Old Vic theatre is in 'seriously perilous' position, warns Matthew Warchus
Covid-19 crisis draining theatre’s reserves, says artistic director, who announces new community schemes and streamed showsCoronavirus and culture – a list of major cancellationsUK live music and festival sector at risk of collapseThe Old Vic, one of London’s oldest and most illustrious theatres, is in a “seriously perilous” financial situation caused by the Covid-19 crisis, says its artistic director, Matthew Warchus.Warchus said that the Old Vic is one of a group of organisations, including Shakespeare’s Globe, the Royal Academy and the Royal Albert Hall, that have “significant cultural presence but, unusually, no government funding”. The theatre is a charity that...
