Broadway Producers Sentenced to Prison for Larry Salander-like Exploits

Garth H. Drabinsky, who served as the chief executive of the defunct Broadway production firm Livent, was sentenced to seven years in prison on Wednesday for defrauding the shareholders of more than 500 million Canadian dollars. His former business partner, Myron I. Gottlieb, received a six-year sentence. Image: Chris Young/Canadian Press

Garth H. Drabinsky, who served as the chief executive of the defunct Broadway production firm Livent, was sentenced to seven years in prison on Wednesday for defrauding the shareholders of more than 500 million Canadian dollars. His former business partner, Myron I. Gottlieb, received a six-year sentence. Image: Chris Young/Canadian Press

 

Read today’s NYT article about the Broadway convictions involving Larry Salander-like exploits with Michael Ovitz in the role of Robert De Niro:

“The exponential growth of the company was analogous to an athlete taking a performance-enhancing drug,” Justice Mary Lou Benotto of the Ontario Superior Court said at Garth Drabinsky’s and Myron Gottlieb’s sentencing hearing in Toronto today. “The result may be spectacular, but the means involve cheating.”

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