Options Appraisal for Future Operation and Governance
Leeds City Council commissioned FEI to undertake a review of Leeds Grand Theatre (1500 seats), City Varieties Music Hall (cap.450), and Hyde Park Picture House (250 seats). The FEI team provided recommendations regarding the future governance and operation of the group taking into account the current financial position and the imperative for change; the aspirations for the cultural life of the City; the inclusion of a Learning Programme; and the Opera North residency. A business review, soft market testing, advice on interim management and an implementation plan were provided. A detailed options appraisal concluded that a revitalised independent trust with a commercial operator offered the best chance of meeting the Council’s objectives.