The Perilous Life of Symphony Orchestras: Artistic Triumphs and Economic Challenges

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The Perilous Life of Symphony Orchestras: Artistic Triumphs and Economic Challenges image
ISBN-10:

0300171935

ISBN-13:

9780300171938

Edition: American First
Released: Jan 24, 2012
Format: Hardcover, 240 pages

Description:

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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