Personally i cant see it surviving. With no real big night bar supermartxe, which does alright, they will really struggle. Losing Armin is a big loss for them. Its a shame because it really is a sight to behold when it is in full flow, especially if its your first time walking into the place.
i am especially gutted because 2012 was such a good season for privilege. it was a joy to see the venue doing well and i had high hopes for them to really come back. unfortunately last season didn't go well for them with cancelled nights. but privilege is still around, let's wait and see how this summer goes. but yeah, it won't be an easy summer...for no one actually.
i think the reason is simple - there are very few nights, if any, that can fill Priv on a regular basis (never mind a weekly basis).
The club is simply too big to be full in todays market place, except for the odd one off event (R1 Essential Mix etc etc)
I disagree, acts like Avicii, David Guetta, Calvin Harris etc could get it pretty full if Privilege offered them enough to move there.
as for the current lineup, I think its one of the weakest in years for a big club, nothing at all of interest, and unless they host the Radio1 night (which surely should have been announced by now??) I can't see them even needing to open the main room.