Money: Page 5

Think “orchestral institutions” as “artists” in this article and some interesting questions emerge: Are we finally entering the age of the digital cultural entrepreneur (DCE)? That is, has it now become possible for a gifted artist or writer to control the reins of his or her career from a laptop, scheduling gigs, selling books or […]

The Los Angeles Philharmonic has pulled the plug on its attempt to emulate the Metropolitan Opera’s successful series of live broadcasts to movie theaters: When the Los Angeles Philharmonic launched its series of live broadcasts to cinemas in 2011, the organization touted it as an innovative program intended to broaden the popular reach of the […]

This letter appeared in Saturday’s Minneapolis StarTribune: As former music directors of the Minnesota Orchestra, we came to the state because we believe that it wants and deserves to have a world-class orchestra. We are proud of the cultural gem we have built, with the musicians, for more than half a century. It required long […]

This article by Peter Dobrin of the Philadelphia Inquirer is the best reporting on the current crisis yet to appear. Go read the whole thing: …What someone is willing to pay for orchestral musicians in this country has changed radically in recent weeks. Yes, a brief strike last month by the Chicago Symphony Orchestra resulted […]

The musicians of the Atlanta Symphony voted to ratify a tentative settlement that was pretty much what ASO management (or perhaps the Woodruff Center) wanted all along: Symphony Orchestra accepted a new collective bargaining agreement Wednesday, barely averting a postponement of the fall season. The deal will cost players $5.2 million in compensation over two […]

When I was a doctoral student, I was in a class that had an assignment that asked us to think into the future twenty years and forecast what the music profession would look like.  I wish I still had that paper.  It would be fun to see how far off I was.  Anyway, one student […]

If you have read my book, Lessons From a Street-Wise Professor, think back to Chapter 9: “Five Non-Linear Career Journeys.”  These are stories of very successful entrepreneurial musicians.  I chose to include them because they represent five different areas of the music business, but I had a secondary reason as well.  They all have reached […]

If you have money to invest, any financial advisor worthy of their corner office will suggest you diversify the portfolio. In other words, don’t put all your eggs in one basket. The same logic can be applied to multiple-stream careers. This post outl…

[Nick Kitchen is the founding first violinist of the Borromeo Quartet, ensemble in residence at NEC. In addition to receiving the Artist Diploma from NEC, the quartet has gone on to win the 2007 Avery Fisher Career Grant, Lincoln Center’s … Continue reading →

Let’s assume that anyone reading this knows that the sum total of all the money an individual earns is called the gross. It is reported by your employer to the Federal Government in the form of a wage and tax statement called a W-2, and a copy is sent to you each January for the […]