CMU School of Drama


Friday, April 24, 2026

Industry Pro Newsletter: The UK Is Investing in Theatre — Is It Enough?

www.broadwayworld.com: This week's theatrical news spans continents and scales, but a common thread runs through many of the stories: the ongoing challenge of sustaining live theatre in a shifting cultural and economic landscape. From Wellfleet Harbor Actors Theater suspending operations and Central Works announcing its closure after 36 years, to Duluth Playhouse navigating a leadership transition, regional companies across the U.S. are grappling with the pressures of rising costs and uncertain funding.

2 comments:

Katherine P said...

Some people’s newspage classes from this past week explored the economics of theatre and how, unfortunately, everything is becoming more and more expensive. Many people have said to me before “theatre does not need money, it’s about making art with what you have”. And while it is true that theatre should be focused on making art that tells a story, it is an unfortunate reality that money is the barrier to everything. In order to put on a production, you still need to have a certain amount of funds to buy enough wood and paint for your set, or else you’re just people on a stage; which is fine if that’s the director’s vision, but most definitely not fine if you literally had no money to build a set. Art exposure is so important to introducing creativity to young minds, but also generally promotes empathy and awareness. I wish them the best as they try and navigate this new culture, and hope that people support them in bringing their craft back to the stage.

Mags Holcomb said...

A thriving art scene is the scene is pillar to a thriving country. With less and less government funding we need private investors to step up and take some of the load. We need to work harder to get celebrities and other public figures excited about giving theater money. Be it through the positive press and advertisement or appealing to Hollywood who most likely starting in theater themselves ages ago. We need to up our funding campaigns and focus on funding away from the government which is unpredictable currently.