With 2 million owed to creditors and no way to pay, the current production of Camelot looks to be its last. Thirty seven employees will be out of work after the final curtain February 7th.
Stephen Eich, executive director of the Pasadena Playhouse, has said he is looking for ways to fulfill his obligation to current subscribers amidst massive financial restructuring and possible bankruptcy.
Attempts to find a donor to name the main auditorium after have thus far proved fruitless, as corporate donations have dwindled.
The company was founded in 1917, and the building itself built in the twenties, this is a huge loss for the arts, and a huge loss for theatre. I truly hope they find a way to re-open their doors soon.