The Princess Theatre, which is by the side of the harbour, is owned by Torbay Council and operated by ATG (Ambassador Theatre Group). It was previously owned by Live Nation Theatres, but they sold their theatres to ATG for 100 million pounds in 2009. With about 1,500 seats, it is Torquay's largest theatre and plays host to touring independent production companies. The Princess Theatre also holds weddings and other functions such as parties and large seminars. TOADS Theatre Company operates the Little Theatre in Meadfoot in the converted St Mark's Church, hosting both the company's own productions and those of visiting societies. Babbacombe Theatre is located on Babbacombe Downs and describes itself as having the longest-running summer season in the country, which lasts nine months.