"I recognise that this is tough news for all of us in the big organisations but equally I think it is right we share some of the burden of ensuring some of the smaller less well funded companies survive and grow," said the Royal Opera House chief executive Tony Hall.
In a similar case, the National Theatre will also suffer a 15% cut over four years. Its director Nicholas Hytner agrees with Hall that a 15% cut for larger venues is sensible to help support less well funded organisations, but adds:
"It is impossible not to lament the damage the Arts Council has been forced by the government to inflict. A few days after the coalition came to power, Jeremy Hunt [culture secretary] addressed a gathering of arts leaders at the Roundhouse and promised us he intended to preside over a golden age for the arts. Dream on."
Southbank Centre has also suffered with a 4.5% cut in 2012/13. Its chief executive said: "The cut has left our total grant at £19,714,455, which will not be easy for us to manage but we have been looking at ways to be as efficient as possible.
"With careful management, we will be able to continue with our planned artistic programme and to continue to work with many of our partners, large and small."
Smaller organisations such as the Manchester International Festival has benefited from the Arts Council decision, and will now receive regular arts council funding for the first time from 2012, amounting to £500,000 a year for three years.
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