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is a multi-faceted art form involving high fixed costs and requiring complex approaches to management. In addition to the singers and musicians who form the core of the company, its production requires scenery and costumes and sometimes dancers and non-singing actors. Fixed costs in today's opera organizations--keeping many of the singers and musicians on year-round contracts, and if managing their own theatre, the cost of workers needed to create and maintain the sets and costumes as well as the cost of maintaining and running the building--combined

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