The head of the Fox Theater says it's disappointing, but vows the show will go on.
The company, Theater of the Stars, has announced it will cancel its production of "Buddy," due to be staged at the Fox. Theater of the Stars, in making their announcement, also say they will conduct an emergency fundraising campaign, or else they will cease operations.
"They're responsible for about five or six weeks of scheduling per year," says Allan Vella, President and CEO of the Fox Theater.
Vella tells WSB that, while the financial troubles for Theater of the Stars was surprising, it was not unexpected. He says that, since the economic downturn in 2008 the company has been in difficult financial shape.
The Fox, however, is doing just fine, he says.
Vella says another theater company, Broadway in Atlanta, is still producing top quality shows and the Fox remains one of the most profitable theaters in the world.
Still, the economic troubles of Theater of the Stars could mean the end of a long relationship.
The company and the Fox Theater have been partners since 1984.
The Fox says that customers who purchased single tickets for BUDDY - The Buddy Holly Story, which was scheduled for July 9 through July 14 should contact the Fox Theatre Ticket Office by phone at 404-881-2017 or by email at email@example.com to obtain a full refund.