Thursday, July 17, 2008

Second Stage Will Set Up a Broadway Shop at Helen Hayes - NYTimes.com:

With the Helen Hayes, Second Stage will become the fourth nonprofit theater company in the city to own and operate a Broadway house, joining the Roundabout Theater Company (which leases the American Airlines Theater), the Manhattan Theater Club (the Biltmore) and Lincoln Center Theater (the Vivian Beaumont). It is the latest example of how the lines are blurring between the commercial and nonprofit theater. With the rapidly escalating costs of mounting Broadway shows, the tradition of independent producers has given way to multiheaded producer consortiums and to the larger nonprofit theaters.

12:20 PM