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
Subscribe here
2 x Lucrative Cafes & Food Kiosk Recently Departed from a Franchise in Cornwall. Well-Established and Longstanding. Ideal Coastal Location. Recently Renovated. Fantastic Reputation. Excellent Trade Throughout the Year. Offers invited.
LEASEHOLD
Flooring Specialists: Domestic, Contract, Rentals, HMO, Housing Associations, Ecclesiastic, Schools and New Build. Well-Established. Highly reputable with multiple years of repeat business. Over 25 years of experience in the field. Domestic and Comme...
LEASEHOLD
Blue Chip Client Base. Full Range of Display Systems. Limited Industry Competitors. Solid Platform for Growth. Offers invited.
LEASEHOLD
|
13
|
|
Sep
|
AFH Financial Group acquires two firms for £7.2 million | BUSINESS SALE
AFH Financial Group, a listed wealth management firm headqua...
|
12
|
|
Sep
|
Lucid Group completes acquisition of North West-based healthcare consultancy | BUSINESS SALE
Healthcare communication specialists, Lucid Group, has succe...
|
11
|
|
Sep
|
Controversial green energy firm goes bust and forced to appoint administrators | ADMINISTRATION
A small energy supplier providing green energy to 29,000 hou...
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