Investment in Sunset Boulevard, Broadway

 2 nd  January 2017  

NASDAQ FIRST NORTH, COPENHAGEN

GATE VENTURES PLC

SHORT NAME:  "GATE"

Investment in Sunset Boulevard, Broadway  

Gate Ventures Plc ("Gate Ventures" or "Gate" or "the Company") is pleased to announce that it has invested $1 million in the Broadway production of Sunset Boulevard, jointly with other prominent investors, following the success of the production in London.    

Sunset Boulevard in Broadway will once again feature award-winning Hollywood actress Glenn Close with music by Andrew Lloyd Webber and script and lyrics by Don Black and Christopher Hampton. Glenn Close won the Evening Standard Theatre Award for Best Musical Performance for her lead role in the London production.  

The show will run for sixteen weeks at the Palace Theatre, New York, with previews from the 2nd February 2017 and opening on the 9th February.  

Dr Johnny Hon, Chairman of Gate Ventures PLC and executive producer of the production, said: "The Board of Gate Ventures is very excited to take Sunset Boulevard to Broadway. We expect the show to once again be a huge success and expect to receive a good return on our investment." 

- Ends -  

   

  For further information:  

Gate   Ventures Plc  
Dr  Johnny Hon, Chairman 
Geoff Morrow, CEO   
Tel: +44 (0) 20 7016 9963 
              www.gateplc.com  

 

Certified   Adviser  
Keswick Global AG  
Tim Curle / Klaus Schwerdtfeger   
Tel: +43 1 740 408 045 
info@keswickglobal.com  

  Media enquiries:  

Abchurch   Communications Limited  
Julian Bosdet/ Dr. Jenny Lee / Rebecca Clube  Tel: +44 (0) 20 7398 7714 
GateVentures@abchurch-group.com   www.abchurch-group.com  

Notes to Editors   

Gate Ventures Plc  

Gate Ventures Plc was founded in 2015 to make investments and capitalise on investment opportunities in the media and entertainment sectors.  The Company focuses primarily on investments and operational opportunities in the UK and China covering theatre, television, media technology and  e-commerce. 

The Company's investments include various theatre productions such as the successful Sunset Boulevard and the upcoming highly anticipated 42nd Street, virtual reality ("VR"), and technology companies Bink and PlayJam amongst many others.  Gate Ventures has made a total of nine investments since it was established, and to date, has successfully raised over £14 million reflecting the Company's significant growth thus far. 


This information is provided by RNS
The company news service from the London Stock Exchange

END

Subscribe