The goal, owners said, is to keep the venue independent. “It must remain independent to best serve Nashville’s creative working class,” they added. After launching a GoFundMe to keep the doors to the 50-year-old club open — blowing past the $200,000 goal by nearly $70,000 — the Cobbs said that if the purchase is not successful, the funds will be donated to Music Venues Alliance Nashville to #Keep615Live and the National Independent Venue Association.
Hotel developer AJ Capital has been facing off with Nashville politicians and musicians who have been protesting the company’s acquisition of the building housing the Exit/In. In their note, the Cobbs said that AJ Capital has publicly stated their intent to keep the venue open, “but have no track record owning and operating independent music venues. They also have a poor track record of working with communities.”
They said they are “deeply concerned” that AJ Capital will be “extremely detrimental” to the club’s future, announcing they’ve partnered with a financial backer who is willing to help them raise the same amount the developer is paying for the site.
See the statement below.
