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Difference between Operator and Owner of a theatre

Difference between Operator and Owner of a theatre

Difference between Operator and Owner of a theatre#1

Posted: 3/19/16 at 10:57am

Could someone explain to me the differences between the two?

 

 

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Difference between Operator and Owner of a theatre#2

Posted: 3/19/16 at 11:00am

The owner owns the theater building itself. An operator is hired by the owner to actually oversee the day to day operations of it.If Of am / wrong, I am sure someone will correct me .


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Difference between Operator and Owner of a theatre#3

Posted: 3/19/16 at 11:46am

Focusing on Broadway, the owner is the physical landowner or, in some cases, the holder of a ground or spatial lease on/in which it has constructed (or reconstructed in some cases)  the physical theatre. The former includes, as an example, the big 3 landlord's standalones; the latter includes situations like the 42nd Street theatres as well as theatres within larger structures like the Marquis, Minskoff etc.There is a bit more of a hybrid situation with the Sondheim but RTC is considered both anyway. Away from Broadway there are situations where there is a contractual relationship between the owner and the operator under which the latter operates the theatre per terms. I don't know of a situation where a person "hired" (which to me connotes employment) as opposed to contracted to run a place is viewed as the operator but as always there are no rules. 


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