Texas Ballet Crisis Has Rallied A Community

“Depending on whom you talk to, the 48-year-old ballet group is either facing imminent death or simply weathering the kind of economic storm that periodically afflicts many nonprofit arts groups. But a bright side has emerged as TBT goes about righting the ship. The groundswell of support that rose up when the company’s troubles came to light may have surprised even the ballet organizers, and it has brought in well over $1 million thus far.”

The End Of Publishing? (Depends On How You Look At It)

“A certain segment of the publishing industry is in jeopardy: literary (with a capital L) fiction. More specifically, literary fiction from New York publishers. Look at who is doing the hand-wringing, who is doing the worrying. If this is the end (and it’s not), then what, exactly, is ending? There is much to be done for the publishing business to become a lean, mean, 21st (and beyond) century machine. The industry as a whole is woefully behind when it comes to digitization of books.”

UK Survey: Kids’ Reading Losing Ground To TV, Internet

“A survey of more than 1,500 parents by books charity Booktrust found that only one in three parents are reading to their children daily, down from 43% two years ago. The average four to five-year-old spends twice as long watching TV every week as they do reading with their parents, while secondary school starters spend more time doing their chores (46 minutes) than reading with their parents (41 minutes).”

Lessons From The Hirst Sale: Art Market Is Immune To Bad Economy

“The auction’s triumph suggests that the current art market is invulnerable to a general economic slowdown, in part because purchases of high-end art tend to involve long waits for specific works or pieces by in-demand artists–not impulse buys easily discouraged by downbeat headlines. Plus, collectors are typically cash-rich individuals or institutions, and today more of them are from Russia and the Persian Gulf States.”