It looks like they're pausing to re-assess rather than just giving up the ghost entirely, and I hope that's true. It really is a phenomenal old space and, playing optimistic, this may give them the opportunity they need to think about how they can build a more sustainable model, and better serve and represent their community. If they want a mustachioed young director with ties to the community to come help out, I will say this: I'm cold. Pasadena? 67 degrees. Wind: Calm.
Arts-business heartbreak quote:
Eich said the playhouse had pinned its hopes on finding a donor who would give $5 million to have the 684-seat main stage named in his or her honor, but that never materialized.
Emphasis mine. (Hat Tip: LRN)