A press release from the Met grippingly begins, “In a fiscal year that challenged the nation’s largest performing arts organization to find a more sustainable financial model for the future, the Metropolitan Opera incurred an estimated $22 million budget shortfall for the 2013-14 season, it was announced today.” Read more »
UPDATE: The Met has responded to the presentation from Local 802 et. al.
PREVIOUSLY: La Cieca has come into possession of an interesting presentation, with fonts and everything, from Local 802, American Federation of Musicians, and the Metropolitan Opera Orchestra, outlining their solution for the current financial crisis at the Metropolitan Opera. You may not be surprised to learn that their cost-saving stratagems include slashing the company’s budget for new productions, media and administrative costs, while increasing pay to the orchestra. Read more »
Your conduit to the spirit world, La Cieca, isn’t feeling quite as clairvoyante as usual today, cher public, so she’s going to ask your help in predicting what will happen in the course of the Met’s current labor negotiations.
Alan Gordon, embedded journalist, reports from inside the first AGMA/Met negotiation session.
Peter Gelb sent out an email to the “Public Bulletin Board” earlier today, noting that “inaccurate rumors [are] flying around” and attempting to clarify the Met’s position on upcoming union negotiations.
Coming as Peter Gelb did from the music industry, opera lovers hoped that he would display a more distinctive knack for casting and an improved talent pipeline than Joe Volpe offered during the waning years of his tenure.
Alan Gordon has mass emailed AGAM again, and La Cieca’s got a copy of the missive.
Short answer: yes. But let’s begin by dismissing the a blatant canard. One thing that the Metropolitan Opera does not need to do is to scale back the number of performances in a season.
The Met’s financial challenges are not meteorological, demographic, or cyclical; they are structural.