English National Opera facing major funding cuts
1 July 2014 Last updated at 20:37 BST
The English National Opera is facing a major cut to its funding as part of a shake-up of how arts funding is distributed.
Arts Council England - which hands out the grants - said the ENO had failed to reach box office targets.
Funding for projects outside London is up but critics say it is not enough.
The BBC's Arts Editor Will Gompertz reports.