Hong Kong is proposing a revamp of its public arts funding model, shifting from a permanent system to one based on merit and commercial returns. This change aims to provide more opportunities for newer performing arts groups, though established companies are concerned about realistic targets and the impact of the economic downturn on securing private funds. The debate centers on how to effectively measure artistic merit and commercial success to ensure public funds are allocated appropriately for the development of the sector. AI
RANK_REASON Article discusses proposed policy changes and industry debate regarding arts funding, not a core AI event.
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