Met Opera Cancels Season Due to Coronavirus, Stops Pay
billboard.comThe Metropolitan Opera is canceling the rest of its season and stopping the pay of the orchestra, chorus and other unionized employees at the end of March due to the new coronavirus.The Met last week called off performances through March 31.Met general manager Peter Gelb said he is giving up his $1.45 million salary until normal operations resume and higher-paid members of his administrative staff are having their pay reduced — by 10% for everyone earning more than $125,000 and by 25%-50% at the top of the pay scale.
The Met is launching an emergency fundraising drive of $50 million to $60 million and has obtained pledges from its board for $11 million of that.“We have significant cash-flow issues that we have to deal with right now because.
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