Fri, 23 Jun 2017 | MERGER
Two of London's leading theatre dons have acquired Picturehouse Entertainment, a live cinema distributor.
Husband and wife team Sir Howard Panter and Rosemary Squire who co-founded the Ambassador Theatre Group will combine the new purchase with another recent acquisition, Trafalgar Studios, in a move that will provide more live-streaming theatrical productions.
A recent production at Trafalgar Studios, which includes two West End theatres, has been Macbeth starring Claire Foy and James McAvoy.
The redevelopment of Trafalgar Studios would look to equip the theatres with built-in live-streaming equipment.
The couple plan to acquire other sites in London, Berlin and Los Angeles, and have said they want to improve the customer experience for the venues: “Our new vision is a much improved experience for our customers. We want to enhance the experience from the moment you walk in the door so that it’s a place where you want to hang out - there’ll be great stuff happening on stage and also a space to meet friends.
“People will want to be there, rather than just go there to see whatever’s on. That’s the difference.”
The new group, to be known as Trafalgar Releasing, would develop theatre productions for the stage that were also being created specifically with live streaming in mind.
Find a business for sale here
This is a reputable and constantly growing company, receiving a significant amount of revenue through both new and existing customers and is ready for large scale expansion. Products are colourful, vibrant and playful and are created using only the f...
Specialises in turn-key water containment solutions, overseeing pond and lake construction, membrane lining and safe drinking water storage. Operates from a leasehold aquatic nursery able to accommodate over 10,000 m2 of coir products. Offers invited...
Rapidly growing online luggage retail business. Much time, effort and money has been put into the online side of the business, with tens of thousands going into search engine optimisation and Adwords. This is now paying off as the business is a top s...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources