By Howard Pousner
The emergency “Save Theater of the Stars” fund-raising campaign has received a big boost.
On Wednesday, the 61-year-old troupe announced that a major gift from Roger Bobb, president and CEO of Bobbcat Films, an Atlanta-based production company, had lifted fund-raising to more than $350,000. The amount of the Bobb gift was not disclosed.
Late last month, the theater announced that it needed to raise $500,000 by Friday and another half-million by Aug. 30 or that it would be forced to shut its doors.
The company is operating with a $650,000 debt, but officials said the bigger issue is that it needs cash to launch its season. It canceled “Buddy,” a jukebox musical on the life of Buddy Holly, which was to open the season at the Fox Theatre, July 9-14.
If sufficient funds can be raised, the season instead will open with “Dreamgirls,” starring Jennifer Holliday, Aug. 2-11 at the Fox. HOWARD POUSNER