Stage Entertainment
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. 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. 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. 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. Stage Entertainment was again sold in 2018, this time the entire company was bought by "Advance Publications". 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". 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". 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 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. 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. 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. 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. 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. 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. 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. In 2016 Stage Entertainment acquired a second theatre in Milan, "Teatro Lirico", with a planned opening in 2021. Former assets. 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". "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. In 2014 CTS Eventim and Stage Entertainment reached an agreement for  the sell of their remaining ticket companies. 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. Stage Entertainment Stage