Current:Home > MarketsUS-focused Opera News, to cease publication in November after 87 years -WealthMindset Learning
US-focused Opera News, to cease publication in November after 87 years
View
Date:2025-04-17 15:46:41
NEW YIORK (AP) — Opera News, an 87-year-old publication focused on the Metropolitan Opera and spotlighting the art form in the U.S., will print its final issue in November and be incorporated into Britain-based Opera magazine.
The Met announced Tuesday that the Metropolitan Opera Guild, a separate company formed in 1935 by Eleanor Belmont to aid the opera house, will scale back operations and become a supporting organization of the Met. The opera company will take over the education program that allows about 12,000 school children each year to attend dress rehearsals.
Opera News has a 43,000 circulation, including 32,000 in print and 11,000 digital. It is distributed to 28,000 Guild members and has an additional 9,000 paid subscribers. After publishing biweekly during the opera season since 1940, Opera News added monthly summer editions in 1972 and switched to a year-round monthly schedule in 2008.
“It really is the result of several years of declining economic fortunes,” Met general manager Peter Gelb said. “What they’re suffering is what many non-profits have been suffering, which is a situation where the earned revenues and donations are not enough to keep up with the expenses.”
Eleanor Belmont, a philanthropist married to financier August Belmont Jr., founded the guild to increase public support for the Met at a time the company’s finances were struggling during the Great Depression.
The guild had revenue of $3.2 million in the fiscal year ending June 30, 2022, a drop from $4 million in the prior year. That was down from $11.9 million in the year ending June 30, 2019, the last before the coronavirus pandemic.
The Met said 20 Guild employees will get severance packages but the opera company hoped to hire several. Guild board members are being invited to join the Met board. The annual Opera News Awards and luncheon honoring singers will be discontinued.
Opera magazine has 20,000 print subscribers and estimates it has 60,000 readers. It has a four-person editorial office.
John Allison, Opera’s editor, said it had not yet been decided whether to arrange a U.S. printing plant. Rebecca Paller, who has written for Opera, will become its U.S. editor, and Opera will add a focus on Met theater telecasts and radio broadcasts,
“We’ve always covered the American scene in a lot of detail, and here really what we’ll be doing is just I guess you might say upgrading the American coverage,” Allison said. “In that sense, it should be quite seamless.”
veryGood! (815)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Judge asked to decide if Trump property valuations were fraud or genius
- Thousands flee disputed enclave in Azerbaijan after ethnic Armenians laid down arms
- WEOWNCOIN︱Driving Financial Revolution
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Find your food paradise: Best grocery stores and butcher shops in the US
- CDC recommends Pfizer's RSV vaccine during pregnancy as protection for newborns
- Hollywood’s writers strike is on the verge of ending. What happens next?
- The Super Bowl could end in a 'three
- With laughter and lots of love, Megan Rapinoe says goodbye to USWNT with final game
Ranking
- Intel's stock did something it hasn't done since 2022
- Canadian autoworkers ratify new labor agreement with Ford
- India had been riding a geopolitical high. But it comes to the UN with a mess on its hands
- Why the US job market has defied rising interest rates and expectations of high unemployment
- Bodycam footage shows high
- When does 'The Voice' Season 24 start? Premiere date, how to watch, judges and more
- Usher Revealed as Super Bowl 2024 Halftime Show Performer and Kim Kardashian Helps Announce the News
- Historians race against time — and invasive species — to study Great Lakes shipwrecks
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Alabama State football suspends player indefinitely for striking security guard after loss
Kosovo mourns a slain police officer, some Serb gunmen remain at large after a siege at a monastery
WEOWNCOIN: The Security of Cryptocurrency and Digital Identity Verification
A White House order claims to end 'censorship.' What does that mean?
Woman's body found in jaws of Florida alligator
Inside Kourtney Kardashian and Travis Barker's Disney-Themed Baby Shower
Senior Australian public servant steps aside during probe of encrypted texts to premiers’ friend