North Carolina Theatre (NCT) files for Chapter 11 bankruptcy, suspends 2024 season due to pandemic-related financial challenges.

North Carolina Theatre (NCT) files for Chapter 11 bankruptcy, suspends 2024 season due to financial restructuring. Citing pandemic-related challenges such as increased production costs, reduced sponsorships, and a slow return of audiences, NCT will continue its NCT Conservatory, focusing on educational growth for students. The theatre aims to reorganize and emerge as a top regional theatre.