“Very few collaboratively designed dance centers exist in other cities. In this economic climate, working together, sharing space and resources, and creating a destination that aligns with surrounding facilities is a win-win situation.”
Tag: 02.01.09
Kentucky Rep Theatre Going Down For The Count?
“Record high gas prices last year, along with a 50 percent drop in area tourism and a loss of donations from supporters hurt by the stock market slump, have left the professional theater in financial crisis. The theater, now in its 33rd year, was operating in the black until the confluence of these negative economic factors. It now faces a $350,000 budget shortfall for the upcoming year.”
Report: Philly Arts Groups Holding Their Own In Recession
“Overall, the survey of 92 area organizations of varying sizes and from a broad range of disciplines reported that earned income had increased or remained relatively flat at most responding institutions. Just-released national figures show similar stability in earned revenues in recent months.”
Concert Biz Had A Good 2008 (But Will It Continue?)
“The good news is that the concert industry really didn’t have that bad of a year in 2008 even as economic conditions worsened. Overall, revenue was up 7.8 percent to $4.2 billion, though ticket sales dropped 3 percent. The revenue was sustained by record-high ticket prices: an average of nearly $67 a ticket for the 100 top-grossing shows. Overall, ticket prices have more than doubled in the last decade.”
Do Opera’s Young-Artist Programs Create Real Stars?
“Although the apprenticeship programs were developed to keep talent from fleeing the country, they have also helped create an increasingly closed circle in the opera world. In effect, entries on a résumé can come to be as important as that elusive, unteachable quantity: artistic excellence. And some critics believe the programs have produced a rather bland crop of performers.”