Jun 29, 2026 – 6.16pmThe owner of Sydney’s two largest commercial theatres says he will spend $200 million to build two more despite his existing venues facing 30 collective weeks of shutdown due to the cancellation of two major musicals.Foundation Theatres, whose media-shy founder Stephen Found made his fortune selling a theatrical infrastructure and lighting business called Bytecraft, owns the Capitol Theatre and Sydney Lyric.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Why Sydney’s theatre king will spend $200m despite cancellations
The premature closures of Beetlejuice and Waitress will leave Stephen Found’s theatres dark for 30 weeks, but he’s building two new ones anyway.
86 words~1 min read
