Silver Lake's indie rock flagship, Spaceland, is shutting down after more than 15 years at its current location, it was reported this week.
The club, which held its "infamous first show" in 1995, has been the LA starting point for some of rock's now-biggest bands, including the Arcade Fire, Arctic Monkeys, Kaiser Chiefs, Keane, My Morning Jacket, Snow Patrol, the Black Keys, the Decemberists, the Killers and the Shins to name a few, according to the clubspaceland.com.
"It just reached a point where it was time for us to move on," Spaceland Productions owner Mitchell Frank said in a written statement. "We've had some incredible musical moments here; people met, fell in love, started life-long friendships, but it's just time for a change."
Frank and the building's owner, Jeff Wolfram, had a "longtime handshake agreement" that is now ending, Kevin Bronson reported on Buzz Bands LA.
"Basically, we wanted to do our own booking in-house so we could offer better packages to bands and be a little more competitive," Wolfram told Buzz Bands.
The 1717 Silver Lake Blvd. location will be reopened as the Satellite, LA Weekly reported. The venue will honor all of Spaceland's current bookings, including the January residency of the Melvins, LAist reported.