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]
Money pit
By La Cieca La Cieca
James Jorden (who wrote under the names "La Cieca" and "Our Own JJ") was the founder and editor of parterre box. During his 20 year career as an opera critic he wrote for the New York Times, Opera, Gay City News, Opera Now, Musical America and the New York Post. He also raised his voice in punditry on National Public Radio. From time to time he directed opera, including three unsuccessful productions of Don Giovanni. He also contributed a regular column on opera for the New York Observer. James died in October 2023.
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Tell us: What was the best of 2025?
Parterre Box concludes the thrilling first year of Talk of the Town by inviting your lightning rod opinions on several more categories of operatic argumentation.
