> supposedly nonexistent fixed costs are almost half that!
Indeed. Revenue in excess of costs is the definition of profitable.
> Counterhistorical nonexistence requires no subsidy, and these private tours choose the subsidized venue because it's the best deal for them.
Sometimes they do sometimes they don’t. There are also for profit venues operating in this space and the PAC’s are for the most part operating in a market rate environment when it comes to pop culture performances and events.
I’m just sure. I literally rented an opera house recently. PAC venues compete with hotels and for profit music venues like Livenation and AEG and event spaces for this business and and it’s generally a profitable arm of what they do.
They use the profits from pop culture and corporate stuff alongside the arts endowments, donations, and subsidies, to fund their fine arts mission.
> supposedly nonexistent fixed costs are almost half that!
Indeed. Revenue in excess of costs is the definition of profitable.
> Counterhistorical nonexistence requires no subsidy, and these private tours choose the subsidized venue because it's the best deal for them.
Sometimes they do sometimes they don’t. There are also for profit venues operating in this space and the PAC’s are for the most part operating in a market rate environment when it comes to pop culture performances and events.
I’m just sure. I literally rented an opera house recently. PAC venues compete with hotels and for profit music venues like Livenation and AEG and event spaces for this business and and it’s generally a profitable arm of what they do.
They use the profits from pop culture and corporate stuff alongside the arts endowments, donations, and subsidies, to fund their fine arts mission.
Like Cats, for example.