“The Australian Ballet forfeited $32 million [Aus] in ticket revenue [and posted $2.4 million in operating losses] for 2020, a pandemic blow that it has only survived thanks to an outpouring of community and government support, plus a decision to raid its reserves and sell off investments. … It bucks the trend of many other major arts organisations including Victorian Opera, Melbourne Symphony Orchestra and Sydney Symphony Orchestra which chalked up pandemic profits on the back of continued government funding without the costs of performance.” – The Age (Melbourne)
