money: Page 4

I was at work one night a few weeks ago, waiting for the 3rd movement of the Shostakovich 1st cello concerto to end (no slap at our soloist, Johannes Moser, who played wonderfully, but it’s a long sit with no need to count), when, for some unaccountable reason, I began to think about Baumol’s cost […]

I visited the website, Extra Criticum. As it states on the homepage, “performing arts pros trade opinions, ideas, questions and obsessions.” The bloggers published here cover a wide range disciplines in the Arts, so it’s not just a music site. And I was interested in a posting by Rolando Teco, since he writes about “success.” […]

Seattle Symphony management and musicians have reached a tentative agreement: The 23-month, three-season contract — which could be extended for an additional eight months — would immediately cut musicians’ pay by 5 percent until the end of this season, with the current pay scale resuming in 2011. Musicians also would pay a greater share of […]

The Cleveland strike, and the rapidly-ensuing settlement, were the subject of more coverage in the media since… the last round of Big Five orchestra strikes. And the coverage was pretty much the same; talk of how the strike was symptomatic of fundamental issues with the health of orchestras (it wasn’t), talk about how the musicians […]

The symphonoblogosphere has been abuzz with stories about the labor troubles in Seattle and Cleveland, and these are indeed big stories. But there are other negotiations hanging fire as well. Unless I missed something, the Met management’s proposal to cut salaries by 10% has still not been resolved, while Detroit’s been having an extremely difficult […]

Tomorrow (Friday, Nov. 20), the NEA is sponsoring a meeting on Artists in the Workforce. It will be webcast live at 9 AM EST. The info page on the NEA website is here.

The Indianapolis Symphony just reported a substantial deficit: A year of declining contributions and ticket sales left the Indianapolis Symphony Orchestra with a $2.8 million deficit. Symphony officials say its current budget has been cut by $3 million, to $26 million, in part through a 12 percent pay cut accepted by musicians in a new […]

Many of you may follow the writings of Greg Sandow in his Arts Journal Blog.  If you do you will know that for the past couple of years Greg has been writing a book, and presenting it piece by piece in his blog.  This project went dormant for a period of time, but now he’s […]

Show business can indeed pay well: After you practice for years and get to Carnegie Hall, it’s almost better to move music stands than actually play the piano. Depending on wattage, a star pianist can receive $20,000 a night at the 118-year-old hall, meaning he or she would have to perform at least 27 times […]

My favorite headline of all time was “Something went wrong in jet crash, experts say.” The headline and article below, while not reaching quite that level of sublime obviousness, is still strikingly… obvious: Economy took toll on symphony’s artistically bright year The economy has been playing the role of Scrooge, causing the Pittsburgh Symphony Orchestra’s […]