New York City Opera to close for bankruptcy after 70 years
BOO HOO CRY ME A RIVER YOU VOTED FOR OBAMA AND THIS IS HOW HE PAYS YOU
Atmosphere during "Anna Nicole The Opera" Opening Night on September, 17
Photo: AFP
The
second opera company in the city considered the cultural capital of the
United States opened in 1944 and had set out to make the art more
accessible and affordable to the masses.
But
the deadline on an emergency appeal expired at midnight Monday with the
company collecting only $2 million of the $7 million it needed to keep
its doors open.
"New York City Opera did not achieve the goal of its emergency appeal," spokeswoman Risa Heller said in a statement.
"Today,
the board and management will begin the necessary financial and
operational steps to wind down the company including initiating the
Chapter 11 process," she added.
The company's board decided last week to file for bankruptcy if the sum was not met.
NYCO
has helped launch the careers of several thousand young singers,
including greats Placido Domingo and American soprano Beverly Sills.
But
it has suffered financial difficulties for a number of years. In 2010,
the company was forced to move out of the Lincoln Center to Lower
Manhattan and reduce its number of productions.
The
company on Tuesday announced an end of a $1 million fundraising
campaign on Kickstarter, which only managed to raise $300,000, and the
cancellation of the 2013-14 season.
Set
up with the encouragement of then New York mayor Fiorello La Guardia,
who dubbed the company "the people's opera", current mayor Michael
Bloomberg, has been reluctant to get involved.
While
he said he would be "sad" if the opera company closed, neither the city
administration nor his private foundation would save it, The New York
Times reported on Monday.
"The business model doesn't seem to be working," he was quoted as saying.
Saturday's
performance of Mark-Anthony Turnage's "Anna Nicole" at the Brooklyn
Academy of Music (BAM) was the company's last. Some of the musicians
were in tears at the end of the evening.
The
production had been the US premiere of an opera based on the life and
death of the model and actress Anna Nicole Smith, who died of a sedative
and prescription drugs overdose in 2007.
The opera was billed on the company's website as confronting the "issues of modern celebrity, greed and exploitation".
BAM paid tribute to NYCO and said it was "saddened" by the news.
"New
York City Opera has been an adventurous cultural colleague and has
brought wonderful productions to BAM's opera house stage over the past
few years," executive producer Joseph Melillo said in a statement.
Spanish superstar tenor Domingo has also spoken publicly about NYCO's demise.
"I
am only one among many, many singers who have had essential early
training and encouragement with this company over the 70 years of its
existence," he was quoted as saying by The Wall Street Journal.
"I
think it's terrible that a city as big and as wealthy as New York can't
support a second major opera company - one that is able to take risks
with repertoire, engage relatively inexperienced singers, and make other
experiments," Domingo said.
Voice of Russia, AFP
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