bowerypresents1

Music venue article in the NY Times

Bowery Presents
From left, Michael Swier, John Moore and Jim Glancy, the principal partners of Bowery Presents

In the NY TIMES:

An indie-rock tastemaker whose résumé includes early shows by the White Stripes and Arctic Monkeys, the Bowery Presents has become an unlikely local challenger to Live Nation and A.E.G. Live, the two dominant national promoters. But over the last year the Bowery Presents has caught the attention of the touring industry with concerts at major halls like Town Hall and Madison Square Garden and with a series of high-profile executive poachings.

Its competition is formidable. Live Nation, a $1.5 billion public company, puts on concerts at about two dozen locations in New York, including the Roseland and Hammerstein Ballrooms, the newly renamed Fillmore New York at Irving Plaza, and the Nikon at Jones Beach Theater. A.E.G. Live, the operator of the Nokia Theater in Times Square, is a unit of the Anschutz Company, led by the billionaire Philip F. Anschutz.

The article goes on to say:

  1. Bowery presents aquired “the 3,000-capacity former Exit dance club on West 56th Street, to reopen as a rock hall in October.
  2. That “with increased competition among promoters comes expensive bidding wars for talent, which could lead to higher ticket prices.”
  3. Skeptics might question whether Bowery Presents bookings like Barry Manilow and John Mayer “could dilute the Bowery’s brand as a hip tastemaker. But the partners say they have no regrets.”

The whole article HERE.