San Diego Opera Board Member Donates $1 Million to Help Financial Woes
By: Christina Mancuso Apr. 07, 2014
San Diego Opera board member Carol Lazier is donating $1 million to help the financial troubles of the company.
The San Diego Opera's board of directors voted last week to postpone the deadline for closure until April 29.
"I gave the money to encourage us to rescind the dissolution vote as soon as possible. Having four full-scale productions is clearly unsustainable in our community. What would a re-tooled and financially stable season and company look like? A company with new fundraising methods, new repertoire, new cost saving measures and an inspired future? One supported by a community already now broader, more innovative, and more emotionally committed than I have ever seen?
" If we close, 400 jobs will be lost and all our assets, including our profitable scenic studio will be sold off. Our city's reputation will be tarnished. How can 'America's finest city' not have an opera company? Perhaps this is the blessing of a near death experience - the capacity to nurture this new life we have been given."
Read the full article here.
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