Should arts venues hibernate or adapt in order to survive?

By Toka Data

“At present, the default position appears to be to produce nothing – remain closed, batten down the hatches, and hibernate until we can do things exactly as we did them before. As mentioned, for arts venues with significant overheads this of course makes the most financial sense. In fact, this is a perfectly possible approach as the Recovery Fund does not contain any conditions or incentives to re-open and produce activity. However, whilst remaining closed remains the most financially viable option for venues based on existing business models, there are much deeper, long-term repercussions for artists and audiences. But, in a precariously interdependent model of venues, artists and audiences, this also means there will be a knock-on effect, ironically, on the very venues that are continuing to produce nothing in order to survive”

source: ToksData.com