Chicago Theatre Installs New Manager; Will It Get a New Owner Too?
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Though al Chalabi says money matters were not a factor in Sode’s departure, recent developments suggest that the theater’s shaky financial situation has been worsening. “The recession has had a dampening effect on what we thought was going to be a better year than last year,” notes al Chalabi, who said the theater hoped to book 108 performance days in 1992, approximately the same number as last year. Al Chalabi Says Haddad has agreed to book at least 50 dates there this year.
One source suggested the management change may have been precipitated by Sode having booked attractions that did not bring in enough revenue, a point al Chalabi also denied. “Larry was doing as well as he could,” she said, adding that the theater has been under great pressure to cut deals that were competitive with other venues.
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