I wonder what he is going to do with all that extra cash?

According to the Globe & Mail Review section ("Lloyd-Webber Has Four Fewer Theatres To Haunt", July 6, 2005) Andrew Lloyd Webber is:

...on the point of sealing a deal to sell four of his 12 West End theatres. The sale would change the face of London's theatre district, with a big new theatre owner entering the West End fray. Lloyd-Webber is expected to announce a sale this week to the Broadway producer Max Weitzenhoffer for about 11million pounds. Weitzenhoffer stands to acquire the Garrick, Apollo, Duchess and Lyric theatres, all own by Lord Lloyd-Webber's Really Useful Group, now the biggest theatre-owning company in London.

Lloyd-Webber has said he wishes to sell to a buyer who would respect the traditions of the properties. He will also retain the theatres that host musicals.

Weitzenhoffer has long harbored a desire to gain a foothold in the West End. If the sale comes off, his company will become the biggest theatre owner in the West End by next January.

Weitzenhoffer produced "The Will Rogers Follies" and "Harold and Maude" on Broadway, among others.

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