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 Famous Swedish studio to close curlio  
 2004-04-08 10:52:03 Yahoo News      
Money Matters One of the most famous studios in the world will be shutting down, as the owners can't pay the rent. Polar Studios in Sweden, made famous by ABBA, Led Zepplin, the Rolling Stones, Genesis, the Beastie Boys, and many others, will close up in May.
The Swedish pop quartet's record label started the studio in 1978 and the group recorded its last three albums there. But the first big album recorded at Polar Studios was Led Zeppelin's "In Through the Out Door" in 1978.

Hundreds of bands and solo artists followed, including the Backstreet Boys (news - web sites), Genesis, the Beastie Boys, the Cardigans and Roxette — making Polar Studios a hot spot on the international music scene.
The studio will probably end up as office space. The rent on it is approximately $184,000 a year.

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