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Shubert Acquires New World Stages

NEW YORK (CelebrityAccess) — The Shubert Organization announced that it has completed the acquisition of New World Stages, a complex of five off-Broadway playhouses located at 340 West 50th Street in the Theatre district of Manhattan.

Terms of the acquisition were not disclosed.

The theatres are currently presenting productions of Avenue Q, Gazillion Bubble Show, Blank! The Musical and iLuminate and they range in size from 199 to 499 seats.

The Shubert Organization is the largest landlord on Broadway, owning and operating seventeen different theatres, including the Ambassador Theatre, The Broadway Theatre, The Belasco Theatre and The Majestic Theatre.

Notable Shubert productions and co-productions include Cats, Sunday in the Park with George, Dreamgirls, The Heidi Chronicles, Jerome Robbins' Broadway, Amadeus, Children of a Lesser God, The Grapes of Wrath, Ain’t Misbehavin’, A Few Good Men, God of Carnage, Hedwig and the Angry Inch, Lucky Guy, Nice Work if You Can Get It, and Spamalot. – Staff Writers