What will the closure of the Gibson Amphitheater mean for one of the live industry's biggest markets?

Since the infancy of the live music business, Los Angeles has been one of the most competitive markets in the world, both from a venue perspective and in terms of promoters seeking to book talent into those venues. Similar to how the opening of the Barclays Center in Brooklyn changed the face of the New York metropolitan market, the dynamic of L.A.'s live scene is rapidly evolving, highlighted by news that the venerable Gibson Amphitheatre at Universal Studios would be shuttered in September to make way for a new Harry Potter attraction at the theme park.

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By OutBrain