TORONTO - A sentencing hearing for the two theatre impresarios found guilty of cooking Livent's books has been postponed until later this week.

Garth Drabinsky and Myron Gottlieb were found guilty of cooking their company's books and defrauding investors of millions.

The sentencing for the duo behind such hits as ""The Phantom of the Opera" and "Show Boat" was tentatively put over until Thursday as the judge waits for a jury to return its verdict in a different matter.

Lawyers are expected back to either begin their arguments or set a new date on Thursday.

Drabinsky, who was named to the Order of Canada, and his business partner, Gottlieb, deliberately misrepresented their company's finances before it went public in the early 1990s.

The convictions on two counts each of fraud and one of forgery carry respective maximum sentences of 10 and 14 years.

The men, who have not been in custody, pleaded not guilty to all charges, arguing that underlings had cooked the books without their knowledge.