‘We won’t be bouncing back’ – the unsettling truth about the big reopening

Culture | The Guardian: “If we had to close down again,” says Andrew Lloyd Webber, “we couldn’t survive.” Webber is staging his new musical Cinderella, with book by Oscar-winner Emerald Fennell, in a full-capacity theatre in July, having already delayed its premiere twice. He has mortgaged his house in London and will be selling one of his seven theatres. “It cost £1m a month to keep them dark,” he says. “You can’t just lock them up and throw away the key. I don’t run the theatres for profit and there wasn’t a reserve.”