Trump-led Board Weighs Immediate Closure as Kennedy Center Faces Bankruptcy
TL;DR
According to the Washington Post, the John F. Kennedy Center for the Performing Arts is near bankruptcy, with a Trump-led board reportedly recommending immediate closure of the main building due to rising costs and inability to meet payroll and maintenance; the center faces a revenue shortfall, renovation needs, and declining ticket sales, while donor response to Trump’s leadership has been mixed.
- US Kennedy Center faces bankruptcy, Washington Post reports Al Jazeera
- Kennedy Center could close as soon as Tuesday due to impending bankruptcy reports say WUSA9
- Reports: Kennedy Center warns of bankruptcy unless Trump’s name returns CNN
- Trump’s Kennedy Center takeover has pushed this nearby restaurant to the brink The Washington Post
- Kennedy Center Warns of Bankruptcy Unless Trump’s Name Is Added The New York Times
Want the full story? Read the original reporting
Read on Al Jazeera