Tanninger Entertainment Welcomes Partner Patricia Chernicky, Launches $3.5M Broadway Fund, and Joins the new Musical The Outsiders

8/12/2019

TULSA, OKLAHOMA – AUGUST 12, 2019 - PHILANTHROPIST AND ENTREPRENEUR PATRICIA CHERNICKY HAS JOINED RYAN JUDE TANNER AND JAY KROTTINGER AS CO-OWNER AND CORNERSTONE INVESTOR OF TANNINGER ENTERTAINMENT (FORMERLY SQUARE 1 THEATRICS). TONY AWARD-WINNING PRODUCERS TANNER AND KROTTINGER FORMED SQUARE 1 THEATRICS IN 2012 AND OWN TANNINGER COMPANIES, PARENT COMPANY OF TANNINGER ENTERTAINMENT.

FOR NEARLY 2 DECADES, CHERNICKY HAS DEDICATED HER TIME AND RESOURCES TO COUNTLESS NON-PROFIT ORGANIZATIONS, INCLUDING PHILBROOK MUSEUM OF ART, ALZHEIMER’S ASSOCIATION, MENTAL HEALTH ASSOCIATION OF TULSA, TULSA AREA UNITED WAY, TULSA CARES, AND THE TULSA BALLET. CHERNICKY HAS OFTEN HELD INFLUENTIAL LEADERSHIP ROLES IN THESE VITAL ORGANIZATIONS. ADDITIONALLY, CHERNICKY HAS SERVED AS CHAIRPERSON OF KEY FUNDRAISING EVENTS, SUPPORTING TULSA CARES, TULSA BALLET, CYSTIC FIBROSIS, AMERICAN HEART ASSOCIATION, MENTAL HEALTH ASSOCIATION, AND TULSA AREA UNITED WAY TOCQUEVILLE SOCIETY. IN 2016, THE TULSA CARES BOARD OF DIRECTORS ESTABLISHED THE PATRICIA CHERNICKY LUMINARY AWARD TO HONOR HER LIFETIME ACHIEVEMENTS AND DEDICATION TO TULSA CARES AND THE COMMUNITY.

CHERNICKY'S ENTREPRENEURIAL SPIRIT IS EQUALLY AS IMPRESSIVE. SHE CO-OWNED TULSA’S WNBA BASKETBALL TEAM, THE TULSA SHOCK, FROM 2009 THROUGH 2015. FROM 2009 THROUGH 2018, CHERNICKY SERVED ON THE BOARD OF DIRECTORS OF PATRIOT BANK AND HELD KEY LEADERSHIP ROLES. LAST YEAR, SHE JOINED THE BOARD OF DIRECTORS OF BLUE SKY BANK. CURRENTLY, CHERNICKY IS PRINCIPAL AND MANAGING PARTNER OF TPC STUDIOS, TULSA’S ONLY HYBRID CREATIVITY FIRM DEDICATED TO EVENTS AND BRANDING. ADDITIONALLY, SHE SERVES AS MANAGING PARTNER OF ENDEAVOR HOLDINGS, A COMMERCIAL DEVELOPMENT FIRM ALSO CO-OWNED BY TANNER AND KROTTINGER. ENDEAVOR’S PROPERTIES INCLUDE THE FORMER SWINNEY HARDWARE BUILDING IN THE HEART OF TULSA’S KENDALL-WHITTIER SQUARE AND COMMERCIAL REAL ESTATE IN DOWNTOWN TULSA. “THIS IS A VERY INTERESTING TIME ON BROADWAY AND I’M EXCITED TO JOIN RYAN AND JAY AT TANNINGER ENTERTAINMENT. WE’VE WORKED ON MANY COMMUNITY AND BUSINESS PROJECTS OVER THE PAST 15 YEARS AND I LOOK FORWARD TO BRINGING MY EXPERIENCE TO THIS NEW ENDEAVOR. THE ARTS ARE NOT A LUXURY OF A COMMUNITY; THEY ARE A NECESSITY,” SAID CHERNICKY.

“PAT JOINING TANNINGER ENTERTAINMENT EXPANDS OUR REACH AND BRINGS A FRESH PERSPECTIVE TO OUR LONG-TERM STRATEGIC GOALS,” SAID TANNER. KROTTINGER ALSO EXPRESSED ENTHUSIASM FOR THE NEW PARTNERSHIP, SAYING, “THE SUMMATION OF PAT’S TALENTS CAN ONLY BE DESCRIBED AS BOLD. SHE BRINGS NEW TALENTS AND COMMUNITY RESPECT THAT WILL TAKE TANNINGER ENTERTAINMENT TO NEW HEIGHTS. WE COULD NOT ASK FOR A BETTER BUSINESS PARTNER.” CURRENTLY, TANNER AND KROTTINGER SERVE AS PRODUCERS FOR 9 SHOWS PLAYING THROUGHOUT THE WORLD. IN EARLY MAY, THEIR WEST END PRODUCTION OF COME FROM AWAY WON THE UNITED KINGDOM’S HIGHEST THEATRE HONOR, THE LAURENCE OLIVIER AWARD. ADDITIONALLY, TANNER AND KROTTINGER ARE ASSOCIATE PRODUCERS OF THE BROADWAY REVIVAL OF OKLAHOMA!, WHICH WON THE COVETED TONY AWARD FOR BEST MUSICAL REVIVAL IN EARLY JUNE. IN ADDITION TO THEIR RECENT ACCOLADES, TANNER AND KROTTINGER’S PREVIOUS PRODUCTIONS RECEIVED CRITICAL ACCLAIM. THE PAIR RECEIVED TONY NOMINATIONS FOR BOTH WAITRESS (2016) AND COME FROM AWAY (2017), BOTH CURRENTLY RUNNING ON BROADWAY. IN 2013, THEY TOOK HOME THE TONY AWARD AS CO-PRODUCERS FOR THE REVIVAL OF PIPPIN, STEPHEN SWARTZ’S 1970 TONY AWARD-WINNING MUSICAL. SINCE 2012, TANNER AND KROTTINGER’S BROADWAY PRODUCTIONS HAVE GROSSED OVER $400 MILLION DOLLARS IN GLOBAL TICKET SALES. THEY ARE INCREDIBLY PROUD THAT NEARLY EVERY BROADWAY INVESTMENT DOLLAR HAS COME FROM TULSA.

THE NEW TEAM AT TANNINGER ENTERTAINMENT IS EXCITED TO ANNOUNCE 2 INAUGURAL PROJECTS. THEY RECENTLY JOINED THE PRODUCERS IN THE DEVELOPMENT OF THE NEW MUSICAL THE OUTSIDERS. THE MUSICAL IS BASED ON THE 1967 ICONIC COMING-OF-AGE NOVEL WRITTEN BY FELLOW TULSAN S.E. HINTON. THE STAGE PRODUCTION WILL FEATURE BOOK BY PULITZER PRIZE FINALIST ADAM RAPP, MUSIC AND LYRICS BY AUSTIN-BASED ROCK DUO JONATHAN CLAY AND ZACH CHANCE OF JAMESTOWN REVIVAL WITH JUSTIN LEVINE, CHOREOGRAPHY BY LORIN LATARRO, AND DIRECTION BY LIESL TOMMY.

SECONDLY, IN JULY, TANNINGER ENTERTAINMENT LAUNCHED A $3.5M BROADWAY ENTERTAINMENT FUND. THE FUND’S PRINCIPLE OBJECTIVE IS TO MITIGATE RISK TO INVESTORS BY INVESTING IN DIVERSE THEATRE PROJECTS OVER 3 BROADWAY SEASONS. THIS WILL BE THE FIRM’S BOLDEST PROJECT TO DATE. SINCE THE COMPANY’S INCEPTION IN 2012, ALL BUT 2 SHOWS HAVE RECOUPED AND RETURNED PROFITS TO INVESTORS. THE U.S. NATIONAL RECOUPMENT LIKELIHOOD IS A DISMAL 22%. THE NEW BROADWAY FUND CURRENTLY HOLDS INVESTMENTS OKLAHOMA!, COME FROM AWAY (WEST END), WAITRESS (WEST END), AND BECOMING NANCY.

For Immediate Release