AEG Presents And Barclays Center Owners To Purchase NYC’s Webster Hall

first_imgOne of Manhattan’s nightlife staples is going corporate. After 27 years of operating multi-floor East-Village nightclub Webster Hall, the Ballinger family has announced that they will sell the 131-year-old venue to concert promotion giant AEG Presents and Barclay’s Center owners Brooklyn Sports and Entertainment, according to a report in Billboard. The two firms will assume operating rights, assets and the long-term lease from building owner Unity Gallega while Bowery Presents (whom AEG purchased earlier this year) will take over booking and talent buying.The deal originated as a Brooklyn Sports and Entertainment venture, but they eventually made the call to bring in AEG as a 50-50 partnership. Says BSE CEO Brett Yormark, “While we were having [preliminary] discussions, AEG finalized the acquisition of Bowery Presents, which used to book Webster Hall. We’re going to partner on all facets of the business, but obviously let those that know it best lead the way,” Yormark said. Up until March 2014, Bowery had an exclusive at the venue, and Yormark said that the new agreement means the Bowery team will once more be charged with programming and marketing Webster Hall.AEG and BSE plan to spend about $10 million renovating Webster Hall’s Grand Ballroom, The Studio and The Marlin Room spaces to bring them up to contemporary standards and add a few more customer features.According to AEG chairman Jay Marciano, “You can’t replace a venue of its size and stature anywhere on the island of Manhattan, and we jumped at the chance to bring Webster Hall into our growing venue portfolio” which includes staple New York City venues like Terminal 5 and Music Hall of Williamsburg. “It would be cost prohibitive to try and build a venue like Webster Hall from scratch,” says Marciano. “Knowing what I know about New York real estate, I don’t think you could build it for less than $100 million. Webster Hall is a landmark, historic building whose use as a public assembly venue dates back to the 1800s. It’s a venue that any promoter would want to have in their portfolio.”Yormark hopes Webster Hall and other AEG/Bowery Presents facilities become feeder venues for rising artists who aspire to play big arena shows at Nassau Coliseum and Barclays Center.“We’re trying to diversify our venue portfolio so we can connect with artists early and often,” he says. “We have a progression approach that allows us to get to know them and let them understand the experience they’ll have when they play one of our venues.”[h/t – Billboard]last_img read more

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State to receive $3.9 million to aid in COVID-19 testing

first_imgWashington, DC – U.S. Congressman Greg Pence today announced the state of Indiana will receive $3,907,452 from the Department of Health and Human Services. These funds will support increased COVID-19 testing at rural health clinics (RHCs) in Indiana’s Sixth District and statewide. This funding comes from the Paycheck Protection Program and Health Care Enhancement Act, which specifically directed these monies to be allocated to RHCs.last_img

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BiH Basketball Team Starts Today Preparations for the Eurobasket

first_imgSenior national basketball team of BiH will gather today in Sarajevo to start preparing for the European Championship in Slovenia, which will be held in September.Selector of the national team of BiH Aleksandar Petrović invited 16 players for preparations: Zackary Wright, Muhamed Pašalić, Filip Adamović, Nihad Đedovic, Nemanja Gordić, Marko Šutalo, Ante Mašić, Dalibor Peršić, Adin Vrabac, Mirza Teletović, Edin Bavčić, Miralem Halilović, Nedžad Sinanović , Elmedin Kikanović, Andrija Stipanović, Jusuf Nurkić.Petrović expects to have all invited players, except Zach Wright and captain Mirza Teletović who will join the team later.The first part of the preparation will be carried out in Sarajevo, and after seven days they will go to Slovenia, where they will work on fitness and tactics. After that, they will return to Sarajevo where they will stay for three or four days, and then in Slovenia, they will play against Slovenia, Georgia and Russia.‘’Impact of the seven-part preparations consists of two tournaments in Germany and Greece, where they will play six games’’ said the coach Petrović for Fena.In Germany BiH national team will play against a local team, against Greece and Macedonia, while during “Akropolis tournament” in Athens they will play against Italy, Greece and Latvia.European Championship in Slovenia will be held from 4th to 22th September 2013. Players of BiH will play in Jesenice in the B-group with Macedonia, Lithuania, Montenegro, Latvia and Serbia. (Source:Fena)last_img read more

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