THE PARTY’S OVER AT THE PALLADIUM

As is frequently the case with partners in a business venture gone sour, principals behind the now defunct Palladium have few good things to say about each other. The Palladium had established itself as Dallas’ best live music emporium when it shut down in November. Now two distinctly different versions of what went wrong are beginning to surface. Perry Cloud, owner of Granny’s Dinner Playhouse and other ventures, who owns the building that housed the Palladium, says Eaton-Page Productions simply failed to pay the rent, so he had his tenants evicted. But Danny Eaton of Eaton-Page contends the promoters were not tenants, but partners in a joint venture with Cloud. Eaton says there was a verbal agreement under which Eaton-Page would make mortgage payments on the building from concert profits and share ownership with Cloud. Regardless of which side was right, both agree that the club came up short of profits when several major concerts turned into financial disasters.

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