NEW YORK CITY: The New York City Opera has said it would close and file for bankruptcy after 70 years, having failed to secure desperately needed millions through an emergency fund-raising appeal. The second opera company in the city considered the cultural capital of the US opened in 1944 and had set out to make the art more accessible and affordable to the masses. But the deadline on an emergency appeal expired at midnight Monday with the company collecting only $2m of the $7m it needed to keep its doors open. “NYC Opera did not achieve the goal of its emergency appeal,”–AFP