Metropolitan Opera Guild Shutting Down Amid Financial Struggles, Opera News To End As Standalone Publication

The Metropolitan Opera Guild will cease operations and lay off all staff due to financial troubles from declining contributions and grants.
The guild had supported the Met and published Opera News monthly magazine, which will now fold as a standalone publication.
Opera News will continue in a different format as part of Opera magazine published in the UK.
The guild will become a supporting organization under the Met and provide severance packages to its 20 employees.
The guild faced financial challenges from falling donations and competition for support from opera aficionados.