As the news cycle has been dominated with concerns over the debt ceiling and the potential dangers associate with default, we are painfully reminded that our economy is far from stable. It seems increasingly likely that the way forward will include some kind of austerity measures, such as spending cuts, downsizing of government agencies, and entitlement reforms.
Many Americans would probably argue that these measures are reflective of what many households have had to do in recent years in order to make ends meet. Such conditions have of course been a severe hit to many arts organizations. Patrons are trimming their entertainment budgets; corporations and foundations are limiting donations, et cetera, et cetera. We all know this story.
In spite of this, we still see major regional theatres mounting massively expensive productions at high ticket prices. What is even more interesting is the growing number of discounted tickets being sold by the theatres via websites such as Groupon and Goldstar, which suggests a difficulty in filling the house at such high prices. Read the rest of this entry »
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Every country, society, and culture places a different value on the arts.