An Artful Pivot : The Indicator from Planet Money

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After considering postponing or filming a play, a Philadelphia theater company resorted to transforming its stage play into a radio drama amid extended coronavirus lockdowns.

The performing arts industry — an industry worth tens of billions of dollars — has been hit harder than almost any other part of the economy. Its very business model requires what the lockdowns have been designed to prevent: live audience events, where people are packed into enclosed spaces, like theaters and concert halls and opera houses. It will be some time before people can gather in that way again.

Most performing arts organizations operate on tight margins at the best of times. And live arts performances are usually quite speculative endeavors, financially. So the business shutdowns necessitated by the response to the spread of coronavirus have put these kinds of companies under particular strain.

Still, as in other industries, performing arts companies are adjusting and innovating in a bid to make it through. Today we look at one company, the Wilma Theater, to see how it's responding to this existential threat. And how its story reflects the struggles of performing arts organizations all across the country.

 

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Awesome idea!! Radio drama allows the imagination to have fun

I love the old fashioned radio dramas!!!

AM900CHML plays old radio shows from the 40’s and 50’ every night from 10-1. Like getting a bedtime story read to you. Good for them. It’s a different way of acting

That's what radio used to do all the time.

Great idea!

At least I can fall asleep in the middle without offending anyone now.

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