Opera Australia‘s financial woes have continued, after posting a $10 million operating deficit. It also confirmed its Sydney Winter season of Sunset Boulevard failed to meet box office expectations. Chair Rod Sims defended the shortfall by pointing to various factors that have led to the company’s worst financial results since the pandemic.
Sims is optimistic, pointing to improved ticket sales for its Summer season. “Our 2025 financial result will be much closer to break-even, and we are well into the year. Indeed, our revenue from our Sydney summer opera was the best recorded,” he says in a media statement released earlier today to accompany the company’s 2024 Annual Report.
