Results 1 to 4 of 4

Thread: The Rise and Fall of the RSC

  1. #1
    Pillar of the Community margaret's Avatar
    Join Date
    Sep 2018
    Posts
    1,891

    Exclamation The Rise and Fall of the RSC

    This could be devastating for Stratford tourism and in general..
    Personally, we used go and enjoy going about 20 years ago, but really we have been tracking and tracing its headlong decline over the years since.
    Its not so much that the RSC had a bad business model, it seems to me it did not have a business model at all. They aggressively pursued a sort of social justice virtue signalling agenda, which was not only mildly offensive at times to anyone with an abiding interest in history and culture but also financially stupid, because they were only catering for a tiny minority, The plays were being quarried for political point scoring and agenda driven themes, which has nothing to do with Shakespeare.



    https://leamingtonobserver.co.uk/new...XRnsX5dglZsHeg
    Last edited by margaret; 08-10-2020 at 08:24 AM.
    I doubt sometimes whether a quiet and unagitated life would have suited me - yet I sometimes long for it.

    - Lord Byron.

  2. #2
    Administrator Lex's Avatar
    Join Date
    Jun 2012
    Location
    Stratford
    Posts
    8,254

    Default

    I was surprised that the RSC is claiming it's short of money, especially with all the assets it owns & has been able to afford to buy over the last few years; not to mention the 'refurbishment'.
    The company's whole purpose seems to be to milk as much money as is can from anyone they can; I always assumes it was sitting on a fortune.

  3. #3
    Pillar of the Community margaret's Avatar
    Join Date
    Sep 2018
    Posts
    1,891

    Default

    Yes and they also got a huge grant to destroy the facade!
    The land along there was gifted by the Flowers Brewery family, and the money for the Swan Theatre was gifted by an American billionaire. When you look at the way these people have destroyed what is a world class franchise , it makes you want to weep.
    I doubt sometimes whether a quiet and unagitated life would have suited me - yet I sometimes long for it.

    - Lord Byron.

  4. #4
    Super Moderator rebbonk's Avatar
    Join Date
    Oct 2017
    Location
    Coventry
    Posts
    4,173

    Default

    They may well be asset rich but cash poor. Plenty of companies go out of business due to running out of cash rather than having no assets.

    In business there are 2 firm rules. 1) Cash is king. 2) Turnover is vanity, profit is sanity.
    Of course it'll fit, you just need a bigger hammer.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •