The Perilous Life of Symphony Orchestras

Nonfiction, Entertainment, Music, Business & Technical, Business Aspects, Business & Finance, Industries & Professions, Nonprofit Organizations & Charities
Cover of the book The Perilous Life of Symphony Orchestras by Robert J. Flanagan, Yale University Press
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Author: Robert J. Flanagan ISBN: 9780300177954
Publisher: Yale University Press Publication: January 24, 2012
Imprint: Yale University Press Language: English
Author: Robert J. Flanagan
ISBN: 9780300177954
Publisher: Yale University Press
Publication: January 24, 2012
Imprint: Yale University Press
Language: English

This book analyzes the economic challenges facing symphony orchestras and contrasts the experience of orchestras in the United States (where there is little direct government support) and abroad (where governments typically provide large direct subsidies). Robert J. Flanagan explains the tension between artistic excellence and financial jeopardy that confronts most symphony orchestras. He analyzes three complementary strategies for addressing orchestras’ economic challenges—raising performance revenues, slowing the growth of performance expenses, and increasing nonperformance income—and demonstrates that none of the three strategies alone is likely to provide economic security for orchestras.

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This book analyzes the economic challenges facing symphony orchestras and contrasts the experience of orchestras in the United States (where there is little direct government support) and abroad (where governments typically provide large direct subsidies). Robert J. Flanagan explains the tension between artistic excellence and financial jeopardy that confronts most symphony orchestras. He analyzes three complementary strategies for addressing orchestras’ economic challenges—raising performance revenues, slowing the growth of performance expenses, and increasing nonperformance income—and demonstrates that none of the three strategies alone is likely to provide economic security for orchestras.

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