The announcement follows a study comparing arts in London, Shanghai and New York. “Figures reveal that London has 55 major theatres, compared to New York’s 39 and Shangai’s 19, and stages 17,285 theatrical performances annually – nearly 5,000 more than New York. The capital also presents 10,000 more music performances each year than the American city, with a total of 32,292, and hosts 200 annual festivals.”