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Evening Standard
Evening Standard
Business
Jonathan Prynn

Broadway's biggest theatre group takes 50% stake in huge new Olympia playhouse

Broadway Olympia United States Shubert Shubert Organization London the West End Trafalgar West End

Broadway’s biggest theatre owner has planted its flag in the heart of London by taking a half share in the huge new 1,575 seater venue due to open at Olympia next year.

Shubert Organization, which owns 17 Broadway and two off-Broadway venues, including some of the most famous names in New York, has teamed up with Britain’s second biggest theatre owner Trafalgar Entertainment in a deal giving the US firm 50% ownership and operation.

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