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Business News Live Business
AEG to reopen Matter
By CMU Editorial | Published on Friday 3 December 2010
According to Resident Advisor, the club under London’s Dome, Matter, will reopen in the new year under new management.
As much previously reported, Matter, within The O2 complex in North Greenwich, was originally set up by east London clubber haunt, Fabric. Despite the venue winning plaudits among both performers and clubbers, it suffered almost from the word go, opening just as the credit crunch crunched, and facing the general Dome problem of relying completely on a flakey Jubilee line and an overpriced car park, not to mention the (incorrect) perception among many Londoners that it’s an awfully long way from the West End. The club shut down earlier this year, almost taking the Fabric venue and label with it.
The new look Matter is set to be managed directly by AEG, the live music conglom which operates the Dome complex. Whether the company, with its bigger budgets and big name artist relationships, can make the club work remains to be seen. It’s possible the motivation to relaunch the venue is more about not wanting an empty unit in the Dome’s flagging outer ring than it is about expecting the place to bring in lots of profit.
