Categorized | General Interest

Opera Deal

There is a deal that prevents the NYC Opera from locking out its workers. Though hard to know right now what the deal is, there is still one mystery I’d still like to learn more details about.

A deal:

The Metropolitan Opera reached tentative agreements early Monday morning with the unions representing its orchestra and chorus after an all-night bargaining session, and called off its threat to lock out workers a little more than a month before the new season is set to open.

The agreements were announced shortly after 6:15 a.m. by Allison Beck, the deputy director of the Federal Mediation and Conciliation Service, after talks lasted long past the deadline of midnight Sunday that the Met had set for reaching a deal or locking out its workers.

I wrote about this recently and pointed out that the Opera’s operating deficits could be traced right back to the door of Peter Gelb, the general manager, who is paying paid quite nicely. So, this was worth waiting for:

The independent analyst chosen to explore the Met’s finances was Eugene Keilin, a founder of KPS Capital Partners who has long played a role in New York City’s finances, having served as chairman of both the Municipal Assistance Corporation, which was created to deal with the city’s 1975 fiscal crisis, and the Citizens Budget Commission.

Although the Federal Mediation and Conciliation Service announced Monday that “the report of the independent analyst brought in to review the Metropolitan Opera’s finances was nearing its completion,” it was unclear if a written report had been submitted.

Hopefully, we can get a look at that.

Leave a Reply

You must be logged in to post a comment.

Podcast Available on iTunes

Archives

Archives

Archives