Saturday, October 11, 2008
Broadway & the Economy
Obviously, the economic meltdown is permeating all parts of popular culture these days. So in keeping with my musical theater interest, here's a story about how Broadway is effected by Wall Street. Some new productions, the article notes, have already lost an investor or two. Both for-profit and nonprofit theaters are struggling. At the local level, I'm sure many community theaters will face a difficult year of both fundraising and attracting audiences. Even I have to admit that I may need to cut down on my entertainment budget for awhile.