The full statement from Vulcan Inc.:
Like so many businesses worldwide, the economic impacts of the COVID-19 crisis require Vulcan to assess its size and structure to maximize effectiveness and impact, and continue to evolve as an organization following the death of our co-founder. We have made the extremely hard decision to close two divisions over the next several months as we move to a future that will be changed in untold ways by the pandemic. This means we are winding down both Vulcan Arts + Entertainment and Vulcan Productions by the end of the year.
The pandemic has had devastating effects on many businesses and nonprofits alike, especially those that rely on public gatherings and special events as part of achieving their mission.
For this reason, Living Computers: Museum + Labs will remain closed for now and spend the coming months reassessing if, how, and when to reopen. Cinerama’s renovation was already paused given the pandemic, and will also stay closed for the foreseeable future. The Seattle Art Fair, which was already cancelled for 2020, will take some time to see how the situation and art world calendar evolve before deciding any further plans. And similarly, the board of the Flying Heritage and Combat Armor Museum in Everett has decided it will also remain closed for now to evaluate if, how, and when to reopen. We have also made the extremely difficult decision to permanently close h Club LA and are beginning the proposal process toward closing the original h Club in London.
Vulcan Productions will continue to work with their trusted partners and co-producers to wind down and transition projects this year, doing their best to set these projects up for success as we make a gradual exit.
We are proud of the hundreds of thousands of people that have been educated, entertained, and inspired by these unique institutions and film projects, and their global impact cannot be underestimated. Vulcan remains committed to its mission of making and leaving the world a better place, and we are grateful to each and every team member for the dedication and commitment they have exhibited on a daily basis. It is through their expertise and passion for our mission that we have accomplished so much in these projects throughout the years.
Read the entire article at this link: Future of Seattle’s Cinerama and Living Computers museum in doubt At the Internet Archive: Future of Seattle’s Cinerama and Living Computers museum in doubt