The good news is that the Met reduced its operating deficit for 2008-2009 to $1.3 million, down from $12.2 million a year earlier. The bad news is the company’s assets fell by $72.6 million (down to $422.7 million) primarily because of investment losses. In other news, the Met paid James Levine a bit more than Peter Gelb received for the fiscal year, slightly over $1.5 million. (La Cieca will now sit back and listen to the online explanations of how unfair this is, because Jimmy actually makes music whereas Gelb just sits in an office all day thinking about how much he hates opera.) [via Bloomberg]
We’ve all had a rough time in the last few years; but cultural institutions have had it worse than they could have possibly imagined. With a business model that relies entirely on private donations to achieve fiscal viability, the challenge to make ends meet has never been greater. Read more »
Pyrotechnics abound when Angela Meade stars in Opera Orchestra of New York’s production of Donizetti’s tragic love story, Parisina d’Este, conducted by OONY founder Eve Queler on May 4, 2016 at the Frederick P. Rose Hall at Jazz at Lincoln Center. OONY last performed this opera in 1974 starring Montserrat Caballé. The remaining cast features a group of young international artists including American tenor Aaron Blake in the role of Ugo, Chinese baritone Yunpeng Wang in the role of Duke Azzo, Serbian bass Sava Vemic in the role of Ernesto, and American Soprano Mia Pafumi in the role of Imelda. Don’t miss this thrilling, rare Donizetti gem.! Remaining tickets are on sale at the Jazz at Lincoln Center box office. Read more »
With all due respect to our charming new commenter Nina Munk, the difference between the Met and the Bavarian State Opera is not something that can be measured in dollars or euros. It’s more about aesthetic sensibility.