Feld Shuts Down Company For 2003/04

Eliot Feld’s Ballet Tech is suspending operations for the 2003/04 season, citing difficulty in raising money. “The suspension is the first among major American dance companies as they try to cope with the troubled economy. “There has been a general consolidation within many of the companies. Companies have shortened seasons and downsized dancers. Middle-size companies like Mr. Feld’s, which has 14 dancers and a budget of $4 million, appeared to be struggling the hardest.”