"The arrival of Chicago newcomers MSG Entertainment and C3 led the longtime Chicago-based promoter Jam to move to hold the mortgage to the troubled Uptown Theatre, 4814 N. Broadway, if only as a defensive position. But if the City of Chicago were to acquire the Uptown under eminent domain — as many of the theater’s boosters desire — that could open the way for a different entity to take over the venue, possibly the concert promoter Live Nation, which could use its own mid-size indoor venue. According to sources familiar with the current rearrangement of the Chicago live-entertainment business, a restored and reopened Uptown is looking more likely now than in recent history.
According to a recent report in Billboard, midsize venues such as the Chicago, Congress and Uptown have been showing particular strength of late. Billboard said that Radio City Music Hall rung up $87.6 million in concert grosses during 2007."(photo courtesy "Flickr")