NEWS

A&B report warns of sponsorship downturn

Private investment in the arts, particularly from businesses, is likely to decrease in 2009, with a further and more significant drop in the following year, according to the latest report by Arts & Business (A&B), previewed exclusively by AP. Funding from trusts and foundations is also likely to fall, and the severity of the recession means that “the climate is expected to remain quite dire”, but A&B believes that the...

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