Shakespeare’s Globe theater in London could be shuttered permanently because of coronavirus restrictions. The art space, a reconstruction of the original playhouse where William Shakespeare showcased his most famous work, is on the brink of bankruptcy since closing amid the pandemic in March. “Despite being well-managed, well governed, and – crucially – able to operate without public subsidy, we will not be able to survive this crisis,” British lawmakers heard on Monday as they weighed COVID-19’s impact on the creative industry, according to the Guardian.
The world-renowned theater has implemented “radical cost-cutting” but isn’t eligible for emergency funds that are available to other arts organizations.