The Age
·general
·1 hour ago
Deficit drama for Melbourne Theatre Company as it posts $3.9m loss
Melbourne Theatre Company posted a $3.9 million net deficit for 2025 as ticket revenue fell $1.1 million to $13.4 million and donations dropped $1.1 million to $1.85 million. Expenses rose $2.4 million to $28 million, with salaries increasing $1.5 million to $18.8 million. Chair Martin Hosking attributed the turnaround to economic pressures and shifting audience behaviors, including reduced subscription uptake.
Summary by Glance · The Age
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