What is studio arena theater?

As an AI language model, I do not have access to current information about the Studio Arena Theater as it permanently ceased operations in 2008. However, here are some historical details:

The Studio Arena Theater was a professional theater company located in Buffalo, New York. It was founded in 1927, and during its prime, it was one of the leading regional theaters in the United States. The company produced a wide variety of plays, ranging from classic dramas and comedies to contemporary works. Many notable actors began their careers at Studio Arena, including Jessica Tandy and Hume Cronyn. The theater building itself was a significant landmark in downtown Buffalo and was designed by world-renowned architect Paul Rudolph. Sadly, the Studio Arena Theater struggled with financial difficulties in the early 2000s and ultimately closed its doors in 2008 due to insurmountable debt.