Yes, The Storied Met Opera Just Ended Its Season With A $22 Million Deficit

November 21, 2014 6:16 PM

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NEW YORK (AP) — New York City's Metropolitan Opera says it has ended its 2014 fiscal year with a $22 million shortfall in its budget.

But the opera company said in a statement Thursday that steps including new labor contracts are expected to bring in enough savings to balance the budgets in the 2015 and 2016 fiscal years.

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