Actors Theatre, the resident theater company at the Herberger Theater Center, is “taking a pause” to assess and redesign its business model and to consider options to take control of its future.

“We are not closing. We are stepping back because we need to change the way we operate our business,” said producing artistic director Matthew Wiener. “We had hoped to finish our season at the Herberger Theater Center but recently learned that two large foundation gifts we had anticipated receiving this fiscal year will not happen.”

As a result, Actors Theatre is immediately suspending the rest of the 2012-13 season and will relinquish its position as a resident company at the Herberger Theater Center. Wiener and managing director Erica Black will take the lead in this transition that includes exploring potential performance spaces in the Valley. The company will temporarily shrink its operational footprint by vacating its administrative offices, scene shop, costume shop and production storage.

For more information, visit www.actorstheatrephx.org or Actors Theatre’s Facebook page.

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