Ari Emanuel's events business will acquire theater owner ATG Entertainment

This is read by an automated voice.Please report any issues or inconsistencies here.

See more from the L.A.Times in Google Search.

Set us as preferred Ari Emanuel’s events and experiences business, Mari, said Tuesday that it will acquire ATG Entertainment, the owner of 70 venues, including theaters in London’s West End.ATG’s venues have hosted more than 16,000 performances and more than 18 million theatergoers annually, according to Mari.

ATG also co-produces work for West End and Broadway and is the home for productions including “Harry Potter and the Cursed Child.” “I’ve seen the industry reinvent itself many times, but live has only grown more powerful,” Emanuel said in a statement.“Nothing connects great talent with audiences more directly.

ATG has built one of the world’s great theater businesses around that experience.This is a long-term bet on where live goes next.”Mari is acquiring ATG from Providence Equity Partners L.L.C.

for an undisclosed price and the deal is subjected to regulatory approvals.The acquisition comes as Mari continues to expand its portfolio of businesses.Last year, Mari acquired TodayTix Group, a theater ticketing platform serving Broadway and London’s West End for an undisclosed price.

Mari owns several events and experiences properties, including tennis tournament Miami Open, contemporary art organization Frieze and London’s Hyde Park Winter Wonderland.ATG owns three venues in San Francisco: Orpheum Theatre, Golden Gate Theatre and Curran Theatre.

Hollywood Inc.Hollywood super agent Ari Emanuel’s newevents and experiences company, Mari, acquired ticketing business TodayTix Group.Mari plans to invest in the preservation and modernization of ATG theaters and in the audience experience, adding Mari’s “creative energy will be a strong component,” said Mark Shapiro, principal investor and Mari board member in a statement.

The company also said it aims to create new opportunities for local art...

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: Los Angeles Times

Recent Articles