Raleigh is not the only city wasting money on an amphitheaterPosted by Dr. Michael Sanera at 11:10 AM My hometown, Mesa Az, has a white elephant that loses money.
The [Arizona] Republic examination found that revenue dropped from
$2.3 million to $366,446 over four years, and the number and caliber of
bookings has steadily declined.
And of course the solution is to pump more taxpayer money into the 32 year-old amphitheater.
The Raleigh city council has not learned from other cities. Its downtown amphitheater is likely to meet the same fate and it is only a year old. I guess it is too much to expect. Council members did built a money losing convention center and subsidized a hotel. Wilmington's answer to a money losing convention center is to subsidize a hotel. NC cities hire expensive consultants who always say that the solution to failure is more taxpayer money.
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