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Entries in struggle (1)

Thursday
Apr072011

Symphonies Struggle for Survival

Comstock/Thinkstock(SYRACUSE, N.Y.) -- Start with the economy, mix in the American public's changing taste in music, overly large concert halls, and union-management struggles and you have the challenges of symphony orchestras around the country.

Most recently, the Syracuse Symphony Orchestra announced Tuesday they would be filing for Chapter 7 bankruptcy.

In early February, the 50-year-old symphony serving central New York set a fundraising goal that, to management's delight, was surpassed by $100,000. But in early March, it came up just over $144,000 short in meeting another benchmark that would help ensure the continuation of operations.

"Certainly we were disappointed, but we're also encouraged by the fact that we're continuing to have a great deal of support from individuals and corporations and establishments that are interested in raising funds for us and assisting us in any way they can," interim executive director Paul Brooks told ABCNews.com.

Unfortunately for the Syracuse Symphony, they never reached that March goal, forcing the management to ask for $1.3 million in concessions from the symphony's musicians. The musicians made a counter offer of $915,000 that was not accepted and on March 28, the organization's board of trustees voted to suspend artistic operations, cutting short the organization's 50th anniversary season by 20 concerts.

Prior to closing, the organization has had several recent changes in management and seen its share of troubles. In summer 2010, an angel investor stepped in after management realized on June 29 that they would not have the funds to continue their everyday operations beyond July 15.

Such problems are not unique to Syracuse.

Honolulu's symphony filed for Chapter 7 liquidation on December 13 of last year.

The Louisville Orchestra filed for Chapter 11 bankruptcy, also in December.

The Detroit Symphony's musicians have been on a very public strike, forcing the cancellation of many concerts this season.

Copyright 2011 ABC News Radio







ABC News Radio