Yes and…..
My understanding is pleasure island as a whole was losing money. They were slowly wanting to convert clubs into rentals that offered live music - that was Raglan Road.
But then they decided to just pull the plug completely and shut all the clubs.
Comedy Warehouse and Adventurers Club could have stayed and made a profit.
Adventurers Club could have even become a dinner show with the same price points as Hoop dee Doo.
I think they made a mistake by closing all of the clubs. It always seemed like the two comedy clubs and Mannequins could have lived on, as they all had diehard fans.