Shakespeare's Globe calls for urgent funding to avoid permanent closure
Posted on 21/05/2020
Having been shut since the 20th of March because of the coronavirus pandemic, Shakespeare's Globe Theatre has called for urgent funding to avoid closing its doors permanently, and warned MPs it is "critically vulnerable and at risk of closure in the wake of Covid-19".
A world-renowned institution in danger
Ineligible for Arts Council England's relief, the institution was left without any help or support during the Coronavirus pandemic, and they said they would need at least £5m to get back on their feet.
"Without emergency funding and the continuation of the coronavirus job retention scheme, we will spend down our reserves and become insolvent. This has been financially devastating and could even be terminal", the theatre commented.
Because the Globe doesn't get annual funding from Arts Council England, it is ineligible for emergency relief funds. But the theatre is usually funded through ticket sales, guided tours, education workshops, retail and catering, which are all impossible for now because the theatre cannot be open to the public.
The Globe has been open since 1997 and is a replica of an Elizabethan playhouse, hosting many events and celebrating Shakespeare's impact on the world with famous actors such as Sir Ian McKellen, Dame Judi Dench, Ralph Fiennes and David Tennant.
"Shakespeare's Globe is a world-renowned institution and not only part of our national identity, but a leading example of the major contribution the arts make to our economy. For this national treasure to succumb to Covid-19 would be a tragedy", said Conservative MP Julian Knight.