NBC Universal, our parent company, has plans for major renovations at Universal over then next several years--INCLUDING the possibility of tearing down the iconic Amphitheatre and maybe, building a smaller venue. It seats up to 6,189 for concerts, including 6,089 chairback seats (3,900 in the main level and 2,189 in the mezzanine). It was originally built in 1972 as an outdoor venue, but to the ch
agrin of many, was remodeled and converted into an indoor theatre in 1982 to improve acoustics. It is the third-largest indoor theatre in California, behind Nokia Theatre and the Shrine Auditorium - two other Los Angeles venues. The theatre is best known for its acoustics and its sightlines, considered the best of any theatre in North America. The theatre was known as the Universal Amphitheatre from its inception until early 2005, when naming rights were acquired by the Gibson Guitar Corporation [1]
The venue regularly hosts concerts by high profile touring artists and major recurrent events at the Gibson Amphitheatre include the MTV Movie Awards (recently the 2010 MTV Movie Awards) and the annual Teen Choice Awards.
--straight from wikipedia