown’s Minglewood Hall.