New York City Opera
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NEW YORK (CBSNewYork/AP) – New York City Opera said the company will file for bankruptcy protection and wind down operations after failing to raise enough money to stage the rest of its season. “It’s very […]
The New York City Opera could be going silent after this weekend if it does not collect a total of $7 million.
The 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.
The New York City Opera company said this weekend that it will have to suspend its season unless it raises $7 million by the end of the month.
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On Sunday, hours after talks broke down, the cash-strapped company canceled Monday rehearsals for a Feb. 12 opening production of Verdi’s “La Traviata” in Brooklyn.
The union members say they’re being offered a contract that would gut the chorus and orchestra, strip them of health and other benefits and turn them into freelancers. And they say they’re not even guaranteed a minimum number of work weeks.
A 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.
Friday’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.
It’s nothing to sing about. Lincoln Center says it has detected bedbugs at the complex’s opera house.
The discovery was made in a dressing room of its David H. Koch Theater. It’s the home of the New York City Ballet and the New York City Opera.