Broadway Journal

WILL BLACKSTONE BECOME BROADWAY’S NEXT BIG LANDLORD?

August 26, 2025 by Philip Boroff

EXCLUSIVE: The billion-dollar question on Broadway and the West End: Who will buy ATG Entertainment, an increasingly dominant force in live theater.

Blackstone Inc., the private equity and real estate giant led by billionaire Stephen Schwarzman, is rumored to be exploring a takeover of the multinational producer and theater owner, after acquiring a minority stake last year. Buying all of ATG Entertainment from another private equity company, Providence Equity Partners, would be one of commercial theater’s priciest transactions ever.Continue Reading

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