The deadline for promoters responding to the request for proposals to privatize Taste of Chicago, the Blues Festival, and the five other soon-to-be-formerly-free city music festivals was 4 p.m. Monday, having been extended from the same time on the day the night before Christmas, and the results are in. Drum roll please...
The one and only bidder is a company called Celebrate Chicago, LLC.
No Ticketmaster/Live Nation. No Jam Productions. And no C3 Presents... unless of course one of them is part of Celebrate Chicago, LLC. And alas, as of this moment, we have no way of knowing.
The company does not turn up on a search of registered corporations in Illinois--possibly because it was formed specifically to respond to this proposal, either as a dedicated venture or a partnership with other entities to qualify for the city's women and minority hiring rules, and probably because it's too new to have been registered yet with the state, especially given the holiday.
The city is not going to share any other information with the public on who this bidder is or what it would like to do until the bidding evaluation committee either accepts the proposal and awards a contract or decides to keep the festivals in-house.