Oscars Telecast Falls To All-Time Low Audience

The live show was broadcast by ABC and it attracted an average of 26.5 million viewers according to Nielsen, a 20 percent decline on last year’s 32.9 million. The previous record low was set in 2008 when 31.8 million viewers tuned in to watch Jon Stewart host the event. That year, Oscar chaos was narrowly avoided after an 11-week writers’ strike in Hollywood.

Have Interest Rate Swaps Trapped Chicago Arts Institutions?

Lyric Opera entered into a swap agreement in 2006 to cover $40 million in bonds. The fixed rate that Lyric’s paying is 3.8 percent, while the variable rate it’s getting in return is now 1.58 percent. Over the 12 years that the swap has existed, Lyric’s paid about $16.8 million for it. During that same period, the cost of interest on the bonds amounted to about $4 million. But Lyric is hardly alone in this. A look at financial statements from a few randomly selected cultural organizations suggests that it’s the rule for our major institutions, not the exception.

How AI Took Over A Community Of Knitters

“The knitting project has been a particularly fun one so far just because it ended up being a dialogue between this computer program and these knitters that went over my head in a lot of ways. The computer would spit out a whole bunch of instructions that I couldn’t read and the knitters would say, this is the funniest thing I’ve ever read.”

Report: Arts Economy In Colorado Now Bigger Than Mining, Agriculture

The U.S. Bureau of Economic Analysis and the National Endowment for the Arts on Tuesday unveiled their most recent analysis of the economic impact of arts and culture in the U.S. In 2015, the year with the most recent reporting data, goods and services generated by museums, architecture firms, artists and other artistically inclined businesses and agencies accounted for 4.3 percent of the Colorado’s GDP, the feds say. It was part of $763.6 billion arts and culture contributed to the U.S. economy as a whole that year, 4.2 percent of GDP and more than mainstay industries like agriculture and transportation. Creative industries accounted for a $20 billion trade surplus that year, according to the analysis.

Mark Oppenheimer Wrote A Dumb Story. Twitter Slammed Him. This Is A Problem.

“In the week to come, I received one of those public Twitter and Facebook shamings that writers now expect as an occupational hazard. Hundreds or possibly thousands of people, including close friends and professional colleagues, wrote or shared critiques of my piece; wondered in public what had become of me; lamented my decline (which had the strangely complimentary effect of suggesting that I had some status to lose, which few writers ever really feel they do).”

In Buffalo: Debate About A Museum-As-Architectural-Treasure

Since Bunshaft’s addition opened in 1962, the art world has grown exponentially, diverging into a countless thematic streams and mediums, from monumental sculptures demanding monumental spaces to purely conceptual art requiring no space at all. The unpredictability of the art world and its growth into countless new disciplines demands a different kind of museum than Bunshaft or his contemporaries could have conceived. This uncertainty, coupled with a desire to reconnect with segments of the public long alienated from the art world, has driven expanding museums to favor vast public spaces and highly adaptable galleries over the more intimate spaces of the past.