Rock & Roll Hall of Fame tight-lipped over 2023 induction ceremony

• However, Rock Hall CEO Greg Harris told the media a specific date and location for the annual ceremony won't be revealed until May.

Why it matters: For years, the museum has touted an economic impact of $35 to $50 million when the inductions take place here.

• Last year, the Rock Hall confirmed a three-city rotation for the ceremony that includes Cleveland, Los Angeles and New York. However, we don't know when it will be Cleveland's turn again.

What they're saying: John Sykes, chairman of the Rock & Roll Hall of Fame Foundation in New York, which hosts the inductions, told Forbes the ceremony "should live where the artists and the music industry is."

• New York, Los Angeles, Nashville and London are all on the table.

Zoom out: Institutions like the Country Music Hall of Fame in Nashville and Pro Football Hall of Fame in nearby Canton hold their annual ceremonies in the city where the museum is located.

The intrigue: The Rock Hall has said the $6 million cost of a local ceremony is too much to handle every year.

• Yes, but: The museum easily raised $100 million for an expansion during the pandemic.

The bottom line: Any dream of the induction ceremony taking place in Cleveland every year appears long gone as the Rock Hall looks to make a greater global impact.