Opera Australia posts $4.9m loss, as shift to musicals draws audiences

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Rising costs and a twice cancelled production of Wagner’s Ring Cycle have all added up for the nation’s biggest arts company.

OA chief executive Fiona Allan has pinned much of the loss on the cost of mounting Wagner’s monumental 16-hour, four-part work in Brisbane which had been twice delayed because of the pandemic.had been a financial disaster, instead declaring it an “artistic triumph”.Credit:“I think it is one of the best collaborations I have been involved in in my career,” she said. “It was something we really had to see through.

The loss contrasts with a $1.75m surplus for the previous year, although the 2021 result was substantially affected by a NSW government bailout package of nearly $10m. “We want to be creating more work for Australian teams and artists. When we’re bringing in people internationally we want to be welcoming back amazing Australian artists like Jessica Pratt who are doing so well internationally and need to feel Opera Australia is one of their home companies.”Miss Saigonin Melbourne only.

Allan said they were trying to see the “silver linings” of the closure and had been looking at a number of options, including regional touring and the “great experiment” of using Margaret Court Arena for a production of“Perhaps there is the opportunity for audience growth over the next few years by taking opera to different spaces,” she said. “It’s hard to juggle but it’s out of our control that we don’t have the State Theatre.

Source: News Formal (newsformal.com)

 

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