EXCLUSIVE: Ken Davenport’s eponymous theater is no more.
“As of the end of January 2019, the Davenport Theatre has closed,” according to an announcement on Davenport Theatrical Enterprise‘s voicemail.
Ken Davenport, the producer-general manager-book writer-marketer-podcaster-blogger-consultant, has told people in the industry that he lost his lease. He declined to comment for this story.
EXCLUSIVE: On September 15, 2008, hours after Lehman Brothers filed for bankruptcy, the Roundabout Theatre Co. signed a lease to take over a third Broadway house. Given the expense of producing and its thinning ranks of subscribers, some in the business questioned whether the company, founded in 1965, overextended itself.
Seven and a half years later, the Roundabout can make a convincing case that adding the Stephen Sondheim Theatre inside the Bank of America tower constituted shrewd investing in a downturn.
