Too many music venues in L.A.?
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| Idolator found this 10/9/2008 on www.variety.com [flag] |
Music News: Industry execs skeptical about glut of seats -- Within the next two months, three music venues capable of holding 8,000 concertgoers will open in Los Angeles. Even with the economy faltering, venue operators and promoters believe the simple law of supply and demand will keep the concert halls full, provided the ticket price is appropriate.
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L.A. Reid
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The Great Venue Glut Caused By All-In-One Music Complexes [Overbuilding]
Published 10/9/2008 by Lucas Jensen at Idolator
... Los Angeles is about to have a problem on its hands: Too many music venues. Three new concert halls are opening within the next two months, a curious expansion as the city adjusts to an economy that Variety describes as "faltering." (That's one way of putting it!) The remodeled Palladium (4,000 capacity) opens Oct. 15 with a Jay-Z concert; it's located between two Live Nation-owned venues that hold 6,000 and 2,000 people. Club Nokia (2,300 capacity) will open in November; downstairs from that theater will be the Conga Room, which ...
