Jack Antonoff of Bleachers performs at Rachael Ray's Feedback Party during the 2019 SXSW Conference and Festival at Stubbs Bar-B-Que on March 16, 2019 in Austin, Texas.

Tim Mosenfelder/Getty Imaghes
Renovations will begin immediately on the 2,500-capacity venue.

C3 Presents and Live Nation have acquired full ownership of the iconic venue and BBQ restaurant Stubb’s Austin, the companies announced Tuesday (Feb. 15). The sale includes the city block where Stubb’s is located, in Austin’s Red River Cultural District.

C3 has been handling booking at Stubb’s, which typically hosts over 100 shows annually, for the past 26 years. With Live Nation, the company will immediately begin improvements to the 2,500-capacity venue and restaurant, as well as the surrounding land.  Live Nation acquired a majority stake in C3 in 2014.

In a statement, C3 promoter Amy Corbin called Stubb’s “one of the most special music venues, not only in Austin, but in the country” adding, “It’s part of our DNA as Austinites, and we intend to carry on the outstanding legacy and experience fans have come to know and love over the years.”

Stubb’s is a popular venue for the annual South by Southwest conference and festival, which runs this year March 11-20.

C3 Presents and Live Nation have been making substantial investments in Austin’s musical landscape for several years. The two companies oversee the entertainment operations of the city’s Moody Amphitheater and the new Moody Center Arena, the latter of which will open with performances by John Mayer on Apr. 20 and 21, 2022.

Earlier on Friday, Jan. 30, news reports announced an upcoming Netflix documentary exploring the early years and success of the Red Hot Chili Peppers and the impact of the band’s original guitarist Hillel Slovak, who died in 1988 of an accidental heroin overdose.

Directed by Ben Feldman, Variety reported that The Rise of the Red Hot Chili Peppers includes input from members Anthony Kiedis and Flea and is set to premiere on March 20. “At its heart, this is a deeply relatable story — about the friendships that shape our identities and the lasting power of the bonds forged in adolescence,” Feldman said in a statement at the time. “What’s less relatable, of course, is that here those friends went on to create one of the greatest rock bands in history. I’m profoundly grateful to the band and to Hillel’s family for their trust and generosity, and to Netflix for helping bring this story to the world stage.”

However, following the announcement, the band later released their own statement distancing themselves from the project. “About a year ago, we were asked to be interviewed for a documentary about Hillel Slovak. He was a founding member of the group, a great guitarist, and friend. We agreed to be interviewed out of love and respect for Hillel and his memory,” wrote the band in a post shared on social media. “However, this documentary is now being advertised as a Red Hot Chili Peppers documentary, which it is not,” they clarified. “We had nothing to do with it creatively. We have yet to make a Red Hot Chili Peppers documentary. The central subject of this current Netflix special is Hillel Slovak and we hope it sparks interest in his work.”

The group originally encompassed Slovak, Kiedis, Flea, and drummer Jack Irons. It has since gone through several iterations following Slovak’s tragic death, with Irons leaving the group soon after.

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