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The Los Angeles Opera will get a $14 million emergency loan from Los Angeles County, allowing it to keep paying its expenses through the middle of next year.
County supervisors have voted to support the Los Angeles Opera's planned festival next year celebrating Wagner's epic "Ring" cycle despite one supervisor's protest over the composer's anti-Semitic views.
The Los Angeles Opera will lay off 17 employees, stage fewer performances and reduce its operating budget by a quarter to cope with falling donations and reduced endowment income, company officials said.
The Los Angeles Opera has postponed the world premiere of Daniel Catan's "Il Postino."
The Los Angeles Opera's upcoming season will feature several productions directed by famed filmmakers including Woody Allen, David Cronenberg and William Friedkin.
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