Arts Council England withdrew regular funding to the Brewhouse in 2005 and Somerset County Council cut all its arts funding in 2010.
BBC: Volunteers sought to help run Brewhouse Theatre in Taunton
To make matters worse, a third highly-anticipated FPS, Medal of Honour: Warfighter, recently launched to a barrage of negative reviews, prompting publisher Electronic Arts to cut its earnings forecast.
The usual culprits are to blame: overemphasis on testing, cut backs to music and arts programs.
But maybe it's not unreasonable to cut the huge subsidies going to liberal arts degrees.
We have worked with the Arts Council to ensure that frontline arts organisations have their budgets cut by no more than 15% over the next four years.
"When you cut something somewhere, in this case the arts, there is a whole area of entertainment - restaurants, bars, cafes - they will notice the effects, " she says.
Derby City Council has announced plans to cut funding to some of the city's main arts and culture venues.
One reason why it is hard to design and teach such courses is that they cut across the insistence by top American universities that liberal-arts education and professional education should be kept separate, taught in different schools.
My daughter and I realize that she may not be Harvard material, but some of the high achievers like her may find some of the elite liberal arts colleges, which also happen to have rather cut-throat low admit rates, can be a great fit.
His strategy is to streamline their finances, eliminate debt, and cut down administrative costs so that any surplus income can be spent on the arts rather than the suits.
For Business Scotland, I learned from Joanna Baker, managing director of the Edinburgh International Festival, that continental European arts organisations are having to adjust, some of them very fast, to a sharp cut in their subsidy.
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