10 FEBRUARY 1973, Page 17

Will Waspe

New theatres for old is a proposition with attractions as illusory as Abanazer's deal with the lamps. The catch is that the new ones are so costly to build that the rentals go soaring. It might have been good news for some that a new theatre would be incorporated in the block due to replace London's Arts Theatre, but the cheer leaders don't include the Unicorn Theatre for Young People, whose lease of the Arts expires in March. Deprived last week of their founder-director by the tragically early death of Caryl Jenner, this pioneering group is now desperately seeking new premises to accommodate its large membership, for they have no hope of being able to compete with the commercial impresarios to rent the theatre in the lavish complex envisaged on their present site.

Risky business

I hear that producer Charles Ross is seeking another batch of ' Little Angels' — small-sum investors who want to flutter on backing West End productions. I wish him, and them, better_ luck than the last batch, who saw their money sunk into two successive flops in 1971 and lost the whole stake.

Independent?

Although the IBA's ruling not only that

the regional ITV companies will be permitted to show the Warhol film but that they must show it is being vigorously contested by Anglia TV, the executives of that company would, in fact, be'happy to lose the fight. They feel it would put Anglia in a powerful bargaining position to pressure the IBA into ordering the network to take some of their programmes for which they — unlike ATV and Granada — have hell's own time getting full coverage.