Posted in music on January 16, 2009

Bugs opera

Just as it was riding high in the opera world, the Metropolitan Opera has been bludgeoned by the recession and now faces a "disaster scenario" unless the company finds major cost cuts, including concessions from its powerful unions, the Met's general manager, Peter Gelb, said on Thursday.

Its once-mighty endowment of more than $300 million has dropped by a third, to a point where it cannot be drawn from; donations are down by $10 million this season; and ticket sales are expected to be off by several million dollars from what was expected, Mr. Gelb said in an interview.

Mr. Gelb said that he and senior staff members have taken a 10 percent pay cut and that the rest of the staff would do so at the end of the fiscal year, which concludes after the season. He said at least four expensive productions have been canceled or replaced next season as well. [NY Times]

What's Opera Doc?

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Comments (3)

this is terrible. everybody go see Orfeo NOW...

Posted by church of james levine | January 16, 2009 11:10 AM

"Oooooooooh!!! Wait til I get dat waaaaabbit!"

"Whaaaaaatcha gonna do wit a waaaaabbit?
Caaaaaantcha see that I'm much sweet-ter?
IIIIIIII'm yer little sen-yor-ee-ter!"

Posted by Mel Blanc | January 16, 2009 11:49 AM

"Oooooooooh!!! Wait til I get dat waaaaabbit!"

"Whaaaaaatcha gonna do wit a waaaaabbit?
Caaaaaantcha see that I'm much sweet-ter?
IIIIIIII'm yer little sen-yor-ee-ter!"

Posted by Fax Service Malaysia | February 2, 2013 4:56 PM

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