Live Nation Confirms Sale of Theaters
posted by Ross Melnick on January 29, 2008 at 2:39 pm
Howard Haas is reporting that “as anticipated” Live Nation has confirmed the sale of theaters, leases, and their “Broadway Across America” project to Key Brand Entertainment, a company controlled by theater producer John Gore of London.
The eight theaters included in the transaction are located in Minneapolis, Boston (except for the Boston Opera House), Baltimore, and Toronto. Live Nation has retained the Warner Theatre in Washington DC, New York City’s Hilton Theatre, and its ownership of the closed Boyd Theatre in Philadelphia.
For more information, read Key Entertainment’s press release, or this New York Times article.