The Royal Shakespeare Company reports that it lost £1 million last year, “bringing its cumulative loses to £2.4 million. The company’s experimental season at London’s Roundhouse was “a financial disaster even though artistically it had its moments.” And this is the company with ambitious reorganization plans. “for the first time the staggering costs of the company’s reorganisation have become clear. Its administrators are budgeting on spending at least £9.2 million.”