New York City Opera To File For Bankruptcy
This Weekend Could Be The Last For New York City OperaThe New York City Opera could be going silent after this weekend if it does not collect a total of $7 million.
Without 'Miracle,' City Opera Could Be Days Away From Bankruptcy FilingThe 70-year-old company says it plans to file for bankruptcy and scrap the bulk of its 2013-14 season unless it somehow manages to reach its $7 million fundraising goal by Monday.
NYC Opera Union Seeks Unfair Labor Practice ChargeA union representing workers at the financially troubled New York City Opera says it will file unfair labor practice charges after the board voted to move out of the Lincoln Center and cut staff.
New York City Opera To Leave Lincoln Center, Cut StaffFriday's move comes as the 68-year-old organization deals with a dwindling endowment, a multimillion-dollar deficit, and contentious negotiations with its union staff.