Ambassador Theatre Group Merges With Jordan Roth’s Jujamcyn Theaters
Brent Lang Executive Editor Ambassador Theatre Group, which is a force on London’s West End, and Jujamcyn Theaters,a collection of Broadway theaters owned by impresario Jordan Roth, have agreed to combine operations. Financial terms of the merger were not disclosed. The deal is subject to regulatory approval, according to a release, though those details were also left vague. Roth, who has become almost as well known for his fashion sense and social media presence as for his day job as a theater mogul, a will sit on the board as the largest individual shareholder of the combined group. He will also serve as its creative director. Mark Cornell, who currently heads up Ambassador Theatre Group, will serve as CEO of the combined companies.