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We hate to think we'd left you in a state of suspense regarding Amanda Scheer Demme's various nightlife interests after yesterday's post about her alleged shitcanning by her bosses at the Roosevelt Hotel. Both TMZ and Page Six have updates about Demme's fate, which her reps are spinning as a "buyout" (which seems technically true, since we assume it would cost the hotel some cash to tear up her contract). Says TMZ:

Jennifer Gross, Demme's rep, confirmed that the Roosevelt chose to exercise their right to buy out Demme and run the venues on their own. As to the reasons for Demme's departure, she called Page Six's report "innuendo and hearsay."

And Page Six:

AMANDA Demme may be down, but she's not yet out. Although the Hollywood Roosevelt is booting her and her clubs, Teddy's and the Tropicana, her rep says she's being "bought out" and thus will receive a hefty check for her efforts. Meanwhile, we hear Demme and her business partner, Michael Gruber, have been in talks with Pure in Las Vegas and the W Hotel chain to roll out a chain of Teddy's nationally. Demme's reps didn't return e-mails.

Again, we stress that we're not at all worried that she'll be gone from the scene for long (if at all) while her other deals go through. In the meantime, keep an eye out for her provisional space just outside of Privilege, Amanda Scheer Demme's Bottle Of Peppermint Schapps On A Dirty Cardboard Box Next to Wilmer Valderrama's Escalade.