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UK's lockdown-hit arts venues to get $2B rescue package
Read full article: UK's lockdown-hit arts venues to get $2B rescue packageThe 1.57 million pound ($1.96 billion) package for museums, galleries, theaters, movie theaters, heritage sites and music venues includes almost 900 million pounds in grants and more than 200 million pounds in loans. Details of how the money will be distributed have not been released, but leaders of arts organizations breathed a sigh of relief at the announcement. But social distancing rules and an almost total absence of tourists mean they face a big financial hit. Theaters and concert venues have not been told when they can admit audiences, and several have already announced they will close permanently. I just want to be a bit realistic about the challenges of getting us back to that point any time soon.