Budget Woes For Boston’s Wang

When Boston’s Wang Center announced last month that it was severing ties with the perpetually strapped Boston Ballet, and that it would replace the company’s Nutcracker performances with a touring Rockettes show next season, it was seen as a severe blow to the ballet company. But upon closer inspection, it may be the Wang Center which is in the more serious fiscal hole: “It has steadily been beaten out for marquee productions by for-profit Broadway in Boston, a division of Clear Channel Entertainment… And the Wang’s attempts to invest in productions such as last month’s Thoroughly Modern Millie have so far resulted in losses.”