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Livent Inc. announces that "Show Boat" on Broadway recoups preproduction costs in 58 weeks.


TORONTO, Ontario--(BUSINESS WIRE)--Nov. 10, 1995--Livent Inc. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:LIV,NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:LVNTF) today announced that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Livent (U.S.) Inc., producer of the Broadway production of "Show Boat," has recouped all of its US $9 million preproduction costs within 58 weeks of its October 2, 1994 New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 opening. Accordingly, operating profits from this production will now be recorded on the Company's income statement.

Livent Inc.'s second company of "Show Boat," directed by Harold Prince, opened at the Gershwin Theatre to unanimous critical acclaim, and became the highest grossing production on Broadway, setting the all-time record for the largest box office advance for a revival/re- creation, and repeatedly breaking the record for the highest weekly Broadway box office gross in history.

"Show Boat" also became the most honored show on Broadway during the 1994-95 season, winning five Tony Awards, (tying the record for revivals set by the 1993-94 revival of "Carousel"), including "Best Revival of a Musical"; "Best Direction of a Musical" (Harold Prince); "Best Choreography" (Susan Stroman); "Best Costume Design" (Florence Klotz); and "Best Featured Actress" for Gretha Boston's performance as Queenie This article is about the television character. For the Melbourne Zoo elephant, see Queenie (elephant).
Queenie was a caricature of the historical figure Queen Elizabeth I of England
. "Show Boat" is also the winner of five New York Drama Desk Awards including "Outstanding Musical Production," four New York Outer Critics Circle Awards including "Outstanding Musical Revival," the "Astaire Award" for Susan Stroman and the "Theatre World Award" for Gretha Boston.

Livent's first company of "Show Boat" premiered at the Ford Centre for the Performing Arts in Metropolitan Toronto in October 1993. Following a successful three-month run in St. Paul, Minnesota, this "Show Boat" company will inaugurate, on December 3, 1995, Livent's new CNDN CNDN Canadian  $25 million Ford Centre for the Performing Arts in Vancouver, British Columbia. A third company will give its premiere performance in Chicago at the Auditorium Theatre in March of 1996.

Livent has released a cast recording of this new production of "Show Boat" on its own label, Livent Music, that is distributed by Quality Music and available in stores everywhere.

CONTACT: In the USA

Scott Tagliarino

Bennett Kleinberg

Edelman Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  Worldwide

Tel: 212/704-8266

or

In Canada

Jane Watson

The Barnes Organization Inc.

Toronto, Ontario

Tel: 416/367-5000
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Nov 10, 1995
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