ARTFEED — Contemporary Art Intelligence

Saudi Arabia Withdraws from $200 Million Met Opera Deal

market-auction · 2026-04-24

On April 23, 2026, The New York Times reported that the Saudi government has withdrawn from a $200 million contract with the Metropolitan Opera. This arrangement would have seen Saudi Arabia supplying essential financial support in return for the Met staging a three-week performance season at the Royal Diriyah Opera House, located near Riyadh, every February for three consecutive years.

Key facts

  • Saudi government withdrew from a $200 million deal with the Metropolitan Opera.
  • The deal involved the Met performing at the Royal Diriyah Opera House near Riyadh.
  • Performances were scheduled for three weeks each February over three years.
  • The funding was described as badly needed by the Met.
  • The announcement was made in a New York Times article on April 23, 2026.

Entities

Institutions

  • Metropolitan Opera
  • Royal Diriyah Opera House
  • The New York Times

Locations

  • Saudi Arabia
  • Riyadh

Sources