Chicago concert promoter Jam Productions has been sold to a Los Angeles-based investment group for an undisclosed sum, according to reports from the companies.
Jam, which operates venues such as the Vic Theatre, the Riviera Theatre and Park West in Chicago, recentlyin business as one of the largest independent producers of live entertainment in the U.S. It also owns and is behind the renovation of the Uptown Theatre in the Uptown neighborhood, and operates The Palace in St. Paul, Minnesota. It is owned by Jerry Mickelson, who cofounded Jam in 1972 with Arny Granat, who left the company in 2019.
calls Jam a “crown Jewel in the SaveLive network. Jam and SaveLive intend to aggressively invest in the Midwest targeting small-to-midsize venues across multiple cities.”include The Alibi and Golden State Theatre in California; Beer City Music Hall, Ponyboy, Tower Theatre and Criterion in Oklahoma City; and Elektricity in Pontiac, Michigan, among others.