The Shubert Organization, a major Broadway player that owns 17 of the 40 theaters there, is positioning itself to move into the commercial Off Broadway sector in a significant way with the acquisition of the New World Stages complex, according to three theater executives with knowledge of the expected deal. Full article at NYTimes: http://www.nytimes.com/2014/07/18/theater/shuberts-to-acquire-new-world-stages.html?re…
SOURCE: stagebuddy.com at 06:26PM on July 17, 2014