Komedia Bath announce Successful £380,000 Campaign for Common-Ownership.
With 273 new owners and counting Komedia Bath hit their £350,000 target with 24 hours to spare! They went on to raise another £30,000 before the offer closed, bringing the total raised to £380,000.
The team at Komedia Bath would like to thank all their new members and supporters for enabling them to step into the future as a Community Benefit Society 100% owned by their members.
Eleanor Household, Head of Development says “This confirms what we thought we already knew; that there is a real appetite in our city and the surrounding area for a strong creative offer. We thought it was worth fighting to keep and it seems our community agrees. We are all over the moon with the outcome.”
The organisation will now convert the business from an independent venture to a Community Benefit Society.
Richard Daws, Venue Founder says “Our aim with the Komedia brand has always been to provide a platform to nurture, enhance and protect live entertainment in this country.” He continues, “This remarkable show of support demonstrates a new way to build permanence into the arts.”
Komedia Bath hope their groundbreaking campaign offers encouragement to other small and mid-scale venues faced with similar challenges and that the rapid closure of these important venues nationally can be halted.