The future of the Greek Theatre’s management will be considered by the city Recreation and Parks Commission again today after the panel delayed making a decision at two previous meetings.
City staff and a consultant firm handling the selection process recommended handing the reins of the venue to Live Nation Worldwide, which would put an end to Nederlander Concerts’ operation of the venue after 39 years.
The two companies are competing for the right to manage and book acts for the performance venue and would be sharing some of the profits they get with the city. The contract term would be for 10 years and twice could be extended for five years.
The panel delayed making a decision twice during the last month. At the first meeting, the panel wanted to give its members time to review challenges from Nederlander, whose contract was not recommended for renewal. At the second meeting, the panel did not have enough members and failed to agree on who which company should be awarded the contract.
Nederlander representatives said after the decision was delayed two weeks ago that the extra time would allow commissioners to study what they contend are “flaws” in the selection process and how either proposals were scored.
Live Nation representatives said at the time that their proposal “earned the clear recommendation of city staff, as well as the unanimous approval of an independent panel of experts.”
“Despite the delay, we will stay the course and fully expect the results of the city’s bidding process to be upheld,” the company said in a statement.