Though classical and opera recordings may be staving off serious financial dread, at least for now, live performances have been taking a serious hit at the box office.
Specifically, the Metropolitan Opera is proposing in contract talks with union-represented workers to cut compensation, the first this has happened in decades.
"The Met recognizes that it, like other performing-arts companies, has a serious issue that has to be solved, which is bringing into balance its expenses and its revenues," says Peter Gelb, general manager.
"Clearly expenses have to be cut in order to provide a sustainable business model in the future," he continued.
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