
Oper Leipzig Facing Bankruptcy After Falling Attendance
By Francisco SalazarOper Leipzig is facing bankruptcy after experiencing falling attendance and a rising wage bill.
According to reports by Backstage Classical, the company is currently operating with a deficit of 2.3 million euros, which is expected to rise in the coming years.
Moreover, reports from Vennicio Media indicate that the company’s occupancy last year fell to 64 percent in quarter two and 51 percent in quarter three, with total visitor numbers revised downward from 182,500 to 169,300. The media source also reported that the “deficits are projected to reach 3 million euros in 2025 and 3.3 million in 2026 before slightly dropping to 2.9 million euros in 2028.”
General Director Tobias Wolff and his management team have attributed the deficit to increased energy, personnel, and material costs, while revenues have stagnated.
According to reports the company will have to continue to reduce the budget and is now considering price increases for tickets.
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