Trouble at AMT
Fri., Nov. 8, 2002
The Austin Musical Theatre announced on Monday, Nov. 4, that the company "is temporarily suspending operations in efforts to reorganize and refinance the company." AMT cited the nationwide ticket sales recession, underwhelming receipts from its production of My Fair Lady, and a "very tight fundraising environment" as part of the "considerable deficit" it faces today. According to Executive Director David Jenkins, AMT must secure $500,000 by Nov. 18 to resume operations. For the company's official statement, check www.amtpresents.org. For more information or to offer assistance to AMT, e-mail [email protected]. Stay tuned to this space for any updates.
