Music and Economic Recovery
Long battered by business closings and abandonment, Detroit has also become a laboratory for artistic entrepreneurship. Some local musicians are hoping to take advantage of huge new tax breaks for recording artists and restore some of the city’s faded Motown glory. Meanwhile, urban planners are hoping to replicate the “Bilboa Effect” – the idea that an investment in the arts can transform the fortunes of a city.
Today, a look at Detroit’s cultural fortunes with Mark Stryker, the arts reporter and music critic of the Detroit Free Press; Andras Szanto, a cultural consultant with AEA Consulting; and Katherine Yung, a reporter with the Detroit Free Press.