Saturday, January 30, 2010
Pasadena Playhouse Will Shut Down; Bankruptcy Eyed
Yahoo! News: "Pasadena Playhouse, the State Theatre of California, announced on Jan. 29 that it will shutter Feb. 7 after the run of Camelot. But the not-for-profit's leaders intend 'to explore viable options of financial reorganization, including bankruptcy.'"
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I think this is so sad. I've lived in LA my whole life, so this hits close to home. I would like to say that just from reading this article, especially the quotes from the executive director, I get the impression that they are handling the situation very professionally with a lot of ease and class. I'm not sure how it's actually going down, or what the financial situation is in great detail, but the article captivates the spirit of the Pasadena Playhouse in a very attractive light. I'm drawn to this in particular, because I think it grants a lot of respect to the people battling through this financial crisis. I'm eager to see what happens.
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