Thursday, December 04, 2008
After the shattering news that Atlanta's Theatre of the Stars had to cancel "Tarzan" the musical after taking hundreds of thousands in investment money from AMTSJ and a Dallas company, the show is still listed on their web site's season page. I am sure they just haven't gotten around to updating it yet, but in an article I found in The Atlanta Journal-Constitution, it seems that AMTSJ may have jumped the gun a little . The president of the Atlanta theater, Nick Manos, says this, “We realize there are other theaters that were affected by this, and we were working with them behind the scenes on solutions. San Jose apparently took matters into its own hands and sent out a press release [on Monday]."
Could it be that they Manos was actually going to try and come up with a financial solution, but because AMTSJ made it public right way, Manos was rendered ineffective? How would AMT's action of sending out a press release, prevent the theatres from salvaging the situation. AMT certtainly couldn't just lay off all of there employees without making some kind of public statement.
The fact is the economy is nailing everyone now and the arts are going to be hurt badly. The Atlanta company was merely trying to save it's own skin.