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  • Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’

    BUSINESS

    The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.

    The Old Vic Theatre increased its loss last year despite the venue putting on the highest grossing show in its history, Groundhog Day the musical, and audience numbers returning to their pre-pandemic levels.

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