Cameron Mackintosh has announced a major expansion of Musical Theatre International (MTI), the theatre licensing company of which he is the majority shareholder.
MTI, which is the world's largest library of musical theatre titles, including West Side Story, Guys and Dolls, Hairspray and Mamma Mia!, is to open a European office in London this summer. There are also plans for new offices in Australia and the Far East.
Mackintosh said: "I am thrilled that the time has come for an exciting new chapter in MTI's long history and a re-organisation of its relationship with Josef Weinberger Limited.
"By later this year, MTI will be trading in its own name, with the two separate collaborative entities working in the same building and sharing much of the same personnel gearing up to expand over the coming years."
MTI also represents the majority of Stephen Sondheim's works, including Sweeney Todd, as well as the stage productions of Disney Theatricals and Cameron Mackintosh Ltd, including The Lion King and Les Miserables.
Chairman Freddie Gershon, who founded MTI 35 years ago and invited Mackintosh to become a partner in 1990, said: "The company has always been proud of both its independence, and the dedication and reputation of its remarkably passionate team recognised throughout the world as the best in their field."
Mackintosh also announced today that outgoing Chichester Festival Theatre executive director Alan Finch is to become co-managing director of Cameron Mackintosh Ltd alongside Nick Allott.
Finch, who ends his 11-year tenure at Chichester following the 2016 season, said: "I am thrilled to have this opportunity to join Cameron's expanding global operation at such an exciting time."
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