We have written about this before
IMHO
People think the venues compete for customers but they do so by competing for acts to host which tends to drive prices UP and I think prices for patrons are inelastic. Now if you are Julian prices don’t matter but if they do matter to you then more venues can mean more acts but at higher prices. However to most people if they want to see an act then a slightly higher price won’t make much difference
New venue -at 1200 capacity-would be competing with the 930 which is what I thought the Fillmore would do but it hasn’t quite worked out….if you look at the 930 schedule you can’t help but notice more and more shows that are dance parties,….I am not sure if that means they are having a more challenging time attracting live acts or it’s just the dance parties are popular and profitable.
There have been a few announcements of venues that never materialized including one by the Madison Square Garden group
