By Claudio Iván Remeseira | Posted Saturday, September 6, 2013, at 7:45 pm ET. Last Modified: Sat. Sept. 6 at 1:15 p.m. ET.
Three major festivals that emerged in New York City over the past decade and that have been celebrated as the logical sequel to the nation's Hispanic demographic boom --the New York International Latino Film Festival, the Latino International Theater Festival of New York, known as TeatroStageFestival, and the Queens Theater in the Park's Chase Latino Cultural Festival-- announced almost simultaneously that they will be no longer.
Rising costs, sponsors desertion, and funding difficulties are cited as the main causes for the shutdown. But the question remains of whether the city's cultural organizations are really willing to host this kind of events.