Published
Fri, Dec 21, 2018, 14:44
- After several tumultuous years, the German venue has transferred remaining ownership to the Golden Pudel Foundation.
Hamburg club Golden Pudel is no longer at risk of closure due to real-estate investors and other private market bodies.
The German venue has transferred owner Rocko Schamoni's 50-percent share to the Golden Pudel Foundation, according to a Facebook post by Golden Pudel's booker, Ralf Köster. (Former owner Wolf Richter's half of the business was auctioned off to the Mara & Holger Cassens Foundation For The Support Of Art And Culture in 2016, following a legal battle that began in 2014.) The club is now completely in the hands of legal cultural foundations, which gives it protection from investors, the real-estate market and other private economic factors.
Daniel Wang, who is set to play the venue tonight, also explained the update for non-German speakers in a now-deleted Facebook post. "After many years of struggle due to uncertainty with rental contracts, real estate investors and city planning," he explains, "the present location can no longer be interfered with by private market factors." He translates further: "It is protected as a site of cultural worth, as a counterpart against the norms of mainstream bourgeois and consumerist models of entertainment and social exchange."
Months after the 2016 auction, Golden Pudel was hit with a fire and received €300,000 in aid from the German government to help the club rebuild. It reopened in August 2017. Revisit Will Lynch's 2013 feature on the Hamburg institution, before the legal battle, auction and fire.
Read the original Golden Pudel statement here.
Alex Neuschulz contributed to this report.
Photo credit: Sarah Schafer
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