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September 5, 2008
How you can spot an economic downturn . . .
The Bloomberg.com:Muse headline link is: Fewer $25,000 Gala Tables This Summer as Hamptons Arts Groups Woo Donors
"With this economy, people are a little more hesitant to spend money,'' said Weisbrodt, creative director of the Byrd Hoffman Watermill Foundation, which operates the Watermill Center, an artists' residency program. "You can certainly feel a different climate. Instead of buying a $25,000 table, they buy a $15,000 table.''. . .
"Watermill is a place where artists can create without the pressures of the market,'' said [Rufus] Wainwright, who performed new music he set to Shakespeare's sonnets for a crowd that included Calvin Klein and Isabella Rossellini. "It's the process that counts, and that's important to our society.''
Awwww. Poor artists, depending on patrons like that.
Posted by CrankyProfessor at September 5, 2008 7:27 PM