Finances

Many artists have not been paid since March at the company, which hopes to return on New Year’s Eve after its longest interruption in over a century. Source

With the company’s September opening in jeopardy, it will put 41 staff members on indefinite furlough and cut 11 others to part-time hours. Source

More than 40 artists will participate in the April 25 event, which comes as the company faces up to $60 million in losses because of the coronavirus pandemic. Source

The company’s orchestra and chorus will not be paid past March. The move is another stark sign that even the richest cultural institutions face a profound threat from the outbreak. Source


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