Britain’s Ambassador Theater Group to Buy Broadway’s Foxwoods Theater, Home of Spider-Man
Britain’s Ambassador Theater Group, one of the U.K.’s largest theater operating companies, is likely to buy Broadway’s Foxwoods Theater, according to multiple reports. Foxwoods is currently home to the big-budget U2 musical Spider-Man: Turn Off the Dark. The purchase would mark Ambassador Theater Group’s first creative arts venue in the United States.
According to a report in The Telegraph, the company is expected to pay between $60 million and $70 million for the theater, which is Broadway’s largest, at 1,930 seats.