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Hollywood Palladium SOLD For $55M!!!
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| Calabria |
| time to find a new venue in hollywood insomniac. |
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| iLLiE586 |
| Seems like it rides on the buyout of Live Nations contract now. |
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| henryv |
| 55m? Doesn't seem like that much to be honest. |
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| msilin |
| lame... that's my favorite venue lately for dance music. Someone should build a megaclub a-la Liv or Pacha in Hollywood. That would be legit. |
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| DaveT |
| quote: | Originally posted by henryv
55m? Doesn't seem like that much to be honest. |
When it was announced it was for sale earlier in the year, it was said they could get upto $60 million. |
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| Junior Chavez |
| What event would make more money than prydz? Not sure if it would necessarily mean no more events there just because the owner has changed. |
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| DaveT |
^^^^
I believe the new owner wants to tear it down and build a high-rise condo building or something. |
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| Junior Chavez |
| Ah, I see. I'm still not sure though if they would make more money than having big concerts a few times a week. Interesting... |
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| svardineni |
| quote: | Originally posted by DaveT
^^^^
I believe the new owner wants to tear it down and build a high-rise condo building or something. |
Damn, that's a shame. I really loved that venue. Glad I went to Armin in August then. |
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