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Royal Shakespeare Company cuts ties with BP
Read full article: Royal Shakespeare Company cuts ties with BPThe Royal Shakespeare Company's theater is on the banks of the River Avon in Stratford-upon-Avon, England. (CNN) - The Royal Shakespeare Company (RSC) has said it is dropping its long-term sponsor, BP, a week after British school students wrote to the theatrical organization threatening a boycott. BP has been sponsoring the theater company's discounted 5 ($6) tickets for 16- to 25-year-olds since 2013. BP executives said they were "disappointed and dismayed" at the "premature end" of the partnership, according to a statement on the company's website. The company said BP is acting to change, saying: "We're dismayed because we share many of the concerns that apparently contributed to the decision.