PALACE THEATER GROUP INC

Name

PALACE THEATER GROUP INC

Website

https://palacetheaterct.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Performing Arts

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Performing Arts Companies (7111), Theater Companies and Dinner Theaters (71111), Arts, Entertainment, and Recreation (71)

SIC

Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Theater & Performing Arts Venue Operations (Playhouses, Opera Houses) (MPAGALAB)

akta.pro secondary industries

Performing Arts Centers & Presenters (Programming/Booking) (MPAGABAM), Performing Arts & Cultural Event Venues (Theaters, Museums) (THAHAAAG), Theater, Musicals & Performing Arts (THAJAFAB)

Keywords

• Live performing arts
• Venue rental services
• Arts education programs
• Nonprofit theater
• Live entertainment venue

Headquarters

HQ city

Waterbury

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

Palace Theater operates a nonprofit performing arts center in Waterbury, CT that presents live shows to the public, offers arts education programs for the community, and provides venue rental services for private events and gatherings.

Differentiator

Problem solved

Functional benefit

Products and services

• Live Shows
• Arts Education Programs

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• AEG Presents: A global live entertainment promoter and venue operator. Comparable as a competing promoter for touring shows that could otherwise be booked at the Palace Theater, and as a benchmark for industry-wide venue economics.
• Live Nation Entertainment: The largest live entertainment company globally, operating venues and promoting concerts. Relevant as a venue operator and promoter of live shows, though it dwarfs the subject company in scale and serves as a powerful competitor for touring productions.
• The Smith Center for the Performing Arts: A large performing arts center combining live shows, education, and venue rentals. Comparable in mission and diversified revenue model, but operates at significantly larger scale and budget than a small Connecticut venue.

Direct peers

• The Paramount Theater (Peekskill, NY): A nonprofit historic theater in Peekskill, NY presenting live shows, education programs, and venue rentals. Closely comparable in size, mission, and revenue diversification as a community-anchored performing arts venue.
• The Palace Theatre (Manchester, NH): A nonprofit performing arts venue in Manchester, NH with a nearly identical name and mission, presenting live shows, education programs, and venue rentals. Highly comparable in scale, structure, and programming model to Palace Theater Group.

Regional players

• The Strand Theatre (various locations): Historic nonprofit performing arts venues operating in multiple mid-sized U.S. cities. Comparable in scale, presenting live shows and education programming, and serving similar community-anchor roles.
• The Bushnell Center for the Performing Arts: A nonprofit performing arts center in Hartford, CT that presents live shows, education programs, and venue rentals. It is the closest large-scale comparable in Connecticut but operates in a larger metropolitan market with broader resources.
• Goodspeed Musicals: A nonprofit musical theater producer and venue operator in East Haddam, CT. Directly comparable as a Connecticut-based nonprofit combining live productions, education, and venue operations, with a stronger focus on original musical development.
• Shubert Theatre: A historic nonprofit theater in New Haven, CT presenting touring Broadway productions and live performances. Comparable in presenting live shows and educational programming, but anchored in a larger university-influenced market.
• Garde Arts Center: A nonprofit performing arts venue in New London, CT presenting live shows, films, and educational programming. Similar mission and scale as a community-anchored arts center serving a smaller Connecticut market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PALACE THEATER GROUP INC