April 15, 2021

durangobagel

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Detroit’s Fisher Theatre to be acquired by U.K. group

3 min read

Soon after far more than 50 many years overseen by regional theater impresarios with the identify of Nederlander, Detroit’s Fisher Theatre is established to have new homeowners this month, officials announced Monday.

London-based mostly Worldwide Entertainment Holdings Restricted, the dad or mum enterprise of the Ambassador Theatre Team, is attaining the location as properly as its programming operation of the Detroit Opera Residence and New music Hall from the Nederlander Co., according to a statement.

Nederlander has managed the Fisher since 1961 and promotes as properly as presents Broadway and other productions at the Detroit Opera Dwelling and Music Hall, the release mentioned.

The transaction is scheduled to close on March 29. Money conditions ended up not disclosed.

The offer also phone calls for the acquisition of Golden Gate Theatre and Orpheum Theatre in San Francisco.

“These distinctive venues have been household to Broadway’s best displays, serving neighborhood and regional audiences for generations,” Robert Nederlander Sr. said. “We are confident that the ATG staff will proceed to appear after the potent foundation that we have established with these theatres in their respective communities and to choose them into this upcoming decade with fantastic achievement.”

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