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Sydney Morning Herald
3 days ago
- Business
- Sydney Morning Herald
Sydney Theatre Company still in the red despite record touring box office
A box office boom and success on London's West End have delivered the Sydney Theatre Company a $10 million sugar hit, recording its highest revenue figures in its 45-year history. A calculated risk by STC to launch interstate tours of RBG, of Many, One, as well as Julia and The Dictionary of Lost Words to Brisbane, Melbourne and Adelaide as well as royalties from this week's Tony award-winning The Picture of Dorian Gray, helped bring in a record $47 million to the flagship company last year. The haul served to soften the impacts of a $1 million drop in philanthropy to $3.5 million (after deduction of expenses) triggered by three actors' onstage pro-Palestine protests in November 2023 which prompted a donors' boycott. But it was not enough to put the company back into the black, with STC posting an $8.7 million operating deficit at the end of 2024 or an overall loss of $565,759, after accounting for investment returns, philanthropic donations and government funding. Despite the company's stellar stage success, STC's chief executive Anne Dunn said her company was 'not quite out of the woods'. Loading The company is in discussion with its government funders for additional investment to help it become more financial sustainable and take more risk on new works necessary for the creation of future hits and income. Dunn has also called for tax breaks on preproduction expenses to fund new stage works, as occurs in London. 'There's a deficit still, and we do need to keep working to get the company to a break even or a surplus position going forward,' she said. 'No company can operate forever with deficits. We know we need to take that responsibility seriously, and we do.' It was a tale of contrasting fortunes for the Melbourne Theatre Company, which posted a modest overall surplus of $193,790 in 2024, with about half the revenue and audiences of STC.
The Age
3 days ago
- Business
- The Age
Sydney Theatre Company still in the red despite record touring box office
A box office boom and success on London's West End have delivered the Sydney Theatre Company a $10 million sugar hit, recording its highest revenue figures in its 45-year history. A calculated risk by STC to launch interstate tours of RBG, of Many, One, as well as Julia and The Dictionary of Lost Words to Brisbane, Melbourne and Adelaide as well as royalties from this week's Tony award-winning The Picture of Dorian Gray, helped bring in a record $47 million to the flagship company last year. The haul served to soften the impacts of a $1 million drop in philanthropy to $3.5 million (after deduction of expenses) triggered by three actors' onstage pro-Palestine protests in November 2023 which prompted a donors' boycott. But it was not enough to put the company back into the black, with STC posting an $8.7 million operating deficit at the end of 2024 or an overall loss of $565,759, after accounting for investment returns, philanthropic donations and government funding. Despite the company's stellar stage success, STC's chief executive Anne Dunn said her company was 'not quite out of the woods'. Loading The company is in discussion with its government funders for additional investment to help it become more financial sustainable and take more risk on new works necessary for the creation of future hits and income. Dunn has also called for tax breaks on preproduction expenses to fund new stage works, as occurs in London. 'There's a deficit still, and we do need to keep working to get the company to a break even or a surplus position going forward,' she said. 'No company can operate forever with deficits. We know we need to take that responsibility seriously, and we do.' It was a tale of contrasting fortunes for the Melbourne Theatre Company, which posted a modest overall surplus of $193,790 in 2024, with about half the revenue and audiences of STC.
Scottish Sun
01-05-2025
- Entertainment
- Scottish Sun
People are only just realising the reason why pint glasses have had a bump on them since 1913 and it makes so much sense
Plus, the other clever design features on your glassware CHEERS! People are only just realising the reason why pint glasses have had a bump on them since 1913 and it makes so much sense EVER wondered why pint glasses have a curved bump on the top of them as your enjoying a cold one? Well, it turns out it's not just for looks, the bump is there for a very good reason, and has been for more than a century. 3 The drink whizz explained the reasoning behind the bump on Instagram Credit: Instagram/drinkswithmandy 3 The glass has the savvy design for a very good reason Credit: Getty This comes after drinks pro Mandy Naglich took to social media to share the truth behind the glassware, leaving some pint fanatics stunned. She explained that the bump feature was actually patented way back in 1913 and transformed the standard pint glass into something called the No-nic Pint. The bump isn't just there to look pretty, it's purpose, Many revealed, is to stop the top off the glass from chipping if it falls over. "This was a huge deal to bar owners in the early 1900s when broken glassware was hugely expensive," she explained. Not only that, but the bulge also "makes glasses easier to stack and unstack, and gives tipsy patrons something to hold on to," she added. After sharing the interesting fact on social media people were amazed they didn't know it sooner. One said: "Wow I learned something new today! Thought it was just cause it looked cool." "God I love learning about hidden intentionality in good design," a second said. And someone else chimed in: "This may be the most useful explanation I've ever heard on Instagram." But not everyone was so amazed, one wrote: "Seems like a crazy thing to put out a patent on. Like 'oh you have to give me money if you want glasses that are slightly different'." What is kefir? The fermented milk drink that could improve your energy, skin and even Alzheimer's Meanwhile, beer fans on Reddit shared some other reason pint glasses can be different shapes. "The shape of the glass can do A LOT to help accentuate certain parts of the beer," one user explained. "Certain glasses help perpetuate the aroma of the beer depending on who narrow the glass is at certain points, they added. Not only that, but certain glasses are designed to help diffuse the heat from your hand as you hold it. "That's why in Germany they serve pilsner beers in a stemmed glass, it looks like a stubby wine glasses," the drinks fan pointed out. Some beer glasses are also designed to enhance to look of the drink. For example, the 'Sam Adams' glass is "laser etched a circle at the bottom that give a beer a more effervescent look," they noted. 3 The glass design was made in 1913 Credit: Instagram/drinkswithmandy
The Sun
01-05-2025
- Entertainment
- The Sun
People are only just realising the reason why pint glasses have had a bump on them since 1913 and it makes so much sense
EVER wondered why pint glasses have a curved bump on the top of them as your enjoying a cold one? Well, it turns out it's not just for looks, the bump is there for a very good reason, and has been for more than a century. 3 This comes after drinks pro Mandy Naglich took to social media to share the truth behind the glassware, leaving some pint fanatics stunned. She explained that the bump feature was actually patented way back in 1913 and transformed the standard pint glass into something called the No-nic Pint. The bump isn't just there to look pretty, it's purpose, Many revealed, is to stop the top off the glass from chipping if it falls over. "This was a huge deal to bar owners in the early 1900s when broken glassware was hugely expensive," she explained. Not only that, but the bulge also "makes glasses easier to stack and unstack, and gives tipsy patrons something to hold on to," she added. After sharing the interesting fact on social media people were amazed they didn't know it sooner. One said: "Wow I learned something new today! Thought it was just cause it looked cool." "God I love learning about hidden intentionality in good design," a second said. And someone else chimed in: "This may be the most useful explanation I've ever heard on Instagram." But not everyone was so amazed, one wrote: "Seems like a crazy thing to put out a patent on. Like 'oh you have to give me money if you want glasses that are slightly different'." What is kefir? The fermented milk drink that could improve your energy, skin and even Alzheimer's Meanwhile, beer fans on Reddit shared some other reason pint glasses can be different shapes. "The shape of the glass can do A LOT to help accentuate certain parts of the beer," one user explained. "Certain glasses help perpetuate the aroma of the beer depending on who narrow the glass is at certain points, they added. Not only that, but certain glasses are designed to help diffuse the heat from your hand as you hold it. "That's why in Germany they serve pilsner beers in a stemmed glass, it looks like a stubby wine glasses," the drinks fan pointed out. Some beer glasses are also designed to enhance to look of the drink. For example, the 'Sam Adams' glass is "laser etched a circle at the bottom that give a beer a more effervescent look," they noted. NHS guidelines on drinking alcohol According to the NHS, regularly drinking more than 14 units of alcohol a week risks damaging your health. To keep health risks from alcohol to a low level if you drink most weeks: men and women are advised not to drink more than 14 units a week on a regular basis spread your drinking over 3 or more days if you regularly drink as much as 14 units a week if you want to cut down, try to have several drink-free days each week If you're pregnant or think you could become pregnant, the safest approach is not to drink alcohol at all to keep risks to your baby to a minimum. You read more on the NHS website.
The Irish Sun
01-05-2025
- Entertainment
- The Irish Sun
People are only just realising the reason why pint glasses have had a bump on them since 1913 and it makes so much sense
EVER wondered why pint glasses have a curved bump on the top of them as your enjoying a cold one? Well, it turns out it's not just for looks, the bump is there for a very good reason, and has been for more than a century. Advertisement 3 The drink whizz explained the reasoning behind the bump on Instagram Credit: Instagram/drinkswithmandy 3 The glass has the savvy design for a very good reason Credit: Getty This comes after drinks pro Mandy Naglich took to social media to share the truth behind the glassware, leaving some pint fanatics stunned. She explained that the bump feature was actually patented way back in 1913 and transformed the standard pint glass into something called the No-nic Pint. The bump isn't just there to look pretty, it's purpose, Many revealed, is to stop the top off the glass from chipping if it falls over. "This was a huge deal to bar owners in the early 1900s when broken glassware was hugely expensive," she explained. Advertisement READ MORE ON DRINKS Not only that, but the bulge also "makes glasses easier to stack and unstack, and gives tipsy patrons something to hold on to," she added. After sharing the interesting fact on social media people were amazed they didn't know it sooner. One said: "Wow I learned something new today! Thought it was just cause it looked cool." "God I love learning about hidden intentionality in good design," a second said. Advertisement Most read in Fabulous And someone else chimed in: "This may be the most useful explanation I've ever heard on Instagram." But not everyone was so amazed, one wrote: "Seems like a crazy thing to put out a patent on. Like 'oh you have to give me money if you want glasses that are slightly different'." What is kefir? The fermented milk drink that could improve your energy, skin and even Alzheimer's Meanwhile, beer fans on Reddit shared some other reason pint glasses can be different shapes. "The shape of the glass can do A LOT to help accentuate certain parts of the beer," one user explained. Advertisement "Certain glasses help perpetuate the aroma of the beer depending on who narrow the glass is at certain points, they added. Not only that, but certain glasses are designed to help diffuse the heat from your hand as you hold it. "That's why in Germany they serve pilsner beers in a stemmed glass, it looks like a stubby wine glasses," the drinks fan pointed out. Some beer glasses are also designed to enhance to look of the drink. Advertisement For example, the 'Sam Adams' glass is "laser etched a circle at the bottom that give a beer a more effervescent look," they noted. 3 The glass design was made in 1913 Credit: Instagram/drinkswithmandy NHS guidelines on drinking alcohol According to the NHS, regularly drinking more than 14 units of alcohol a week risks damaging your health. To keep health risks from alcohol to a low level if you drink most weeks: men and women are advised not to drink more than 14 units a week on a regular basis spread your drinking over 3 or more days if you regularly drink as much as 14 units a week if you want to cut down, try to have several drink-free days each week If you're pregnant or think you could become pregnant, the safest approach is not to drink alcohol at all to keep risks to your baby to a minimum. You read more on the
