Subsidy drop pinches Oz theater qroup

Boland, Michael
June 2006
Daily Variety;6/6/2006, Vol. 291 Issue 46, p14
Trade Publication
The article reports on the financial performance of the Sydney Theater Co. in the New South Wales in 2005. The company has posted a deficit of $93,000 despite registering the second-highest box-office in its history and record sponsorship in 2005. According to Chairman James Strong, the company had tight control on costs and that all income streams, except ticketing, were performing according to expectations.


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