Shakespeare's Globe Theatre in London, which has continued to stage the Bard’s famous plays, as well as other theatrical performances and tours, may be permanently closed, even after lockdown measures are lifted.
According to CNN, the threat of closure mostly stems from the fact that the theater does not qualify for the Arts Council England’s emergency relief funding, despite submitting for the assistance. The theater told the BBC that it would need £5 million GBP (over $6 million USD) to stay up and running. About 95 percent of The Globe’s revenue depends on visitors who come for tours and plays, so the lack of tourists has certainly led to some financial struggles, according to the BBC.
The Globe Theatre has been continuing to engage its audiences while still in lockdown, offering an online video service where anyone can stream their favorite Globe performances. Though it isn’t free, it costs about as much as a movie rental on other paid streaming services.
Source:ANDREA ROMANO