Staged investment
13 September 2012
Stage productions are big business – and they come with
big financial risks. AT discovers the modern-day patrons who are funding the shows... and reaping the rewards.
It’s rare for an individual to ask his accountant to help him invest his hard-earned cash in a way that promises high risk and generally low returns. Accountants have many words for such clients, but in the theatre, they are known as ‘angels’ – speculative backers of shows who are generally less interested in financial reward than in continuing a great national...