Metro Runs Red

SYDNEY (CelebrityAccess MediaWire) — Is the Metro in Sydney not paying it's bills? That's what Tim Freedman, frontman for Australian rock outfit The Whitlams is claiming, the Sydney Sun-Herald reported. According to Freedman, the band played two sold-out gigs at the George Street theatre but have yet to receive payment.

The theatre has been placed into voluntary administration by the Australian government after the venue managed to run up over a million in debt with various performers and promoters.

Theatre owner Jonathan Gould stated that his previously successful venue has been running deeply in the red for the last nine months, including owing him $500,000. At a recent creditor's meeting, civil administrators approved an agreement in which entitled creditors would be paid 10 cents on the dollar at some time in the future. As a creditor, Mr. Gould cast a vote agreeing to this proposal, leading to further friction. "I feel railroaded," Freedman told The Sun-Herald. "Gould claims his company has lost $1.5 million in nine months of running the Metro, previously a successful venue for years,"

The Whitlams aren't the only performers who are out some dinero, others include Pink and The Veronicas. It is uncertain what the future will hold for the Metro, concerts are scheduled but the bar doesn't seem to be operation.

Mr. Gould was unreachable for comment. – CelebrityAccess staff writers.

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