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Posts Tagged “Overbuilding”

overbuilding

The Great Venue Glut Caused By All-In-One Music Complexes

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 opens in December as part of the downtown LA Live complex that also features the Nokia Theater. Wow. That's a lot of capacity to be filled at a time when, for me, going to a $20 show once a month seems like a luxury. More »