New York's Metropolitan Opera and the American Guild of Musical Artists have reached a three-year accord that gives the organization's singers, dancers, and stage managers annual 2-percent raises, reports The Wall Street Journal.
Alan Gordon, the guild's national leader, called the agreement “an excellent deal” that “should serve as a pattern” for the opera's talks with its two other unions.
“I think what we achieved is fair game given the economic difficulties of the world we live in and given the financial challenges of the Met,” said Peter Gelb, the opera's general manager. The opera expects to balance its budget this year after running multimillion-dollar deficits since 2004.
In other arts news:
• A longtime trustee of the Maryland Institute College of Art has contributed $10-million to expand the Baltimore institution's graduate programs and research capabilities, writes The Baltimore Sun.
The gift from George L. Bunting Jr. and his wife, Anne Bunting, is the largest in the institute's history. Mr. Bunting, who heads investment adviser Bunting Management Group, has been a trustee of the college for more than 30 years.
• New York's Second Stage Theatre is struggling to find financing to close its 2008 purchase of a Broadway house, Bloomberg says.
The nonprofit group risks losing its $3.65-million down payment on the Helen Hayes Theater if it fails to produce the $21.1-million balance by May, according to a financial statement filed with the state. Second Stage is seeking a $15-million donation in exchange for renaming rights for the venue.