Current:Home > InvestUS-focused Opera News, to cease publication in November after 87 years -ValueCore
US-focused Opera News, to cease publication in November after 87 years
View
Date:2025-04-17 18:27:24
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! (7611)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- How Russia's war in Ukraine is changing the world's oil markets
- Finding Bright Spots in the Global Coral Reef Catastrophe
- The Most Unforgettable Red Carpet Moments From BET Awards
- Trump invites nearly all federal workers to quit now, get paid through September
- The Home Edit's Clea Shearer Shares the Messy Truth About Her Cancer Recovery Experience
- You're Going to Want All of These Secrets About The Notebook Forever, Everyday
- Two teachers called out far-right activities at their German school. Then they had to leave town.
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- See Pregnant Kourtney Kardashian Bare Her Baby Bump in Bikini Photo
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- How 4 Children Miraculously Survived 40 Days in the Amazon Jungle After a Fatal Plane Crash
- The Dominion Lawsuit Pulls Back The Curtain On Fox News. It's Not Pretty.
- Former Child Star Adam Rich’s Cause of Death Revealed
- Stamford Road collision sends motorcyclist flying; driver arrested
- The Dominion Lawsuit Pulls Back The Curtain On Fox News. It's Not Pretty.
- Inside Pregnant Kourtney Kardashian and Travis Barker's Blended Family
- Trump receives a target letter in Jan. 6 special counsel investigation
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Vinyl records outsell CDs for the first time since 1987
Florida Judge Asked to Recognize the Legal Rights of Five Waterways Outside Orlando
A Chicago legend, whose Italian beef sandwich helped inspire 'The Bear,' has died
A White House order claims to end 'censorship.' What does that mean?
Listener Questions: baby booms, sewing patterns and rural inflation
Inside Clean Energy: Real Talk From a Utility CEO About Coal Power
Taylor Swift Issues Plea to Fans Before Performing Dear John Ahead of Speak Now Re-Release