The Fat Lady Has Sung on the NYC Opera
The New York City Opera has announced this morning that they will begin the process of bankruptcy to dissolve the 70 year old company.
According to the Times, a spokesperson for the company, Risa B. Heller, said, "New York City Opera did not achieve the goal of its emergency appeal. Today, the board and management will begin the necessary financial and operational steps to wind down the company including initiating the Chapter 11 process."
The opera had announced that it needed $7 million by the end of September to mount its full season and an additional $13 million by the end of the year. Unfortunately, they were unable to reach that goal.
"Despite extraordinary difficulties, we have accomplished incredible things in recent years, including producing some of the best art we have ever made," said George Steel, General Manager and Artistic Director. The opera ended its season with a performance of ANNA NICOLE at the Brooklyn Academy of Music.