Stage Entertainment Explained

Stage Entertainment
Founder:Joop van den Ende
Parent:Advance Publications
Foundation:1998
Location Country:Netherlands
Key People:Arthur de Bok
Industry:Theatre

Stage Entertainment is an international operating live entertainment company, a subsidiary of Advance Publications. The company was founded in 1998 by Joop van den Ende in Amsterdam.

History

The Netherlands / Corporate

The root of the company lays in The Netherlands in the 1970s when Joop van den Ende - until then an agent and television producer - started producing theater, in the first years he mostly produced plays and comedies. This changed at the end of the 1980s when he discovered that there was a demand for American musicals and his first try at this was with the musical Barnum in 1988. Several musicals followed, with titles as Sweet Charity and Cabaret. Owing to the success of these productions van den Ende doubled down on musicals, with a dedicated reservation line in 1990, an open-end theatre in The Hague called Circustheater in 1991 and his own musical in 1993.[1]

Van den Ende and John de Mol - until then the two biggest competitors - decided to merge their companies into Endemol in 1993, all live entertainment was folded into the Endemol Live Entertainment Division. The company went partially public in 1996 and due to the uncertain income of live entertainment part of the board of directors and shareholders were getting unhappy with the division and wanted to only focus on television productions to create a steady flow of revenue. Therefore, in 1998 van den Ende decided to buyout the entire Endemol Live Entertainment Division for ƒ 169,5 million and forming a new company called Stage Holding, which would be renamed Stage Entertainment in 2005.[2] That same year construction started on a second open-end theater in Utrecht, which would open in 1999 called Beatrix Theater. Van den Ende stayed on as board member and shareholder for Endemol until 2000, when Telefonica acquired the entire company for $5.3 billion.[3] After the sell van den Ende could focus entirely on his new company which he wanted to grow into an international enterprise focusing on owning theaters and producing musicals. In order to do that he arranged licensing deals with Disney Theatrical, Little Star, Cameron Mackintosh, Really Useful Group and Vereinigte Bühnen Wien for their productions. Besides producing third party musicals, the company also started creating own musicals for the Dutch, German and international market such as 3 Musketeers, Sister Act, Petticoat and Tina: The Tina Turner Musical.

Dutch competitor Albert Verlinde Entertainment - a company that was specialised in touring productions - was acquired in 2015 and van den Ende made Albert Verlinde managing director of the Dutch subsidiary. That same year he sold 60% of Stage Entertainment to CVC Capital Partners, he would only stay on as advisor to the company and as 40% shareholder.[4] Stage Entertainment was again sold in 2018, this time the entire company was bought by Advance Publications.[5]

United States

Following the Dutch success of Cyrano, van den Ende decided to bring the musical to Broadway in 1994. The production was a critical and financial flop, but it gave van den Ende the chance to co-produce several other titles in the following years such as Victor/Victoria, Titanic and Hamlet.[6]

In 1996 Endemol bought the American Holiday on Ice, a year later the company entered into a joint venture with Dodger Theatrical and formed Dodger Endemol Theatricals.[7] The joint venture created several musicals and also established a theater complex in New York's Hell's Kitchen named New World Stages (Dodger Stages at opening) in 2004. Stage Entertainment took full control of the complex in 2006, they sold it in 2014 to The Shubert Organization[8] [9]

Germany

In 2001 the company entered the Germany marked when it acquired the Colosseum Theater in Essen and the Theater im Hafen in Hamburg, where Elizabeth and The Lion King opened respectively. Until then the German market was for the most part served by Stella AG, but this company had severe financial troubles and ceased operation in 2002. Van den Ende acquired a large part of their assets including theaters and running productions, making Stage Entertainment directly one of the leading entertainment companies. In the following years the company grew and acquired several new theaters in Berlin (Theater des Westens in 2003 and Stage Bluemax Theater in 2007), Oberhausen (Metronom Theater in 2005), Munich (Werk7 Theater in 2018) and built a fourth theater in Hamburg (Stage Theater an der Elbe in 2015). After CVC Capital Partners in 2015 and Advance Publications in 2018 took control of the company several theaters were left vacant or sold, so the company could only focus on Stuttgart, Berlin and Hamburg.[10] [11] Stage Entertainment created several own musicals for the German market such as Ich War Noch Niemals in New York, Hinterm Horizont and Der Schuh des Manitu.

Stage Entertainment together with ID&T started a joint venture in 2005 to produce a German version of Sensation White, the combination was unsuccessful and therefore dissolved after only two years.[12]

United Kingdom

After The Netherlands, the United States of America and Germany the company opened an office in London's West End in 2002, where they produced shows like Fame and Blue Man Group. Adam Spiegel Productions was acquired in 2006, the year after the acquisition the company signed a long-term lease for the Shaftesbury Theatre, for their production of Hairspray. Adam Spiegel and Stage Entertainment went their separate ways in the early 2010s, both remaining active on West End.[13] [14]

Spain

Joop van den Ende entered the Spanish market in 2003 via a joint venture with the already in Spain active CIE, the combination lasted until 2005 when Stage Entertainment acquired CIE's stake and becoming sole owner. They majority of the productions were played in Teatro Coliseum and Teatro Lope de Vega in Madrid, which they rented. Together with Rockspring the two theaters were acquired in 2017, the company is also actively looking for a third theater in Madrid to acquire.[15] [16]

Russian Federation

The Russian market was entered in 2004 with a lease of the MDM Theatre in Moscow, with a second theater that followed in 2012 the Rossia Theatre. After the acquisition by Advance Publication in 2018 no new shows were produced and the leases on both theaters weren't renewed, ending the Russian activities although this was never confirmed by the company.[17]

France

Stage Entertainment acquired Théâtre Mogador in 2005 and refurbished it until 2007, when they reopened it with The Lion King. The company also often rents other theaters for their productions, like Les Folies Bergère in 2006 for Cabaret.[18]

Italy

Due to the acquisition of Teatro Nazionale in Milan the company could enter the Italian market, mirroring their approach in other countries. After a renovation the theater reopened in 2009 with Beauty and the Beast. From 2009 til 2012 the company also operated a theatre in Rome, but this lease wasn't renewed.[19] In 2016 Stage Entertainment acquired a second theatre in Milan, Teatro Lirico, with a planned opening in 2021.[20]

Theaters

Stage Entertainment owns / operates as of July 2023 17 theaters in 5 European countries.[21] !style="background:#C9080B
TheaterCityOpening by SE (Built)ShowNoteImage
Stage Theater des WestensBerlin2003 (1896)Current
Romeo & Julia - Liebe Ist Alles
Upcoming
Ku'Damm '56 (January 2024)
Ku'Damm '59 (May 2024)
Acquired in 2002, the building remains property of the city of Berlin.
Stage Bluemax Theater2007Blue Man GroupAcquired in 2006
Stage Theater Neue FloraHamburg2002 (1990)
Stage Operettenhaus2002 (1986)Upcoming
Tanz Der Vampire
Upcoming
&Juliet
Leased in the period 2002–2011, acquired in 2011.
Stage Theater an der Elbe2014Current
Frozen
Upcoming
MJ(Fall 2024)
Built by Stage Entertainment.
Stage Theater im Hafen2000 (1994)The Lion King
Theater Kehrwieder2005Vacant
Teatro ColiseumMadrid2003AladdinLeased in the period 2003–2017, acquired in 2017 in partnership with Rockspring.
Teatro Lope de Vega2003The Lion King
Teatro NazionaleMilan2009 (1924)ChicagoAcquired in 2006.
Teatro Lirico2021 (1779)VariousAcquired in 2008.
Théâtre MogadorParis2007 (1913)The Lion KingAcquired in 2006.
Stage Palladium TheaterStuttgart2002 (1997)
Stage Apollo Theater2002 (1994)Tina: The Tina Turner Musical
AFAS CircustheaterThe Hague1991 (1904)Frozen
Beatrix TheaterUtrecht1999Pretty WomanLongterm leased from Jaarbeurs

Former assets

Theaters

Stage Entertainment owned / leased 11 theaters in the past.!style="background:#C9080B
TheaterCityOpening by SE - ClosingNoteImage
New World StagesNew York City2006-2014Sold to The Shubert Organization.
Stage Colosseum TheaterEssen2001-2020Sold to RAG-Stiftung and E.ON.
Stage Theater am Potsdamer PlatzBerlin2002-2016/2020Vacant since 2016. Lease was supposed to end in 2022, but was taken over by Live Nation in 2020.
Werk7 TheaterMunich2018-2019Closed
Theater Fabriek AmsterdamAmsterdam2004-2014Closed
MDM TheatreMoscow2006-2018Lease ended
Rossiya Theatre2012-2017Lease ended
Teatro BrancaccioRome2009-2012Lease ended
Teatro AlcaláMadrid2003-2016Lease ended
Shaftesbury TheatreLondon2007-2010Lease ended
Stage Metronom TheaterOberhausen2005-2024Vacant since 2020. Sold in 2024 to Semmel Concerts.[22]

Ticketing

After the launch of a dedicated reservation line in 1990 in The Netherlands, the company also set up similar systems in the countries they entered in continental Europe. Stage Entertainment acquired the U.K. based See Tickets from the Really Useful Group in 2008, merged it with its own ticket company and renamed it See Tickets International, 60% of the new company was sold in the same year to Parcon Ventures.[23]

CTS Eventim announced in 2010 it had acquired the German part of See Tickets for €145 million. In February 2011 Parcom sold its stakes in the Dutch, Belgium, French, Austrian and Spanish operations to Stage Entertainment after which Parcom became the sole owner of See Tickets UK, which it sold in 2011 to Vivendi for £94 million.[24] In 2014 CTS Eventim and Stage Entertainment reached an agreement for the sell of their remaining ticket companies.[25] [26]

Holiday On Ice

The Live Entertainment Division of Endemol acquired Holiday On Ice in 1996, after the separation of Endemol and the live entertainment division the company operated as a separated entity within Stage Entertainment. After a reorganisation in 2011 the company was placed in a new division called Stage Entertainment Touring Productions. In 2014 Stage Entertainment and CTS Eventim entered into a new joint venture when CTS Eventim acquired a 50% stake in Holiday On Ice/Stage Entertainment Touring Productions, two years later CTS Eventim acquired the remaining shares.[27]

See also

External links

Notes and References

  1. Web site: Luxueus maar niet te dol Verbouwd Circustheater geeft Scheveningen badplaats-allure terug. INEKE SCHWARTZ. Trouw. 1993-07-31. 2020-12-30. nl-NL.
  2. Web site: 1999-02-11. Van den Ende betaalt 169,5 miljoen contant. 2020-12-29. Trouw. nl-NL.
  3. Web site: Telefonica to acquire $5.3B Endemol - Mar. 17, 2000. 2020-12-29. money.cnn.com.
  4. Web site: 2015-06-19. Joop van den Ende verkoopt deel theaterbedrijf aan CVC. 2020-12-29. Het Parool. nl-NL.
  5. Web site: WSJ PRO Staff. CVC Capital Selling Stage Entertainment to Advance Publications. 2020-12-29. www.penews.com. en-GB.
  6. Web site: Het musical-avontuur op Broadway. NTR. Andere Tijden. 2020-12-30. nl.
  7. Web site: Big Score: Endemol Tied With The Dodgers. Playbill. 1997-02-04. 2020-12-30. en.
  8. Web site: Simonson. Robert. 2006-03-13. Dodger Stages to Change Name to New World Stages. 2020-12-29. Playbill. en.
  9. Web site: Gioia. Michael. 2014-11-14. The Shubert Organization to Complete Deal for New World Stages. 2020-12-29. Playbill. en.
  10. Web site: Meza. Ed. 2002-07-02. Germany’s Stage expands its holdings. 2020-12-29. Variety. en-US.
  11. Web site: Stage Entertainment plans further focus on strong core markets in Germany. 2020-12-29. Stage Entertainment. en.
  12. Web site: Tussen feest en faillissement: 25 jaar ID&T-feesten. Josien Wolthuizen. Het Parool. 2017-07-07. 2020-12-30. nl-NL.
  13. Web site: Stage Entertainment Buys See Tickets from Really Useful Group. BWW News Desk. BroadwayWorld.com. 2020-12-30. en.
  14. Web site: Year of the Producer: Adam Spiegel's Eureka Moment for Midnight Tango WhatsOnStage. www.whatsonstage.com. 2020-12-30. en-GB.
  15. Web site: Edmunds. Marlene. 2005-02-17. Stage Holding on track for Madrid site. 2020-12-29. Variety. en-US.
  16. Web site: Stage Entertainment plans to acquire a third theatre in Madrid. 2020-12-29. Stage Entertainment. en.
  17. Web site: Van den Ende bezorgt Moskou eigen Broadway. Het Parool. 2012-10-07. 2020-12-30. nl-NL.
  18. Web site: Edmunds. Marlene. 2005-04-05. Paris legit an Ende in itself. 2020-12-29. Variety. en-US.
  19. Web site: 2009-10-02. Joop van den Ende ook in Italië op de planken. 2020-12-29. Het Parool. nl-NL.
  20. Web site: Il Teatro Lirico di Milano riaprirà dopo 22 anni. 2021-08-04. Agi. it.
  21. Web site: Theatres. Stage Entertainment. 2020-12-30. en.
  22. Web site: 2024-03-27 . Neuer Eigentümer für Metronom Theater in Oberhausen . 2024-04-03 . www1.wdr.de . de.
  23. Web site: Jones. Kenneth. 2018-09-23. Parcom Capital and Stage Entertainment Form See Tickets International. 2020-12-29. Playbill. en.
  24. Web site: 2011-08-23. See Tickets UK sold to Vivendi. 2020-12-29. Parcom. nl.
  25. Web site: CTS EVENTIM acquires See Tickets Germany GmbH/Ticket Online Group and concludes exclusive ticketing agreement with Stage Entertainment Germany. 2020-12-29. corporate.eventim.de. en.
  26. Web site: Stage Entertainment and CTS Eventim enter into pan-European partnership. 2020-12-29. corporate.eventim.de. en.
  27. Web site: STAGE ENTERTAINMENT AND CTS EVENTIM ENTER INTO HOLIDAY ON ICE JOINT VENTURE. 2020-12-29. corporate.eventim.de. en.