William Shakespeare Britain tv video film broadway Funding William Shakespeare Britain

Shakespeare’s Globe Theatre Facing Extinction Without Emergency Funding

Reading now: 534
deadline.com

By Jake Kanter International TV Editor London’s Iconic Shakespeare’s Globe Theatre has said it is facing closure because the coronavirus pandemic has had a “devastating” impact on its finances.

In a stark submission to a UK parliamentary committee, the 23-year-old institution warned that if it is unable to open its doors before September, it will require £5M ($6M) in urgent funding to avoid collapse. “Without emergency funding and the continuation of the Coronavirus Job Retention Scheme, we will spend down our reserves and become insolvent,” Shakespeare’s Globe said in evidence to the Digital, Culture, Media and Sport Committee.

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA