Friday, July 30, 2010
DC Opera takeover?
The Washington National Opera is currently in negotiations with the Kennedy Center on continued use of the center as its home venue.
The Wall Street Journal's Erica Orden is told the talks are turning to merger:
http://online.wsj.com/article/SB10001424052748704532204575397620488218174.html
The Washington Post's Anne Midgette writes that "there are some who have suggested, even behind the scenes, that the Kennedy Center take over the financially troubled company." WNO President Kenneth R. Feinberg tells Midgette that "all options are on the table" . . .
http://www.washingtonpost.com/wp-dyn/content/article/2010/07/29/AR2010072906601.html
What's being considered, apparently, is an administrative partnership similar to the one that exists between the Kennedy Center and the National Symphony Orchestra.