Overview
- Mari and Providence signed a definitive agreement to transfer ownership of ATG, a deal reported by multiple outlets as roughly £4.5 billion (about $6 billion) that remains subject to regulatory approval and customary closing steps.
- ATG runs about 70 venues worldwide, including seven Broadway theatres and ten West End houses that together stage roughly 16,000 performances for about 18 million theatregoers a year.
- Mari was launched in 2025 and has been building a portfolio that includes TodayTix, major tennis tournaments and art fairs, giving it ticketing, production and venue capabilities that will be integrated with ATG after the acquisition closes.
- Mari says ATG will keep its brand and leadership and that it will invest in preserving and modernizing theatres, a promise that comes alongside industry concerns about how greater landlord concentration could affect producer access and box office dynamics.
- Providence, which bought a majority stake in ATG in 2013, will exit the business, advisers for both sides have been named, and the next steps to watch are regulatory reviews, the firms’ separate operations until closing, and any changes to ticketing or booking practices.