The Theatres Trust

ATG completes £90m buyout of Live Nation theatres

3rd November 2009

The deal, announced yesterday, signals a monopoly on the UK theatre industry. Rosemary Squire, founder and joint CEO of the Ambassador’s Theatre Group, is now the most powerful woman in British theatre. Ambassador Theatre Group (ATG) has purchased Live Nation’s UK Theatres (excluding their one-third share of The Dominion Theatre) for £90m. The acquisition has made ATG the largest theatre operator in the UK by a country mile.

Source:Real Business

ATG completes £90 million Live Nation portfolio deal

3rd November 2009

The Ambassador Theatre Group yesterday completed the deal to purchase Live Nation’s UK theatre portfolio. The £90 million acquisition of 16 venues across the country make ATG the biggest theatre holder. It now has 39 venues, which now includes West End venues the Apollo Victoria and the Lyceum..

Source: The Drama Student

North West theatres bought in £90m deal

3rd November 2009

Four North West theatres have been bought as part of Ambassador Theatre Group’s £90m purchase of Live Nation’s UK theatres. They include: Liverpool’s Empire Theatre; The Palace Theatre, Manchester; The Opera House, Manchester; Southport Theatre. A further nine theatres were bought as part of the deal in Sunderland, York, Birmingham, Folkestone, Oxford, Torquay and London, which creates a combined business valued at £150m for ATG. Live Nation still holds one third share of The Dominion Theatre in London.

Source: Place North West

Oxford New Theatre sold

2nd November 2009

The New Theatre in Oxford has changed hands as part of a multi-million pound deal The Ambassador Theatre Group has taken over the running of the theatre along with its George Street neighbour, the Old Fire Station nightclub, from Live Nation. The New Theatre, which has been run by Live Nation since 2002, employs 20 full-time and 75 casual staff. Spokesman Diana Hackett said all staff would transfer to the new owner and productions remain unaffected.

Source: Oxford Times

ATG completes £90m buy out of Live Nation theatres

2nd November 2009

Alistair Smith reports exculsively for the Stage that Ambassador Theatre Group has completed the purchase of Live Nation’s UK venues for £90 million, making it by far Britain’s biggest theatre operator.

Source: The Stage

Ambassador Theatre Group in £100m deal with Live Nation

1st November 2009

A cast of property magnates, stage impresarios and media executives are putting their hands in their pockets to fund the creation of Britain’s largest theatre operator. Ambassador Theatre Group (ATG) is this weekend finalising the acquisition of most of the 17-strong theatre estate owned by the concert organiser Live Nation.

Source: The Times Online

Demolition begins for Farnham's East Street project

29th October 2009

Farnham’s controversial East Street redevelopment has taken a giant leap forwards with demolition work finally beginning. The project to redevelop Farnham town centre was approved more than a year ago but work soon stalled due to the recession. The Redgrave Theatre – built in 1974 – is among one of the buildings that has permission for demolition but as it is attached to Brightwell House, a Grade II-listed building, approval is conditional on the submission of further plans. The Farnham Theatre Association is still hopeful and is working on ways in which it could re-present the case for the retention of the theatre.

Source: Get Surrey

Stage to page: the best novels about theatre

29th October 2009

Fiction has long been a rich source for drama – but why aren’t there more great books set in theatreland? blogs AndrewHaydon on The Guardian Theatre blog.

Source: The Guardian Theatre Blog – Andrew Haydon

Leading building-based organisations awarded ACE Sustain funding

29th October 2009

The Sage Gateshead, Sadler’s Wells Trust, and Royal Liverpool Philharmonic have joined Newcastle’s Live Theatre as the major beneficiaries of the fifth round of Arts Council England’s Sustain funding scheme.

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New name for Monmouth Savoy?

28th October 2009

Monmouth’s historic Savoy Theatre could have a new name. In a bid to secure its future, the theatre’s Trustees are hoping to persuade Rolls Royce to become a major sponsor. In return for their sponsorship they would re-name the theatre The Charles Rolls Theatre which would provide an active living memorial to Charles Rolls.

Source: Monmouthshire Beacon

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