Headshot of La Cieca

Cher Public

  • "All “growth,R 21; “adventure,& #8221; “iconoclasti c” in..." - redbear
  • "Why has no one mentioned the need to promulgate-nay, institutionalize&# 8211;the..." - Krunoslav
  • "Ok, but it’s crazy to think of the Komische as small. Yes, they’re..." - Bluebeard
  • "Bluebeard, what I’m saying is that the model for running a smaller, regional..." - Poison Ivy
  • "As far as I’m aware, the problem with attracting premiere singers at Bayreuth..." - Bluebeard
  • "good points Ivy, but wouldn’t you agree that some changes are still..." - antikitschychick
  • "Not to stray too far from the discussion from Ianw’s liquid shits, but for my..." - m. croche
  • "Just a couple of details: – The Komische Oper draws singers primarily from a..." - Fluffy-net

Moody’s blues

Last week, Moody’s Investor Services delivered yet another piece of yet another piece of bad news for the Metropolitan Opera.  They downgraded the Met’s debt offering one grade from “A3″ to “Baa1.”  They justified the lowered rating by pointing to the estimated $22 million dollar operating deficit in the fiscal year ending in July 2014 and the Met’s decision to borrow more money using their Chagall murals as collateral.   Read more »

The voice of the pundit

Our Own Dawn Fatale (artist’s conception, above) will take to the airwaves of Bloomberg Radio this evening at 9:00 pm to discuss the Met’s current woes. You can listen on Sirius XM Channel 119. online, or on your iPhone or Android phone.

UPDATE: this interview is now available as a podcast (after the jump.) Read more »

It’s over

“New York City Opera, created 70 years ago as the ‘people’s opera,’ expects to file for bankruptcy protection on Oct. 2 and either liquidate in court or be sold to another institution, its lawyer said.” [Bloomberg]

fleming_pensive

Even smiling makes my face ache

You might even call it “fun.”

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It’s not where you start

The Metropolitan Opera expects to achieve a balanced budget in 2011, the first for the company since 2004. In other good news, contributions and grants were up about 21% between 2009 and 2010; program service revenue rose about 6% in the same period. Maestro James Levine took a 5% pay cut, sending his 2010 compensation tumbling to only $1.5 million. [Bloomberg]

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The trappings and the suits of NYCO

At a time when New York’s opera companies are supposed to be going into estivation (I mean, Peter Gelb is in Vietnam, for heaven’s sake!) there’s certainly no lack of breaking news about New York City Opera. Today’s heart-rending roundup, after the jump. 

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