New York City Opera

After a round of emergency fundraising failed, New York's "People's Opera" is shutting down. Unfortunately, many — including the company's current director and its musicians — saw this coming.

The New York City Opera, nicknamed the "people's opera" by Mayor Fiorello LaGuardia when it was founded 70 years ago, has always been a low-cost alternative to the more upscale Metropolitan Opera. The company may have to cancel its upcoming season if fundraising falls short.