SMG deal could benefit Orpheum

Once destined for demolition, the Orpheum Theatre is now a valued showplace for an eclectic array of live acts and film showings. The management deal in the works with SMG seems a positive step, given SMG’s booking power and administrative and accounting expertise. Best of all, such an arrangement might enable local Orpheum backers to concentrate on raising money to finish the 91-year-old theater’s long-running restoration. Certainly, Philadelphia-based SMG has proved its professionalism by managing the 3-year-old Intrust Bank Arena, which was about $301,000 in the black through June for the year and has a strong fall schedule. Any Orpheum deal would need to ensure the facility is no less affordable and available to nonprofit organizations and charity events.