Ambassador Theatre Group has acquired The Foxwoods Theatre from Live Nation Entertainment through its subsidiary, Lyric Theatre LLC. The Foxwoods is the largest theatre on Broadway with nearly 2,000 seats and currently is home to the hit rock musical Spider-Man: Turn Off The Dark. The Foxwoods opened in 1997. The acquisition comes just months after ATG announced plans to expand overseas into key international territories including North America, Australia and the Asia Pacific Region. Berenson & Company LLC acted as the exclusive financial adviser to Ambassador Theatre Group. Recent Broadway productions within the ATG Group include The Mountaintop starring Samuel L. Jackson and Angela Bassett, Exit The King starring Geoffrey Rush and Susan Sarandon and John Doyle’s award-winning production of Stephen Sondheim’s Sweeney Todd. Erich Jungwirth, previously VP Theatrical for The Foxwoods, is remaining with the venue as COO for Lyric Theatre, LLC.
Subscribe to Deadline Breaking News Alerts and keep your inbox happy.