More Signs of the Recession

Posted at 3:14 AM on August 1, 2009 by Gillian Martin
Filed under: In the media, Musician stories

The recession has hit the arts hard, and things could get worse as funders, audiences and sponsors continue to reassess their own financial positions.

Here are a couple of recent examples:

In Baltimore on Thursday, the musicians of the Baltimore Symphony accepted a significant pay cut--not their first concession this year.

In Ireland, the Arts Council has proposed cuts that would eliminate the country's three existing opera companies, and replace them with a new one: but "staff in the existing companies would not automatically transfer to the new company."