Small Business Administration

AMBASSADOR THEATRE GROUP & ITS PRODUCTIONS SECURED $79 MILLION IN U.S. AID (EXCLUSIVE)

June 3, 2022 by Philip Boroff

As lead producer and landlord of Neil Simon’s Plaza Suite, Ambassador Theatre Group has bragging rights to the most commercially successful play of the 2021-22 Broadway season.

The average ticket price for the Sarah Jessica Parker and Matthew Broderick revival was $213 the week ended May 29, behind only The Music Man and Hamilton. Pairs go for as much as $2,051, which includes Piper-Heidsieck Champagne and Ladurée macarons served in a semi-private lounge at ATG’s Hudson Theatre.

The U.K.-based conglomerate isn’t crowing. “ATG does not control, and cannot provide comment about” Plaza Suite, an ATG spokesman told Broadway Journal in an email. Continue Reading

SHUTTERED-VENUE PROGRAM IS FLUSH AFTER WEEK ONE (EXCLUSIVE)

May 9, 2021 by Philip Boroff

In a hopeful sign for performing arts organizations, music venues and theater producers seeking help to resume live, in-person programming, the federal government’s shuttered-venue subsidy program had $6 billion remaining after its first week accepting applications.Continue Reading

INSURANCE KEEPS ‘COMPANY,’ ‘COME FROM AWAY’ ALIVE AS JUJAMCYN FIGHTS CHUBB SNUB

February 5, 2021 by Philip Boroff

EXCLUSIVE: No one put more money into the highly anticipated Broadway revival of Company than the insurance giant Chubb.

The Ladies Who Lunch LLC, which transferred the Stephen Sondheim and George Furth musical from the West End only to suspend it during previews because of Covid-19, received $8.85 million from Chubb, according to an email that lead producer Chris Harper sent to investors. Continue Reading