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News & Arts

Tuesday, October 27, 2009

Theater Hope Springs Eternal

Posted by Brendan Kiley on Tue, Oct 27, 2009 at 10:13 AM

Theater Communications Group has just released a snapshot survey of theaters around the country.

The results are not good.

• Around half of theatres surveyed ended or anticipate ending their fiscal year in a deficit situation;

• For nearly half of the theatres, their year-end result was worse than their original budget (i.e., their surplus was less, their deficit was more or they thought they would break even and instead had a deficit);

TunnelBug
The Palace Theater in Gary, Indiana.

In good news, the majority of theaters reported that subscription and single tickets sales were holding steady or rising.

“The overall condition,” said Eyring “is one of cautious optimism.”

I don't know, Eyring. If the budgets are still crashing and the deficits are still rising—despite the hold/increase in ticket sales—theaters around the country will continue to close. Especially this deep into the recession, when a couple years of austerity and planning should've started showing results.

Comments (3) RSS

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I always feel bad for Brendan and Jen because they get so few comments on their posts because few people care about the arts or art news so I feel obligated to post something...

maybe you should be more controversial...post a nudie pix to stir up the NSFW commenters or post stuff designed to rile certain posters like Loveschild or anything to stir up trouble between Will and Fnarf...that should do the trick.

Posted by michael strangeways

on October 27, 2009 at 2:15 PM

This picture is just about exactly what I would've expected the Palace Theatre in Gary, Indiana to look like. Coming soon: Palace Theatre in Detroit, Michigan.

Posted by Justin on October 27, 2009 at 8:09 PM

the rest of Gary, Indiana looks like that too.

Posted by Kevin Jones on October 28, 2009 at 7:57 AM