The Truth From Above
The Virginia Symphony Orchestra may have to file for Chapter 11 bankruptcy protection and musicians might have to go without their next paycheck if the group does not receive a $1 million loan from the city of Norfolk’s Economic Development Authority, Executive Director Carla Johnson said Thursday.
Mayor Paul Fraim said the loan, if granted, would come from interest income on bonds issued by the authority and would not have to be approved by the City Council.
“I don’t blame the symphony for asking for $1 million, but I believe that is beyond what would be prudent,” Fraim said Thursday.
Read more here.
They aren’t gone yet, but how bleak is this going to get, anyway?
A $1 million classical music prize has been established to commemorate the late Swedish soprano Birgit Nilsson.
The prize is the largest to be awarded in the history of classical music and is to celebrate outstanding achievements in the international field of opera and concert, the Birgit Nilsson Foundation announced Friday. The foundation said it was creating the prize according to the singer’s wishes.
Well, hey … I play in an opera pit. There’s that. If I win I am going to share it with everyone I know. Really.
I read it here.
Double Fun