A24, the Indie Film Studio, Buys New York's Cherry Lane Theater
Briefly

A24, the independent film and television studio barreling into next weekend's Academy Awards with a boatload of Oscar nominations, is making an unexpected move into live performance, purchasing a small Off Broadway theater in New York's West Village.The studio, which until now has focused on making movies, television shows and podcasts, has purchased the Cherry Lane Theater for $10 million, and plans to present plays as well as other forms of live entertainment there, in addition to the occasional film screening.
Read at www.nytimes.com
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