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Detroit’s famous Fisher Theater to be acquired by a British company

 


After more than half a century, it is the Nederlander era of the Detroits Fisher Theater, which will have new owners when the curtains rise there for the 2021 season.

An imminent acquisition of Motor City’s iconic theater hall inside the Fisher Building was announced on Monday.

The Fisher Theater and two well-known San Francisco venues, the Golden Gate Theater and the Orpheum Theater, will be purchased from Nederlander Co. by International Entertainment Holdings Limited, the parent company of the Ambassador Theater Group.

The deal, which is expected to become final on March 29, also involves ATG’s acquisition of the programming operations of the Detroit Opera House and Detroits Music Hall.

No financial details of the acquisition have been revealed.

The Fisher Theater is located in the iconic Fisher Building is Detroit's new neighborhood.

TheFisher Theater opened in November 1928 as a theater and vaudeville palace, according to a story on the Broadway in Detroit website. It was transformed into a live theater in 1961 by the Dutch and has grown from 3,500 to around 2,000 seats to improve both the visibility of spectators and the feeling of privacy.

After:Fisher Building businesses struggle to survive as foot traffic drops nearly 80%

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