Amid Financial Crisis, British Theatre Will Hurt, Not Perish

“Inevitably, the West End will find it harder to attract investors and harder to shift tickets,” but might there be an upside for smaller companies? “Perhaps the credit crunch will mean that many more wake up to the fact that fringe tickets are often terrific value and offer an overall experience that is often far more enjoyable than that in the West End.”

Le Clézio Deserves The Nobel — And More English Readers

“While the storm in an imperialist teacup about the award of this year’s Nobel prize for literature to JMG Le Clézio rages on, and the debate about the ills and virtues of American writing simmers away, I fear the fierce debate is overshadowing the fact he is a most worthy winner of the prestigious prize. That he is virtually out of print in English is both sad and a reflection of our traditional insularity and lack of curiosity for foreign culture.”

Bidding Begins On Rodgers & Hammerstein Organization

“The first round of bidding has begun for the Rodgers & Hammerstein Organization, the privately held company that controls what is probably the most valuable back catalog in the theater business. Gag orders seem to be all over the place, but word is that the bidders include Disney, Sony, Andrew Lloyd Webber and the Ambassador Theater Group, a London-based company.”

More News You Can Use: Tips On Theatre Bargains In NYC

Far be it from us to interpret the appearance today of cheap-ticket tips in two New York City dailies as a portent of doom. Nonetheless: “The new and improved TKTS booth opens next Thursday at 3 p.m. – and not a minute too soon. With the economy tighter than the Naked Cowboy’s trunks, saving dough is more than ever on everyone’s mind.”