Orchestra Economics: Page 2

If one wishes to contribute to the conversation about how to expand the audience base for American orchestras, then one must talk about what those orchestras are presenting — and right now that’s a taboo subject. The fact is that the discussion about WHAT exactly orchestras are presenting has never taken place. The arbitrary distinction […]

An article in the August 2014 International Musician got me thinking about Electronic Media Guarantees and their history: …[former ICSOM chairman Brad] Buckley recalled that the earliest instance of what was then called a “recording guarantee” came into existence decades ago with the Philadelphia Orchestra, during the tenure of Music Director Eugene Ormandy. The maestro […]

Orchestras need to offer compelling reasons for millennials to make live symphonic music a part of their lives.  After all, millennials are the largest generation in human history, and at nearly 90 million people they will very soon make up the vast majority of our orchestras’ stakeholders, constituents, audience, staff members and supporters – and […]

First Minnesota, then Milwaukee, and now … Memphis: Following in the tumultuous footsteps of its Nashville counterpart, the Memphis Symphony Orchestra announced that it is facing a financial crisis that will require “aggressive steps” to complete the current season. “The Memphis Symphony Orchestra celebrates decades of accomplishments thanks to a committed group of patrons, musicians […]

Musicians who have had the privilege and pleasure (dubious, in some cases) of discussing the future of professional orchestras with experts of various stripes are all too familiar with Baumol’s Cost Disease. The best description comes from the economist who came up with the concept, William Baumol: Any economic activity affected by it will tend […]

There’s been what intelligence analysts call “chatter” for a few weeks about a settlement in Minnesota being close. I heard some new chatter in the past couple of days, which led me to to set up a Google watch on the news. About twenty minutes ago, the official news came through, after some preliminary reports […]

The great Israeli diplomat Abba Eban famously remarked, after the 1973 Geneva Peace Conference, that “the Arabs never miss an opportunity to miss an opportunity.” The same could be said of the Board of the Minnesota Orchestra. At their annual meeting yesterday, the Board passed on the perfect moment to let the current board chair […]

I. The Tornado and the Plow Horse I recently plugged the words “Salieri” and “Festival” into Google, which limped back with a meager Salieri Opera Festival of 2010, presented by Fondazione Fioroni in Verona, Italy. Curious, I added “2013” to the search, and Google came back with only three results, none of which led to […]

For this Editor’s Choice I decided to look back at some interviews we recorded in years past. There are some real gems here. The one I chose to feature this time around is a conversation between Paul Boulian and Greg Sandow discussing the economic reality of orchestras. Though it was recorded in February 2009, it […]

Today is what most observers are assuming is the deadline for a settlement in Minnesota that will keep Osmo Vänskä and the November Carnegie concerts in the picture. It doesn’t appear that negotiations are going well, though. One indication of that is the management offer of last week, made with great public fanfare and certainly […]