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Stock impact report

Sharing Is The Future Of The Arts [Forbes]

SeaChange International, Inc. (SEAC) 
Last seachange international, inc. earnings: 4/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.schange.com
Company Research Source: Forbes
Your rent has been going up, your utilities are more every month, and the cost of groceries keeps climbing while your wages are stagnant, and your bank account is nearing insolvency. You might try getting a roommate (or two), cutting back on the heat and air conditioning, taking fewer car service rides, packing your lunch, and letting the cleaning person go. Or you might start sharing those rides, teaming up with a partner to start a new business, or sharing your cleaning person with other apartments in the building. This is exactly the situation that many arts organizations find themselves in today. They are stuck with buildings, theaters, and offices that they can't afford. Their labor costs are increasing at a rate higher than inflation and utility bills are seemingly out of control. Audiences are not returning at the same rate they were before the pandemic, and many funders and patrons have either moved out of cities or moved on to other causes. These colliding parts of the Show less Read more
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