Last Friday we reported that the Philadelphia Orchestra was on the verge of declaring bankruptcy. On Saturday, the orchestra's board indeed voted in favor of the measure — the first major American orchestra to do so. Philadelphia Orchestra concerts are expected to continue as scheduled for the foreseeable future.
The Philadelphia Inquirer's Peter Dobrin covered many of the details in this article yesterday. Orchestra officials — chairman Richard Worley and CEO Allison Vulgamore — have published a letter to patrons on the organization's web site, explaining why the board voted the way it did. They also announced a new fundraising campaign.
Read or listen to it all.
Posted April 18, 2011 at 12:44 pm
To comment on this article: Go to Article ViewThe URL for this article is http://www.kendallharmon.net/t19/index.php/t19/article/36032/
© 2014 Kendall S. Harmon. All rights reserved.
For original material from Titusonenine (such as articles and commentary by Dr. Harmon) permission to copy and distribute free of charge is granted, provided this notice, the logo, and the web site address are visible on all copies. For permission for use in for-profit publications, please email KSHarmon[at]mindspring[dot]com
<< Return to Mobile view (headlines)