Thursday, August 30, 2007

Music Hall of Williamsburg, Battle of the Concert Promoters Continues...



Check out the New York Times' article this morning on the continued battle between NYC's largest concert promoters.

The Times notes that a new pattern of clubs has developed over the past year: smaller clubs such as Sin-e, Tonic, and CBGB were forced to close due to rising rent and costs; while larger promoters opened a plethora of midsized clubs such as Gramercy Theatre, Nokia Theatre, Highline Ballroom, and Luna Lounge. The Bowery Presents will open The Music Hall of Williamsburg next Tuesday, another midsized venue formerly known as Northsix. With a capacity of 550, the hall has been described as the Bowery Ballroom of Brooklyn (yes!). The ceilings have been rounded for acoustical reasons, balconies have replaced the floor that used to divde the lower and upper levels, and those annoying old pillars have been removed for optimal sightlines.

The Bowery Presents will also open Terminal 5 on October 11 with The National. Situated in the heart of midtown, Terminal 5 will compete with directly with Roseland and Hammerstein Ballrooms. Peter Shapiro, former owner of the Wetlands, has plans to open the Brooklyn Bowl, a 2,000 seat venue in Williamsburg. And Andrew WK is looking to open a club near Canal Street.

As promoters continue to bombard the market with concerts and new venues, one can't help but wonder if and when the inevitable oversaturation will occur. And what venues will be the ones to lose out?

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