Bums on Seatem

The second financial collapse of the Keith Prowse ticket agency in 16 years comes as little surprise to the clients working with the 230-year-old company. Creditors reportedly began issuing winding-up orders as early as January. That it became mired in financial difficulty, despite owning a major West End ticketing agency and a box office service tied to numerous major clients, to me is a mystery. With every single Society of London Theatre report selling us of the ever-expanding success of West End theatres and low-interest rates keeping the recession affordable for well-off homeowners, how did it go so wrong? If bums on seats were, put in the most layman of terms, all Seatem needed for success, wasn’t now the best chance of survival?