The Best Buy Theater (formerly known as the Nokia Theater) in Times Square is an indoor theatre, owned and managed by Anschutz Entertainment Group (AEG), located on 1515 Broadway, at the corner of Broadway and 44th street. It was designed by architect David Rockwell and opened in September 2005. The venue has a large standing room orchestra section, combined with a large area of seating towards the rear of the auditorium. In September 2010, it was announced that Best Buy had purchased the naming rights to the venue following Nokia's decision not to renew its contract with AEG. At the time of its construction, it replaced the historic Astor Plaza movie theater, which closed in August 2004. The estimated total cost of the transformation was $21 million. American rock band The Black Crowes recorded their live album Wiser for the Time during five performances from 31 October through 6 November 2010 at the venue.