Altice USA (NYSE:ATUS) and The Shed, a new arts center opening in Manhattan’s west side next spring, have entered into a multi-year $25 million partnership. Altice USA will be The Shed’s exclusive connectivity provider, supplying the new nonprofit organization with a fiber network and infrastructure, as well as WiFi service.
Altice USA CEO Dexter Goei has joined The Shed’s board of directors to help the organization fulfill its mission to commission original works of art across all disciplines in New York City.
“Connecting audiences in inspiring and memorable ways is core to The Shed’s mission and a guiding principle that we share with Altice USA,” said Dan Doctoroff, chairman and president of The Shed’s board of directors. “Technology moves at an increasingly rapid pace. The deep infrastructure and configuration Altice USA is providing The Shed on this unprecedented scale is essential to our long-term viability as an accessible and adaptable arts center with global reach.”
“Altice USA and The Shed share a critical focus to help connect people with experiences that make a lasting impact in their lives,” said Goei. “As a company whose mission centers on innovation and providing meaningful connections, we are thrilled to partner with The Shed and enable audiences to experience art and culture through a hyper-connected environment that is powered by our state-of-the-art fiber network and advanced technology. We look forward to collaborating with The Shed as it becomes a true cultural centerpiece that inspires creative and intellectual curiosity.”
The Shed’s building is a 200,000-square-foot transformable, movable structure designed by Diller Scofidio + Renfro, lead architect, and Rockwell Group, collaborating architect. The Shed’s multiple spaces can adapt to accommodate a variety of art forms and audiences. The spaces include two column-free galleries for exhibitions; a 500-seat black-box theater that can be subdivided; a skylit event space; and a creative lab for artists to develop new work. The hallmark of The Shed is its telescoping outer “shell,” which can be deployed over the adjoining plaza to create a 17,000-square-foot light-, sound-, and temperature-controlled multi-use hall to accommodate large-scale performances, installations, and events.