Kings of the West End jungle bid for Live Nation's theatres

guardian.co.uk: "It's a striking and inescapable fact: the most powerful people in commercial British theatre are not directors, or even producers, but landlords. The biggest fixed cost of running a show is theatre rental. And although a handful of theatres are still privately owned, most of the major venues now belong to increasingly large theatrical chains. In the West End, the Really Useful Group, Delfont Mackintosh, Ambassador Theatre Group (ATG), Nimax Theatres, Live Nation and Sir Stephen Waley-Cohen all own multiple venues. In the regions, major ownership is even more concentrated, with the US-owned Live Nation, ATG and Qdos leading the pack."