Theatre company faces final curtain
THE award-winning Red Kettle Theatre Company, which was founded in Waterford almost 30 years ago, is to go into liquidation.
The popular institution is going into liquidation because of trading difficulties.
Since its foundation in 1985 by, among others, renowned playwright Jim Nolan, Red Kettle has produced many Waterford world premieres.
Acting chairwoman of the theatre's board, Frieda Ryan, said she could confirm that the company had started the liquidation process.
"It's obviously very regrettable," she said.
The company's funding had declined in recent years. The Arts Council allocated €226,000 to Red Kettle in 2008, but this had dropped to €145,595 by 2013.
One of the founder members of Red Kettle is current Independent councillor Mary Roche, who said news of the liquidation was "a shock" but it shouldn't be allowed to spell the end of the theatre company.