Diane Ragsdale posts to her Jumper blog:
...the past couple of weeks I’ve been thinking about the problem of chronic undercapitalization and its effects on the sector in the context of the final performances of the Merce Cunningham Dance Company on New Year’s Eve. The planned closure (aka Living Legacy Plan) of this renowned company has been both refreshing and disconcerting to a field that has become accustomed to dance companies struggling to sustain themselves and preserve the legacies of their founders after death. Merce had witnessed the disappointing trajectories of more than a few companies; he understood what could happen to his own company over time if it tried to persevere without the infusion of new works and his presence.