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NYC Opera to file for bankruptcy
Associated Press ^ | Oct 1, 2013 4:14 PM EDT | Ronald Blum

Posted on 10/01/2013 1:18:25 PM PDT by Olog-hai

New York City Opera said Tuesday it is shutting down and filing for bankruptcy protection after seven decades as a fixture on the metropolitan cultural scene.

The company announced Sept. 12 that it needed to raise $7 million by the end of September. Spokeswoman Risa Heller said about $2 million had been raised, plus another $301,019 was pledged from 2,108 donors in an online campaign. …

Junior to and often feistier than the Metropolitan Opera, City Opera was a spawning ground for top opera talent that included Beverly Sills, Placido Domingo, Renee Fleming and Samuel Ramey.

But it was derailed by a series of decisions by its board, which included going dark for the 2008-09 season while its auditorium at Lincoln Center was reconstructed; hiring Gerard Mortier as artistic director only to have him back out before starting; and leaving Lincoln Center after the 2010-11 season and playing at various venues throughout the city under general manager George Steel. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Arts/Photography; Business/Economy; Music/Entertainment; Society
KEYWORDS: bankruptcy; chapter11; finearts; newyork; nycopera
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1 posted on 10/01/2013 1:18:25 PM PDT by Olog-hai
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To: Olog-hai

The fat lady has sung?!


2 posted on 10/01/2013 1:19:12 PM PDT by OwenKellogg (Why are people dying in no gun zones?)
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To: Olog-hai
♫The money's gone...♪♫

3 posted on 10/01/2013 1:22:00 PM PDT by DannyTN
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To: Olog-hai

Bush’s fault! Republican’s fault!


4 posted on 10/01/2013 1:22:54 PM PDT by Veggie Todd
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To: Olog-hai

I’m sorry to hear this.


5 posted on 10/01/2013 1:23:45 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: miss marmelstein

PING


6 posted on 10/01/2013 1:27:24 PM PDT by Roccus
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To: Olog-hai

Opera prices through the roof, NYers paying way to much to live in the suburbs even, NY programs simply invite importing low life’s and they think it opera can survive?


7 posted on 10/01/2013 1:29:17 PM PDT by Beowulf9
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To: Olog-hai

Handwriting on the wall. Opera depends on donations from well-to-do donors who are into culture. And it’s pretty clear what is going to be happening to THEIR disposable income once DeBlasio becomes Mayor.


8 posted on 10/01/2013 1:34:02 PM PDT by Buckeye McFrog
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To: Olog-hai

Sad news. I’ve always enjoyed the NYC Opera productions I have seen on PBS. I don’t go to the opera anymore here in Houston. My wife and I were season ticket holders for several years. The expense was one reason we stopped going. The main reason was the “Eurotrash” style of production that seems to afflict every opera house these days.


9 posted on 10/01/2013 1:34:10 PM PDT by Sans-Culotte ( Pray for Obama- Psalm 109:8)
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To: DannyTN

10 posted on 10/01/2013 1:37:50 PM PDT by jimbo123
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To: Olog-hai; a fool in paradise; Slings and Arrows
Has she sung?


11 posted on 10/01/2013 1:37:52 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Olog-hai

But I assume the Metropolitan Opera is still in business?


12 posted on 10/01/2013 1:50:50 PM PDT by crusty old prospector
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To: Sans-Culotte
The expense was one reason we stopped going. The main reason was the “Eurotrash” style of production that seems to afflict every opera house these days.

Finally someone else saying what I believe.. I'm not at all happy about the rising prices, but what we have been getting, isn't worth it..

13 posted on 10/01/2013 1:54:52 PM PDT by carlo3b (Speechless in Sugar Land)
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To: Olog-hai
It was bad management...


14 posted on 10/01/2013 1:59:09 PM PDT by Ken H (First rule of gun safety - have a gun)
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To: Beowulf9

Can’t the FED print some money to support them as they do for most other NY Residents?


15 posted on 10/01/2013 2:10:12 PM PDT by PGR88
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To: Olog-hai
In a cultural vacuum, nobody can hear you sing.

16 posted on 10/01/2013 2:14:45 PM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: jimbo123

“With my sword and magic helmet”

Always a classic!


17 posted on 10/01/2013 2:18:35 PM PDT by DannyTN
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To: jimbo123

“With my sword and magic helmet”

Always a classic!


18 posted on 10/01/2013 2:18:35 PM PDT by DannyTN
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To: DannyTN
"Kill The Wabbit!"
19 posted on 10/01/2013 2:23:52 PM PDT by Billthedrill
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To: DannyTN
That would be “spear and magic helmet”, IIRC. AFAICR, it was Siegfried (whom Fudd was parodying) that carried a sword, and used it to shatter Wotan’s spear.
20 posted on 10/01/2013 2:27:19 PM PDT by Olog-hai
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