Shakespeare's Globe theaters sets stage for new funding for culture

March 27, 2015 6:33 PM

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LONDON (Thomson Reuters Foundation) - - William Shakespeare's Globe theaters is taking on a new role as a financial trail-blazer by seeking to tap into a form of funding dominated to date by social enterprises and charities.

The Globe theaters on the banks of the River Thames in London is in the early stages of preparing a five million pound ($7.5 million) social impact bond which it hopes will help finance a new library, archive and research center.

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