Dafydd Rogers of Daffyd Rogers and David Pugh Ltd discusses investing in theatre.

And Michael Hampton interviews Dominic and Terence Frisby about their project Kisses On A Postcard.

Kisses On A Postcard Website. Kisses On A Postcard Brochure.

Theatre During Recession (from a soon-to-be published article):

But don’t audience numbers decline during recessions? Surprisingly, the reverse is true. Recession has famously favoured theatre. In the 1989-94 recession attendance actually rose by 5%, going from just under 11 million to 11.5 million. (That number sits around 12 million today). Data is not available for earlier periods, but it is a time-and-again proven fact that people’s need for entertainment and, in particular, escapist stories increases during hard times. ‘When the economy dives, Hollywood thrives’, runs the saying. The 1930s, for example, saw the rise of the Hollywood musical. More recently, The Rocky Horror Show opened during the 1973-4 oil crisis, and Jesus Christ Superstar just before; Cats – on which investors made an annual dividend of more than their original investment every year for 21 years and are still making money now – began in the depths of the 1979-82 recession; Miss Saigon opened during the 1989-93 recession. All made lots of money for their investors.

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