Operating cost of blind opera singer is less than operating cost of operating a normal car
Operating costs of blind operas are less than the operating costs of a normal automobile, a leading British operator has claimed.
The Independent on Sunday newspaper reported that the operator of the London Opera’s Royal Opera House said the cost of its blind opera singing and acting troupe is $10.3 million (£7.6 million).
The news came after the Royal Opera’s head of operations, David Llewellyn, said the company’s business was already performing better than in recent years.
Operating costs have been falling in recent months and the company is seeing “solid returns on capital” in the past year, Llewyd told the paper.
“There is a huge amount of capital out there for the company, which is being invested in new productions and it’s been a good year for us,” Llewelyn said.
“The last five years has been a bit of a boom year in terms of opera-making, but the next five years we expect it to be a really good one.”
It’s going to be interesting to see what happens to that capital, the amount of money that’s being invested, and then we’ll see how it goes.
“Llewellyd said the opera-makers had been able to invest in new production spaces and equipment and “recover” money for the next four years.
He added: “The last four years have been fantastic and we’re getting a lot of return on investment in the company.
“Operating and operating cost are a very important measure, but they are also a very good indicator of a company’s profitability.”
The news comes as a new study by PricewaterhouseCoopers (PwC) has revealed that the cost per opera-going person in Britain had fallen by almost 10 per cent in the last three years.
“Operating cost is falling, but it’s falling at a very slow rate,” Lledwellyn said.
The news follows a report in the Sunday Times last week that opera-maker Royal Opera has paid out £2.5 million to settle a claim of discrimination in a UK court.
The paper said that the company was still unable to show that the pay rate of its singing and performing troupe had not increased in recent decades, adding that the court case was likely to take a long time.
The Royal Opera was founded in 1517 by the Earl of Shaftesbury.