Bregenz Festival Is Financially Under Pressure

Kronen Zeitung

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Despite "La traviata" sales, the festival is writing losses – there is even a risk of thinning the schedule, and the future of the drama is uncertain. At Easter, there will probably be no more tickets for the game on the lake, the opera "La traviata" – never before was a sea stage production sold out. This makes the commercial director Michael Diem happy, but he still has concerns: "We have no sales crisis, but we are in a cost crisis – and this…

vienna.at

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Ownership

The subsidy cuts have significantly depleted the Bregenz Festival's reserves, despite the impending sell-out of "La traviata" tickets, compounded by a cost crisis. The festival's capital base is dwindling, a "development that cannot be sustained for long," according to commercial director Michael Diem in an interview with the APA. He stated that it is "essential" to receive funding at least at the previous level again from 2027 onwards. Whether …