Glancy To Leave Live Nation?
Posted: March 30, 2006
(CelebrityAccess MediaWire) -- CelebrityAccess has learned from numerous music industry executives that Jim Glancy, president of Live Nation New York, is preparing to leave the company to go into a partnership with Michael Swier and Michael Winsch who own the Mercury Lounge and the Bowery Ballroom in New York; they also book Webster Hall. The date of Glancy's departure is unspecified, however, his contract is reportedly up at the end of July, and he appears to be staying until a replacement is found. According to a few sources, Glancy has turned down quite a bit of money to remain at Live Nation and reportedly was even offered a blank check to write his own future. Some sources are scratching their heads as to why Glancy would leave a company that books stadiums, sheds, arenas, theaters and clubs to basically be a club booker. But according to sources, Glancy has tired of the bureaucratic and corporate structure of Clear Channel Entertainment cum Live Nation. Glancy did not respond for comment.
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Swier and Winsch already have plans in motion to expand into bigger venues. Two years ago they formed The Bowery Presents, a promotion company that will stage shows outside of its Mercury Lounge and Bowery Ballroom clubs. Incidentally, The Bowery Presents is co-promoting The Fab Faux with AEG-Live at its Nokia Theatre Times Square on April 23, its first promotion outside of its three venues. –Bob Grossweiner and Jane Cohen |
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