This big four award giving organization is broke and trying to restructure their debt.

Their income is 30-40% lower than they forecast when they set up the payments.

Nothing like saying your industry is in the crapper than having the big award organization file bankrupt

Tony Awards

Broadway’s Tony Awards Are Finally Happening – Behind A Paywall

After months of murk, the Tony Awards finally have a clear date: September 26. However, if you’ve been hoping to celebrate your favorite Broadway blockbuster after a long dark year, you’ll need to pay up: half of the event will be streamed exclusively to subscribers of Paramount Plus.

Honoring the last crop of shows to open before the pandemic, the Tonys will now be a two-parter. First, the majority of awards will be presented in a live ceremony (that’s the streamed exclusive), set to begin at 7:00 Eastern. Immediately following, a two-hour event billed as “Broadway’s Back!” will air on CBS. Described in a press release as “a live concert event, featuring superstar Broadway entertainers and Tony Award winners,” it will showcase performances from the Best Musical nominees, as well as the live presentation of awards for Best Play, Best Revival of a Play, and Best Musical. – Source

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