About: http://data.cimple.eu/news-article/a72ca8ff8ca98a826b15a16106a29c6bf84188db4af9d5cbe92b58ee

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About: http://data.cimple.eu/news-article/a72ca8ff8ca98a826b15a16106a29c6bf84188db4af9d5cbe92b58ee Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Britain's Royal Opera House plans to sell a portrait by David Hockney in a bid to raise funds, as it suffers from the financial fallout of the coronavirus pandemic. The iconic London institution said the sale of the painting of its former chief David Webster at auction later this month was "a vital part of (our) strategy for recovery". It is expected to fetch between £11 million ($14 million, 12 million euros) and £18 million, according to the Observer newspaper. "The proceeds will be used to ensure that the world's greatest artists can once more return to our stages," said Chief Executive Alex Beard. The Royal Opera House closed its Covent Garden doors in late March as Britain went into a months-long nationwide lockdown as Covid-19 spread across the country. It reopened in June without live audiences and by streaming performances online as part of a four-pronged recovery plan which includes redundancies and other cost-cutting. It has also launched a fundraising campaign among audiences and supporters "to sustain our community of artists". But income has fallen by more than half since the pandemic began and been described by Beard as "the biggest crisis in our history". The painting by Britain's Hockney depicts Webster, who ran the opera house from 1945 to 1970, and was commissioned for the Covent Garden building in the 1970s. It will go under the hammer at Christie's auction house on October 22. jj/bmm
schema:headline	Britain's Royal Opera House to sell Hockney painting to raise funds
schema:mentions	David Hockney Martell Webster Opera Lockdown Pandemic Coronavirus Coronavirus disease 2019 David P. Webster Alex Beard (arts manager) London Institution Covent Garden Royal Opera House
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	79 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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