Good question. I heard last nite at band practice it has new owners (again). Gotta be an improvement over the last people in charge who were in trouble for having live music without proper permits and severly pissing off local music supporter Rick Tvedt (MAMAs, LocalSoundsMagazine).
If no one else offers any info, might be easiest just to call or stop down there and ask. I know the former owners did do a lot of remodeling to accomodate for bands (i.e. building a stage, etc.). So it that still exists I would hope live music is in the new business plan.
Please report back with any details.