TORONTO — The beleaguered Hot Docs Film Festival says it's closing its flagship Toronto theatre for about three months and laying off staff amid financial difficulties.
Hot Docs says it's facing a substantial operating deficit due to slow post-pandemic recovery and it needs to conduct an extensive review of its programming and finances.Hot Docs says anyone who purchased a ticket for a screening or event taking place after June 12 will get an automatic refund, and patrons will be notified if certain events are rescheduled or moved to another venue.
Organizers said the 31st edition of the festival that wrapped in early May was a success, with attendance reaching near pre-pandemic levels and box office revenue exceeding targets by 12 per cent.In a separate statement Wednesday, Hot Docs said its leadership team needs to"pause, recalibrate and strategically plan a sustainable future" for the organization.
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