Art or box office? How Hong Kong plans to measure the value of a play, ballet or symphony

Established performing arts groups in Hong Kong should reduce their reliance on public subsidies to make room for emerging companies, industry experts have said, after the city leader announced in his latest policy address that the government would revamp its current funding model in favour of a non-permanent system based on merit and commercial returns. But a few directors of the city’s nine designated major performing arts groups in music, dance and theatre said the economic downturn had made...