When I first heard that they were $300,000 in the hole, I was shocked. The financial crisis had hit a lot of places in a lot of different ways, but it seemed like a lot of money to suddenly go missing. Way too much money. I was actually very gratified to read that article, because then it makes sense. Plus I was glad to find that there were consequences for someone. Like the bankers and the bailout, too often with arts organizations, they have these shortfalls and whatnot and do these fundraising pushes, but the people at the top keep their jobs. That doesn't make any sense at all. If we expect the CEO of Lehman Brothers to step down, we should expect the CEO of a theatre to step down. We should expect the board to step down. Their whole job, legally, is to check the numbers and make sure everything is kosher. And clearly, they didn't.
- Matthew Freeman is a Brooklyn based playwright with a BFA from Emerson College. His plays include THE DEATH OF KING ARTHUR, REASONS FOR MOVING, THE GREAT ESCAPE, THE AMERICANS, THE WHITE SWALLOW, AN INTERVIEW WITH THE AUTHOR, THE MOST WONDERFUL LOVE, WHEN IS A CLOCK, GLEE CLUB, THAT OLD SOFT SHOE and BRANDYWINE DISTILLERY FIRE. He served as Assistant Producer and Senior Writer for the live webcast from Times Square on New Year's Eve 2010-2012. As a freelance writer, he has contributed to Gamespy, Premiere, Complex Magazine, Maxim Online, and MTV Magazine. His plays have been published by Playscripts, Inc., New York Theatre Experience, and Samuel French.
Friday, January 09, 2009
99 seats on Magic Theatre
I'm entirely in favor of speaking with our wallets and contributing to the Magic Theatre. I think that there are far more corrupt industries that are handed billions of tax payer dollars in order to protect them from failure. But... 99 seats has some food for thought I think is really worthwhile. He's holding them to account for their own management and that's fair game. I hope that if they are able to avoid closure, they learn from it.
Posted by Freeman at 8:30 AM