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Despite highlighting news that Harvard and Brown Universities are investing heavily in the arts sector, Sydney Skybetter is “concerned by how rarely artists profit from the value they produce”.

"The essence of counterpoint is simultaneity of voices, preternatural control of resources, apparently endless inventiveness."    — Edward Said

Last Monday, Yale University announced a $150 million gift from billionaire Stephen Schwarzman to create a new performing arts center named in his honor. Yale President Peter Salvoney, announcing the plan, said:

"The Schwarzman Center will make for a more connected and creative Yale, one that is poised for greater global leadership in the years ahead."

Last month, Harvard University announced a new concentration in theater, dance and media. Citing a groundswell of interest in the arts, Harvard President Drew Faust — $5 million from her discretionary fund in hand — proclaimed:

"The theater, dance, and media concentration is a true reflection of our shared commitment to strengthening the study and practice of the arts at Harvard."

Last year, Brown University announced a strategic initiative in the arts that will culminate in a new performance venue. Its president, Christina Paxson, underlined the increasing strategic importance of the arts in a research context... Keep reading on The Clyde Fitch Report

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