THE ROOTS, USHER, & COMMON TO PLAY LYNCHING MEMORIAL OPENING CONCERT
Usher, Common, and Dave Matthews have been tapped to play the opening concert for the lynching memorial being erected in Montgomery, Alabama. The Concert For Peace & Justice will also feature performances from The Roots and Brittany Howard from Alabama Shakes. The April 27 performances will commemorate the opening of the National Memorial for Peace and Justice and the Legacy Museum and was organized by Equal Justice Initiative. The concert will take place at the Riverwalk Amphitheater and Equal Justice Initiative partnered with Tidal to livestream the event.
INVESCO BUYS LIVE NATION BUILDING IN MEAT-PACKING DISTRICT
Investment firm Invesco is in talks to buy Live Nation’s Manhattan offices in the Meatpacking District from the Teachers Insurance and Annuity Association, also known as TIAA, for above the $150 million asking price, Commercial Observer is reporting. TIAA bought the 100,000-square-foot building at 430 West 15th Street in 2016 via a 99-year ground lease t, according to a source with knowledge of , paying Atlas Capital Group $135 million. Live Nation subleases the entire eight-story building from Palantir Technologies who signed a 15-year lease for the building in 2014.
HARRY POTTER AND THE CURSED CHILD COST $68M TO DEVELOP
Harry Potter and the Cursed Child a two-part drama now in previews and opening April 22, cost about $68.5 million to bring to Broadway, according to the New York Times. The Ambassador Theater Group spent $35.5 million to capitalize the show — more than for any other nonmusical play in history — and another $33 million to clear out and redo the theater. A shop crew of 220 people was assembled to build and install the scenery and lighting and costumes. The show has 40 actors, a stage crew of 26, some 16 people assigned to wardrobe and hair and five stage managers. Broadway vets expect “Cursed Child” will become a big hit on Broadway and like Hamilton, serve as a long-running production that can spin off profits for years.