Matter nightclub at the O2 in Greenwich is set to close - at least for the summer. The rumours, which have been heavily circulating on the net for days, were confirmed by DJ Yousef on an online forum.
He said: “You may as well hear it from me. Due to many reasons, the main one being the lack of transport to the venue, Matter has shut for the summer. Sad times. They are an amazing bunch down there.” The post was later removed.
As representatives of Matter are unavailable for comment, it's unsure whether scheduled parties beyond this week's Halcyon night will still go ahead.
I've had my suspicions about the club's fortunes for a while now. Yes, it has some huge promotions in there - such as FWD, Stanton Sessions, Ram and Hospitality - which are mostly a sell-out. But as was pointed out by the owners of SeOne club when the London Bridge venue announced its closure recently, one sell-out a week still doesn't pay the bills for such a huge venue.
In addition, I've noticed its forerunner Fabric - owned by the same people - has been 'diversifying' in terms of its events. A club that was once every promoter's dream destination, the unattainable pinnacle of venues with a select few partners, is now hosting many lesser-known promotions. This is no bad thing - in fact it's healthy for the music scene - but it does point to a situation in which the sibling venues are jostling for space. Perhaps there is only room for one of them.
Event magazine reports that Matter lost £1 million in the first year after it opened in 2008, and was £3 million in debt according to the same accounts.
To follow the discussion online, try the Dogs On Acid forum.
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