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FOR IMMEDIATE RELEASECONTACT:    Carol LaRosaclarosa@nsmt.org978-232-7235NORTH SHORE MUSIC THEATRE UNABLE TO RAISE FUNDS NEEDED FOR NEW BUSINESS MODEL AND UPCOMING SEASON(June 16, 2009, Beverly, MA) – North Shore Music Theatre (NSMT) officials announced today that the financially distressed theater has failed to raise $2 million in philanthropic commitments to fund a new business model and launch a 2009 season. Although more than $500,000 in pledges have been made since the theater announced a turn-around strategy in mid April, officials of the theater say that time has run out to raise the bal
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