Live Nation's major competitor, AEG, has consummated an agreement that will allow the concert company to open a 12,500-capacity outdoor venue on the grounds of the Chargers summer training facility at 4020 Murphy Canyon Road. Insiders say the use of the practice field has no bearing on whether or not the Chargers stay in San Diego.
More details were not available at press time.
The new venue will give AEG a foothold to compete with Live Nation, which books Coors Amphitheatre, House of Blues, and SDSU's Open Air Theatre and Cox Arena. AEG's venue deal comes at a time when the local concert industry is suffering.
"We are off 35 to 40 percent," says a person involved with promoting live music. "I think there are too many shows booked into a small, picky market."