Less than a month after the sudden closure of The Basement in Sydney, it has been announced the venue will live on with a new owner.

Earlier this month after 45 years of live music, it was announced that The Basement club would close it’s doors. In the same announcement the owners stated they were looking for a new space to host the famous venue.

The Basement first opened it’s doors in 1972 and has gone through one change of space before. One of the longest running live music venues in Sydney it has hosted jazz royalty as well as the Australian Music Prize.

Last week saw protests outside NSW parliament over the closure, where people gathered with disco balls to show support for the venue. It has been announced that Melbourne based musician and entrepreneur Albert Dadon has acquired the business and it’s assets.

Basement Clubs new owner

Dadon is the owner of Bird’s Basement in Melbourne and has released 11 albums of solo material. He alsoperforms frequently at the Melbourne venue. Alongside this, Dadon was instrumental in keeping the Melbourne Jazz Festival running when it’s funding was cut. He has also established the Australian Jazz Bell awards.

More than qualified for the job, Dadon is confident in the future of a new and improved venue.