More bleak news: New York City Opera has filed for bankruptcymain
The Kickstarter appeal failed to reach one-third of its target and was shut down this morning.
The company has posted the following notice:
It is with much regret that we announce the end of our fundraising campaign on Kickstarter and the cancellation of the 2013-2014 Season. New York City Opera did not achieve the goal of its emergency appeal, and the board and management will begin the necessary financial and operational steps to wind down the Company including initiating the Chapter 11 process.
For seventy years, since Mayor Fiorello La Guardia established it as “The People’s Opera,” New York City Opera has introduced generation after generation of young singers who are stars in the making, brought the public exciting new works and compelling, fresh interpretations of classics, acted as a champion for American composers and performers, and ensured that every New Yorker can experience the live art of opera.
We thank you for your continued support over the years and for making New York City Opera truly “The People’s Opera.”