The Saban Theatre opened as the Fox Wilshire Theatre and for several decades was one of 20th Century Fox's premiere theaters, serving as a movie palace until a 1981 renovation converted it into a stage venue. It was operated by the Nederlander Organization from 1981 to 1989. It is now regularly used as a live performance venue for comedy, music, television, film shoots, screenings, and community intercultural events such as PaleyFest. Temple of the Arts has owned and operated the theatre since 2005. Sterling Venue Ventures, led by Lance Sterling currently produces over 50 concerts and events at the Saban per year. Notable performers Sterling has brought to the theatre include Marillion, Paul Anka, Burt Bacharach, Frankie Valli, Styx, George Thorogood, Kenny Loggins, Todd Rundgren, and Morris Day.