...or Sandstone, or whatever you call it. Anyway, the company once known as ClearChannel just sent out this press release, penned by its Hollywood-based communications director:
LIVE NATION TO EXIT VERIZON WIRELESS AMPHITHEATERIN BONNER SPRINGS AT END OF 2007 CONCERT SEASON
Move Reaffirms Company’s Strategy to Refocus Venue Mix in Certain Markets
LOS ANGELES, CA – June 20, 2007
Live Nation (NYSE: LYV), the world’s leading live music company, announced today that it will not seek to renew its lease to operate, book and manage the Verizon Wireless Amphitheater in Bonner Springs, Kansas under its existing terms, which expire at the end of 2007. The 2007 summer concert season will not be affected by this decision. The move comes as Live Nation seeks to optimize its venue portfolio.
Live Nation hopes to be able to place many of the small number of employees affected by this decision elsewhere in the company.
Live Nation remains committed to its 2007 slate of concerts at the Verizon Wireless Amphitheater and will continue to bring top quality talent to other venues in the Kansas City area.
What's next in the KC venuescape?
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