New York City Opera Files For Chapter 11 Bankruptcy Protection

New York City Marathon Signs Tata Consultancy as Title Sponsor

It was inspired by Bergmans 1955 film Smiles of a Summer Night. (Carol Rosegg / October 1, 2013) Related Ellen Wulfhorst Reuters 5:16 p.m. EDT, October 3, 2013 NEW YORK (Reuters) – The New York City Opera filed for bankruptcy protection on Thursday after announcing earlier this week that it had failed to raise enough money to stay open and would close its doors. An urgent fundraising appeal by the 70-year-old company, dubbed “The People’s Opera,” raised only about $2 million of the $7 million it said it needed by the end of September. Citing declining revenues over several years, the opera company said in court documents filed on Thursday that it canceled its current season and “does not intend to continue producing opera seasons in the future.” “Absent a drastic change in circumstances, another cultural or educational institution being willing to partner with or adopt NYC Opera, or a miraculous increase in donations, NYC Opera will be forced to conduct an orderly wind-down of its operations,” it said. Pictures: Monster’s Beer Fest Orlando It listed its liabilities in its Chapter 11 bankruptcy documents at $5.6 million. Also in the documents, it said it attributed its financial decline to “a troubled economy, decreased donations, and increasing pension obligations” as well as a crowded entertainment market, competition with the Metropolitan Opera, New York City’s other major opera company, and a decrease in arts education, arts journalism and arts on television and radio. This season, the company was presenting “Anna Nicole,” an opera based on the life and death of Anna Nicole Smith, a Texas stripper best known for marrying oil tycoon J. Howard Marshall when he was 89 and she was 26. Founded in 1943, the New York City Opera was dubbed “The People’s Opera” by New York Mayor Fiorello La Guardia. The company was intended to promote young performers and composers, present new works and fresh interpretations of classics and make opera affordable and accessible to city residents. The company helped launch the careers of such stars as ReneA Fleming, Beverly Sills, Frederica von Stade and Placido Domingo, according to its website. (Additional reporting by Nick Brown; Editing by Eric Walsh) Copyright 2013, Reuters

New York Jets

Well see where he is tomorrow. Milliner The Jets have an extra day to get players ready for the game, given that they play Monday night. Did Milliner, who missed last Sundays game in Tennessee, have a setback of some kind in his rehab? I dont think so, its just that he never practiced, Ryan said. Last week, the Jets played Darrin Walls in place of Milliner, and Walls struggled — as Milliner had in Week 2 against the Patriots. During the Patriots game, Milliner was benched, but it doesnt look as though the Jets have found a permanent replacement. Still, Ryan said Walls would go if Milliner couldnt. Well play our guys, Ryan said. Darrin has accounted for himself very well up until (parts of last game). They made a few plays on him. Theyre going to make plays on anybody in this league. Hes played well, particularly up until this last game. Walls (shoulder) was in a red no-contact jersey Thursday. Heres the rest of the injury report: NEW YORK JETS Did not practice: T Oday Aboushi (knee), WR Stephen Hill (concussion), WR Santonio Holmes (foot, hamstring), RB Chris Ivory (hamstring), CB Dee Milliner (hamstring), TE Kellen Winslow (knee). Limited: WR Clyde Gates (knee), CB Darrin Walls (shoulder).

(TCS) , Asia s largest computer-services exporter by market value, as the title sponsor of the New York City Marathon beginning next year. The annual race through the five boroughs will be known as the TCS New York City Marathon under an eight-year agreement. Financial terms werent disclosed. ING U.S. Inc. said about two months ago that it would end its sponsorship of the marathon after this years race as it moves away from its Dutch owner, ING Groep NV (INGA) , which has sponsored the event since 2003. The NYRR was seeking a partner that shared the belief in unlocking the potential in people to run, and elevating the health and wellness of whole communities, said Mary Wittenberg, the Road Runners chief executive officer. Technology has become such a big driver and influence in the city, so we were especially excited to tie those two areas together, Wittenberg said in a telephone interview. Though the partnership is signed and work will begin now on improving the NYRRs technology structure, Wittenberg said, the name change will begin Nov. 4, the day after this years NYC Marathon that is expected to draw about 48,000 runners. Were babes in the woods in terms of where we are with technology, Wittenberg said. There are a lot of areas we lead with New York Road Runners. I dont think its technology right now. TCS, a Mumbai-based part of Tata Sons Ltd., India s largest industrial conglomerate, has about 277,000 consultants in 44 countries, generating revenue of $11.6 billion for the fiscal year ending March 31, according to the statement. Other Marathons TCS has been the title sponsor of the Amsterdam Marathon and had smaller sponsorship deals with the races in New York, Boston , Chicago and Berlin, as well as running events in India. About 50 percent of TCSs business is U.S.