An unsustainable business model at the Cleveland Symphony:
The numbers for the year ended June 30, 2008: Conductor Franz Welser-Möst received compensation of $1,316,120. Concertmaster William Preucil (the orchestra’s most highly paid member) received a salary of $414,159 and benefits of $19,658. The mean compensation for players was $140,200. Benefits include 10 weeks of paid vacation and 26 weeks of paid sick leave. The orchestra’s 2009-10 budget is $42 million, down from $45 million during the prior period. Net assets during 2008 were reported to have been reduced by $27 million; published financial information seems to indicate an operating loss, perhaps in excess of $7 million.
I noticed the expenses for the San Francisco Symphony’s Keeping Score program is rather high. They raised nearly $10 million in 2005, and the total budget for the project is $23 million. So far, they’ve produced 7 episodes of the show. The show’s very engaging, even if you’re getting into classical music as a form of cultural vitamins (although the historical re-enactments in the Berlioz episode are…how do I say this? thrifty….). Put it on your Neflix queue. Noe enjoy this San Francisco controversy from 2008:
The San Francisco Weekly lately got word that Michael Tilson Thomas’ salary is what the news-hounds figured was a whopping $1.6 million. After reading the article, the San Francisco Board of Supervisors President Aaron Peskin, in a fit of pique, now promises to cut off the city’s $1.8-million subsidy to the symphony, according to a follow-up in the Weekly.
Philip Glass is promoting a piano concert tour in the Northwest this week. I liked this quote about his film scores:
“There are some talented guys in Hollywood, but they’re not treated well,” he once said. “They’re always asked to write fast music for a chase. Why not slow? I like a distance between image and music, something not too literal, not right on the image but loose.”
I guess that’s why he didn’t get offered the Clash of the Titans soundtrack. But The Hours rocks (WARNING! This is the final scene!)