Amoeba Music will begin construction on new location in 'next week or so,' says owner

  • 📰 latimes
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 82%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Despite the launch of a GoFundMe page, Amoeba Music co-owner Jim Henderson says that construction on their new space will begin shortly, with a fall opening anticipated.

California Gov. Gavin Newsom announces efforts to expand coronavirus testing as a key factor in determining when to ease stay-at-home orders.Most pressing, Henderson said, was ensuring that customers understood the plight of Amoeba’s staff. He called the GoFundMe campaign “an opportunity to help keep our staff whole with health benefits being covered, and to help bridge the gap.” Amoeba has applied for loans under the CARES Act, Henderson says, but has yet to receive a response.

Still, that $34-million sale price suggests Amoeba might have a cushion. Asked whether the real estate transaction gave Amoeba’s ownership some wiggle room, Henderson said no. Calling the reported sale price “a bit of a thorn in our side,” he noted that the number has “always come without any context. It is a nice number for people to throw out there and to put in print that paints a picture of eternal wealth.

In a practical sense, the obligations and timetable puts into question whether it even makes financial sense for Amoeba to reopen at the 6400 Sunset Blvd. location or focus its energy toward a reawakening at Argyle and Hollywood. Will customers be able to shop in the old location one last time? Will there be a closing party?Its customer base would likely show up for a send-off. Since Amoeba’s Hollywood grand opening, the store has hosted hundreds of in-store concerts and album-signing events.

While the future is uncertain, he concluded, “We’re still on track and moving forward with the Argyle plan. And I’m looking forward to a fall opening.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The ncs

The need to focus on parking!

Powered by the transformational wonders of insurance?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Concerts are canceled, but in the digital world the music has never stoppedThe coronavirus may have shut down concert venues, but the music never stopped as musicians go virtual. Fiverr FiverrPro Hi everyone!! Check it out! I will do Professional eddm postcard design for your Business. And If you need more any Graphics Related work. Like as: logo BusinessCard Brochure Flyer labeldesign So, Feel Free contact me this link
Source: ABC - 🏆 471. / 51 Read more »

Apple Music Expands Into 52 More Countries, Including 25 in Africarelease se 2 Sorry but Spotify is wayyyyyy better TANZANIA WE GOT IT 🙌🏿
Source: billboard - 🏆 112. / 63 Read more »

Belle and Sebastian Turn COVID-19 Fears Into Gorgeous MusicStuart Murdoch of Belle and Sebastian put out a call on Twitter for a collaborative project
Source: RollingStone - 🏆 483. / 51 Read more »

Latin Alternative Music Conference to Be Held Online Due to COVID-19The 21st annual Latin Alternative Music Conference to be held online due to COVID-19
Source: RollingStone - 🏆 483. / 51 Read more »

New Orleans hospital staff marks 1,500th coronavirus patient discharge with music-filled celebrationHospital staff at Oschner Medical Center sang 'When the Saints Go Marching In' and had a trombone player to celebrate the woman's discharge after beating coronavirus. I think this good to hear from this Great to hear all about the propaganda, be careful a lot of people already die by staying at home and they are not even tested, just because they can't go to their regular appointments. So the fake news can lie about the crisis, all the false deaths data.
Source: ABC - 🏆 471. / 51 Read more »