Livent Founders Sentenced | Bleader

Thursday, August 6, 2009

Livent Founders Sentenced

Posted By on 08.06.09 at 08:44 AM

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The co-founders of once-mighty Toronto-based Broadway producer Livent were handed jail time for accounting fraud yesterday, more than a decade after they were first charged. Garth Drabinsky, who spearheaded renovation of Chicago's Oriental Theatre, was sentenced to serve seven years; his partner, Myron Gottlieb, got six.

Their attorney says they'll appeal. In Livent's heyday, it owned theaters in Chicago and New York as well as in Canada, and produced blockbuster productions of Show Boat, Ragtime, and Joseph and the Amazing Technicolor Dreamcoat.

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