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Met Opera To Raise Ticket Prices Next Season

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Like many arts organizations, the Metropolitan Opera is operating with a deficit. Next season, the company has announced it will try to drum up funds by upping the price of its tickets.

''Obviously, we hope not to lose anything on sales,'' the Met's general manager, Peter Gelb, told The Associated Press and other reporters on Monday. ''My hope is that the audience will be sufficiently excited about what we've been doing and will want to continue to be part of it. Obviously, when we have ticket price increases, we run a risk.''

The Metropolitan Opera has a deficit of $4 million this season, after carrying over a $1 million deficit from last season. The ticket price hike it will institute will be an across-the-board increase. Subscription prices will go up about 6 percent and individual ticket prices will be increased by about 11 percent. The AP reports that this is the first time the company has increased ticket prices in five years.

The Met's next season opens September 27.